Comments on: MuniLand Snaps: March 8, 2012 http://blogs.reuters.com/muniland/2012/03/08/muniland-snaps-march-8-2012/ Bridges, budgets, bonds Mon, 24 Nov 2014 00:29:08 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: lordatwar http://blogs.reuters.com/muniland/2012/03/08/muniland-snaps-march-8-2012/comment-page-1/#comment-807 Wed, 14 Mar 2012 00:18:53 +0000 http://blogs.reuters.com/muniland/?p=8194#comment-807 Ms Lang describes very clearly the present situation in Puerto Rico. As a resident, tax payer and business owner I can confirm that this island is going down the drain because of the irresponsible behavior of elected officials. The demagoguery has reach the extremes of a banana republic. In a country where the average salary is about $15,000/yr, it is not a travesty for legislators to vote themselves a $46,000 yearly allowance for perdiem. “La dieta” is tax free and only for eating out; the congressional cafeteria is not good enough for the legislators. Additional stipends include car, driver, gas, etc etc etc. With this kind of management can the island avoid going broke?

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