Thursday, May 11, 2006

Ay Dios Mio!

You know it's bad when the local government runs out of money and tells everyone to go home. The Puerto Rican Government is broke and that ain't no joke.

All the public school kids got to start their summer vacation early and I feel particularly bad for those seniors who still need another quarter of grades to go to College. Damn!!

Read the latest update from Governor Vilá from Puerto Rico WOW:

Gov. Aníbal Acevedo Vilá, House Speaker José Aponte Hernández, and Senate President Kenneth McClintock have reached an agreement subjected to the approval of certain details in order to end the economic crisis of the island.

After meeting with legislative leaders and members of a consensus committee in Fortaleza, Acevedo Vilá said the agreement would allow them to get everything back to normal.

He also said he would meet with Aponte Hernández and McClintock on Thursday to define certain details.

The three of them agreed to adopt the committee’s recommendations and authorize the Government Development Bank to issue a $741 million loan pending the approval of fiscal and tax reforms.

"There is no reason this shouldn’t be approved by Friday,” said the governor.

Acevedo Vilá has also instructed the Education Department to prepare the schools for the return of half a million students who have been out since May 1 as a result of a government lockout.


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