Life in Puerto Rico becomes costlier ...

Life in Puerto Rico becomes costlier amid crisis

There are 3 comments on the The Olympian story from Sep 28, 2013, titled Life in Puerto Rico becomes costlier amid crisis. In it, The Olympian reports that:

Once a chemical engineer who held managerial positions in the U.S. and Puerto Rico, Olivo became unemployed five years ago.

Join the discussion below, or Read more at The Olympian.

Since: Sep 12

Puerto Rico

#1 Sep 29, 2013
Interesting article, little or no mention of the only possible solution. Cutting spending.

El cacique

Since: Dec 12

Location hidden

#2 Sep 29, 2013
What a predictament to be in. My heart went out to this guy who is going through this situation in his late 60's.


Unfortunately, there are many like him. Even here in the states.


However, I think the utility rates should have gone up. It is one of the few feasible solutions. The govt needs the revenue. They were kept artificially low for decades....Many people were also pilfering their utilities.... Some in the lower income caserios just didn't bother to pay them. Period. That was abuse.


Governor Padilla has to make the difficult decisions and he's making them.

I'm glad he is doing them only a year into his term. He still has time to recover from the fallout until the next election. Let's see how it will pan out.

Marietta, GA

#3 Sep 30, 2013
Crime and corruption! Lets steal everything, untill..........

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Mortgage Discussions

Title Updated Last By Comments
News Nearly 40% Of Canadian Homeowners Struggle To P... Sat YouDirtyPeasants 5
News Beyond the Philadelphia Soda Tax Sat Three Psyche 2
News Q&A with John C. Williams, president and CEO of... (Oct '14) May 25 youness 12
News Maureen Dowd: Coddling of the Wall Street elite (Mar '09) May 24 Geezer Heimers 2
News 24 Charged In Pittsburgh-Area Mortgage Fraud; T... (Feb '08) May 22 Doc U R a Joke 427
News Hillary Clinton: Child care now costs more than... May 21 Three Days 1
News From Member of the Bar to Piano Bar: AIG's Russ... May 20 SINGER Hedge Para... 1
More from around the web