P.Rico's goverment runs out of money (Agreement Reached)

Chat about anything and everything... (well almost anything) Whether it be the front porch or the pot belly stove or news of interest or a topic of your liking, this is the place to post it.

Moderator: S2k Moderators

Message
Author
User avatar
cycloneye
Admin
Admin
Posts: 146057
Age: 69
Joined: Thu Oct 10, 2002 10:54 am
Location: San Juan, Puerto Rico

P.Rico's goverment runs out of money (Agreement Reached)

#1 Postby cycloneye » Mon May 01, 2006 4:39 pm

Financial crisis in Puerto Rico

:uarrow: :uarrow: :uarrow: :uarrow:

The situation here is very tumultus with many protests going on and many people without jobs.Also all public schools are closed.I hope that all is resolved in the next few hours or days.
Last edited by cycloneye on Thu May 11, 2006 9:02 am, edited 2 times in total.
0 likes   

User avatar
SouthFloridawx
S2K Supporter
S2K Supporter
Posts: 8346
Age: 46
Joined: Tue Jul 26, 2005 1:16 am
Location: Sarasota, FL
Contact:

#2 Postby SouthFloridawx » Mon May 01, 2006 4:41 pm

Luis a thread like this was already posted here...

http://www.storm2k.org/phpbb2/viewtopic.php?t=83914
0 likes   

Janice
Category 5
Category 5
Posts: 4564
Joined: Wed Oct 09, 2002 6:14 pm
Location: Puerto Rico
Contact:

#3 Postby Janice » Mon May 01, 2006 4:41 pm

Here in Puerto Rico, we will be fine. We are tough down here and everything will work out fine. This is just a case of spending more than we had in the coffers. We will be just fine.

We had trash pickup today. Our courthouse here in Dorado was open all day, people coming and going. Not all towns are broke. I think our town still has money to pay salaries. I called my husband and he said the university was going strong. I think people knew it was coming and they plan ahead just like a cane coming. It won't last long. My husband and all his students who work for him will be paid all summer, they are paid thru Federal grants and my husband has all that money in his account. This is all politics, no winners cause all sides want their way, just like in the US.

We cannot complain. We are still 100 per cent better off than those cities and states that got trashed by Katrina. We still have our homes and jobs. Some may just have to wait a bit to get that next paycheck.
0 likes   

Janice
Category 5
Category 5
Posts: 4564
Joined: Wed Oct 09, 2002 6:14 pm
Location: Puerto Rico
Contact:

#4 Postby Janice » Mon May 01, 2006 4:44 pm

Cycloneye, I am sure they will resolve it soon.
0 likes   

User avatar
cycloneye
Admin
Admin
Posts: 146057
Age: 69
Joined: Thu Oct 10, 2002 10:54 am
Location: San Juan, Puerto Rico

#5 Postby cycloneye » Mon May 01, 2006 5:25 pm

Well Janice I dont want to talk about politics here as storm2k does not allow that.However that has to do in a good part with what is going on here.The best hope is that they talk and resolve this crisis as soon as possible because as more time goes by Puerto Rico sinks like the Titanic.Also Puerto Rico may suffer greatly if this crisis goes for many days because the tourism industry will go down.
0 likes   
Visit the Caribbean-Central America Weather Thread where you can find at first post web cams,radars
and observations from Caribbean basin members Click Here

Janice
Category 5
Category 5
Posts: 4564
Joined: Wed Oct 09, 2002 6:14 pm
Location: Puerto Rico
Contact:

#6 Postby Janice » Mon May 01, 2006 5:31 pm

Yes, I agree with you 100 percent. They have to get this settled fast. I am sure they know it, so I hope it happens soon.

I am trying to keep a positive attitude towards this. Hope they get it solved this week.

People have house payments, car payments, insurance payments and food.

You are right, it could get ugly, but I am going to stay positive.
0 likes   

User avatar
Stephanie
S2K Supporter
S2K Supporter
Posts: 23843
Age: 63
Joined: Thu Feb 06, 2003 9:53 am
Location: Glassboro, NJ

#7 Postby Stephanie » Mon May 01, 2006 6:41 pm

I saw that on my homepage. I do hope that they get it resolved fast. NO GOVERNMENT should allow that to happen.
0 likes   

User avatar
george_r_1961
S2K Supporter
S2K Supporter
Posts: 3171
Age: 64
Joined: Sat Oct 12, 2002 9:14 pm
Location: Carbondale, Pennsylvania

#8 Postby george_r_1961 » Mon May 01, 2006 7:18 pm

Stephanie wrote:I saw that on my homepage. I do hope that they get it resolved fast. NO GOVERNMENT should allow that to happen.


Agreed 100% This should have TOP priority down there.
0 likes   

User avatar
cycloneye
Admin
Admin
Posts: 146057
Age: 69
Joined: Thu Oct 10, 2002 10:54 am
Location: San Juan, Puerto Rico

#9 Postby cycloneye » Tue May 02, 2006 6:55 am

Well nothing new to report this morning as the situation is the same.More meetings are on tap today to try to resolve the crisis.
0 likes   
Visit the Caribbean-Central America Weather Thread where you can find at first post web cams,radars
and observations from Caribbean basin members Click Here

User avatar
Stephanie
S2K Supporter
S2K Supporter
Posts: 23843
Age: 63
Joined: Thu Feb 06, 2003 9:53 am
Location: Glassboro, NJ

#10 Postby Stephanie » Tue May 02, 2006 11:38 am

I hope that they can get it resolved today Luis.
0 likes   

User avatar
cycloneye
Admin
Admin
Posts: 146057
Age: 69
Joined: Thu Oct 10, 2002 10:54 am
Location: San Juan, Puerto Rico

#11 Postby cycloneye » Tue May 02, 2006 5:43 pm

Sadly the news has not been good today to resolve the crisis.There was a meeting between the Governor and the Speaker of the house to try to resolve the impasse but no progress was made and the shutdown continues.
0 likes   
Visit the Caribbean-Central America Weather Thread where you can find at first post web cams,radars
and observations from Caribbean basin members Click Here

Janice
Category 5
Category 5
Posts: 4564
Joined: Wed Oct 09, 2002 6:14 pm
Location: Puerto Rico
Contact:

#12 Postby Janice » Tue May 02, 2006 5:56 pm

Yes, it was not good news today, but maybe tomorrow will be a better day.

SAN JUAN (EFE) – Gov. Aníbal Acevedo Vilá left the meeting with House Speaker José Aponte abruptly after the legislative leader allegedly offered the governor a handkerchief to dry his tears.

Following the brief meeting, Acevedo Vilá told reporters that Aponte had offered to hand him a handkerchief after seeing the somber look on his face.

The governor deemed Aponte’s comment an insult and a sign of disrespect towards the more than 95,000 Puerto Ricans who are out on the street as a result of the current fiscal crisis that led to the partial closing of local government agencies.

Acevedo Vilá said the failed conversation was another one of his attempts at finding a solution the crisis.

Aponte, on the other hand, accused the governor of lying.

According to Aponte, Acevedo Vilá asked him if he was happy about what had happened. “The governor deliberately misunderstood me in order to use it to his advantage,” he said.

In the meeting scheduled for 5 p.m., they were expected to discuss Bill 2577, which imposes an extraordinary tax on the corporations and societies that have generated a gross income of over $10 million.

The measure is in the Senate and will be returned to the Treasury Committee for amendments.
0 likes   

User avatar
cycloneye
Admin
Admin
Posts: 146057
Age: 69
Joined: Thu Oct 10, 2002 10:54 am
Location: San Juan, Puerto Rico

#13 Postby cycloneye » Wed May 03, 2006 8:44 am

Third day of the Finnancial crisis at the goverment and no progress has been made.There is talk by the unions of a general strike in the next few days.Also Standard and Poors and Moodys haved said this morning that the credit for Puerto Rico will be downgraded to F if this continues.
0 likes   
Visit the Caribbean-Central America Weather Thread where you can find at first post web cams,radars
and observations from Caribbean basin members Click Here

Janice
Category 5
Category 5
Posts: 4564
Joined: Wed Oct 09, 2002 6:14 pm
Location: Puerto Rico
Contact:

#14 Postby Janice » Wed May 03, 2006 9:28 am

Well, they are still trying. Maybe one of these meetings will finally put an end to all of this....

SAN JUAN (EFE) – House Speaker José Aponte Hernández said he is willing to meet with Gov. Aníbal Acevedo Vilá after their Tuesday night meeting ended abruptly.

Aponte Hernández, who said he believes in control, dialogue, and moderation, announced that he plans to appoint a task force Wednesday to study the measures that could help solve the government budget crisis.

"Fellow legislator (Héctor) Ferrer Ríos and I have continued our dialogue in order to keep communication on an even keel, regardless of what might have happened in previous days, including [last night],” Aponte Hernández said.

He noted that their legislative duty should be more important that any other incident that might take place along the way.

The House speaker asked Ferrer to tell the governor that the doors of parliament remain open for whenever he feels ready to sit down and talk.
0 likes   

User avatar
furluvcats
Category 5
Category 5
Posts: 1900
Joined: Sat Mar 01, 2003 12:02 am
Location: Temecula, California
Contact:

#15 Postby furluvcats » Wed May 03, 2006 10:56 am

Watching this unfold on the news...sure hope you guys get a quick fix there....thinkin of ya...
0 likes   

Matt-hurricanewatcher

#16 Postby Matt-hurricanewatcher » Wed May 03, 2006 11:07 am

Is this like the great depression for Puerto Rico?
0 likes   

Janice
Category 5
Category 5
Posts: 4564
Joined: Wed Oct 09, 2002 6:14 pm
Location: Puerto Rico
Contact:

#17 Postby Janice » Wed May 03, 2006 1:20 pm

Not yet..... :roll:
0 likes   

kevin

#18 Postby kevin » Wed May 03, 2006 3:41 pm

Time to grant them independence. Don't want to pay for bailing them out.
0 likes   

Janice
Category 5
Category 5
Posts: 4564
Joined: Wed Oct 09, 2002 6:14 pm
Location: Puerto Rico
Contact:

#19 Postby Janice » Wed May 03, 2006 4:00 pm

Hey, be nice. You have your problems in the US too.
0 likes   

User avatar
cycloneye
Admin
Admin
Posts: 146057
Age: 69
Joined: Thu Oct 10, 2002 10:54 am
Location: San Juan, Puerto Rico

#20 Postby cycloneye » Wed May 03, 2006 4:20 pm

The latest is that the Governor has gone to the Capitol for meetings with all the parties involved.I hope that this meeting resolve this.If not then we can expect a general strike in the comming days.But let's see first what will occur this evening and hopefully the crisis is resolved.
0 likes   
Visit the Caribbean-Central America Weather Thread where you can find at first post web cams,radars
and observations from Caribbean basin members Click Here


Return to “Off Topic”

Who is online

Users browsing this forum: No registered users and 5 guests