Tag Archives: waste

Federal government pays people $1050 to destroy generator, cement mixer, backhoe, icebox, washer/dryer combo unit and trolleybuses. Why not sell them instead?

https://www.justice.gov/usao-pr/pr/three-individuals-indicted-and-arrested-lying-agency-united-states-and-embezzlement Why is the federal government paying people $1050 to destroy a “generator, cement mixer, backhoe, icebox, washer/dryer combo unit and trolleybuses?” Why not sell them instead?  Doesn’t seem like smart government to pay for the destruction of property that … Continue reading

Posted in corruption, crime | Tagged , , , , , , , , , , , | Leave a comment

Misuse of funds by Puerto Rico government officials undermines public mission – corruption, fraud

https://www.elnuevodia.com/english/english/nota/misuseoffundsunderminespublicmission-2537380 Misuse of funds undermines public mission If anything dramatizes the reasons why Puerto Rico is bankrupt and is under the federal government’s distrust, it is that municipal government have misused multi-million dollar funds on unnecessary, incomplete or ill-conceived projects. … Continue reading

Posted in corruption, culture and cycle of dependency, economic crisis | Tagged , , , , , , , , , , , , , , , , | Leave a comment

$3,700 Generators and $666 Sinks: FEMA Contractors Charged Steep Markups on Puerto Rico Repairs

  Sounds like 80% of the FEMA funds were wasted.  Wouldn’t the money have been far more effectively spent in direct payments to the victims, with a mechanism restricting those checks payable only for home repairs?  The widespread culture of … Continue reading

Posted in corruption, incompetence and mismanagement | Tagged , , , , , , , , , , , , , , , , , , , , , | Leave a comment

How much does each mayor earn in Puerto Rico?

https://www.metro.pr/pr/noticias/2018/11/16/cuanto-gana-alcalde-puerto-rico.html How much does each mayor earn in Puerto Rico? None of the salaries is equal to or less than the average income of its constituents By Metro Puerto Rico Friday, November 16, 2018, at 17:18 The Censal Information Center … Continue reading

Posted in incompetence and mismanagement | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

Puerto Rican college student illustrates why the Fiscal Oversight Board is necessary to rein in corruption and mismanagement in PR government

https://yaledailynews.com/blog/2018/11/16/wolpert-gaztambide-integrating-puerto-rico WOLPERT GAZTAMBIDE: Integrating Puerto Rico Christian Wolpert Gaztambide 1:44 am, Nov 16, 2018 Guest Columnist In the wake of Hurricane Maria, various campus organizations have mobilized against Yale’s holdings in mutual funds that hold Puerto Rican bonds. While I … Continue reading

Posted in corruption, economic crisis, incompetence and mismanagement | Tagged , , , , , , , , , , , | Leave a comment

20,000 pallets of bottled water, received from FEMA, wasted after Hurricane Maria

$300,000 was being paid PER DAY to store pallets of bottled water instead of giving it out after Maria, but later it was deemed stale and thus waste?  This is another example of the failed response in Puerto Rico.  20,000 pallets of … Continue reading

Posted in corruption, culture and cycle of dependency, Hurricane Maria and after effects, incompetence and mismanagement | Tagged , , , , , , , , , , , , , | Leave a comment