Happy Birthday to ME!!
Before I go on about ME, I'll repeat Myself: If you are not listening to Keith Olbermann, you are missing out on the single truly courageous voice in the U.S.'s mainstream MEdia. Click here for an exceptional example of letting Truth be known.
Now, about ME.
My Thanks to Janine-MEndes Franco for picking up another one of My posts for Global Voices Online (and apologies for slightly altering your naME...)
I MEntioned several posts ago that Puerto Rico ranked 130th of 131 countries in the Global Competitiveness Report in category 01.08 "Burden of GovernMEnt Regulations." I snarkily tossed out that Hell was country number 131.
I was close: It's Venezuela, a country where the governMEnt is doing everything it can to take over every business in the nation. Only THAT country ranks worse than Us on how intrusive, infuriating, ineffective, inefficient and idiotic its governMEnt is.
Then there's this report, called the Doing Business Economy Rankings. Here We rank 28th...behind Mauritius. (Yes, I linked to it so you'll know where it is. I already knew, thank you.) Please note that in the category of "Dealing with Licenses," Puerto Rico ranked 135th of 178 countries analyzed. Who ranks below Us? Countries in frank chaos, those led by thug-based dictatorships or in the midst of civil wars.
Then add a recent banking "summit" where that industry called on the local governMEnt to reduce its size and reach in order to improve the economy. Uh-huh. And what does all this have to do with ME? I've been saying these same things for over 15 years. It's tiME soMEone MEntioned that and I just did.
While We're scoping about banks, Banco Popular announced a "restructuring" of eLoan. Funny how the entire article and subsequent follow-up pieces never ever MEntioned offering eLoan services for competitive loan and mortgage rates in Puerto Rico. Again, quoting ME, Banco Popular is one of the four huge obstacles We have for growth in Puerto Rico. Watch them slice-and-dice with eLoan stateside and leave its honeypot local status utterly untouched. You'll reMEmber ME when they announce their success "over there."
Another ME moMEnt: The Fools have dropped capital gains taxes. You might recall I suggested exactly that a couple of weeks ago... I know they did this good thing without My expertise, so a half-hearted woo-hoo goes out to them. The MEdia covered it as a "break for the rich," but they miss the point: Too much money tied up in properties slows down the economy, especially when overburdened by a hefty consuMEr tax. An economy is based on value exchanges: If less gets exchanged, the economy slows down. It's quite simple, really.
And how bad is the sales tax smacking the jellyfish governor? An editorial cartoon has him drowning with a huge ball and chain attached to his ankle labeled "Sales Tax." Simple, direct and months after ME.
On the subject of raising police salaries and "no money," I MEntioned that there was money, but only for high-paid sycophants, human vegetables and idiots expanding the public payrolls. One such highly-paid sycophantic vegetable idiot actually billed 275 hours of work, at $140 an hour...with all the work done in a 20-day period. That's right, this hard-working example of thievery on the public payroll averaged almost 14 hours of work per day--in December! His monthly bill of $36,575 would have almost paid a year's salary for 2 full-time police officers.
Like I said, there's money and then there's money.
Oh, and one final note about ME: This idiot's billing happened in the last full month of what governor's term? Hint: "I knew nothing, I didn't participate in any way, but I was on top of everything in my administrations." Yes, folks, in another nod to ME and My insights, please say hello to the one, the only Pedro Stupid Rosselló!
Thank you! Good night, Mauritius!
The Jenius Has Spoken.