Puerto Rico has been fatally mismanaged for years by corrupt bureaucrats. They literally drove the electrical company into the arms of the vulture investors on Wall Street and the rest was predictable.
Now, the people are finally coming to their senses and heads are starting to roll. The FBI just arrested some top aides of the Governor which caused people to take to the streets and demand the governor resign.
He refused but just caved and one wonders if the San Juan Mayor is next.
From The Miami Herald:
Puerto Rico Gov. Ricardo Rosselló announced late Wednesday evening that he is resigning from office effective Aug. 2, buckling to the unrelenting pressure of a popular uprising of unprecedented scope that in less than two weeks has turned this long-suffering U.S. territory upside down.
Rosselló was swept from office not three years into his term by 12 days of massive protests and political upheaval triggered by a leaked, profanely insolent phone-app chat and the arrest of six current and former administration officials on corruption charges.
But the recent scandals were only the bitter capper to years of mounting frustration on the part of Puerto Ricans, faced with widespread and incessant corruption, a lagging government response to a cataclysmic hurricane, and a deep economic recession with no end in sight.
In the end, after days of strident insistence that he would serve out his term, Rosselló went quietly — announcing his decision in a live stream on his administration’s Facebook page — at the end of a speech long on his government’s accomplishments.
“Despite having the support of the people who elected me democratically, I now feel that continuing in this position will make it difficult for the success achieved so far to last,” Rosselló said.
“Today, I’m announcing I will be resigning from the governor position effective Friday, August 2, 2019 at 5 p.m.”