Tuesday, April 26, 2011

Emilio González Márquez well on his way to bankrupt Jalisco

The drunkard and foul-mouthed governor of Jalisco, Emilio González Márquez, is well on his way to bankrupting  the state of Jalisco. According to Milenio, which cites a report to the state congress, the state's debt has quadrupled to nearly 15 billion pesos - all in barely four years of "governing" the state.

I'll let the article speak for itself:
"The growth in liabilities of the state has not come solely from the procurement of new loans, but also for renegotiations of debts inherited by the governor, where he has favored the payment of interest, which means a growing burden on the state's finances, currently amounting to 1.9 billion pesos annually. To that amount must be added the 1.5 billion pesos more authorized by the congress for security purposes, and, the case it will be authorized, 5.612 billion more pesos which the governor has asked for, for various projects"
I do not think the end of González Márquez' government will be a happy one.

No comments:

Post a Comment