Daniel writes:
Dano wrote:
Cuba has lots of qualified and highly trained workers, but no foreign investment to build the kinds of facilities that might employ them.
Only the United States embargoes Cuba. The rest of the world, from Azerbaijan to Zimbabwe (German, China, Russia, France, Spain, Brazil, Canada, Mexico, Argentina, Iran -you get the picture) is free to trade and invest in Cuba, but why don’t they? Answer that question, please?
OK, I’ll answer. No foreign investor in his right mind will invest in Cuba because sooner or later the Castro brothers will steal that investment. The irony is the US embargo is the greatest gift to the Castro brothers. Who would they blame without it. Get rid of the embargo and there are no more excuses, but the US is to stupid to figure this out.
None of this is true. The embargo says that any corporation that invests in Cuba cannot invest in the US. Anyone investing in Cuba cannot use anything that has any US parts or tech or material in it, otherwise it violates the embargo. Banks that do business with Cuba are violating the embargo and cannot do business with the US. Even ships that dock in Cuba are forbidden to dock in the US for a long time afterwards. The US pursues actions against many foreign corporations and banks that violate the embargo and regularly wins huge injunctions against them.
The Castro brothers will not steal any foreign corporation or nation’s legitimate investment in the island. They have no confiscated foreign property since US corporate property was confiscated (and rightly so!) at the very start of the revolution.
This is just crazy gusano* rhetoric. None of this is true – it’s nothing but lies.
*Gusanos is the Cuban word for the Cuban exiles in Florida. Gusano means worm in Spanish.