The U.S. Cuba embargo has worked like a charm

Times247.com

Few U.S. foreign policy measures in recent history have been as phenomenally successful as our limited sanctions against the Stalinist Robber-Barons who run Cuba.

Fidel Castro and Soviet leader Nikita Khrushchev in 1962. / AP

First off, for three decades the Soviet Union was forced to pump the equivalent of almost ten Marshall Plans into Cuba. This cannot have helped the Soviet Union’s precarious solvency or lengthened her life span. Secondly, the U.S. taxpayer has been spared the fleecing visited upon many others who reside in nations who eschew “embargoing” Cuba. To wit:

The U.S. has transacted almost $4 BILLION in trade with Cuba over the past decade. Up until two years ago, the U.S. served as Stalinist Cuba’s biggest food supplier and fifth biggest import partner. We’ve fallen a few notches recently, but we’re still in the top half.

Nowadays the so-called U.S. embargo mostly stipulates that the Castro regime pay cash up front through a third–party bank for all U.S. medical and agricultural products; no Ex-Im (U.S. taxpayer) financing of such sales. Enacted by the Bush team in 2001 this cash-up-front policy has kept the U.S. taxpayer among the few spared fleecing by Castro.

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