Monday, January 5, 2015
Castro’s ‘Cash-Only’ Deal with U.S. Soon to Change?
A Cuban-born anti-communist activist is concerned that normal relations with Cuba may lead to the U.S. extending credit to the cash-strapped nation, allowing the Castro regime to “stick it” to American taxpayers.
(One News Now) – Barack Obama’s decision last month to normalize diplomatic relations with the Castro regime has angered many in the Cuban-American community, including Florida senator and possible 2016 presidential aspirant Marco Rubio. “This president is the single worst negotiator we have had in the White House in my lifetime,” Rubio told Roll Callfollowing the president’s announcement. “[He] has basically given the Cuban government everything it asked for ….”
The Republican lawmaker added: “This Congress is not going to lift the [trading] embargo [on Cuba].”
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Humberto Fontova, who fled Cuba in 1961, is author of several books on the regime. Fontova says in spite of the embargo, the United States is already one of Cuba’s top trading partners.
“The only thing that the embargo has stipulated is that Castro has to pay cash up front before we deliver the agricultural goods,” he explains. “That has been a phenomenally successful policy because it has kept the U.S. taxpayer among the few in the world not taken to the cleaners by Castro.”
But Fontova says now it looks like that provision is going to change, making the U.S. relationship like other nations that trade with Cuba.
“They stuck it to the tune of several tens of millions to Canadian taxpayers [and] the Canadian taxpayer made good on it,” he describes. “Mexican taxpayers have made good on it, South African taxpayers, French – everybody. We have been the only one blessedly free of being rooked by Castro; and now it looks like that will probably change.”
Congressional approval is required for the embargo on Cuba to be lifted. With Republicans now holding a majority in both chambers, Fontova admits he’s “not completely pessimistic” that the embargo will be lifted.