Same Old, Same Old [Cuba]

[Luis Gonzalez]

What embargo did Obama "extend"?

There is no embargo.

[Luis Gonzalez]

What embargo did Obama "extend"?

There is no embargo.

next time you travel, I suggest telling customs that you have a bunch of cuban cigars in your backpack, just to measure their reaction

Is that the measure of an embargo?

Until very recently, I couldn't bring any aki from Jamaica into the US...do we embargo them too?

We sold Cuba nearly a billion dollars in goods last year...what kind of embargo is that?

[Luis Gonzalez]

okay

The REAL goal here is to grant Cuba credit. Right now all purchases must be paid for in cash.

Cuba is one of, if not the worst credit risk in the world. If the US agrees to allow it to buy goods on credit, thise sales are guaranteed by the Ex-Im Banks Export Credit Insurance, meaning that the US taxpayer will shoulder Cuba's debt when they do what they have always done, and not pay their bills.