Well if the Corporation wants to be stupid, that’s fine with me.
But don’t come asking me to bail them out, when the Cubans Nationalize the factory.
IBTZ
Respectfully, I believe that it is more likely that the employees will still be state employees on loan to the manufacturer, with the lion’s share of the profits going to the state.
I hope I’m wrong
So where are these tractors going to go? Back to the USA? or stay in Cuber?
You what would be really nice?
AN AMERICAN COMPANY OPENING A FACTORY IN AMERICA.
Exporting more jobs
How about building the tractors here and EXPORTING them to Cuba.
The FAIL is strong with this one.
Why are we doing this now?? Have we ever resolved the issue of the billions of dollars worth of American properties in Cuba siezed by the communists after the revolution? What exactly is the legal status of foreign owned or operated businesses in Cuba?? What if this company loses its shirt? Bailout by obama??
ML/NJ
Export all of our jobs, then who will they TAX????
This is sheer brilliance.
Ready made jobs for Cruz and Rubio after their failed presidential bid.
If it's such a good thing, why would the communist Castro government welcome it?
The company will not be allowed to hire Cubans. They will pay the Cuban government and they will supply Cubans.
The government will pay the workers or not as they please.
You should know this.
Now that you do please tell me again what a great idea this is.
This will only be a pay out to the Castro regime. They need cash. There are only so many European tourists to keep the island afloat (Maybe Hank Johnson will let us know if it will tip over). Venezuela is in the toilet and can’t support Cuba. But Obama will. If this benefited the average Cuban Obama would not allow this.
"I think it's fine. I think it's fine, but we should have made a better deal," Trump added. " The concept of opening with Cuba is fine."
http://www.cnn.com/2015/09/08/politics/donald-trump-cuba-diplomatic-opening/index.html
________________________________________
meanwhile...
RIO DE JANEIRO, Brazil -- Russia's push into Ukraine has put many on edge. But less known is that Russia is also strengthening its military links south of the Rio Grande and re-establishing itself as a power in the region.
Vladimir Putin has been strengthening military links here, and Russia is now the largest arms dealer to governments in Latin America, surpassing the United States.
Russia has even floated the possibility of building new military bases in Cuba, Venezuela and Nicaragua, and putting its warships permanently in the Caribbean.
In the midst of the Ukraine crisis, Russia's top diplomat Sergei Lavrov recently visited Cuba, Peru, Chile, and Nicaragua, where he announced that Russia would also pour money into the new Central American canal project. ..."
http://www.globalpost.com/dispatch/news/regions/americas/140508/russian-arms-military-trade-latin-america
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BY: Bill Gertz
February 20, 2015
Russia agreed to provide military training for three leftist regimes in Latin America and increase military visits and exercises following a visit last week to the region by Moscow's Defense Minister Sergei Shoygu, Pentagon officials said.
Shoygu met with defense and military leaders in Cuba, Venezuela, and Nicaragua and signed several agreements on warship visits and military training during the visit, which ran from Feb. 11 to 14. It is not clear whether any new arms deals were completed during the visit.
Defense officials said the Russian leader is seeking bases in the region for strategic bomber flights that Shoygu recently promised would include flights over the Gulf of Mexico and Caribbean.
http://freebeacon.com/national-security/russia-boosts-arms-training-for-leftist-latin-militaries/
I was not opposed to opening up relations with Cuba, but we should have gotten something in return-like free elections.
Open a factory in a communist country where all the means of production are under control of the collectivity?
dumb idea.
BullCrap. Some years back, Green Giant moved one of their CA canning plants down to Mexico. After about a year, the Merxicans were going out on strike. It seems that GG worked them for 11 months of the year, then let them off. After a month they started rehiring - this way they didn't have to pay the Mexicans even the pathetic minimum wage, since that was for full time workers, and these GG employees were considered "seasonal".
Lotta unhappy folks and I wrote GG saying I would no longer buy their products as I didn't know if their pist off workers were spitting in the cans or not.
Never got an answer - and I haven't bought any GG products since.