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The hosts and sponsors of this Summit to herald Cuba as a prime investment partner will want to avert the eyes of attendees from a Miami Herald article that – by an interesting twist of fate – coincides with their Summit. "Many Foreign Investors Being Booted out of Cuba" reads this week's catchy headline.

Cuba is by all accounts the most beautiful island in the Caribbean. If they could get rid of Castro and the other thieves, they would have more investors than they knew what to do with.

1 posted on 06/10/2005 1:35:45 PM PDT by wagglebee
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To: wagglebee

There's a sucker born every minute.


2 posted on 06/10/2005 1:36:48 PM PDT by thoughtomator (The U.S. Constitution poses no serious threat to our form of government)
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To: wagglebee
"What I can't accept," wailed another European businessman," is simply being booted out of here with no solid guarantee I will ever get my money back!"

What a dolt.

3 posted on 06/10/2005 1:40:14 PM PDT by T. Buzzard Trueblood ("I'm not very dignified." - Howard Dean)
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To: wagglebee

I hope every second member of the audience is an= US intelligence agent. This conference sounds like fertile ground to pick up some of Castro's stringers, as well as hate America first leftists.


4 posted on 06/10/2005 1:48:56 PM PDT by Truth29
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To: wagglebee

You should know something about Spring Hill. That college works lock-step with whatever the city establishment (which is somewhat conservative) wants. It's been that way since the beginning.

The reason the Mobile business community seems so enthralled with these Cuba things is simple. When Cuba is reopened, by default, they are going to become our biggest trading partner. Not to mention, it would probably prompt the city fathers to seriously consider an international airport.

Look at the former Soviet Union, how many former Communist officials now hold positions of power or prestige in the new capitalist Russia..........

Essentially, much of the same is going to happen when Castro dies. The regime is Castro, I give it at most, 2 years after he dies.

But alot of those mid-level guys, they will have a position of influence in the new Cuba, and that's who the city fathers are trying to reach out to. All these mid-level officials who will have clout in post-Communist Cuba.

Right now, we are trying to shift back to trade based economy, as opposed to the industry based economy that has predominated since WWII.

Also, by having such an event like this in Mobile, quite frankly, increases the chances that more conventions (of whatever stripe) will come to town, and that could be useful in recruiting businesses here.


5 posted on 06/10/2005 1:49:36 PM PDT by AzaleaCity5691 (Farragut got lucky, if we had been on our game, we would have blasted him off Dauphin Island)
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To: wagglebee
In 1960 Castro stole almost $2 billion from U.S. businessmen and stockholders; 5,911 businesses were stolen – lock, stock and barrel – from their hard-working, capital-risking, rightful owners at gunpoint. This was (and remains) the biggest such heist in history.

Just wait until China "nationalizes" the thousands of factories that were built with foreign capital. It will easily be 100 times as much.

6 posted on 06/10/2005 1:50:44 PM PDT by Blood of Tyrants (G-d is not a Republican. But Satan is definitely a Democrat.)
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To: wagglebee

Yes, bu the very first thin Castro did was go door to door and confiscate the guns.


7 posted on 06/10/2005 1:51:43 PM PDT by Blood of Tyrants (G-d is not a Republican. But Satan is definitely a Democrat.)
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To: wagglebee

I cannot wait for this pig Castro to die. I swear that before the end of my life, I will piss on his grave.


8 posted on 06/10/2005 2:01:48 PM PDT by WildHorseCrash
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To: wagglebee

GET IN LINE, SUCKERS!!!

I. CUBA: HARD CURRENCY DEBT* (Dec. 2004)

CREDITORS BY COUNTRY DEBT (in US$)
Japan (1) $2.331 billion
Argentina (2) $1.967 billion
Spain (3) $1.765 billion
France (4) $1.316 billion
Venezuela (5) $992 million
China (6) $682 million
Mexico (7) $480 million
Italy (8) $447 million
United Kingdom (9) $371 million
Germany (10) $317 million
Netherlands (11) $295 million
Russia [post-Soviet era debts] (12) $235 million
Czech Republic (13) $226 million
Belgium (14) $221 million
Panama (15) $200 million
Canada (16) $90 million
Austria (17) $79 million
Brazil (18) $40 million
Trinidad & Tobago (19) $30 million
Uruguay (20) $30 million
Sweden (21) $22 million
Undisclosed Foreign Financing (22) $258 million
Other Historic Debt (23) $893 million (est.)
*On the basis of Nov. 2004 exchange rates and rounded to the nearest million.
TOTAL $13.288 billion (est.)



II. CUBA: NON-CONVERTIBLE DEBT (2004 Est.)

CREDITOR GOVERNMENTS DEBT (in Transferable Rubles)
Russia [Soviet-era debt] (24) 20.848 billion
Romania (25) 951 million
Hungary (26) 200 million
Poland (27) 70 million
TOTAL 22.069 billion


9 posted on 06/10/2005 2:05:16 PM PDT by FormerACLUmember (Honoring Saint Jude's assistance every day.)
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To: wagglebee
Yep. (sigh) Should have annexed Cuba after the Spanish-American War. That would mean no Castro, no political prisoners, and no gulags. Just McDonald's, Old Navy, Target, Barnes & Noble, etc.

Come to think of it, we should have annexed Mexico after the Mexican-American War. But that's another thread.

Hindsight = 20/20

10 posted on 06/10/2005 2:53:29 PM PDT by FierceDraka (The Democratic Party - Aiding and Abetting The Enemies of America Since 1968)
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To: wagglebee; Tailgunner Joe

I am convinced that among most of my peers in the business community, there is a genetic inability to comprehend the various manifestations of and variations on the theme of Lenin's NEP. As a guy a few posts back remarked, there's a sucker born every minute.


14 posted on 06/10/2005 3:25:53 PM PDT by GOP_1900AD (Stomping on "PC," destroying the Left, and smoking out faux "conservatives" - Take Back The GOP!)
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