To: Cowboy Bob
The US will loan Cuba the money to buy US equipment. When Cuba is unable to repay the loan, the US government will forgive it. (US taxpayers will pay US manufacturers for equipment that they give to Cuba).Ding, Ding, Ding... give the man a Cuban cigar, we have a winner. {The taxpayers will pay for the cigar.}
18 posted on
12/19/2014 7:03:13 AM PST by
USS Alaska
(Exterminate the terrorist savages, everywhere.)
To: USS Alaska; Cowboy Bob
I would think the process will involve the Overseas Private Investment Corp.
Companies take out OPIC insurance that becomes collateral for loans from American Banks. OPIC pays the banks in the event that the transaction goes bad and payment is not received from the foreign customer.
20 posted on
12/19/2014 7:08:36 AM PST by
bert
((K.E.; N.P.; GOPc.;+12, 73, ..... Obama is public enemy #1)
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