*** In a desperate financial gamble, Castro recently raided the $250 million set aside to pay hard currency debt to European, Latin American, and Asian countries for essential imports. Instead, he used it to buy US farm products for cash. He was apparently calculating that he could persuade the US Congress to enact legislation freeing up additional exports to Cuba, and approving a flood of tourists to Cuba. The ploy hasn't worked. Nor, given the crackdown on dissenters, does the outlook look good for improving US-Cuban ties. President Bush is threatening new punitive measures. *** Castro's $250 Million "Charm offensive" hasn't worked: It's same old cruel regime.
Friends of Fidel***Louisiana rice and Illinois wheat producers should not assume that selling to Havana is synonymous with getting paid. U.S taxpayers should be wary. Mr. Castro desperately needs credits and subsidies, and Washington is being pressured to provide them. If the United States begins to subsidize trade with Cuba estimated at $100 million a year five years from now, U.S. taxpayers could be holding, or paying off, a $500 million tab. That´s real money.
Before extending Mr. Castro credit, grain growers should visit any street corner in Manhattan and observe a game played there. Called three-card monte, it consists of convincing the player that he knows exactly where the card carrying his money is. Until it disappears. In this game, the gambler takes his own chances. Where trade with Mr. Castro is concerned, the U.S. taxpayer will be left holding the losing card. ***