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To: Cincinatus' Wife
The embargo means no credit for goods. Cash and carry only.
Anybody advocating credits should put up their own assets for collateral first.
14 posted on 04/08/2002 11:21:32 AM PDT by Semper Paratus
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To: Semper Paratus
Anybody advocating credits should put up their own assets for collateral first.

And not stick the consumer with higher costs to make up their losses.

18 posted on 04/08/2002 11:25:58 AM PDT by Cincinatus' Wife
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To: Semper Paratus
"Anybody advocating credits should put up their own assets for collateral first."

But even there, others have prior legal claims on those assets, ie. the Cuban expats and foreign investors whose property was unlawfully confiscated by Castro, to say nothing of the long defaulted loans from the Russians. Without "new management" in Cuba, that country can't even make the ante to be dealt a hand.

22 posted on 04/08/2002 12:02:21 PM PDT by Bonaparte
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