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MULTI-BILLION DOLLAR HEIST
OF U.S. TREASURY BY CASTRO

Business/Economy
By Jesus J. Chao
Multibillion-Dollar Heist of U.S. Treasury by Castro

Castro is coming close to obtaining his life long dream of having U.S. taxpayers granting him over 7 billion dollars annually as a non-deductible charitable donation. The American people should not allow themselves to be fooled by Castro’s lobby; this is what they mean by ending the U.S. commercial embargo, opening an unlimited credit account for buying in the U.S. without expectations of ever being repaid.

The Soviet Union that kept Castro in power is gone and so are the 6 billion dollars a year and over 150 billion dollars in military aid; and has almost exhausted the largesse of the Western countries including Japan, which willingly accepted to be defrauded by the Cuban tyrant of many billions of dollars of un-collectable debts, Castro is now counting on his strong lobby in the United States to end the embargo and open for him the doors to Fort Knox.

Castro’s debt to Spain is 11.2 billion dollars so far, and the Spanish pirates are being paid, in part, with American properties stolen by Castro and whose legitimate owners are U.S. citizens. Similar is the case with Cuba’s debts to Argentina, Japan, Canada, Brazil, Mexico, the Paris Club of European banks, and every other country that jumped in and risked shadowy dealings with an international outlaw, as is the case of the international promoted prostitution based tourism trade.

Before jumping into Cuba’s economic black hole, American investors and the American people should be aware that according to the 1995 country investment risk survey, made by the specialized magazine Euromoney, Cuba was rated in 183rd place out of 187 countries, ranking below Somalia. The Financial Times reported on June 30, 1995. “Why then, investors may ask, should they bother with Cuba in a world replete with opportunities and more welcoming governments?” The country’s investments situation have worsened considerably since 1995. Cuba’s per capita income went down from $364 in 1958 (fourth in Latin America according to the International Monetary Fund and with a strong currency on par with the dollar), to $48 year income and a worthless currency. What kind of return can the foreign investors expect?

“Useful idiots” in the U.S. Congress such as Jose Serrano, Charles Rangel, Sheila Jackson Lee and Senator Christopher Todd, among others, who strongly opposed president’s Bush tax relief for overburdening American taxpayers; are demanding, along with the unrelenting 42 year support of the radical left controlled media, the World Council of Churches and many other fellow travelers and communist front organizations, that the U.S. taxpayers bankroll Castro’s reign of terror.

The American people seem to have forgotten that President Kennedy instituted the embargo in February 1962, after Castro had seized billions of dollars of American assets. That was Castro’s first heist of the American treasure, now he is aiming to raid Fort Knox with the approval of the American people.