One more step in the right direction: Cuba

Even though it was a Democrat (Kennedy) who put in the Cuban Embargo Act, it has been a Republican supported issue. The embargo is not gone but President Obama has taken a step into the right direction. He has lifted restrictions of travel. This from the Financial Times:

“President Barack Obama on Monday took a big step towards relaxing sanctions on Cuba, lifting all travel and remittance restrictions on Cuban-Americans and permitting US telecoms companies to offer services directly to the island.

The end of the restrictions, which Mr Obama promised during his campaign, means Cuban-Americans will be able to travel to the island state when they like, as opposed to once a year, and send as much money as they want to relatives, as opposed to $75 a month. Mr Obama also said he would permit Cuban-Americans to pay for US-provided telecoms services to relatives living in Cuba.

“Clearly, the Obama administration is re-examining US policy towards Cuba,” said Peter DeSchavo, analyst at the Centre for Strategic International Studies. “It would be an understatement to say that the embargo has not achieved what it was supposed to achieve.”

It is good that we are finally recognizing that it is free trade and not embargos that actually further freedom and liberty. Trade restrictions have done nothing but give Castro a reason to blame us for their economic woes. This blog hopes that even though Obama believes that Socialism is the best course for us that he will recognize trade is the best course for them (to become less socialist).

The rest is here.

~PCCapitalist

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