Hope this didn’t affect the GHS Band’s jaunt on the island

 

Hate to burst your balloon ...

Hate to burst your balloon …

Condom shortage in Cuba. I thought this snippet said a lot about life in a communist country and who rules it:

Cuba’s state-run national centre for sex education, run by president Raul Castro’s daughter, Mariela, has ordered dwindling supplies to be targeted at the towns which need them most, reports The Guardian.

 

 

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17 responses to “Hope this didn’t affect the GHS Band’s jaunt on the island

  1. Riverside

    Not related to Condoms or Cuba, but I did hear from a reliable source that the buyer of Copper Beach was Bridgewater/ Ray Dalio.

    Very reliable.

    Makes you wonder whether these’s a chance that Bruce Park may yet become a waterfront park. That would be amazing.

    • I keep hearing that it’s Ray Dalio but I can’t imagine a person as successful as Mr. Dalio is at trading paying 2X a property’s value. Anything’s possible, but why would he?

  2. Riverside

    I heard maybe he (Bridgewater) bought the $120 M debt, at a steep discount, and then accepted the property as satisfaction for the $120M debt.

  3. Riverside

    That would actually be very consistent with what a successful trader would do. Buy a distressed asset (the debt) and thereafter take control of the underlying asset/ collateral. The transfer taxes would probably be calculated on the “value” of the deal – face value of the debt ($120M), once the collateral is transferred. Not sure of the tax consequences to the lender or borrower, but if its Dalio you can assume he worked that angle well. More power to him!

  4. JRH

    Serious question, CF: I don’t get what bothers you about the GHS trip to Cuba. Is it that you actually think our embargo is good policy? (I take the view that free trade tends toward free minds more than isolation does, and I would have assumed you did, too.) What could better disabuse Cuban teenagers of the propaganda they learn in their schools about the evil Yanqui empire, than to see their peers, with shiny new instruments, backpacks full of whatever books they want, and a diversity that reminds you that people from around the world are willing to risk death to enter our borders, while others die for the chance to leave Cuba’s in their rear view? Do we do the Cuban regime a favor by helping their project of constructing an artificial reality for their people? I don’t think so, and I struggle to understand how any conservatives (to say nothing of libertarians) could think so.

    • JRH

      Edited final sentence: Don’t we do the Cuban regime a favor by helping their project of constructing an artificial reality for their people? I think so, and I struggle to understand how any conservatives (to say nothing of libertarians) could think otherwise.

      • TheWizard

        When liberals will publicly proclaim that the Cuban model and dictatorships in general are a horrible way to run a country and can only end in disaster for the people, then I will agree that we should end the embargo.

        I was hoping GW would depose the crudball Cuban government in the wake of 9/11 when the United States went on the offensive, but that proved a bit idealistic, like the permanent military bases I assumed we would establish in Iraq.

        • JRH

          Sure, I’ll do that when conservatives stop associating with and celebrating Henry Kissinger, or get red in the face about an idiot in a Che shirt while continuing to worship at the altar of a President Reagan who had no problem sending American lawyers, guns, and money to dictators when they were shooting at the right people. The point of that isn’t that I think Reagan voters support dictators; it’s that its stupid to say so.

        • TheWizard

          We sent military advisers, too. Oliver North detailed it in his book. Our definitions of “the right people” obviously varies.

  5. Once

    The problem with the GHS trip to Cuba is the misrepresentation of what it is and what it was. Castro was a murdering thug. Firing squads, mass graves, the whole enchilada. Do the kiddies get to see the mass grave sites the way people can now tour Hitler’s gas chambers? We study history so we don’t forget it. The history of the holocost is beaten into us. So why do we candy coat Cuba?
    http://www.humanevents.com/2014/04/18/what-really-happened-at-the-bay-of-pigs/

    • JRH

      I’ve seen no evidence that the students will be getting a candy coating on anything. The best way to show the tragedy of communism is to send people to see it for themselves, I would think. You seem to favor an embargo which bars potential American visitors from seeing the ugly truth of Castro’s failures.

      • Libertarian Advocate

        I am in favor of ending the embargo, but far too many rich, often VERY rich, Northeast US liberals romanticize the Cuban communist revolution to such a degree that they can’t even acknowledge the atrocities committed or the terrible privations the Cuban people have suffered as a result, all so that they can continue to enjoy the fantasy that “socialism” is a viable economic system. I know this because my parents are both such liberals, as are or were many of their Ivy educated friends and colleagues. It’s all so much bovine excrement.

        • JRH

          I don’t disagree with you about wealthy liberals indulging in fantasies about third-world revolutionaries, Libertarian Advocate. I just think that’s an awfully bad reason to keep an embargo up. Making it difficult for Americans to see Castro’s failures, and for Cubans to see our successes, only gives the deluded on both sides of the Florida Straits more isolation from reality.

          • Thanks to relatives in Florida, I don’t think the Cubans have any doubts about the respective merits of the two countries. After all, it’s not the U.S. that shoots people trying to flee to Cuba.

            As for the embargo, surely Cuba has the rest of the world to trade with – if they had anything to trade.