Wednesday, May 20, 2009

Economic Constraints Loosening in Cuba? For Who?

Overseas private investors and homebuyers are to be given a rare chance to buy Cuban real estate in a move that marks a further loosening of the economic constraints imposed on the island since Fidel Castro seized power 50 years ago. ( Financial Times, May 9)

Alberto de la Cruz at BabalĂș comments:

I put emphasis on the term "overseas" because the reality here, which the Financial Times blatantly ignored, is that these so-called loosening of economic restraints benefits only those who are not Cuban, and of course, the ruling elite who will be collecting the cash from the sale of these leaseholds. Not one Cuban outside the ruling elite will benefit from this. Life will continue as it has for the last half decade for them with the only difference being there will be a new place for the regime to send them to work as slave laborers.

Yes, things are getting better in Cuba. What I would like to know is when are things going to start getting better for Dr. Oscar Elias Biscet
[Use the search feature at top left to read numerous Vital Signs Blog posts about Dr. Biscet] and the rest of the Cubans on the island?