Thursday, November 12, 2015

My thoughts on last night's Fox Business debate plus a word about Veterans Day




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Wednesday, November 11, 2015

Raul Castro looking for Mexicans to invest in Cuba

Raul Castro is hoping that Mexico will buy from or invest more in Cuba. It’s a good idea given that Mexico has the second largest economy in Latin America. However, the deal has not been sealed yet.
Allan Wall recently visited the island and did not see a lot of Mexican products:
As for Mexico, you’d think that, after all these years of trading with Cuba, that there would be more Mexican products on sale there.
Admittedly, I didn’t see everything, but the only Mexican product I saw on sale in Cuba was Mexican Coca-Cola. And that doesn’t even appear to be the most common soft drink. There is a regime-connected enterprise that makes Cuban soft drinks.  And I didn’t find the Cuban Coca-Cola equivalent to be very good.
Nor did I find any Mexican snack products, of which there are many good ones, for sale in Cuba.
Now however, there is interest in the Mexican business community for more opportunities in Cuba.
In Merida, Raul Castro appealed to such hopes by declaring, “We also welcome the interest of Mexican companies to do business and invest in Cuba, particularly in the special development zone of Mariel and in sectors such as agriculture and tourism.”
That’s what Raul says, but it still remains to be seen.
That’s correct. It remains to be seen whether Mexico does anything.
Mexico recently waived (a nice word for wrote off) almost $500 million of Cuban loans. It was a public sector loan, since most of Mexican private sector companies sell on a cash basis.
So it remains to be seen if Mexico jumps in. There is a lot of talk about opportunities but not much more.
My guess is that they will be very careful because Cuba is not much of a market to invest or do business with. I guess that’s what 50-plus years of misguided socialism will do to a country.
P.S. You can listen to my show (Canto Talk) and follow me on Twitter.




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The Obama immigration executive order and a word about GOP debate




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Wednesday, November 04, 2015

How many in the newsrooms are in denial about ObamaCare?

By any objective measurement, ObamaCare is a rather big failure. We will still have people uninsured after the fifth year. Enrollment is way down. Premiums and deductibles are up. Can you find an employer who likes it?
It is a mess, as Rich Lowry wrote:
Enrollment is falling short. The Obama administration projects that it will have roughly 10 million people on the state and federal exchanges by the end of next year, a staggering climb-down from prior expectations. The Congressional Budget Office had predicted that there would be roughly 20 million enrollees. If the administration is to be believed, enrollment will only increase about another million next year from its current 9 million and only sign up about a quarter of the eligible uninsured.
Premiums are rising. Not everywhere, but steeply in some states. Indiana is down 12 percent, but Minnesota is up 50 percent. Health care expert Robert Laszewski points out that it’s the insurers with the highest enrollment and therefore the best information about actual enrollees that have tended to request the biggest increases — a sign that they don’t like what they’re seeing in their data.
People are voting with their choices. They are not signing up. They’d rather pay a penalty. The young are not reporting for duty and providing the cash flow to pay for the program. People without subsidies avoid ObamaCare like a plague.
Yes, some have signed up. However, they are generally people on some kind of subsidy. Frankly, we could have taken care of these people with tax credits or other programs. There were already programs like Chips in Texas that provided very cheap health care for low income families.
Did we have to disrupt our health care system to achieve so little success? We didn’t but disrupt we did!
Remember the one about saving $2,500 per family? Or keeping your insurance? We will file those promises in the “he said” archives! 
It is not working and it will have to be revisited, even if Secretary Clinton wins the election. The numbers just don’t add up no matter how many times I hear that we will raise taxes on the rich or improve it.
Yet, the media just doesn’t have the passion to cover this failure called ObamaCare.
Maybe they’re in denial or in shock or whatever. The media is not doing its job by refusing to report that ObamaCare is failing, and failing very badly!
Maybe the media should start by admitting that they were so eager to see President Obama succeed that they didn’t do the kind of due diligence required of a massive project like this. Or maybe we can hear some humility from liberals that the federal government can not do everything, or the reason that they added the 10th amendment to the U.S. Constitution.     
Yes, there are too many people in denial about Obama Care, specially in the newsrooms that voted overwhelmingly for “hope and change”.
P.S. You can listen to my show (Canto Talk) and follow me on Twitter.

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Obama Care and a few thoughts about doing business in Cuba


We will look at the enrollment issues with Obama Care.......the program is not attracting enough enrollees to make it work.......young people are not showing up........enrollment is down......premiums and deductible are very high...........Down in Cuba, the Castro regime wants to control business by having investors work in state enterprises......also the island's birth rates are a demographic disaster.........and a few other stories....
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Tuesday, November 03, 2015

The Castro Regime and Business

Last December, many welcomed President Obama’s opening to Cuba as an opportunity to bring prosperity to the island. It went something like this: American tourists will spend money in Cuba and freedom will blossom. The other version went like this: our past approach has not worked so let’s try something new. Another one went like this: Cubans will talk to Americans and demand multiparty elections and a free press.
Sorry, but U.S.-Cuba relations have not worked out as planned or dreamed. There are two big reasons. The first reason is that the Castro regime is not about to relax political control. On the contrary, there has been a rise in repression and more and more dissidents find it difficult to express themselves. The second reason is that the Castro regime wants to keep control of the cash flow. This is from Fox News Latino:
The Cuban government, Lee said, still clearly “prefers to channel all business opportunities to state-run enterprises.”
And why not?  The Obama approach has been completely one sided. The U.S. gives up everything and Cuba gives nothing. The Castro brothers have concluded that they will ask and Obama will provide. So far so good for the dictatorship.
The Cuban government needs these state enterprises under the Castro Inc. holding company. It allows the Castro brothers to get wealthy, it keeps property ownership from the Cuban people and turns the island into a Spanish speaking Vietnam with good baseball players.
Mauricio Tamargo, an attorney, wrote recently about Cuban finances,or better put, the Castro family finances:
Forbes Magazine used to list both Castro brothers on its list of the top 100 richest people in the world. Forbes later removed the Castro brothers from the “Top 100” after the Cuban government objected, indicating those Swiss bank accounts in both Fidel and Raul’s names are held by the Castro brothers on “behalf of the Cuban people.” 
Again, why should the Cuban government want to give up control of the economy? “Fidelismo” has been very good for the family bank accounts, the gang that surrounds and protects the dictator and all of those state enterprises that collect dollars and pay Cubans in worthless pesos.   
The Obama administration moved too fast and never demanded concessions from a cash starved dictator about to lose his energy subsidy from Venezuela. We had all of the cards and could have done more for the Cuban people. Instead, the Obama team pleased the left wing college professors in U.S. universities and threw the Cuban people under the bus.
Prosperity coming to Cuba? It won’t happen until there is a regime change.
P.S. You can listen to my show (Canto Talk) and follow me on Twitter.


Let's chat with Don Surber, author




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Monday, November 02, 2015

The week in review with Bill Katz





Tags: 2016 GOP, CNBC debate, media bias, Russia and the USS Reagan  To share or post to your site, click on "Post Link". Please mention / link to the My View by Silvio Canto, Jr. Thanks!

Sunday, November 01, 2015

What Democrat leader will tell the ‘Black Lives Matter’ protesters to grow up and respect others?

Last week, Secretary Clinton was interrupted by “Black Lives Matter” protesters.  It went like this, according to news reports:
Clinton pleaded with the group to listen to her policy proposals.
“Now, ladies and gentlemen, I have some — I have some issues to discuss and some proposals to make,” she said. 
“If our friends will allow me to do it, they may actually find them to their liking.”
Clinton supporters tried to drown out the protesters with chants of “Hillary!” and “Let her talk!”
The Democratic front-runner ignored the protests and tried to continue with her speech for several minutes. 
Rep. John Lewis (D-Ga.) and Atlanta Mayor Kasim Reed went up on stage in a show of support to Clinton.
“Thank you all very much, I really appreciate it, and I appreciate the congressman and the mayor having my back,” Clinton said.
The protesters were eventually removed from the rally.
Once again, we see pure cowardice on the part of Democrat leaders.
First of all, I’m not sure that this group represents African-Americans at this time.  This is a radical group that does not understand that all lives matter, including those of the police officers under siege at the moment or the victims of black on black crime.
Kevin D. Williamson got it right:
The overwhelming majority of violent deaths suffered by black Americans are the result of simple crime, and crime is, as an issue, of no use to the Left. 
But when a black man dies at the hands of a white man — especially a white police officer — then that breathes life into the ghost of “white supremacy,” the infinitely malleable, endlessly useful set of imperial robes detectable only by the finest sensibilities on MSNBC. Actual white supremacists represent a dwindling and (metaphorically and, more often than you might expect, literally) toothless tendency restricted mostly to hillbilly precincts and anonymous Internet cowards. But if one already wants to boycott Walmart, and a white cop shoots a young black man, then – abracadabra! – the Left is boycotting Walmart because of … white supremacy, or something. Agitating for a $40 minimum wage? “Justice for Mike Brown!” Looking for even more generous solar-power subsidies? “Justice for Mike Brown!” Anointing AFL-CIO boss Richard Trumka president-for-life? “Mike Brown would have wanted it that way!” 
If you believe that black lives matter, then you should be working for school reform, economic growth, and – yes – more effective law-enforcement and crime-prevention measures to protect black communities, which suffer an enormously disproportionate share of crime and violence. Never mind the stagecraft: That’s what you actually do if you think black lives matter. And the drama that’s going on in Ferguson right now? That’s what you do if you think black lives are merely useful to you – and, in the end, expendable.
Second, and more important, the Democratic Party is not helping itself by standing up for chaos and disorder.  We need a Democrat who will call on these groups to show respect and stop interrupting meetings.   
Yes, the protesters were eventually removed, but Secretary Clinton’s weakness emboldened them.  The protesters will be back until a Democrat politician has the courage to call out these protesters.   
P.S. You can listen to my show (Canto Talk) and follow me on Twitter.

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Elections in Argentina and other US-Latin America stories


Guest: Fausta Rodriguez-Wertz, the editor of Fausta's Blog.......We will look at the elections in Argentina.....the opposition candidate surprised everyone by forcing a runoff scheduled for Nov 22.......there is great disillusionment with corruption. the bad economy and crony capitalism.........we will also hear about the elections in Colombia............Jimmy Morales wins in Guatemala by a landslide......the hurricane in Mexico..............Central Americans continue to be deported from Mexico.......

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Tags: Argentina elections, US-Latin America, Mexico and Central America, Colombia elections  To share or post to your site, click on "Post Link". Please mention / link to the My View by Silvio Canto, Jr. Thanks!