GOP Senator Jerry Moran Leads New Push to End Cuban Embargo

[Judi Lynn]

Source: Latin Post

GOP Senator Jerry Moran Leads New Push to End Cuban Embargo
By Rodrigo Ugarte ([email protected])
First Posted: Jun 11, 2015 04:05 PM EDT

Republican Sen. Jerry Moran is continuing the push that Democratic Sen. Amy Klobuchar started to end the Cuban embargo. On Thursday, Sen. Moran, with Sen. Angus King, introduced the Cuba Trade Act, a new bipartisan attempt to allow American trade with Cuba that will be more palatable to the Republican majority in Congress.

Back in February, Sen. Klobuchar of Minnesota introduced her Freedom to Export to Cuba Act to end the half-century-old embargo on Cuba. Despite having bipartisan support, the bill languishes in the Senate. Yet, Sen. Moran of Kansas and Sen. King, an independent from Maine, hope to revive the push with a new bill that addresses some concerns of those against opening up to Cuba, McClatchy DC reported.

The new Cuba Trade Act introduced on Thursday "would grant the private sector the freedom to export U.S. goods and services to Cuba while protecting U.S. taxpayers from any risk or exposure associated with such trade," according to a press release from Sen. Moran office.

The bill allows American corporations, small businesses and farmers to free trade with the island. It also allows banks to give credit to Cuba but ensures the taxpayer does not have cover the costs if Cuba defaults. This provision -- as well as the one ensuring federal money is not spent promoting trade or market development in the island -- is meant to appeal to those unsure about ending the embargo.


Read more: http://www.latinpost.com/articles/59163/20150611/gop-senator-jerry-moran-leads-new-push-end-cuban-embargo.htm

[merrily]

1. Ah, more free trade. Now, things re: recognizing Cuba are starting to gel.

[Populist_Prole]

2. My exact thought as well

"would grant the private sector the freedom to export U.S. goods and services to Cuba"

Translation: Set up sweatshops in Cuba for US corporations to seek economic rents by using cheap and desperate Cuban labor to produce products for said US corporations to sell in the US at established market rates, thereby fattening said US corporation's bottom lines.

Funny how the cold war ends as soon as the cold war mongers can make a buck.

[merrily]

3. Please remind me: Which goods made in the USA will we be exporting?

[craigmatic]

4. Fast food mostly and probably a nike or some other type of clothing plant.

[merrily]

5. I though Nikes were made abroad. Most clothing, too.

[craigmatic]

8. True but the headquarters are here and the owners won't resist exploiting another source of cheap

labor. I'll bet in 20 years they get car factories, oil refineries, and clothing factories too.

[merrily]

9. But, my post asked about things made in the US.

[Populist_Prole]

6. Very little

Compared to what we'll import, especially after US companies set up shop there.

That's the whole point. It won't take long before Cuba will be "mined" of its cheap labor to both:

-Fatten corporate bottom lines

-Put further downward pressure on US wages

[Peace Patriot]

7. It should be quite interesting when Cuban workers meet U.S. "free trade for the rich."