TALK & OPINIONS BY SILVIO CANTO JR.

We discuss politics, sports and a few extras!

Archive for December 2018

Cuba singing the ’60th anniversary’ blues

leave a comment »

In a few days. appointed Presidente Miguel Diaz-Canel will oversee the 60th anniversary of what they call “la revolucion”.     

Historians will note that this is the first time that a non-Castro will deliver the big speech.  On the other hand, economists will tell you that the regime has little to show or boast about.

In other words, 60 years of “revolucion” have been great for Castro, Inc. and the party elite who send their wives to shop in Montreal or Mexico City.   

The rest of Cuba lives in a different reality, or a “Special Period” that never stops.    

For those not familiar with Cuba, the regime calls it a “special period” any time there’s unusual economic adversity.   The first “special period” was in the 1970s, then again in the 1990s when the USSR collapsed.  Unfortunately for Cubans, the “special periods” don’t stop!   It’s one after another!

This is the latest from the Cuban economy, according to the Miami Herald:

Cuba’s Gross Domestic Product (GDP) grew by slightly more than 1 percent in 2018 but the growth “still does not help the people like what we need,” Díaz-Canel told the National Assembly at year’s end. The government predicted a 1.5 percent GDP growth in 2019, but its figures are not comparable to the rest of the world because Cuba includes spending on health, education and social services.

“Cuba’s productive machinery does not totally collapse, but it also doesn’t create economic progress in the last 30 years,” economist Pavel Vidal wrote in an article published on the digital site, Cuba Posible.

The island has still not recovered from the withering economic crisis in the 1990s known as the Special Period, Vidal added, “but it must be acknowledged that it is a system that has proven to be effective at managing the crisis and avoiding economic collapse, just as it has been ‘effective’ at limiting private initiative, innovation and increases in productivity.

“It is a system that holds the record for the lowest levels of investment in Latin America,” he added.

Díaz-Canel’s recent visits to Russia, China, Vietnam and other Asian countries — with stops in the United Kingdom and France — also did not bring the expected benefits. For 2019, the confirmed foreign investments will account for barely 6.2 percent of all planned investment in the country.

So Presidente Diaz-Canel is having trouble selling Cuba to foreign  investors? Wonder why?  

Diaz-Canel faces a difficult challenge. You can’t reform Cuba without admitting that the whole system is a failure. You can’t improve the lives of Cubans without dumping the system.

My guess is that the lack of “foreign investment enthusiasm” in Cuba is a sign that most countries know that the end is coming.

Another “aniversario” comes and the band will play the usual “revolutionary” tunes about standing up to “el imperialiasmo” — the way they refer to the U.S. 

Based on what they tell me, most Cubans are not paying attention at all.

How much longer can this madness go on? I’ve been wrong before, but we are down to the end.

PS: You can listen to my show (Canto Talk) and follow me on Twitter.
From American Thinker: more: https://www.americanthinker.com/blog/2018/12/cuba_singing_the_60th_anniversary_blues.html#ixzz5b4xMtNVF 
Follow us: @AmericanThinker on Twitter | AmericanThinker on Facebook

Written by scantojr

December 29, 2018 at 7:27 am

The shutdown, border issues, Cuba at 60 plus Putin & Venezuela

leave a comment »

The shutdown will move to next week or the new year……..Hispanics and President Trump……The latest issues from the border……….and other stories…………

Click to listen: The shutdown and border issues with George Rodriguez, conservative activist 12/28 by Silvio Canto Jr | Politics Podcasts

//percolate.blogtalkradio.com/offsiteplayer?hostId=4735&episodeId=11131361

Written by scantojr

December 28, 2018 at 11:00 pm

Friday’s video: The revolution turns 60 down in Cuba

leave a comment »

 

Written by scantojr

December 28, 2018 at 1:30 pm

Vlad in Caracas!

leave a comment »

We know two things about Vladimir Putin and Nicolas Maduro.  Putin loves to navigate in choppy waters and stick it to the U.S.  Maduro is desperately looking for a “sugar daddy”.

We learned that Russia is active down in Venezuela, to say the least:   

In exchange for modest loans and bailouts over the past decade, Russia now owns significant parts of at least five oil fields in Venezuela, which holds the world’s largest reserves, along with 30 years’ worth of future output from two Caribbean natural-gas fields. 

Venezuela also has signed over 49.9 percent of Citgo, its wholly owned company in the United States — including three Gulf Coast refineries and a countrywide web of pipelines — as collateral to Russia’s state-owned Rosneft oil behemoth for a reported $1.5 billion in desperately needed cash. 

Russian advisers are inside the Venezuelan government, helping direct the course of President Nicolás Maduro’s attempts to bring his failing government back from bankruptcy. They helped orchestrate this year’s introduction of a new digital currency, the “Petro,” to keep oil payments flowing while avoiding U.S. sanctions on the country’s dollar transactions.     

Venezuela’s still-formidable defense force, once an exclusively U.S. client, is now equipped with Russian guns, tanks and planes, financed with prepaid oil deliveries to Russian clients. Maduro scoffed last year at President Trump’s public threat to use the U.S. military to bring him down, saying Venezuela, with Russian help, had turned itself into a defensive “fortress.”

When will see Russians walking around Caracas or enjoying the beaches as they did in circa 1961-Cuba?  As my parents used to tell me, the big joke in Cuba back then was about the super “white skin colors” of the new visitors. Cubans were asking each other whether anybody in Russia ever got a suntan.

What’s Putin up to?  What military advantage is there in placing bombers in Venezuela?  Wouldn’t they be taken out within minutes in the event of a crisis?  

What’s Maduro up to?  I spoke with several of my local Venezuelan friends and they don’t see much upside for Maduro.   

First, it’s going to take a lot of cash to bail out Venezuela and I’m not sure that Putin has it or is that generous.

Second, Venezuelans are already furious with the Cuban presence.  What makes you think that they are going to love their new Russian suitors?   At least, they can argue with the Cubans and tell them where to go in “expletive deleted” Spanish.

Third, what about the legal implications of Citgo used as collateral?  Are there investor lawsuits in the future?  

Again, my friends in Venezuela are hoping that this is the opportunity for President Trump to intervene.  I don’t think that will happen but it depends of what Putin’s intentions are.

Putin in Caracas?  Something to keep an eye on.

PS: You can listen to my show (Canto Talk) and follow me on Twitter.

This is from American Thinker: more: https://www.americanthinker.com/blog/2018/12/vlad_over_caracas.html#ixzz5ayyj7UIa 
Follow us: @AmericanThinker on Twitter | AmericanThinker on Facebook

Written by scantojr

December 28, 2018 at 6:52 am

Posted in US politics

Tagged with

Thursday’s show: Cuba at # 60 plus Russia in Venezuela and other stories

leave a comment »

We will look at the upcoming 60th anniversary of the Cuban revolution……Cuba has horrible economic problems and the regime does not have any answers……..Russia down in Venezuela and gaining access to oil fields……..Happy # 75 Roy White….Radio Music Hall 1932……Bush Tollway 1995….Scotty Moore (1931-2009)…………and other stories…………Click to listen:

http://www.blogtalkradio.com/cantotalk/2018/12/28/cuba-at-60-plus-russia-in-venezuela-and-other-stories

//percolate.blogtalkradio.com/offsiteplayer?hostId=4735&episodeId=11130167

Written by scantojr

December 27, 2018 at 9:00 pm

# 60 as bad as the other 59…..

leave a comment »

Down in Cuba, “lo mismo de siempre”!    “Mas miseria y mas mentiras” or my mother’s favorite description of the regime that destroyed the island that she was born in.

As appointed head of state Diaz-Canel gets ready for the 60th anniversary of what they call “la revolucion”, the regime has little to show for it.

In other words, 60 years of “revolucion” have been great for Castro, Inc. and the party elite who send their wives shopping to Montreal or Mexico City.   

The rest of Cuba lives in a different reality, or a “Special Period” that never stops.

This is the latest from the Cuban economy, according to The Miami Herald:

Cuba’s Gross Domestic Product (GDP) grew by slightly more than 1 percent in 2018 but the growth “still does not help the people like what we need,” Díaz-Canel told the National Assembly at year’s end. The government predicted a 1.5 percent GDP growth in 2019, but its figures are not comparable to the rest of the world because Cuba includes spending on health, education and social services.

“Cuba’s productive machinery does not totally collapse, but it also doesn’t create economic progress in the last 30 years,” economist Pavel Vidal wrote in an article published on the digital site, Cuba Posible.

The island has still not recovered from the withering economic crisis in the 1990s known as the Special Period, Vidal added, “but it must be acknowledged that it is a system that has proven to be effective at managing the crisis and avoiding economic collapse, just as it has been ‘effective’ at limiting private initiative, innovation and increases in productivity.

“It is a system that holds the record for the lowest levels of investment in Latin America,” he added.

Díaz-Canel’s recent visits to Russia, China, Vietnam and other Asian countries — with stops in the United Kingdom and France — also did not bring the expected benefits. For 2019, the confirmed foreign investments will account for barely 6.2 percent of all planned investment in the country.

So Diaz-Canel is having trouble selling Cuba to foreign  investors? Wonder why?

Diaz-Canel faces a difficult challenge. You can’t reform Cuba without admitting that the whole system is a failure. You can’t improve the lives of Cubans without dumping the system.

Another “Enero primero” comes and the band will play the usual tunes. My guess is that most Cubans are not paying attention at all.

How much longer can this madness go on? I’ve been wrong before but we are down to the end.

My guess is that the lack of “foreign investment enthusiasm” in Cuba is a sign that most countries know that the end is coming.

PS:    You can listen to my show (Canto Talk) and follow me on Twitter.

Written by scantojr

December 27, 2018 at 7:09 pm

Thursday’s video: A couple of Democrats attack The Knights of Columbus

leave a comment »

 

Written by scantojr

December 27, 2018 at 2:00 pm