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The revolution to overthrow Batista was led by Castro, and once the gangsters were thrown out, and relations with the U.S. deteriorated even more, the Castro government nationalized the American industries. It is the same story as Iran and The Philippines, , just a different place.

American industry going into a country, creating jobs, then treating the workers like serfs. Even worse, in Cuba, the Cosa Nostra ran all the hotels, had casinos. J Edgar Hoover and Myer Lansky would vacation together in Havana. Lansky was known as the mobs accountant.

So a communist firebrand takes over Cuba, and it could have been prevented with some government reforms.

"Presidential candidate John F. Kennedy believed that Eisenhower's policy toward Cuba had been mistaken. He criticized what he saw as use of the U.S. government influence to advance the interest and increase the profits of private U.S. companies instead of helping Cuba to achieve economic progress, saying that Americans dominated the island's economy and had given support to one of the bloodiest and most repressive dictatorships in the history of Latin America. "We let Batista put the U.S. on the side of tyranny, and we did nothing to convince the people of Cuba and Latin America that we wanted to be on the side of freedom".[21]"

58 2016-09-27 14:35:07 - David Underwood

I am delighted to be the mysterious visionary who wrote a +100 page Master Plan for "Saanenland", the historic name of the Gstaad area. Visiting annually for 33 years, I decided to live there last year.

Being hopelessly bored with 10 months of no social, business, sports or cultural activity, I wrote a Plan with dozens of bold ideas to "fix" the place. Its infrastructure, ski lifts, tourist facilities, Menuhin circus tent, railway, hotels and slow meandering roads are decades, if not a Century old.

Foreign nationals who visit more than two weeks a year found my effort fascinating and supported it, including Rybolovlev who supported the Concert Hall Board. Sadly, his divorce cost him $2.5 billion killing all enthusiasm to stay on.

The Local Gemeinde never thanked me for 8 months of effort saving them a million francs. I was dying with ALS and bedridden the whole time, so it was my swan song. I never waved it once around town to anyone who would listen. Only the foreigners cared; none of the locals.

Dozens of friends who spent decades have departed now for countries where we enjoy year-round culture, sports, a social life, intelligent friends, active business careers and know when a village is about to collapse. We aren't there for show.

Gstaad has already disintegrated as an exclusive club populated by interesting people. Stubborn locals abound. They haven't had a new thought to promote their tourism fiction since William Tell. No one else remains in the Ghost Town.

0 2016-09-07 00:06:03 - Robert S. Stewart, CEO, AIC Inc.

There is some waste in a capitalist society.

Windfall profits are waste...obsoleted industries are waste...and so on...our economic system chugs along.

Capital ideally is invested by private sources.

And risk is shared. In failures, people lose jobs, savings, homes. Losses may even be more severe to non investors.

Only in a Depression do we create jobs centrally. Over time, those jobs stagnate and die, continue beyond usefulness (there's inefficiency) or convert to private industries. This happened after WWII.

Fully Socialistic societies are irrational. Equal allocation of work and rewards doesn't work.

Or--heavily monopolistic capitalist societies are unequal. We now live with this result.

So perhaps we could call it from the front end, not the back end. That is, we should not look at the output relevant to the optimum benefit.

We could theoretically, for example, try to reduce waste by concentrating on the synergistic effect of large investments.

For example, does a new hotel complex make sense in a mature market where the occupation rate of hotels is higher than 80%?

Well, the answer may surprise you. Yes. It does.

This is where Friedman is right.

In a capitalist society, growth is the key.

Investors bear most of the risk and even sophisticated investors make mistakes.

The key is for everyone to share somewhat in the outcome.

That protects demand, so investors can be confident in taking new risks.

Tax the rich for more growth, not less.
3 2016-05-05 17:00:33 - Joseph O'Shaughnessy

Here’s the roll-call on who introduced terrorism (along with biological, chemical and nuclear weapons) to the Middle East:

Bombs in cafés: first used by Zionists in Palestine on 17 March 1937 in Jaffa. (actually grenades).
Bombs on buses: first used by Zionists in Palestine on 20 August-26 September1937
Drive-by shootings with automatic weapons: IZL and LHI in 1937-38 and 1947-48 (Morris, Righteous Victims, p681.)
Bombs in market places: first used by Zionists on 6 July 1938 in Haifa. (delayed-action, electrically detonated)
Bombing of a passenger ship: first used by the Zionists in Haifa on 25 November 1940, killing over 200 of their own fellows.
Bombing of hotels: first used by Zionists on 22 July 1946 in Jerusalem (Menachem Begin went on to become prime minister of Israel).
Suitcase bombing: first used by Zionists on 1 October 1946 against British embassy in Rome.
Mining of ambulances: first used by Zionists on 31 October 1946 in Petah Tikvah
Car-bomb: first used by Zionists against the British near Jaffa on 5 December 1946.
Letter bombs: first used by Zionists in June 1947 against members of the British government, 20 of them.

I could go on...

The point is that it has not merely been "Muslim fanatics" destabilizing the ME.

The question is why is the United States so embroiled there now.

I'd offer that gas and gas pipelines are the new oil:

2 2016-01-23 04:31:57 - Hasbara Sayanim

Israel was attacked in the 6 day war. Israel fought a war of self-defense.Why should Israel be expected to return land that was won in war that was fought in self defense? Are you ready to cede your home in Citrus Heights to the original owners,who were likely Native Americans?If you’re to be consistent in your argument,you should be ready to.Israel won that land in self defense.The United States can not say the same about the territory we occupy.

“So the discriminate killings of civilians is justified ,as protecting Israel.” Hamas has implanted rockets and munitions amongst its civilians,using them as human shields. Hamas hides weapons in schools,homes and hospitals.Just last week,
the United Nations found 30 rockets hidden in a school in Gaza and declared the hiding of rockets in a school to be a “violation of International Law.” Israel fires warning rockets, drops pamphlets and even sends text messages urging civilians to vacate targets which harbor rockets and other munitions.Hamas orders the same civilians it has used as human shields to stay put,after Israeli has tried to save their lives.And you have the Chutzpah to say that it is Israel which is “discriminately”killing civilians. Hamas doesn’t issue warnings when it fires rockets into homes in Israel,or blows up buses ,Pizza Shops, hotels, or any other civilians it can kill or maim. “Collective Punishment”? Why don’t you write a letter to Hamas, Mr,Underwood,urging it not to use civilians as human shields.

0 2015-11-23 00:04:51 - DJS

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