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Monday, March 16, 2026

Cuba's Castroite dictatorship calls on Cuban-Americans for an investment bailout

 by Monica Showalter

It's almost insulting.

After running out of other people's money -- and oil -- Cuba's military dictatorship has decided to 'allow' Cuban-Americans to spend their investment money on their socialist hellhole island, supposedly to make money.

According to NBC News:

HAVANA — Cuban nationals living abroad in places such as Miami will be allowed to invest in the private sector and own businesses in their homeland, the country's economic czar has told NBC News in an exclusive interview.

Oscar PĂ©rez-Oliva Fraga, Cuba's deputy prime minister, said that a "blockade" by the United States is hampering these efforts as the island grapples with an energy crisis, rare violent protests and public pressure from the Trump administration.

“Cuba is open to having a fluid commercial relationship with U.S. companies" and "also with Cubans residing in the United States and their descendants," Fraga said in a sit-down in Havana, ahead of announcing the news to his country Monday night.

That's not the attractive prospect they think it is. In fact, it's pretty much a scam to take gringo's money, too, now that they've run out of other suckers, particularly with President Trump shutting down Cuba's "free" oil supplies from Venezuela.

But that's water off a duck's back to this regime, which is looking for a new sugar daddy to fleece.

You see, money is just waiting to be made in the communist island paradise, so come on in and invest your money -- and take your risk -- in the infrastructure, or the small businesses that the dictatorship has benevolently allowed to exist now. Out of the kindness of its heart, the communist dictatorship has decided to allow the people it called 'gusanos' or, worms, to gather some of that manna from the great hammer and sickle people's republic as it falls from the sky.

File under 'unclear on the concept.'

They seem to think that investing in that great shambles they've turned the country into is a privilege, not the mother of all risks.

It's not just that there's no infrastructure, no running water, no guarantee of power, and no consumers with buying power from which to make all this money. 

Their biggest problem is that they stand there as the scorpion of Aesop's Fables, seeking a free ride across the river -- and can't stop stinging their host, because as Aesop's story had it, they must act according to their nature, which in this case is communist.

The Cuban government has quite the history of allowing, and then expropriating private business any time that business starts to make money.

We saw that with their 2010 opening to private business -- tiny two-table cafes, buttonhole-repairing businesses, and other big moneymakers the government deigned to allow to exist as a concession to their own economic failure which inhibited their capacity to hire bureaucrats. Once these tiny rag-picking businesses started to make some money, the goons came to get those filthy Kulaks.

We also saw it in 2016, with another apertura, as some call these things, and we saw it in 2022. We saw it as recently as 2025. Anyone who makes money in these tiny business is a sitting duck for expropriation which is always going to happen so long as this regime stays in power.

Why anyone would think the Cuban regime would respect private property this time, even with the Trump administration supposedly looking over their shoulder, is a fool.

The gravy exists only so long as the Trump administration does -- elect a Democrat, which is what the Cuban regime is banking on -- and then the harvesting begins. They do this every time. They know Democrats aren't going to do anything about it, which is why they bank on Democrats getting elected.

What this ridiculous proposal is is nothing but a request to the hated gusanos to bail them out now that they've stiffed every creditor they've ever had -- China, Japan, Mexico, Venezuela, certainly Russia, and many more.

Now there's no one left to fleece but the Cuban-Americans who know very well what they do, particularly when no one's looking.

Cuba, in fact is one of the most hellish regimes in the world for investment, and ranks near the rock bottom on every investment climate metric and transparency index out there. Now the Cuban-Americans are supposed to invest in them?

Will any be dumb enough to shell out? Perhaps if U.S. trade credits are extended, meaning, Uncle Sam covers the expropriation losses, but I am hoping we don't see that from the Trump administration. 

It defies belief that anyone would ever invest in a regime that has stiffed every investor it had. It's nothing but a bait-and-swith three-card monte that will guarantee losses for anyone who hands them money to invest.

The one and only way to attract investment on that desperate island, is a complete change of government. Cubans on the island seem to understand this, given the rioting seen on the island now.

There won't be much of any profit under the current regime of thieves and communists. The Cubans are the ones who know.

https://www.americanthinker.com/blog/2026/03/cuba_s_castroite_dictatorship_calls_on_cuban_americans_for_an_investment_bailout.html

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