TotallyOz Posted August 28, 2010 Share Posted August 28, 2010 Associated Press Cuba embraces 2 surprising free-market reforms By WILL WEISSERT (AP) HAVANA — Cuba has issued a pair of surprising free-market decrees, allowing foreign investors to lease government land for up to 99 years — potentially touching off a golf-course building boom — and loosening state controls on commerce to let islanders grow and sell their own fruit and vegetables. The moves, published into law in the Official Gazette on Thursday and Friday and effective immediately, are significant steps as President Raul Castro promises to scale back the communist state's control of the economy while attempting to generate new revenue for a government short on cash. "These are part of the opening that the government wants to make given the country's situation," said Oscar Espinosa Chepe, a state-trained economist who is now an anti-communist dissident. Cuba said it was modifying its property laws "with the aim of amplifying and facilitating" foreign investment in tourism, and that doing so would provide "better security and guarantees to the foreign investor." http://www.google.com/hostednews/ap/article/ALeqM5gG8qLd4ozL5rvaQHbiJPOHvtnRpQD9HS34FO0 Quote Link to comment Share on other sites More sharing options...
Members TampaYankee Posted August 28, 2010 Members Share Posted August 28, 2010 It's a start. I like the free enterprise production of produce. It will show the power of private enterprise on a local scale. As for the 99 year leases, what the government giveth the government can taketh away at any time, without government laws backed up by institutions above the actions of the executive. In my mind that requires the free election of the executive to a limited term. I've seen that government in action before when it comes to private property. Like I said, it is a start. Quote Link to comment Share on other sites More sharing options...
Members MsGuy Posted August 28, 2010 Members Share Posted August 28, 2010 So you think it will be a while before the Cuban government is selling permits to piss on Fidel's grave? Quote Link to comment Share on other sites More sharing options...
Guest FourAces Posted August 28, 2010 Share Posted August 28, 2010 "potentially touching off a golf-course building boom" Golf courses, WTF? I was hoping for a Gay Strip Club building boom I look forward to the day, which I believe will be soon, where we can freely travel to Cuba. When I lived in Miami I had some amazing times with hot Cuban companions. Quote Link to comment Share on other sites More sharing options...
Members BigK Posted August 28, 2010 Members Share Posted August 28, 2010 It sure would be nice to be able to start getting a steady supply of Cuban Cigars. I would love to visit Cuba too. Quote Link to comment Share on other sites More sharing options...
