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Economic Opportunity, Taxi Driver Wisdom »

[18 May 2009 | 6 Comments | ]

The United States embargo against Cuba has been in place since 1962.   In international politi-speak, an embargo is the prohibition of commerce and trade with a country.  The purpose is to cause the government of that country to have internal conflict as its economy suffers in consequence of the sanctions.    In “The Cuban Democracy Act” of 1992,  the US formally mandated continuing embargo as long as the Castro regime refuses to progress toward democratization and greater respect for human rights.   In 1996, Congress further restricted US citizens from doing business with Cuba, prohibiting any public or private assistance to the Castro regime and any successor regime, unless certain conditions demonstrating approach to …