Sunday, November 25, 2007

Trading with Cuba

Via Havana Note: I’ve written multiple times about all the U.S. governors and farmers heading to Cuba to negotiate cash-only (and perfectly legal) transactions. Now representative in some of those same states are pursuing legislation that would disallow investment in their own companies and might, if read in a certain way, even label their own Republican governors as supporters of terrorism.

In a rush to be tough on terror, a number of state legislators from Massachusetts to Michigan are attempting to push through bills that would require their state's public pension funds to sell off certain investments with countries on the U.S. State Department's list of state sponsors of terrorism. Guess which country is still on that list? (It rhymes with "Tuba.")

Cuba policy at the federal level is already incoherent enough. Add state legislators to the mix and you’ve got pure lunacy.


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