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The Cuban Embargo The process began in the summer of 1960 when the Cuban government ordered two US oil companies Standard and Texaco to refine Soviet crude oil at their Cuban refineries rather than the oil they had been bringing in from their own sources Not surprisingly they refused The Cuban response on July 1st was to nationalize both companies holdings in Cuba A few days later the United States retaliated by cutting the Cuban sugar quota and that led in August to Cubas nationalization of virtually all US property on the island Since the embargo was issued almost 40 years ago it has only brought bigger and bigger problems Neither country benefits from the effects of the economic embargo therefore the United States should lift the embargo on Cuba The Cuban Embargo is harming the poor people of Cuba Although the embargo is not the main reason for the Cuban peoples misery Cubas economy has something to do with it as well The economy under Castros rule and policies is poor If the embargo has no impact then all it does it make things worse on the Cuban people One of the policies of the United States toward Cuba is embodied in the Cuban Liberty and Democratic Solidarity Act signed into law in March 1996 Popularly known as the Helms-Burton or Libertad Act this legislation not only targets Cuba but also punishes US allies who trade with and invest in Cuba The bill enforces the economic embargo against Cuba and seeks in Title III to punish foreign-owned companies that engage in the wrongful trafficking in property confiscated by the Castro regime The embargo is keeping Fidel Castro in power In order to regain prosperity and establish democracy Cuba must make the transition from a state-planned economy under Castro to a market economy under a democratic government This cannot happen as long as Castro and communism are synonymous with anti-imperialismand they will remain synonymous as
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