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The John Batchelor Show

S8 Ep647: 14. Guest Mary Anastasia O'Grady examines Cuba’s desperate plea for private investment amidst an energy crisis. She warns of the regime’s history of exploiting investors and argues that progress requires total democratic regime change,. (14)

The John Batchelor Show

John Batchelor

Society & Culture, Arts, News, Books

4.52.8K Ratings

🗓️ 27 March 2026

⏱️ 10 minutes

🧾️ Download transcript

Summary

14. Guest Mary Anastasia O'Gradyexamines Cuba’s desperate plea for private investment amidst an energy crisis. She warns of the regime’s history of exploiting investors and argues that progress requires total democratic regime change,. (14)
1940 THE ARMORED TRAIN

Transcript

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0:00.0

I'm John Bachelor, Cuba.

0:18.0

I welcome Mary Anastacio Grady of the America's column for the Wall Street Journal editorial page,

0:22.7

has been my guide on the Cuban tragedy for many years.

0:26.6

We have new twist now because Marco Rubio, among other leaders in the administration,

0:32.5

are looking to move Cuba from the enemy adversary camp into the U.S. camp. And the way to do that is, we're told,

0:41.2

to empower private enterprise. This has to do with oil, of course. Everything does eventually.

0:47.1

But Cuba wants more than oil from the United States, the Trump administration. It wants private

0:53.2

investment. I learned from Mary that this isn't the Trump administration. It wants private investment.

0:58.9

I learned from Mary that this isn't the first time Cuba's wanted private investment.

1:00.5

It doesn't end well.

1:02.1

Mary, a very good evening to you.

1:04.4

Why do they want private investment?

1:14.4

Do you note that an official in the regime, the one that just acted out again and rejected offers from the U.S., Deputy Prime Minister wants private investment. Why? What is it, how does it help them? They're out of oil.

1:21.7

Well, good evening, John. I think one distinction to make, very important distinction to make,

1:26.2

is that the regime wants private investment, but they also want to stay in power.

1:31.2

So Cuba needs private investment. Of course, it does foreign investment. But the regime wants to stay in power.

1:37.7

So they're basically saying to the world, we're staying here. We're not going anywhere. But we invite Cuban exiles,

1:48.5

Cuban exiles, Cubans who are living in foreign countries to return to Cuba where they can

1:56.2

buy businesses and invest and be owners of entrepreneurs of businesses in Cuba.

2:06.3

And that's a big change from what has been Castro policy for 67 years, which is Cuban

2:15.8

exiles are worms. They actually call them gusanos, which is

2:20.0

technically translated maggots. And they're horrible people and they fled the country and they don't

...

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