Although it seemed impossible for many nations of the world, the United States abandoned the principle of the Act of State applied by its courts, violated the foreign claims procedure of 1949, ignored the powers of the President in the application of foreign policy, skipped elements of its own Constitution to impose the extraterritoriality of a Law and punish the insubordination of a people.
That is the Helms-Burton Act, which is why the people baptized it as a diabolical monstrosity: it is a weapon of unconventional warfare to surrender a sovereign nation, bypassing all the principles of law and ignoring its own laws.
This legal aberration is used as a basis to impose millionaire fines on foreign banks, shipping companies, airlines, cruise companies, among others, and to claim debts that are not due, not only because of the years that have passed, but also because at the time they did everything possible to prevent the stipulated compensations. Above all, they claim the absurd: that we return to the embezzlers of the Batista regime their ill-gotten fortunes and properties.
On July 6, 1960, the Revolutionary Government issued Law 851, complementary to the Fundamental Law of 1959, which established the principle of forced expropriation for public utility. The legislation instituted the form and manner of compensating the nationalized property by means of the bonds of the Republic issued for that purpose. On this subject we already know what happened.
The right of nationalization is internationally recognized as an expression of the permanent sovereignty of the State over its resources, according to the Charter of Economic Duties and Rights of 1974.
To the embezzlers, thieves of the public treasury, mob people and front men, the confiscation of the embezzled assets was applied. In order to recover all that they had stolen, the Ministry for the Recovery of Embezzled Assets was created. These gentlemen were not and are not entitled to compensation, much less to the return of the ill-gotten wealth that was confiscated by virtue of a crime committed, not by nationaliaztion.
The embezzlement by the Batista gang, their allies, the mafia and the national front men, amounted to 460 million dollars (at the time) of the country's international monetary reserves.
The "golden cup" of the counterrevolution had a national public debt of 1,330 million pesos. On January 1, 1959, Cuba's gross international reserves, in gold and dollars, were less than 70 million, out of the 509 million dollars that existed at the beginning of the decade.
The "mafia paradise" imposed by Fulgencio Batista, based on terror and death, used public funds to build the real estate that the mafia would use for its own profit, and to benefit its cronies.
These are the gentlemen who, under the Helms-Burton Act, intend to recover the goods stolen from their people, by means of the mafia method of extortion, applied on an international scale. That is what such a monstrosity of a law is all about.
Source: Nationalization Process in Cuba. Nationalization and Compensation. Dr. Olga Miranda Bravo.
Translated by ESTI
