A long-anticipated real estate deal is about to put eight prime parcels of tropical paradise on the market. White House press secretary Josh Earnest blabbed that the Obama Administration is finally ready to close down the Guantánamo Bay
concentration camps detention centers on the sunny island of Cuba.
The canny Mr. Obama teased the deal back in 2009, but waited for the Cuban real estate market to take off, and it’s muy caliente after US normalization of relations with the island nation. There are already deals in the works for a dozen new luxury golf courses, and tourists from as far away as China are waiting for tee times.
The “Gitmo” detention centers now hold 116
inmates guests at a cost of more than $100 million (possibly $454 million) a year, so it’s plainly time to cash out and recoup costs during Cuba’s current resort development boom. The deal would look better without sitting tenants and since 106 of those 116 guests have never been charged or convicted of anything, it’s time to find them other accommodations. And why host the remaining 10 guests at an annual cost of at least $10 million each when the Government Accountability Office has found many alternatives?
The US needs to liquidate this sunny surplus property now, while demand for Cuban real estate is high, and provide the returns to the U.S. Treasury. And who knows, maybe American resort developers will be the successful bidders. Is it too early to make reservations for the Trump Tropical Gitmo Palace?
“Guantánamo by the Numbers,” Center for Constitutional Rights
“Defense Department looking at alternatives to Guantanamo Bay,” Lolita C. Baldor, PBS NewHour
Short link: http://wp.me/p6sb6-lJp
Image of the fabulous GitmObama Resort by Mike Licht. Download a copy here. Creative Commons license; credit Mike Licht, NotionsCapital.com
Comments are welcome if they are on-topic, substantive, concise, and not boring or obscene. Comments may be edited for clarity and length.