December 23, 2024
Trump wants the Panama Canal back - and Panama is resisting. Panamanian President José Raúl Mulino is alleged [https://www.breitbart.com/politics/2024/12/22/trump-hits-back-panama-president-keeping-canal/] to say "no way me!" and Trump warned him "we'll see about that!"
I like this proposal by Trump. That canal is rightfully ours by virtue of our labor in building it, and by our defending it.
I remember when Jimmy Carter sought to do the canal giveaway and all the liberal newspapers were whining about how we "stole" it from Panama. We did no such thing! There was no Panama then; it was part of Columbia. The Panamanians declared their independence when America showed up because they had the chance, and thus their nation owed it's existence to the canal. We gave them their country. The "gunboat diplomacy" was ours against Columbia, and if anyone should have had first dips on the canal after the U.S. it was Columbia.
The papers also whined about the prospects of terrorism and said we were better off without the canal. And they suggested we build a new canal in Nicaragua, a sea level canal. Of course now the Chinese communists operate the Panama Canal and Nicaragua is run by the Communist Sandanista.
Carter had no right to give away the canal (he sold it for one dollar and agreed to pay ten million a year for the use of the canal to Panama.)
The U.S. had paid $10 million for the canal zone when that was good money, and a yearly payment of $250 grand in perpetuity.
So Trump wants to tear up the deal and take the canal back, and well he should. It was a terrible deal then and it remains a security risk for us now.
We give foreign aid to Panama. Panama enjoys some trade and other economic benefits from the U.S. which it would be a shame for them to lose. But if they don't want us around, then they can go to the Chinese instead. We can pull American companies out of Panama. We can boycott them.
Or they can sell the canal back to us at a profit, and enjoy the protection of the American military. Their choice.
Posted by: Timothy Birdnow at
09:39 AM
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