And when the OAS under a really brave secretary basic, Luis Almagro, attempts to bring the institution towards recognizing that Venezuela is no longer in compliance with the Inter-American Democratic Charter, he is not getting the full assistance of the hemisphere, and certainly much of the Caribbean Basin has actually not supported that. And if you line up the votes, who voted in favor and who stayed away, you can do a quite simple one for one comparison based upon who is a member of Petrocaribe. And so the ramification of your concern I believe is area on, you know, and that is why I believe when we discuss the Caribbean in Washington, oftentimes we think of it in the context of, you know, island nations or programs or social advancement, and all of these are really, very essential issues.

And the dividends settle down the roadway when Venezuela itself remains in the spotlight of the global community. Then they have pals that they can rely on and it pays dividends for them - How to owner finance a home. So I believe that at the end of the day that is a lesson frankly that we can find out, and I believe we can build toward reversing that course. Ms. Yearwood. I concur 100 timeshare cancellation percent with Eric. Venezuela stepped in at a time that was very crucial for much of the region and now the region is really much paying the rate, whether it is in debt or other locations associated with votes and other requirements that they do as a result of the-- Mr.

Increased expenses in energy too now. Ms. Yearwood. Sorry? Mr. Sires. A boost in the expense of energy also. Ms. Yearwood. Oh, absolutely, absolutely. Therefore I believe to the point, we are at a crucial juncture now with the cost of energy being what it is with the U.S. energy supply going up and the area taking a look at methods to increase sustainable energy, whether it is through natural gas or getting the region less based on Petrocaribe and able to make these switches to new types of energy is going to make a substantial difference. Mr. Sires. See, I don't believe things take place by accident.

The other issue that I have is the substantial boost of China in this region. You understand, we appear to be put to a lull of sleep or something since everyone seems to relocate and then we timeshare loan react. And we don't appear to catch these things up until something like this takes place, you know, like Venezuela. So unfortunately, you know, considering that I have been here we have actually been pushing-- and I know Mr. Meeks and the other members that are here, you know, this is a crucial area for us. It is a crucial region for America and we actually should concentrate.

They are going to go through the Panama Canal and they come in and they throw money, you understand, at these little countries, which in reality they can't afford not to accept the cash. So just how much of influence is there now of the Chinese? And I know it is growing, however-- Ms. Yearwood. The Chinese impact, it is really extremely interesting to see the method China has actually sort of come into the area and the types of tasks. Often it is a sports arena - How old of an rv can you finance. I believe the recent, the Baha Mar debacle in the Bahamas, you have seen the Chinese Government come in in such a way that the U.S.

If a Chinese designer enters into a nation in the region they have the Chinese funding and the Chinese Government behind them. Mr. Sires. And the staff members. Ms. Yearwood. And the staff members. Therefore you have successfully got a bundle that the U.S - How old of an rv can you finance. can not-- the Foreign Corrupt Practices Act and all sorts of other factors, the U.S. can not compete in terms of the types of financial investment that they are able to take in without kind of needing to do the due diligence behind it. And it is extremely welcome in a lot of places, but what Baha Mar has actually revealed us is that it can create a really tight spot for the nations where they go.

Farnsworth. I believe Sally raises a truly intriguing and important point in this context. Trade credit may be used to finance a major part of a firm's workin.... You know, the Chinese or Venezuelan design is a state-led model, so the capital of the nation, the leaders in the nation can say this is what we are going to financial hole do. We are going to create Petrocaribe or we are going to construct a sports arena or we are going to state that we are going to develop these jobs, whereas the U.S. design is private sector-led design. And the disconnect here is that we are dealing with smaller sized economies, island countries, and in contrast of other financial investment opportunities in other nations in Latin America, much less worldwide, these are economies that usually aren't going to draw that large financial investment other than in a couple sectors like tourist like we have actually been discussing. What the onus has to be is to discover methods to clear and establish a seamless economic area in between the U.S. and the Caribbean so that private sector capital can work. There are chances. Lastly, I would say that the Caribbean is ending up being a a lot more complex location because of the modifications in policy toward Cuba, the cross-cutting trade agreements such as CAFTA, et cetera, and we need to think about the Caribbean now in a broader sense. In regard to Haiti, I believe very important is its continued integration with the English-speaking Caribbean, since these are well established democracies and it is an economic area which holds opportunities for Haiti and there is now rather a lot of Caribbean financial investment going into Haiti and vice versa.