TX_COWDOC said:
I've been reading Theodore Rex which covers Teddy's presidency. After listening to all it took to get the deal done over 100 years ago, it blows my mind that we were going to give it away.
So as someone who has lived in Panama 25+ years, Cliff Notes version:
French first tried to build it and failed because De Lesseps thought he could build it just like Suez.
U.S. built it 1903-1013. Incredible engineering achievement.
U.S. controlled Canal Zone right through middle of Panama and Panamanians not allowed to enter.
Over several decades Panananians more and more resented the U.S. dividing their country like a Berlin Wall. The U.S had a LOT of military bases and troops in Panama. Was costly and a growingly hostile local population more and more becoming a pain in the ass.
In 60's finally things got really violent and Panamanian university students jumped the wall. Several were killed by U.S. marines and some marines also killed.
That growing problem and expense, the U.S. wanting to get out of 'Imperial Rule' business…1977 treaty.
Nobody really wants to reset the clock to the 1960s again. Having a Canal surrounded by 4 million angry Panamanians and the U.S. thus having to station and pay for tens of thousands of troops here to protect it. No…not even the Trump administration if you read between the lines.