We'll be back.It is a little odd that such extreme levels of political instability have received relatively little attention, given that Brazil is the fifth most populous country in the world, it’s the eighth largest economy, and whatever happens there will have reverberations for all sorts of markets and countries, including the United States. The situation in Brazil is actually fairly complicated, much more so than the small amount of media attention devoted to it in the U.S. has suggested.
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[I]t is the case that the Brazilian political class and [the] highest levels of its economic class are rife with very radical corruption. That has been true for a really long time. [...] Remember, Brazil is a very young democracy. It only exited military dictatorship in 1985. And so you finally have the maturation of [the] institutions applying the rule of law. And so, for the first time, political and economic elites are being held accountable for very serious political and economic corruption. The corruption is pervasive in essentially every influential political faction in Brazil, including all of its political parties.
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[T]here’s been a—what has been, until recently, an impressive judicial investigation that has resulted in the arrest and prosecution of some of the country’s richest and most powerful figures—something that you would never see in the United States—billionaires being hauled off to jail for bribery and money laundering and tax evasion and corruption, and sentenced to many years in prison. And virtually every political opponent of President Rousseff is implicated by this corruption, and many of the people in her party are, as well.
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President Rousseff herself is [...] one of the only significant politicians in Brazil not to be implicated in any sort of corruption scheme with the objective of personal enrichment. Everyone around her, virtually, including those trying to bring her government down and accuse her of corruption and impeach her, is implicated.
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[A]t the same time as you have this massive corruption investigation, you also have an extremely severe economic recession, as the result of lowering gas prices and contraction in China and a variety of other factors. [...] [Until 2008-2010, millions] of people were being lifted out of poverty. And what this recession has done has been essentially to reverse all of that and to reimpose huge amounts of suffering, borne primarily by Brazil’s lower and working classes. And so there’s an enormous amount of discontent and anger towards President Rousseff and towards her Workers’ Party.
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[W]hat you [...] see is this young democracy in Brazil that is now being threatened as a result of this [threatened impeachment- an] opportunistic and exploitative attack on the part of the country’s richest media outlets and richest factions to essentially undo the result of four consecutive democratic elections by trying to remove a democratically elected president—she was just re-elected in 2014—on totally fictitious grounds of pretext.
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[T]he more they’ve investigated, the more people have turned state’s evidence, the more corruption has been discovered, to the point where even if you now do impeach Dilma, it’s almost impossible to envision somebody who could take her place who isn’t far more implicated in that corruption than she is.
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You can’t really understand Latin American politics, in general, and the ongoing instabilities and difficulties that almost every country in South America is still plagued by without talking about the central role that the United States has continuously played for decades in trying to control that part of the hemisphere.
In Brazil, like in so many countries, they had a democratically elected government in early 1960s, which the United States disliked because it was a left-wing government—not a communist government, but a left-wing government—that was devoted to the distribution of wealth for the social welfare, for opposing United States’ capitalistic interests and attempts to interfere in Brazil. And the Brazilian military, in 1964, staged a coup [supported by the US] that overthrew that democratically elected government, and proceeded to impose on Brazil a really brutal military dictatorship that served the interests of the United States, was allied to the United States for the next 21 years.
Glenn Greenwald
...but hey, do what you want...you will anyway.
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