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To See the Real Story in Brazil, Look at Who Is Being Installed as President and Finance Chiefs
Key Excerpts from Article on Website of The Intercept


The Intercept, April 22, 2016
Posted: May 2nd, 2016
https://theintercept.com/2016/04/22/to-see-the-real-story-in...

Its not easy for outsiders to sort through all the competing claims about Brazils political crisis and the ongoing effort to oust its president, Dilma Rousseff. Brazilian oligarchs and their media organs are trying to install [current Vice President Michel Temer] as president. The New York Timess Brazil bureau chief, Simon Romero, interviewed Temer this week. His excellent article begins: "One recent poll found that only 2 percent of Brazilians would vote for him. He is under scrutiny over ... a colossal graft scandal. Michel Temer, Brazils vice president, is preparing to take the helm of Brazil next month if the Senate decides to put President Dilma Rousseff on trial." The real plan behind Rousseffs impeachment is ... protecting corruption, not punishing it. Who is going to take over Brazils economy and finances once Dilmas election victory is nullified? Temers leading choice to run the central bank is the chair of Goldman Sachs in Brazil, Paulo Leme. Today, Reuters reported that Murilo Portugal, the head of Brazils most powerful banking industry lobby - and a long-time IMF official - has emerged as a strong candidate to become finance minister if Temer takes power. Temer also vowed that he would embrace austerity for Brazils already-suffering population. Brazilian financial and media elites are pretending that corruption is the reason for removing the twice-elected president of the country as they conspire to ... literally [hand] control over the Brazilian economy (the worlds seventh largest) to Goldman Sachs and bank industry lobbyists.

Note: For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in the financial industry.


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