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More Popular Than Ever, Brazil's Lula Grants God Brazilian Citizenship PDF Print E-mail
Written by Newsroom   
Tuesday, 23 September 2008

Smiling Lula On the campaign trail for the coming municipal elections in Brazil next October, Brazilian President, Luiz Inácio Lula da Silva, underlined the activities of his administration since he took office in January 2003 by saying: "God has publicly admitted that he's Brazilian."

Campaigning for Marta Suplicy from the ruling Workers Party (PT) to  mayor of Brazil's powerhouse São Paulo city, the Brazilian leader joked that "God has publicly admitted he's Brazilian, and since Lula is around I'll be staying a little bit more."

Lula promised during the political rally that Brazil "will become more independent" with all the mega oil fields discovered in the Santos basin offshore Rio do Janeiro and São Paulo, estimated in over 50 billion barrels of oil and gas.

In the same joyful tone the former metal union leader added that the Brazilian economy has grown "so much and so fast" that there's shortage of qualified manpower so when "I leave office they can contract me again as a lathe operator".

However he also attacked the opposition, incumbent São Paulo mayor Gilberto Kassab, who's running for re-election, "during day time they criticize me but at night they distribute pamphlets with my photo; they are not acting politically, they are opportunists".

The fact is that given the high popularity rating of Lula several candidates from other parties in different cities have identified themselves with his administration.

For example, another São Paulo city candidate, Geraldo Alckmin, who belongs to the party of former president Fernando Henrique Cardoso and was defeated in the presidential race by Lula, came out with a television spot saying: "With Lula all is fine; the problem is the Workers Party". Marta Suplicy leads in the opinion polls and Kassab and Alckmin are tied as runner ups.

Lula's administration broke all support records since taking office in 2003, according to a public opinion poll released this Monday, September 22, by Instituto Sensus. When taking office, the Brazilian president public support stood at 56.6% and last April (five years later) had reached 57.7%, but has since gained another eleven points and has reached 68.8%, with only 6.8% negative evaluation.

As to the president's personal standing, it has soared to 77.7%, just below his highest in March 2003 with 78.9%.

"Lula has achieved the highest popularity ratings of a Brazilian president since we began with opinion polls in 1998", said Sensus CEO Ricardo Guedes. The popularity is strongly cemented on the "good performance of the economy and the social programs".

Presidential popularity has become the main asset for the municipal elections of next month with 44.1% of voters saying they are willing to vote for the candidate Lula supports. "He attracts votes and has the capacity to transfer them also," added Guedes.

The Sensus poll involved 2.000 interviews from September 15 to 19 with a margin error of 3 percentage points. Interviews also showed 73.82% of Brazilians expect improvements regarding jobs, income, security, health and education.

Mercopress

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Whooaaaaaaa ! More insane than ever !
written by CH.C., September 23, 2008
Robin the Crook already said once that only God could have done a better job than him.
Fact being that even a monkey would have done better than Lula !
a) lowest economic growth rate of the Mercosur members : Brazil
b) lowest economic growth rate of the BRIC members : Brazil
c) World highest interest rates after inflation since 2003 : Brazil
d) Close to worst country for crimes : Brazil
e) World highest interests rates charged to consumers : Brazil
f) Who is ranked 3rd of 4th for the lowest economic (6 years average) growth of ALL emerging nations : Brazil
g) Who has as much poverty than Brazil based upon its GDP per capita : NO ONE !


And Robin the Crook is...PROUD OF WHAT HE DID !!!!!

In my view, God is NOT proud of Lula the cheater and liar !
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CH.C
written by VinnyCarioca, September 23, 2008
RE: Robin the Crook already said once that only God could have done a better job than him.
Fact being that even a monkey would have done better than Lula !
a) lowest economic growth rate of the Mercosur members : Brazil
b) lowest economic growth rate of the BRIC members : Brazil
c) World highest interest rates after inflation since 2003 : Brazil
d) Close to worst country for crimes : Brazil
e) World highest interests rates charged to consumers : Brazil
f) Who is ranked 3rd of 4th for the lowest economic (6 years average) growth of ALL emerging nations : Brazil
g) Who has as much poverty than Brazil based upon its GDP per capita : NO ONE !


You forgot one:
h) Who's "riding the coat tail" economic prowess would not exist if my country's (U.S.A.) leaders did not inflate housing, debase the dollar, than, spend 1 Billion of my debased tax dollars (if passed by congress) to save the global financial system from collapse (so they claim) ? : Lula
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Looks like God needs my tax dollars also
written by VinnyCarioca, September 23, 2008
Brazil's Real Slumps on Concern U.S. Bailout Plan May Stall

By Adriana Brasileiro

Sept. 23 (Bloomberg) -- Brazil's real weakened for the first time in three days on concern the $700 billion U.S. government plan to rescue financial institutions may stall in Congress.

``Brazil is a very liquid market and it has an important weighting on emerging market portfolios, so it's very sensitive to changes in risk perception,'' said Regis Abreu, who helps manage about $1.1 billion in assets at Mercatto Gestao de Recursos in Rio de Janeiro.

The real fell 2 percent to 1.8394 per dollar at 3:51 p.m. New York time, after most trading in Brazil had ended, from 1.8032 yesterday. Earlier, the real slumped as much as 2.7 percent to 1.8517. Brazil's real is the biggest decliner among the 16 most-actively traded currencies this month against the dollar, losing 11.3 percent.

The yield on Brazil's zero-coupon bonds due in January 2010 rose 6 basis points, or 0.06 percentage point, to 14.94 percent, after rising as much as 15 basis points earlier. The yield on the overnight futures contract for January delivery rose 3 basis points to 14.07 percent.

Local stocks also dropped as falling commodity prices reduced demand for Brazilian assets. Much of the country's foreign-currency inflows come from exports of products such as iron ore, coffee and soybeans, Abreu said. The Bovespa index declined as much as 4.4 percent. Lower commodity prices and slower world growth may also hurt the earnings prospects for basic material producers and retailers.

Federal Reserve Chairman Ben S. Bernanke and Treasury Secretary Henry Paulson warned the U.S. Congress that failure to pass the rescue plan would threaten markets and the U.S. economy.

Commodity Index

The UBS Bloomberg Constant Maturity Commodity Index fell 1.7 percent today to 1360.375 and is down 20.6 percent from a July 3 high.

Brazil's current account deficit may widen to a 10-year high in 2009 as slowing global economic growth, falling commodity prices and the U.S. financial crisis will crimp demand for the country's exports, Altamir Lopes, head of the central bank's economic research department, said in Brasilia today.

The deficit in the current account, the broadest measure of trade in goods and services, will widen to $33.1 billion next year, up from $28.8 billion in 2008, according to central bank estimates released today in Brasilia.

Brazil's country risk premium will rise ``after the storm,'' Raymond James & Associates Inc. economist Mauricio Rosal wrote in a report today.

Credit Default Swaps

The firm said it's revising Brazil's five-year credit default swap forecast to 190 basis points from a previous estimate of 110 basis points for 2008 and 2009, predicting that credit conditions will remain tight in the medium term.

``We expect dented capital of financial institutions in developed economies should translate into dire lending conditions at both mature and emerging markets, driving up Brazil's risk premium to somewhere between pre-crisis levels (around 110 basis points) and a 2007-2008 peak attained last week (250 basis points),'' Rosal wrote.

Five-year credit default swaps based on Brazil's debt rose 4 basis points to 167 basis points today, according to Bloomberg data. That means it costs $167,000 to protect $10 million of the country's debt from default.

Credit-default swaps, contracts conceived to protect bondholders against default, pay the buyer face value in exchange for the underlying securities or the cash equivalent.

Rosal also revised the estimate for the real's exchange rate to 1.71 per dollar from 1.60 per dollar for 2008 and 1.86 for 2009, from a previous estimate of 1.79 per dollar.




The proposed $700 Billion (which tells me it's over 1 Trillion) is very unpopular and is stoking severe anger here in the U.S.A. It is the epitome of fraud and rewarding irresponsibility. Ching ching Lula. Keep mocking the "super brains" of Wall Street. They are the ones whom picked the pockets of honest, hard working American taxpayers so you can stay afloat.
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Worst Cover Story of the Year for VEJA:How Ironic
written by Ric, September 23, 2008
Last week´s issue, which would have hit the southern newsstands over the weekend of the fourteenth/fifteenth: O Brasil Resiste de Maneira Inédita aos Choques da Crise Externa e Festeja o Aumento do Crescimento e o Récorde nos Investimentos.

That was Sunday. Then came Monday........

In the Amazon it shows up Sunday night at the major airports and Monday on the news stands. Had a short half-life....
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Ric
written by João da Silva, September 23, 2008
What exactly is the correct (and powerful) translation in English for the following sentence?

Tudo mundo esta tirando o Cú da reta.

Would appreciate your response. smilies/wink.gif
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To Vinnycaricoca ü
written by CH.C., September 23, 2008
strange that you are an american with a name such as Vinnycarioca !
Better yet, I wonder if you are not a Brazilian.
Why ?
Only a Brazilian with average education (meaning a SP University degree.... found in a detergent pack) is mixing
billion and trillion.

Yes dear junkiecarioca you wrote "spend 1 Billion of my debased tax dollars (if passed by congress)" instead of 1 trillion !

Finally in my listing I could have made it longer than the alphabet allows. I just pointed a few facts within many more.
Such as education where Brazilians themselves rank Brazil 46th out of 50 ! Or where else in the World other than Brazil, the majority of youths aged 15-24 are dying due to violent deaths ? Another Brazilian WORLD RECORD !!!!!!!!!

And on education let me underline that another test made by Jornal Hoje (Brazilian to my knowledge) ranked Brazil
34th out of.....34 !!!!!

And last but not least :

- what is the country with the most cars & with the least overall paved roads : Brazil !!!
Yesssss.....as per World CIA fact book, Brazil has 6 % of paved roads !

- What is the country with similar GDP than Brazil and has only 6 % paved roads ? NOOOOOOOO ONE !
Reality being than many many poorer countries than Brazil have FAR MORE paved roads.

I could continue on and on and on...for hours !

Viva Brazil ! Viva Robin the Crook, the only Robin on earth taking FROM the poors and give to the minority elite riches !!!!!

I just wish someone could prove me wrong !
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...
written by OBSERVER, September 24, 2008
...would God allow 45,000 murders a year, 10% by some estimates of world total smilies/angry.gif smilies/angry.gif
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...
written by Ric, September 24, 2008
I think it means everyone is getting out of the way so as not to get involved.
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...
written by aes, September 24, 2008
Lula's administration broke all support records since taking office in 2003, according to a public opinion poll released this Monday, September 22, by Instituto Sensus. When taking office, the Brazilian president public support stood at 56.6% and last April (five years later) had reached 57.7%, but has since gained another eleven points and has reached 68.8%, with only 6.8% negative evaluation.

It all depends who you ask.
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