Hundreds Of Thousands Take To The Streets In Brazil Demanding President's Impeachment

Tyler Durden's picture

Protests are underway in Brazil as hundreds of thousands take to the streets to call for the impeachment of President Dilma Rousseff. Here's Bloomberg:

An estimated 25,000 protesters in Brasilia marched toward Congress, chanting against Rousseff and corruption, carried a long banner demanding “Impeachment Now.”

 

Rouseff monitored proceedings from her official residence, due to meet with some of her cabinet in the afternoon, said Justice Minister Jose Eduardo Cardozo.

Background:

When the world’s foremost mainstream media outlets begin to run stories with titles like: "How to Impeach a Brazilian President: A Step-by-Step Guide", you know your political career may be in trouble. 

Brazil’s Dilma Rousseff - who recently became the country’s most unpopular democratically elected president since a military dictatorship ended in 1985, with an approval rating of just 8% - faces a litany of problems, not the least of which are accusations around fabricated fiscal account data and corruption at Petrobras where she was chairwoman from 2003 to 2010. 

But beyond that, Brazil is mired in stagflation and, as Morgan Stanley recently noted, is at the center of the global EM unwind triggered by falling commodity prices, slowing demand from China, and an imminent Fed rate hike. Underscoring the depth of the economic malaise is the following graphic from Goldman which shows that when it comes to inflation-growth outcomes, it doesn’t get much worse than what Brazil suffered through in Q2. 

Now, frustrations have apparently reached a boiling point (again) and mass demonstrations are planned for Sunday. Here’s Bloomberg with more:

As allegations of corruption and incompetence swamp Brazil’s government, and plummeting commodity prices sap its economy, hundreds of thousands of angry citizens are expected to descend on central squares across the country on Sunday, posing a key test for President Dilma Rousseff.

 

This will be the year’s third mass protest against Rousseff, who is facing growing calls for her impeachment. A strong showing could help support her ouster and deepen a sell-off on financial markets.

 

The Free Brazil Movement, one of the groups organizing the demonstrations, says rallies are confirmed in 114 cities.

 

Congress is watching the turnout both to judge the support for impeachment proceedings and to measure the level of discontent in their home districts.

 

Since narrowly winning reelection last October, Rousseff, Brazil’s first female president, has embarked on an austerity program that has cost her political capital. Her popularity has plummeted to 8 percent, a record low, and more than two-thirds of Brazilians support impeachment, according to Datafolha, a polling firm. The economy in 2015 is forecast to post its worst performance in 25 years amid ongoing corruption probes into politicians and executives.

 

Rousseff has reversed herself on some popular but expensive measures such as caps on electricity and gasoline prices. The middle class that doesn’t qualify for subsidies has been hardest hit as power bills rose an average 23 percent, and more than 50 percent in some regions. Higher interest rates are restricting consumer credit, unemployment has hit 6.9 percent and inflation is rising, inching toward 10 percent.

 


 

Rousseff won election in 2010 following Luiz Inacio Lula da Silva, the central figure of the Workers’ Party. She rode his popularity for most of her first term until demonstrations in 2013 brought millions to the streets protesting corruption and spending on the World Cup hosted by Brazil last year.

 

Rousseff recovered enough to win reelection but protests in March and April took aim at her.

Renan Machado, a 29-year-old lawyer from Sao Paulo said Sunday’s rallies will be an opportunity to demonstrate the outrage shared by many Brazilians.

 

“I’m going to protest to end this wave of corruption because I can’t stand this incompetent government any longer,” Machado said.

And more from AP:

Demonstrators are taking to the streets of cities and towns across Brazil for a day of nationwide anti-government protests.

 

Sunday's protests, which were called mostly via social media by a variety of groups, are seen as a barometer of popular discontent with President Dilma Rousseff. Her second term in office has been shaken by a snowballing corruption scandal involving politicians from her Workers' Party, as well as a spluttering economy, spiraling currency and rising inflation.

 

Thousands of people brandishing green and yellow Brazilian flags streamed onto Rio's Copacabana Beach, and smaller demonstrations were under way in the Amazonian city of Belem and the central city of Belo Horizonte.

 

It was the third large-scale anti-government demonstration this year.

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Amish Hacker's picture

That's a LOT of angry citizens, but not too many to ignore.

CaptainAmerika's picture
CaptainAmerika (not verified) Amish Hacker Aug 16, 2015 12:35 PM

they ate all the propaganda too quickly and fell ill  http://www.philiacband.com/propaganda.html

TeamDepends's picture

I love the smell of napalmed socialism in the morning.

AnonymousCitizen's picture

Too bad this doesn't happen in the U.S.

notallangreenspan's picture

It will,  just give it time. People aren't hungry enough yet. 

HowdyDoody's picture

Yawn, yet another US regime change operation (Brazil is the B in BRICS)

Dame Ednas Possum's picture

Are they still pissed about Germany spanking them in the final?

Keyser's picture

Too bad the American people are not as passionate about their country... 

Bananamerican's picture

"Brazilians are authoritarians by nature...with many already calling for the return of military rule"

it's that North American/South American - Catholicism vs Protestantism thing again...

Catholic cultural influence=hierarchical organization cultures (hence, "el jefes" abound)

Protestantism=lateral organizational social structures (no "Popes") (hence, "democracies")

Unfortunately, sinners abound in both.....

sun tzu's picture

It could be due to the massive corruption with the state oil company Petrobras along with the crashing economy. 

Perimetr's picture

Another color revolution

To get rid of the B in the BRICS nations

HardlyZero's picture

Brazil can join:

Venezuela

Argentina

Peru

Cuba

PR

... getting to the bottom of it.

38BWD22's picture

 

 

SOCIALISM is at the heart of all the BRICS' problems.

But, people (voters) go for the empty promises almost every time...

KnuckleDragger-X's picture

Yep, as long as bread and circuses can be promised, corruption will be voted in and this is a socialist speciality. The people might get their impeachment, but until they quit voting for pie in the sky promises, they'll keep getting crooks running the country......

HardlyZero's picture

Once printing presses are out of control...then fiat allows anything good and bad to occur.

Over time the bad accumulates.

 

When fiat fails to deliver, even at hyper-print speed, then we go back to commodity based currency...every time.

garypaul's picture

OK, who here clicked on the article just hoping to see some bikinis

indygo55's picture

And yet only a few months ago they voted her in. Are the people are THAT stupid? Or maybe they had Diebold machines programmed at Langley.

bamawatson's picture

indy go --- or both; they are not mutually exclusive

Mayer Amschel Rothschild's picture

Like Uncle Iosip always said, "It is enough that the people know there was an election. The people who cast the votes decide nothing. The people who count the votes decide everything."

Democracy is the real opiate of the masses.

Eireann go Brach's picture

Any chance the fat Yanks can waddle their way to the city centers to voice their disdain for the idiot in the White House?

NoDebt's picture

Like Ron White says:  You can't fix socialism.

Bunga Bunga's picture

Yes, I hope socialism will fail in the US too.

Skateboarder's picture

Why you gotta blow up the figure by an order of magnitude, Tyler?

“I’m going to protest to end this wave of corruption because I can’t stand this incompetent government any longer,” Machado said.

LOL, like the next one will be any better. I guess slavery is not objected if the prezzydents are popular in public opinion.

smacker's picture

OMG: things must be serious ...

...there's space left on the Copacabana.

smacker's picture

True, but it's been 29oC today in Rio.

Dame Ednas Possum's picture

I understand also that...music and passion were always in fashion.

At least that's what that gay bloke Barry said.

Totentänzerlied's picture

Petrobras needs oil above $155/bbl just to remain cashflow neutral.

Nothing. Else. Matters.

HardlyZero's picture

Economy supporting China, like Austraila supports China.  Free ride over and their Chinese based economies will suffer greatly until they develop other productive industries.

These are the countries that go down first...and will be down the longest relative to others that may do OK for a while.  Eventually if these do not get better they will all end badly.

Josh Galt's picture

I predict many police beat downs in the favellas tonight.

New_Meat's picture

Nice day for a stroll.  Hey, let's see what's going on over there!

2thepeople's picture

The heavy hand of police/military cant be far off.......and shts gunna burn.

tarabel's picture

 

 

Gosh, a thrilling preview of the putative Hillary Clinton administration.

Where's that k-k-k-k-k guy? He loves this old bag. Or at least he used to back when he voted for her and threw a big beer bash to celebrate her victory.

Dr. Engali's picture

Meanwhile back in the U.S.S.A, people sit in front of the teevee doing nothing while the fascists ram a hot poker up their ass. Merika! Fuck yeah! We're exceptional!

Skateboarder's picture

The occupy movement, in hindsight, seems like a programmatic exercise in removing the thoughts of protest and any resulting efficacies from the minds of the commoners. It probably worked.

Kaiser Sousa's picture

u would see the same kind of demonstration in the "exceptional nation...."

 

if Direct TV and ComCast experienced a 2 hour interruption...

 

death to the MoneyChangers.

Yen Cross's picture

 Doc, the primary reason people don't stand ~up and fight, is because they don't know how to.

 They don't know where to start. Who do they contact?

 How do you enact change DOC?  I've been doing some research, and it wasn't cheap.

 Sound familiar Doc? Lobbists, favors<> grass roots.

 People are LAZY. People make excuses for their mis-forgivings. Some people are actually honest.

 I want to change things. I surround myself with highly intelligent individuals, that are " like minded".

 We pool resources, and money to make people aware. Just like what Donald Trump is doing currently.

 I love my country. It deserves better leaders.

Tucson Tom's picture

Olympic booking agencies will be cutting hotel packages back to "zero" to get people to go.Dry run for L.A. Games!

hooligan2009's picture

global solution to end the cancer that is socialism and central bank intevrentionism

abolish central banks and allow proportional representation according to the (net of benefits) taxes accumulated from the last election (personal or corporate) or charitable donations made; organize politics accordingly  - federal, local or state employees get no votes (they implemnet tax payers policies as servants of the state), as of course, neither do those who pay negative taxes or who are in jail.

Ms No's picture

When we do this we should demand impeachment of them all and immediately hold chaotic uncentralized paper ballot elections for a new SCOTUS.  We will need a new SCOTUS to try the rest of bastards for treason. It may be a good idea to identify now any attorneys, judges or scholars who have kept their oaths and maintained allegiance to the Constitution and the people, certainly they exist. Old fashioned ramshackle paper ballot elections will of course not be seen as legitimate by the state but it is symbolic and will come in handy later.   

Can you imagine their fear?

_SILENCER's picture

In addition, imagine if everyone stopped paying property tax, auto registrations, and filed EXEMPT on their W4s.

22winmag's picture

Why bother impeaching?

 

The new boss will be just like the old boss.

smacker's picture

You may be right.

I heard rumour months ago that Fernando Collor de Mello (HE who was impeached for corruption, kickbacks and money laundering) was thinking of running again. Hopefully, his private money launderer MrFixit won't be found dead in bed from multiple gunshot wounds in a hotel in Maceió this time.

Peter Pan's picture

My contacts in the Olympic movement tell me that they are facing serious problems with meeting deadlines and outcomes for the Olympic Games in 2016. Possibility of the games either being a mess or being relocated.

Maxter's picture

We always hear that for every Olympic games

HardlyZero's picture

Japan may be too hot.

Russia verboten.

Relocate to Los Angeles or Greece ?

bardot63's picture

For the moment, I'm more proud of Brazilians than Americans.

Tortuga's picture

Hey, I didn't vote for the dims.

Maxter's picture

Let me guess, the new governement they want will be more pro American.