Comment by jkrioca | Hacker News Reader

Comment by jkrioca | Hacker News Reader

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This is so clear. Their excuses are for the "whole" government, not for what the process is really about. They say "She knew about everything", but they do not have anything else other than that.

They also say that what is in the process is a crime. But she just moved money from one place to another, in order to keep social programs running. Did she delay banks payments for this money? Yes, but also paying all interest rates later on as well. So it is not about getting some illegal loan, it was all about delaying payments. Same acts are and were done by other governments, including state and presidential up to today. Will they also be removed? Sure not.

Unfortunately, the reality is these people want to open up the country to external investments by means of allowing the use of natural resources by international companies. This is what being planned with, for eg., Pre-Salt layer. The new ministries which are going to take over the current ones, in case of victory, were all-in for such a bill just approved in Senate.

They are trading six of one for half a dozen of the other, playing with Constitutional mechanisms which are there to protect the country, not to be used as in a Parliamentarism system. The real problem is in the old thinking people of the lower house and Senate, owners of big amounts of lands, supporters of current great media and stealers. Just look at who started this whole process, a guy accused at the Panama Papers of laundering money in Switzerland. Who is he? The President of the lower house, Eduardo Cunha. The guy who is leading this take over. That's just stupidity to support..

> They also say that what is in the process is a crime. But she just moved money from one place to another, in order to keep social programs running.

That is just the lie that she and her party are saying to justify. What put social programs in danger was the incompetency of her government in economy.

> it was all about delaying payments.

No, it was about fiscal fraud. There is law against it.

>Unfortunately, the reality is these people want to open up the country to external investments by means of allowing the use of natural resources by international companies. This is what being planned with, for eg., Pre-Salt layer...

This and the rest are just leftist bullshit.

YES, Cunha is a thieve and a corrupt. But he was was not the sole responsible for the impeachment, 367 lower house members vote for the impeachment. Senate will vote for it too. And the supreme court is overviewing the whole process. So why don't stop this BS about the whole process being invalid because of cunha.

Did you see the vote where the 367 lower house members declared their opinion? They all were angry, hateful and voted in the names of their sons, grandsons, wife and their hometowns, and even the country. None of them stated that Dilma broke a law. A few mentioned that Dilma was "bad for the country" without being specific.

So it all boils downs to differences of opinion. That may not be a reason to impeach a president! The president was chosen by the people and the other politicians must respect the opinion of the people.

Yes, nobody is perfect and I also do not think that Dilma is very competent. But I think that Dilma does not take bribes from nobody. Temer and Cunha do.

Brazil is degrading itself from a third world country to a lawless fourth world country with the impeachment of Dilma.

We are here debating and this is really of little importance. What is important is what happens with the economy in Brazil. Do you really think that Temer and his friends will do something good for Brazil. Have you heard from them what they will do to stimulate the economy? Because cost cutting seems easy but is not. The best way out is to stimulate the economy. People must have trust to invest, to start a new business and to expand. Do you think that Temer and his friends give this trust to Brazil?

Do not forget that foreign investors are allergic for political instability. Impeaching a chosen president without a good reason is the best way to keep foreign investors away.

I used to be an investment analyst at Itaú in Brazil writing reports and modeling companies in Brazil. I spent time working in the NYC branch through which many American investors invested in Brazil. I can tell you without any reservation that while foreign investors are allergic to political instability, they are far far far more allergic to the PT, Dilma and Lula. Absolutely none of those actors have been good for getting foreign investors interested in Brazil.

Brazil's great economic fortune from the 90s through around 2008 were pretty much entirely due to the Plano Real creating a stable economic environment (ending hyperinflation) and allowing growth to take place.

Dilma's administration and economic shenanigan's directly and negatively contributed to Standard & Poor's, Fitch's and then Moody's downgrading of the country, such that many foreign investors can't even invest in Brazil any more because it's junk status. Fortunately, most debt is domestic so the threat of default is low, but it's still possible to finances to worsen and threaten that.

The only way to get out of this mess and get back on the path where the rating agencies upgrade us begins with her impeachment. No one, and I mean no one, who actually knows these foreign investors and wants them to invest in Brazil is in favor of Dilma sticking around.

>Did you see the vote where the 367 lower house members declared their opinion?

Yes, I did. It was indeed sad. All of them, pro and against the impeachment, made a shameful spectacle.

> So it all boils downs to differences of opinion. That may not be a reason to impeach a president!

No, it all boils down to : a fiscal fraud commited by the president, an economic crisis, political inability of Dilma, crescent lost of popular support.

Do you really believe that Dilma has the capacity to "do something good for Brazil" ? Dilma had 5 years to do that and the result is a inflation getting high, unemployment getting high, GDP getting low. Even Lula complained about her destroying the good things he had achieved. Sorry, but with the lower house and senate against Dilma ANYONE has more chance of that than her.

>Do not forget that foreign investors are allergic for political instability. Impeaching a chosen president without a good reason is the best way to keep foreign investors away.

The political instability are already set, the impeachment is a way to stabilize things (new elections is another).

> Impeaching a chosen president without a good reason is the best way to keep foreign investors away.

There is reason, and keep Dilma will definitely keep foreign investors away. It's the economic crisis that keep them away and she is unable to change that.

I don't believe that oil will bring so much investment these days... Specific the pre-salt layer which is really expensive to be explored

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