Friday, March 27, 2009

Brazil’s leader blames white people for crisis


By Jonathan Wheatley
Published: March 27 2009 00:27 Last updated: March 27 2009 00:27


Brazil’s President Luiz Inácio Lula da Silva on Thursday blamed the global economic crisis on “white people with blue eyes” and said it was wrong that black and indigenous people should pay for white people’s mistakes.


Speaking in Brasília at a joint press conference with Gordon Brown, the UK prime minister, Mr Lula da Silva told reporters: “This crisis was caused by the irrational behaviour of white people with blue eyes, who before the crisis appeared to know everything and now demonstrate that they know nothing.”


He added: “I do not know any black or indigenous bankers so I can only say [it is wrong] that this part of mankind which is victimised more than any other should pay for the crisis.”
Mr Brown appeared to distance himself from Mr Lula da Silva’s remarks. “I’m not going to attribute blame to any individuals,” he said.


Mr Brown was visiting Brazil as part of a five-day tour of Europe, the US and South America in preparation for the G20 summit to take place in London next Thursday. He made a joint appeal with Mr Lula da Silva for the world’s biggest economies to provide $100bn to boost global trade.
“I’m going to ask the G20 summit next week to support a global expansion of trade finance to reverse a slide in world trade,” Mr Brown said.


Mr Lula da Silva also spoke out strongly against raising trade barriers in response to the global crisis. “I compare protectionism to a drug,” he said. “Why do people use drugs? Because they are in crisis and they think the drug will help them. But its effects pass quickly.”
The two leaders’ remarks demonstrate the desire each will have to secure the other’s support during the G20 meeting.


Brazil – which has long campaigned unsuccessfully to be given a permanent seat on the United Nations Security Council – will argue for a bigger voice for Brazil and other emerging nations in multilateral organisations such as the International Monetary Fund and the Financial Stability Forum, a group of central banks and national supervisory authorities established in 1999.
Brazil is one of many nations calling for increased regulation of global financial markets and greater powers for multilateral regulators.


It will also call for a resumption and conclusion of the Doha round of talks at the World Trade Organisation.


In return for supporting such initiatives, Mr Brown will expect Brazil to endorse calls for fiscal stimulus in a bid to mitigate the impact of the global crisis, such as the proposed $100bn in trade finance.


Copyright The Financial Times Limited 2009

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O's Foreign Failures


By RALPH PETERS
AMERICA'S enemies smell blood and it's type "O."
All new administrations stumble a bit as they seek their footing. But President Obama's foreign-policy botches have set new records for instant incompetence.
Contrary to left-wing myths, I wasn't a fan of the Bush administration. (I called for Donald Rumsfeld to get the boot in mid-2001.) But fair's fair. Despite his many faults, Bush sought to do good.
Obama just wants to look good.
Vice President Dick Cheney was arrogant.
Vice President Joe Biden is arrogant and stupid.
Take your pick.
Don't worry about the new administration's ideology. Worry about its terrifying naivete.
Consider a sampling of the goofs O and his crew have made in just two months:

China: Secretary of State Hillary Clinton (you know that gal married to the Saudi hireling) crawled to Beijing to tell the party bosses that human rights don't matter. Our "relationship" is more important than freedom and human dignity. Beijing's response? A staged military confrontation with an unarmed US Navy vessel; continued screw-America currency cheating; a renewed crackdown on dissidents and, yesterday, a call for a new global currency to replace the dollar. Thanks, Hill. You're a sweetheart.

Pakistan: With viral corruption throughout and Islamist fanatics sweeping half of its territory, Pakistan's coming apart. Its Dem-adored prez tries to ban opposition parties and gut the judiciary. It has nukes and seethes with hatred of America. And Islamabad controls our primary supply route into Afghanistan, using it as an extortion tool. Obama's response? Billions in new aid for Pak pols to pocket. We'd be better off handing the money to AIG to pay out more bonuses.
Afghanistan: Obama's Vietnam. Am I the only American who remembers that candidate Obama had a plan to capture Osama bin Laden and fix our previous "mistakes" in Afghanistan? President Obama doesn't have a clue.

Iran: Obama tried to reach out, to talk. After all, talking got him to the White House. But America-bashing is what keeps Iran's leaders in office, it's their political essence. After 30 years of fierce hostility, hasn't anyone figured out that the senior mullahs need us as an enemy? Without the Great Satan America to blame, they'd have some real explaining to do to their homies. So O got the left-hand finger. He wanted to chat with the Taliban, too. They told him he could stick it where the sun don't shine.

North Korea: Obama wanted a fresh start. North Korea's response? Threats of war with South Korea and the kidnapping of two American journalists. And the renewed pursuit of weapons of mass destruction, along with rocket tests.

Cuba: Obama would like to liberalize our relationship. The Castro boys told him to kiss off. They need an enemy, too. (Dear Mr. President: It's not always about us or how evil America is.)
Venezuela: Guess who else needs an enemy?

Mexico: The good news: Obama knows where it is on a map and recognizes that Mexico's government faces a narco-insurgency that threatens our country, too. His first action? Cave to the Teamsters, violate a lawful treaty on cross-border trucking, reignite fading anti-Americanism and undercut President Felipe Calderon.

Poland: Obama's stance on our bravest ally on the European continent? The Russians are more important than you are. He's sending the same message to Ukraine and Georgia.

Russia: Bolshie Biden, the commuting commissar, knows he's the man who can turn Russia into our best pal. After "Friend of Bill" Strobe Talbott tried and failed disastrously. And after poor W saw into Putin's soul, only to get his butt handed to him. "Uncle Joe" Biden has nothing to learn from past failures, though: He's got a re-set button. Moscow's response to the Obama administration's bid for a new start? It threatens NATO members it once occupied and continues to back Iran's nuclear program. Plus, it bribes Kyrgystan to kick us off the critical-to-Afghanistan Manas airbase (then offers to help replace that supply lifeline, giving Russia a choke-hold on our troops). Next, the Kremlin threatens massive re-armament and demands the abandonment of the dollar as the international reserve currency. Obama's response? Push that re-set button again. And again. At what point does naivete become cowardice?

As for our allies, Obama apparently needs them less than Bush did.

O treated Britain's prime minister like the deputy Paraguayan veterinary inspector, and he blindsided the leaders of the Czech Republic, Poland, Mexico and Canada on issues ranging from missile defense to trade. But he'd like them to take the Gitmo terrorists off our hands, please.

The one bright spot thus far has been Iraq, where Obama quickly tossed aside his campaign promises. The O-man doesn't want to be on the blame-line for snatching defeat from the jaws of victory in Baghdad. And his MoveOn.org supporters can throw all the tantrums they want. (Breaking news, folks: O's a professional pol, not the messiah . . . ) Apart from Iraq a success Sen. Obama did all he could to prevent his foreign policy's an instant wasteland.

By comparison, the Carter administration is starting to look like a model of manly strength, courage and patriotism.