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Lula da Silva tries to convince top US corporations and banks to invest in Brazil

Saturday, February 15th 2014 - 07:41 UTC
Full article 31 comments

Former president Lula da Silva lobbied strongly on Thursday in New York trying to convince US investors to make business in Brazil during a conference to members of the American Society and Council of Americas, which organized the event. Read full article

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  • yankeeboy

    He is a criminal and should be in jail and certainly not hawking a country.
    Someone should also tell him 11 years of past growth doesn't mean 11 years of future growth. Try looking at 50 year periods for countries it is much more telling.
    Nothing structural has changed in Brazil. Eventually all the low hanging fruit is gone.
    There are too many uneducated poor for the country ever to be considered one of the big boys.
    My guess is they will have a long bout of Stagflation.
    That's just starting now
    They'll be lucky if they don't follow in Argentina's footsteps.

    Feb 15th, 2014 - 12:28 pm - Link - Report abuse 0
  • Brasileiro

    Brazilian tourists visiting the USA by year: 2.600.000
    Spending Brazilian tourists per year: 26 billions USD
    U.S. surplus in trade with Brazil by year: 10 billions USD
    Trade Brazil / USA per year: 60 billions USD
    Estimated revenues of U.S. companies in Brazil per year: 400 billions USD
    Brazil's foreign currency reserves deposited at the Fed / USA: 360 billions USD

    Feb 15th, 2014 - 01:39 pm - Link - Report abuse 0
  • ljordao

    He might well be the most corrupt politician in the history of my country.

    Feb 15th, 2014 - 02:29 pm - Link - Report abuse 0
  • Brasileiro

    @ 3

    But he's Brazilian, not English ...

    Feb 15th, 2014 - 02:33 pm - Link - Report abuse 0
  • ChrisR

    ”Lula´s main message was you shouldn´t be afraid to invest in Brazil,”

    Because I need your money to stuff my pockets with! Who cares I am the biggest crook in Brazil? Not me anyway.

    @ 4 Brasso:

    You are without doubt the dumbest Brazilian that posts on MP. You deserve everything that is about to happen to your country.

    Feb 15th, 2014 - 03:05 pm - Link - Report abuse 0
  • Brasileiro

    @5
    Crisis is normal for us. I was born in a country in crisis, living in a country in crisis, and I will die in a country in crisis.

    No crisis has no country to survive.

    Novamente:

    https://www.youtube.com/watch?v=w8PcAqbjfns&list=FLmXPTu1f8AdGlizWNiASx2A&feature=mh_lolz

    Feb 15th, 2014 - 03:22 pm - Link - Report abuse 0
  • Captain Poppy

    Brassie that is something to be very proud of......crisis start to finish.....birth to death. What exactly is Brazil developing to be when they grow up?

    Feb 15th, 2014 - 03:28 pm - Link - Report abuse 0
  • yankeeboy

    Two steps forward Three steps back.
    Plus I'll be so happy when the Brazilians can't afford to travel to NYC any longer!
    Thank goodness they never got into the visa waiver program!

    Feb 15th, 2014 - 03:51 pm - Link - Report abuse 0
  • Brasileiro

    Health to survive the crisis.

    Feb 15th, 2014 - 03:52 pm - Link - Report abuse 0
  • Conqueror

    @2 Just coming to look at another criminal state.
    @4 Precisely. Bent as they come!
    @6 Oh good. Next week?
    @9 Don't wave. We don't care. Lulu is as bent as they come. So is Brazil. Only way I'd visit Brazil is if I could bomb it first!

    Feb 15th, 2014 - 04:55 pm - Link - Report abuse 0
  • Brasileiro

    You could try ....

    https://www.youtube.com/watch?v=A5EB6awrS1k&list=FLmXPTu1f8AdGlizWNiASx2A

    Feb 15th, 2014 - 05:05 pm - Link - Report abuse 0
  • ChrisR

    @ 11 Brasso

    What is it with you? You hate the “English” but love the Krauts?

    Laughable video, going back to the lost legion indeed, more to do with arrogance of the Romans than the fighting shrewdness of the Germanic Tribes, who like many countries in the world, including your were nothing like the present inhabitants.

    Try this for an alternative, modern day, German soldier: or should I say drunkard?

    http://www.telegraph.co.uk/news/worldnews/europe/germany/3546154/German-soldiers-too-fat-to-fight-the-Taliban.html

    Feb 15th, 2014 - 07:11 pm - Link - Report abuse 0
  • Briton

    The Americans should just say [ NUTS ]

    Feb 15th, 2014 - 07:20 pm - Link - Report abuse 0
  • Fido Dido

    The “Americans” should just say [ NUTS ]..about what? The people (sadly not the majority) are full aware that comes out of the mouth of the Federal Reserve you simply can't take serious, since it's a private central bank that represents the same zombie banks that rob us. Mr Da silva is full aware that you don't need the US private banks (who are in reality broke) that don't want to compete with Brazilian public banks, but wants more US manufacturing businesses that are investing heavily in Brazil rather than in the US. Detroit is a sad example where the US manufacturing is heading....

    Feb 15th, 2014 - 07:45 pm - Link - Report abuse 0
  • Jack Bauer

    However Lula da Silva told investors that the recent predictions by economists had been exaggerated and highlighted Brazil's growth over the past 11 years, since the ruling Worker´s Party (PT) has been in office.“
    He may be able to fool the dumb majority in Brazil, but not foreign businessmen....the latter have access to the correct information. Anything, literally anything that comes out of Lula's mouth, is pure, unadulterated s**t.. you can count on it. The biggest crook in Brazilian political history.
    @2 Brasileiro , you post information ...and ?? you are incapable of interpreting it, aren't you, asshole ?? well, let me do it for you ::

    ”Brazilian tourists visiting the USA by year: 2.600.000
    Spending Brazilian tourists per year: 26 billions USD“

    this means that smart tourists, who know how to spend their cash efficiently, do NOT take vacations in Brazil..it's too f*****g expensive !! shitty little hotels in Rio are going to charge US$ 1,000.00 per night for a cockroach-ridden room with no airconditioning. During the World Cup , I'm going to the US, to get away from all this shit, something YOU, asshole, will never be able to do.
    @4..”But he's Brazilian, not English” ....you hit the nail on the head ! Lula IS a Brazilian....unfortunately....and as ignorant and corrupt as they come ! (no offense to the hard-working, honest Brazilians...a dying breed, but they DO exist.)

    Feb 15th, 2014 - 08:23 pm - Link - Report abuse 0
  • Conqueror

    @14 An interesting question. Are you stupid and uneducated or are you lying?
    https://en.wikipedia.org/wiki/Federal_Reserve_Bank
    Quotes: “They are organized much like private corporations—possibly leading to some confusion about ownership.”
    “... the ”ownership“ of the Reserve Banks by the commercial banks is symbolic; they do not exercise the proprietary control associated with the concept of ownership nor share, beyond the statutory dividend, in Reserve Bank ”profits.“ ... Bank ownership and election at the base are therefore devoid of substantive significance, despite the superficial appearance of private bank control that the formal arrangement creates.”
    “The Federal Reserve Banks issue shares of stock to member banks. However, owning Federal Reserve Bank stock is quite different from owning stock in a private company. The Federal Reserve Banks are not operated for profit, and ownership of a certain amount of stock is, by law, a condition of membership in the system. The stock may not be sold or traded or pledged as security for a loan; dividends are, by law, limited to 6% per year.”
    Then there's the Federal Reserve System:
    “The legislation that Congress ultimately adopted in 1913 reflected a hard-fought battle to balance these two competing views and created the hybrid public-private, centralized-decentralized structure that we have today.”

    Feb 16th, 2014 - 10:23 am - Link - Report abuse 0
  • LatAmBurgher

    What, is the full duration of his sales pitch gonna be shown on Comedy Central or something? Maybe they'll bump him up to the late night circuit, with Letterman and Kimmel and the like...

    Feb 16th, 2014 - 01:19 pm - Link - Report abuse 0
  • Tik Tok

    Lula on the back of strong commodity prices presided over the biggest opportunity Brazil could ever have to make a great leap for all Brazilian society, and he f**ked it up. Now the chickens are coming home to roost regarding the overall inept and unsustainable PT bollox policies. Brasileiro defending this crook you should be ashamed.

    Feb 16th, 2014 - 07:59 pm - Link - Report abuse 0
  • Jack Bauer

    @18, tik-tok, the Brasileiro is too stupid to feel ashamed....as far as the Lula turd is concerned, hope the mother f****r goes to visit his buddy, Hugo Chavez, the sooner the better....

    Feb 16th, 2014 - 10:04 pm - Link - Report abuse 0
  • JoseAngeldeMonterrey

    Brazil needs to open it´s markets and stay away from partners the likes of Venezuela and Argentina. Investors are looking at those countries now and don´t see Brazil coming out in favor of protecting private investment, on the contrary, they see Dilma befriending populists and demagogues with a history of no respect for investors.

    Feb 16th, 2014 - 10:27 pm - Link - Report abuse 0
  • ilsen

    On a lighter note I would just like to point out that in the UK;
    Brasso (TM), is a metal polish designed to remove tarnish from brass, copper, chrome and stainless steel. It is available either directly as a liquid or as an impregnated wadding pad.

    So, Brasso (6 Brasileiro et al.) is therefore just an impregnated wad useful only buffing-up something that is cheap and already tarnished....
    lol!
    I shall from now on only refer to “Brasileiro” as that
    “impregnated wad” ©Ilsen 2014

    But feel free to use it, pmsl!!!!!!!!!!!!!!!!!!!!

    Feb 16th, 2014 - 10:29 pm - Link - Report abuse 0
  • ChrisR

    @ 21 ilsen

    Was I not the first to use “Brasso”? :o)

    Feb 17th, 2014 - 10:20 am - Link - Report abuse 0
  • Brasileiro

    @ 21, 22
    So Brasso is very successful in England! English have a lot of shit to clean.

    Feb 17th, 2014 - 10:29 am - Link - Report abuse 0
  • Captain Poppy

    #21 Brasso is a major product in the US military as well. However, that being said, this is why I prefer to refer to it as Brassie and not Brasso. Brasso is useful.

    Feb 17th, 2014 - 10:54 am - Link - Report abuse 0
  • Brasileiro

    @24

    U.S. Military. Another one that just makes shit.

    Feb 17th, 2014 - 11:23 am - Link - Report abuse 0
  • ilsen

    @22 Chris R
    quite possibly! I have no idea!
    It just occurred to me. With consideration I suppose it is not so original after all, just like that impregnated wad, Brasso!
    Boom, boom!

    Feb 17th, 2014 - 12:19 pm - Link - Report abuse 0
  • Captain Poppy

    Considering the growing mess with the World Cup:

    http://www.theguardian.com/world/2014/feb/16/brazil-world-cup-disaster-delays-protests-deaths

    and:

    http://www.theguardian.com/world/2014/feb/16/brazil-world-cup-disaster-delays-protests-deaths

    or

    http://www.theguardian.com/world/2014/feb/16/brazil-world-cup-disaster-delays-protests-deaths

    Just one more. There are just too many to paste:

    http://www.theguardian.com/world/2014/feb/16/brazil-world-cup-disaster-delays-protests-deaths

    The OCOG still has time to back out of the 2016 Olympics....what a nightmare it's going to be!!!! Lulu should be asking for construction workers and Engineers.

    Feb 17th, 2014 - 02:46 pm - Link - Report abuse 0
  • Jack Bauer

    I referred to THIS Brazilian asshole as “Brazzo”, some two or three weeks ago....no invention of mine, just a term commonly used here by foreigners. I know a lot of Brazilians, in all social layers, and most are decent people - have also come across one or two, similar to this moron ...just steer clear of them....especially the PeTistas who idolize Lula and his successor, TFBOB ....

    Feb 17th, 2014 - 09:32 pm - Link - Report abuse 0
  • Brasileiro

    DILMA 2014
    LULA 2018
    LULA 2022

    Bye bye PSDB!

    Feb 18th, 2014 - 11:25 am - Link - Report abuse 0
  • ilsen

    BRASILEIRO you are quite, quite mad.

    Feb 18th, 2014 - 12:16 pm - Link - Report abuse 0
  • Jack Bauer

    @29, a reaction to be expected from a lowlife PeTista like THIS Brazzo....he IS a complete turd....doesn't even have the brains to defend himself when being “attacked”....a real pussy.
    And to end on a happy note : Lula : b.1945 - d. 2014
    No harm in wishing !

    Feb 18th, 2014 - 10:31 pm - Link - Report abuse 0

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