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Rousseff pledges to reduce budget deficit; denies Levy was stepping down

Thursday, September 3rd 2015 - 07:21 UTC
Full article 25 comments

President Dilma Rousseff vowed on Wednesday to take new measures to reduce the deficit her administration is projecting for 2016, without ruling out more spending cuts and additional taxes in Brazil. The 2016 budget unveiled on Monday projected Brazil’s first-ever primary fiscal deficit, before payment of interest on the national debt, sparking controversy. Read full article

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  • ChrisR

    Levy seems to be an honourable man and is clearly doing his best under the most difficult of circumstances, not least of which is trying to stop DumbAss Dilma from fucking Mr Market again.

    This woman will never learn that Mr. Market could be her saviour if only she did all the things Levy has suggested.

    The problem there of course is that payments to the idle bastards would have to stop and that would erode her voter base to extinction.

    Sep 03rd, 2015 - 11:16 am - Link - Report abuse 0
  • Terence Hill

    1 ChrisR
    It's not quite a simple as you portray the issue. Levy and Rousseff are caught between what should be done, and what the Senate and Congress will permit to be done.
    Brazil Congress Defies Rousseff by Boosting Pension Payments ...
    http://www.bloomberg.com/news/articles/2015-07-08/brazil-senate-boosts-pensions-and-sets-up-showdown-with-rousseff
    Brazil's Rousseff suffers fiscal setbacks in Congress | Reuters
    http://www.bloomberg.com/news/articles/2015-07-08/brazil-senate-boosts-pensions-and-sets-up-showdown-with-rousseff

    Sep 03rd, 2015 - 12:55 pm - Link - Report abuse 0
  • Tik Tok

    And therein lies the problem of Brazil, too many festering vested interests to pander to so they never get anywhere. Needs solid reform, and the pain will be very hard for a time, but a country like Brazil might finally be the country of the future. Needs a party to win power and then make the changes, they'll never get back in power again though. I can only dream.....idiot socialist won't do jackshit, they like the baubles of office.

    Sep 03rd, 2015 - 01:36 pm - Link - Report abuse 0
  • Eurgringo

    Increasing the minimum wage by a further 10% in 2016 is also lunacy in the current environment and will just feed inflation further.
    Brazil largely escaped the effects of the 2008 Lehman crisis but now the chickens are coming home to roost.

    Sep 03rd, 2015 - 03:37 pm - Link - Report abuse 0
  • Terence Hill

    3 Tik Tok
    “Needs a party to win power and then make the changes”, while I can agree in principle. The PT a was a minority party that has to rely on a shaky conditional coalition. So a party would have to hold a solid majority in both the Senate and Congress to be in such a position to be able implement what you suggest.
    4 Eurgringo
    The current global economic malaise is in part a continuum of the 2008 Lehman crisis. As it wasn't properly dealt with in the first place and was “papered over”. But, regardless such conditions usually occur in seven year cycles, so we were due for one.

    Sep 03rd, 2015 - 05:39 pm - Link - Report abuse 0
  • Jack Bauer

    “ The administration presented a budget with a deficit with the idea of being “transparent” and showing that the economy “clearly has problems,” Rousseff told reporters”...
    “Transparent ” ?? A little bit late for that !! Why wasn't she as “transparent” in September 2014 ?? Now she talks of cutting costs, but is doing too little, too late, and is still not addressing the real problems.

    Sep 03rd, 2015 - 05:44 pm - Link - Report abuse 0
  • ChrisR

    @ 2 Terry Hillock

    The solution I proposed is a valid one and can be done, it's just difficult to arrange.

    I am sure a way can be found, even if she has to rule by decree, whether it's in the constitution or not: she is a commie after all.

    Sep 03rd, 2015 - 05:55 pm - Link - Report abuse 0
  • Terence Hill

    7 ChrisR
    Are you for real? “..even if she has to rule by decree,..” Even if she wished too, constitutional restraints would render such action null and void. “.. she is a commie after all.” My understanding is she is a democratic socialist. But, your lament is the one all fascists give that really don't accept the principle of democracy.

    Sep 03rd, 2015 - 06:41 pm - Link - Report abuse 0
  • Tik Tok

    Funny sort of democracy when the incumbent political party siphons the public purse to obtain reelection

    Sep 03rd, 2015 - 06:48 pm - Link - Report abuse 0
  • ChrisR

    @ 9 Tik Tok

    Shhh!

    Don't confuse The Brainless One with the reality of the situation which he has overlooked or doesn't want to face.

    @ 8 Terry Hillock

    So now I am a fascist! Dear me, whatever next will you come up with, that one's a stretch even for you.

    Still NO answer from you what should be done however. Why am I not surprised.

    As far as you are concerned Brazil is a lost cause then - forever!

    Sep 03rd, 2015 - 09:06 pm - Link - Report abuse 0
  • Terence Hill

    10 ChrisR
    “So now I am a fascist!...” It's duly noted that you don't deny it, thereby confirming it's true. Furthermore, you don't deny my claim “..that all fascists give that really don't accept the principle of democracy” Thereby, confirming your totalitarian leanings. “NO answer from you what should be done” There was a clear unequivocal answer in post #5, it helps to read the the thread so you don't keep putting your foot in your mouth. “As far as you are concerned Brazil is a lost cause then” and yet another erroneous assumption. Must be difficult to walk with two feet in your mouth. Already also answered in post #5

    Sep 03rd, 2015 - 09:55 pm - Link - Report abuse 0
  • ilsen

    Higher Taxes?
    Budget Cuts?
    Fiscal Deficit?

    The PT dream is over. Reality is a bitch. That bites.

    Brazilian politicians and policy-makers should start reading the comment boards on this site.
    Many commentators have been predicting this for years.
    So many have been proved correct with regards to the corruption and economic mis-management that is only now being 'discovered'.
    (pffttt....)

    Sep 04th, 2015 - 12:34 am - Link - Report abuse 0
  • ChrisR

    @ 12 ilsen

    DumbAss could do with this young lady in her government to “encourage the others” to get a backbone!

    http://www.telegraph.co.uk/news/worldnews/southamerica/brazil/11843092/Brazilian-mugger-pleads-for-daddy-after-trying-to-rob-professional-female-MMA-fighter.html

    There would be some on here who would pay good money to experience what this young lady can do to them!

    Absolutely hilarious.

    Sep 04th, 2015 - 11:18 am - Link - Report abuse 0
  • Jack Bauer

    @13 ChrisR
    The mugger is a little coward. A big-tough man while in charge, but a pussy when dominated. Just like the brainless one.
    But Dilma's pledges mean nothing really. She states in a loud clear voice that no 'source of income' is guaranteed exemption from higher taxes, while she is reluctant to cut where the real 'fat' is...in the Ministries. There alone, by eliminating half of them, she'd save enough to annul the 2014 deficit and post a primary superavit in 2016. But the “Party” and Lulla won't even hear of it.....that would mean drastically reducing the obligatory contributions to the PT, coming from the salary mass of those they handed-out thousands of commissioned jobs to.

    Sep 04th, 2015 - 06:55 pm - Link - Report abuse 0
  • ilsen

    @13 ChrisR

    Thank You for that. Have shared on social media to a wider audience.
    :-)

    Sep 05th, 2015 - 01:08 am - Link - Report abuse 0
  • ChrisR

    @ 11 Terry DumbAsso
    Do you like your new promotion to (in Espanol) the male version of Dilma: I realised when I read the last post that I had completely underestimate you. You have demonstrated how completely Bat-shit Mad you are.

    As for your claim that you have provided a solution already you must also be a budding stand-up comic if you really believe that the PT have any credibility left and all the other miniscule little parties will be looking at them at the end of barge poles (given you are not English I suspect you have no idea what that means).

    As for claiming my silence as assent, I was PMSL.

    You also need to read up why and how 'assent by silence' came about: it is not applicable unless ALL the parties have a prior agreement in place. I don't agree, I just ignore your risible chattering.

    Sep 05th, 2015 - 11:21 am - Link - Report abuse 0
  • Terence Hill

    16 ChrisR
    You can be as obtuse as you wish and attempt to rely on your meaningless and inconsequential opinion. But, I stand by the facts I have presented, as they are conclusive and their truth is not open to debate.
    “how 'assent by silence' came about: it is not applicable unless ALL the parties have a prior agreement in place.” Uh uh! wrong yet again.
    “..qui tacet consentiré videtur-lit. he who is silent is thought to consent. Thus, he who keeps silent is assumed to consent; silence gives consent. ... who keeps silent consents; silence means consent; silent consent is same as expressed consent; ....”
    SOMA'S DICTIONARY OF LATIN QUOTATIONS MAXIMS AND PHRASES
    A Compendium Of Latin Thought And Rhetorical Instruments For The Speaker Author And Legal Practitioner
    So you are left to engage in futile argumenta ad hominems, as you are devoid of any issues to refute what I have proved.
    “We must make a personal attack when there is no argumentative basis for our speech.” Cicero, Pro Flacco, c.58. B.C

    Sep 05th, 2015 - 12:22 pm - Link - Report abuse 0
  • ChrisR

    @ 17 Terry DOUBLE-DumbAsso

    I do not live in by some arcane saying from 58 BB even if you do. Try a modern view that I picked out to provide your 'references' so beloved by you and other nincompoops.

    http://www.legalmatch.com/law-library/article/silence-as-acceptance-in-contracts.html

    As I said, to use silence as acceptance there has to be an agreement or as specified in a contract NOT at the whim of some deluded idiot such as yourself.

    This is the last time I waste MY time educating you.

    AND, for the relief of doubt:
    I DO NOT ACCEPT THAT MY IGNORING YOUR BLATHERINGS MEANS I AGREE WITH YOU.

    Got it now DOUBLE-DumbAsso?

    Sep 05th, 2015 - 05:34 pm - Link - Report abuse 0
  • Terence Hill

    18 ChrisR
    You are absolutely correct as to the application of silence to contract law, as there has to be an offer and acceptance. Also generally in criminal law too.
    But since you raised the legal definition here is the section with what I had previously omitted “..qui tacet consentiré videtur-lit. he who is silent is thought to consent. Thus, he who keeps silent is assumed to consent; silence gives consent. In law, the silence of a party implies his consent.. A maxim of crime and consent. qui tacet, consentit-lit. he who is silent agrees. Thus, who keeps silent consents; silence means consent; silent consent is same as expressed consent; consent by conduct is as good as expressed consent.This is an implied term in law....”
    SOMA'S DICTIONARY OF LATIN QUOTATIONS MAXIMS AND PHRASES
    A Compendium Of Latin Thought And Rhetorical Instruments For The Speaker Author And Legal Practitioner
    Also in international law 'In establishing whether a state has recognized a particular norm of international law, the issue of the “silence” of a state......As I. Brownlie correctly points out, “silence may signify either tacit consent ...”'14
    14. Principles of Public International Law, third edition, 1979 by Professor Ian Brownlie
    Since we were not making a contract then such a rule has no application. Moreover, you are explicitly claiming that Henry VIII was correct, and that Sir Thomas Moore's claim that his silence on the King's marriage could legally only be viewed as acceptance was incorrect? So you're not educating anyone, your just further indicating your ignorance of the subject matter, and digging yourself in deeper.
    “I DO NOT ACCEPT THAT MY IGNORING YOUR BLATHERINGS MEANS I AGREE WITH YOU.”
    Too late the horse is out of the barn on that issue, ignorance is not an excuse in law.

    Sep 05th, 2015 - 06:44 pm - Link - Report abuse 0
  • ChrisR

    @ @ 19 Terry DOUBLE-DumbAsso

    It seems I need to break a secret to you.

    We are on a posting comments site, nothing to do with the law!

    Dear me. you have got a twisted mind. Try removing the new hat you bought to go with your new dress, it might relieve the hoop stress on your skull.

    Sep 05th, 2015 - 09:29 pm - Link - Report abuse 0
  • Terence Hill

    20 ChrisR
    “We are on a posting comments site, nothing to do with the laws.” You are the party that raised the the legal implications, specifically from LegalMatch: Silence As Acceptance in Contracts. So you are unable refute the obvious truth of my post, and having no argument you feebly resort to a fallacy of repetition, and yet again the fallacy of argumenta ad hominem.
    Great going lose the argument and respond with two fallacies, what a loser. You're as sharp as a bowling ball. Are you always this stupid or is today a special occasion? I could eat a bowl of alphabet soup and crap out a smarter comeback than what you just said.

    Sep 05th, 2015 - 10:19 pm - Link - Report abuse 0
  • Skip

    Yawn

    Sep 05th, 2015 - 10:32 pm - Link - Report abuse 0
  • ChrisR

    @ 21 Terry The Brainless One Hillock

    Go out in your new dress and get yourself some friends and a life, I'm done here.

    Sep 06th, 2015 - 11:39 am - Link - Report abuse 0
  • Terence Hill

    23 ChrisR
    You where done a long, long, long time ago, loser. Don't feel bad. A lot of people have no talent!

    Sep 06th, 2015 - 02:20 pm - Link - Report abuse 0
  • Jack Bauer

    @24 Terence
    “A lot of people have no talent!”.....so says the self-proclaimed owner of the truth. I presume it takes one (to think) he knows one.

    Take ChrisR's suggestion : put on your new dress, be gay and frolic, and you might even manage to get yourself reamed.

    Sep 12th, 2015 - 08:16 pm - Link - Report abuse 0

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