Brazil's budget targets ignored by Congress; Finance minister could resign

Friday, December 18th 2015 - 08:01 UTC

Full article 7 comments

Brazil’s Congress on Thursday approved a 2016 budget with surplus targets lower than what Finance Minister Joaquim Levy wanted, a day after the country lost an investment-grade credit rating on concerns about fiscal restraint. Read full article

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Brasileiro
In every country in the world is always strong the Ministry of Planning. That's the guy who thinks a step ahead of others. It's the guy who prepares the country for the time of fat cows and lean cows.

Planning in Brazil is bad. So we need the Minister of Economy, the superman of the country.

The Minister of Economy is the guy who will tell you that one day there was money and now the reality is different. The people will need to tighten their belts and pay more taxes so that the lean cow survive and give milk again.

All right we understand. We are patriots and we do not want to see Brazil in a bad situation. That's right, governments can take the money I have in my pocket and save the country.

But for God's sake when will our government will do the right thing and he did not look at me just like a roast chicken ready to be eaten to satisfy your hunger?

All people in the world already know what will happen to the economy next year, at least the trends.

We only ask the government two things: planning and respect the rules.

The rest can leave what we do!
Dec 18th, 2015 - 10:08 am - Link - Report abuse 0
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golfcronie
I did not look at you just like a roast chicken but more like a well battered piece of cod. PMSL
Dec 18th, 2015 - 10:26 am - Link - Report abuse 0
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ChrisR
@ 2 golfcronie

I am sure you have heard how the Glaswegians love their battered Mars bars?

Now imagine the Mars bar has been replaced with a turd and then you have Brasso to a 'T'!
Dec 18th, 2015 - 10:37 am - Link - Report abuse 0
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yankeeboy
For Elaine, Skip and the other idiots who keep saying my predictions are to general etc. I did say that in the end Brazil would go back to their terrible traits before the 90s and not implement austerity.
Marxists and Progs only know how to spend.
It is really very simple.
Long long long before this came out I told you it would happen.
idiots.
Dec 18th, 2015 - 03:22 pm - Link - Report abuse 0
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ChrisR
@ 4 yankeeboy
“For Elaine, Skip and the other idiots”

It's not very often I disagree with you but Skip is NOT an idiot.

I agree about the “ElaineB” holder, she lies as well (50 YO if she's a day).
Dec 18th, 2015 - 07:14 pm - Link - Report abuse 0
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Brasileiro
The Minister of Finance has fallen!

We will lower interest rates and make the locomotive walks like a bullet train. We will sell all reserves in dollars and pay our debt INTERNAL.

https://www.youtube.com/watch?v=Z9NSL6dA7kc&list=FLmXPTu1f8AdGlizWNiASx2A&index=78
Dec 18th, 2015 - 07:31 pm - Link - Report abuse 0
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Jack Bauer
@1 BRasshole

Congrats. I liked your “...It's the guy who prepares the country for the time of fat cows....” Are you referring to Dilma ?
Brazzo, your attitude is improving, but your solution to the problem, that it's OK for the Government to stick their hand in your pocket and take your money, is ALREADY happening. What happens when they steal it all - as they have been doing for the last 10 years - and you have no more to give ? Another Venezuela ? The solution should be the exact opposite - stop stealing, use the taxpayer's money efficiently.

So Levy finally resigned. 147 days too late. He should never have accepted the challenge. It was clear to just about everyone, but him, that the PT would be loathe to reduce their spending. Their popularity depends on it .
Dec 19th, 2015 - 05:23 pm - Link - Report abuse 0
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