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“White, Blue Eyed People to Blame”: Luiz Inácio Lula da Silva March 27, 2009

Posted by aetiusromulous in Economics, news, politics, Video, YouTube.
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Brazilian President Calls a Spade, a Spade

Why should the poor of the earth (who are very non blue eyed and white) have to pay for the excesses of the rich?

Good question.

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1. allenshadow - March 28, 2009

Check out my post, “Damn Dumb Blondes” on http://allenshadow.wordpress.com/ to look at it another way.

2. CB - March 28, 2009

the comment by the brazilian president is sort of stupid if you think about the fact that Brazil has been milking the shit out of the credit cow over the last few years and think about zimbabwe too. need we blame it all on race? i don’t think that’s quite it. this is about political/banking corruption across the globe.

aetiusromulous - March 28, 2009

No doubt CB.

How ’bout this: If every bodies standard of living declines – say 5% – over this mess, who will be worse off, the first world or the third? How ’bout 10%? If the value of all assets fall by 50% globally, what is the effect in REAL terms to a third world community?

I think what Lula was trying to say perhaps, is that the third world contributed disproportionately to the problems, and will suffer in an opposite, disproportional way. His simple observation that the lucky side of the equation all seem to be white and blue eyed probably needed to be said, and gives us some insight into what that world is thinking.


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