So Latin American news and politics.
I asked myself why we don't have a thread for that.
Then I realized the only possible answer was because someone hadn't created one.
And that was unacceptable. Because Latin America is filled, filled mind you, with the kind of drama Hollywood Hacks would give their souls to write and that Shakespeare copyrighted before copyright was a thing.
Following the death of popular leader Hugo "Authoritarian Santa" Chavez, the government was left in the hands of Nicolas "Ralph Kramden" Maduro. Chavez and Maduro both believe(d) (one of them is dead now) in using their countries wealth to uplift the masses. Free-housing, health care and education among other things. They also believe in suppressing the opposition.
This worked well when Oil (a major export for Venezuela) was $110 per barrel. Well maybe not well, but they were holding shit together.
Not so much now. Now the Venezuelan economy looks like Godzilla just stomped through town. Life is now ultra hard, supplies are hard to get scarce, the black market is running at extortionate prices and people are a little pissed.
So they voted in the opposition. Who are kind of yuppies.
And the opposition wants Maduro out of office
and a bunch of their jailed friends released
They are running into a little problem though. The Supreme Court of Venezuela keeps blocking them. You see before the election Maduro was granted "Emergency Powers" and his party had control of Parliament. So at pretty much what was literally (not figuratively) the last minute, they rammed a bunch of appointments onto the Supreme Court.
Outgoing National Assembly president Diosdado Cabello called a number of extraordinary sessions last week at which 13 new Supreme Court judges and 21 substitute judges were named.
So that's interesting.
The B in BRICs.
A Country that used to have a larger economy than the UK.
Until the economy fell to shit. Due to the collapse of... can you guess what commodity collapsed?
If you guessed Oil you're right! Also China slowing down and not needing so many raw resources.
Ultimately the effect of the collapse of oil just brings to mind what the Wu-Tang clan said so many years ago. "Diversify your stocks and bonds, bitches!
Unfortunately the collapse of oil is not the only thing sucking money out of Brazil's pockets.
It turns out that Petrobras (the state-run Oil Company) was kind of used like a private piggy bank for politicians
So that was costly.
And it turns out the fairly popular ex-President Lula may have been involved.
He's the mentor to the current President Dilma Rouseff. Who offered him a Cabinet level job to shield him from Prosecution. On Tape.
Now Dilma is going through the impeachment process.
But this has nothing to do with Lula or Petrobras (at least officially). And its nothing to do with being the one corrupt official in the Brazilian government. Since a lot of Brazilian politicians are corrupt. A LOT
Dilma is being impeached for juggling the books to make the GDP look better before the last election.
Get live updates on todays impeachment proceedings Here
The Democrats aren't crazy but they are still, you know, running the US and it's foreign policy. Which is in the "you don't have a global hegemony without bombing a few eggs" wheelhouse.