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Vertical Limits | Brazilian Alternative Public Housing

Topic: Verticalization of the Shantytowns: Where?

Theme: Federal My House, My Life Program

Source: GGN

Sabetai Calderoni is an urban planner, economist and member of the Superior Council on the Environment at Fiesp. José Pedro Santiago is an agriculturalist and member of the same council.

Both have demonstrated greater social sensitivity than the Ibre-FGV researchers cited in the previous post. Both have demonstrated greater social sensitivity than the Ibre-FGV researchers cited in the previous post. Calderoni and Santiago published the following article (Valor, Feb/02/15), evaluating the Minha Casa Minha Vida (MCMV) federal housing program.apartaments

GGN reproduces the proposals from the Valor article.

Continue reading

Folha de S.Paulo Waves Democratic Banner

Castigated over the years — and not without cause — as a partisan organ bordering on the tabloid, the Folha de S.Paulo launches an elaborate banner company stressing the values of democratic debate and cultural diversity, in an attempt to shore up its image as a “quality’ paper.

agaomstdrugs

«The Folha favors legalization of drugs»

drugsmeno

«I do not.»

siganyway

Whether you agree or not, follow the Folha, because while it has its own positions, but always gives space for divergent opinions.

sigaafolha

The incongruence of a rough-trade woman expressing a socially conservative opinion is the heart of the campaign — do not judge a book by its Collor. It has also been used in a series to TV spots promoting safe sex, with alternating talking heads whose description of themselves is out of tune with their appearance.

To Privatize or not to Privatize | Brasil 24/7

Omnipresent media blitz by Empiricus Research

Omnipresent media blitz by Empiricus Research

Topic: FHC denies PSDB plan to privatize Petrobras

Source: Brasil 24/7

Dueling Toucans

Senator José Serra (PSDB-SP) has revealed his model for rescuing Petrobras; it consists in dividing the company into various areas and selling non-strategic assets to the private sector. “Petrobras should be divided into autonomous companies and a holding. Then, in each case, either you sell your shares or you go public,” he told journalist Fernando Rodrigues. Though this would seem to constitute privatization, Serra guarantees that it is not, saying he would soon present a complete plan for the company. “I am studying the entire situation, in order to present the Senate with a month or two with a contribution to the Petrobras debate. In 2010, Serra was accused of having promised to open the pre-salt layer to exploitation by the American Chevron. According to Serra, Petrobras has become “a monster, impossible to govern.”

http://www.brasil247.com/pt/247/poder/171634/FHC-nega-desejo-tucano-de-privatizar-Petrobras.htm

Days after Senator Serra (PSDB-SP) defended the partial privatization of Petrobras, with the sell-off of nonstrategic assets … the former president Fernando Henrique Cardoso denied that this is the intention of the PSDB. Below, [an excerpt from] his monthly article.

[…]

“Why does Lula, instead of assuming the statesmanlike posture that history requires, insists on roaring, as he did in late February, that he would put the “hosts” of the MST (worse, he called them the “army” of the MST) to defend what no one is attacking: democracy and — this is incredible — the salvation of Petrobras from a privatization that no Toucan is defending?” asked Cardoso, in an article published this weekend.

During the prior week, however, in an interview published this week, Senator José Serra announced that his model for Petrobras consists in the division of the company into autonomous companies and the sale of non-strategic assets.

In other words, a partial privatization of Petrobras.

And Serra? Is he not a ranking Toucan of the PSDB?

«Argentina, a more radicalized Brazil» | GGN

bandeira-brasil-argentina
Source: Argentina, a more radicalized Brazil | GGN.

Author: Luis Nassif

Translator: C. Brayton

Viewed from Argentina, Brasil is true blue. One of the constant catchphrases of the Argentine media holds up the Brazilian government as a model to be followed by the Kirchner government. Brazil and Chile, with their flexible monetary policies, are compared with tight control of the dollar in Argentina.

In talking with some Kirchner supporters from Buenos Aires, in fact, it is clear that Argentina shares a number of resemblances to Brazil, although with certain aggravating factors.

In each country, for example, the media is engaged in a permanent campaign to speak ill of their respective countries.

Compared to the largest of these media groups, Clarín, the Global network is a voice of moderation.

The group controls more than 600 media companies, and rules its regional newspapers with an iron hand. It remains the only source of newsprint paper in Argentina — expropriated by a family group during the dictatorship – and the principal national news agency. In order to obtain paper and news articles over the wire, the newspapers sign contracts in which they promise to feature the daily articles selected by Clarín for their front pages.

The progress made with the passage of the Media Law has been attenuated by a series of legal appeals. Just as the Brazilian Supreme Court has its Gilmar Mendes … Clarin has its own Supreme Court minister, Carlos Fayat, who is 97 years old and cannot be induced to retire by any legal or political measure.

The two countries share identical complaints about the manipulation of the news. Each day brings headlines about scandals great and small, be they factoids or fictions. According to Maira, our Buenos Aires blogger, the columnists are crude and uncouth, but she doesn’t think a senior editor would go so far as to propose the impeachment of the President, as happened at Globo.

Hitting its peak right now is an attempt to incriminate the president for the death of a prosecutor.

In the economy, there are problems with inflation and exchange rates — as the Kirchner supporters admit– but the economy has not deteriorated. Hotels and bar are full, reflecting the fact that there has been no erosion of purchasing power. Even so, Clarin and its associate La Nacion – the second largest daily in the country — carefully craft negative news, avoiding coverage of any fact favorable to the government or the nation.

Even the most prominent Argentine — the Pope — is censored when he dares to speak a sympathetic word about the government or something positive about the nation.

On the TV networks, the troglodytes simply put our pitbulls to shame. They often release the home addresses of Cristina sympathizers — from journalists to intellectuals and artists — in order to subject them to public rage. On the social networks and in the streets of Buenos Aires there is a rage similar to that witnessed, for example, in São Paulo.

But there are differences, chief among them the iron hand of Cristina Kirschner. To a greater degree than her late husband Nestor did, she has mustered substantial support among part of the electorate. It is estimated that she controls 35% of the Argentine vote and is capable of transferring those votes to her own candidates.

A few days ago, the opposition mobilized 400,000 anti-Cristina street demonstrators. It is expected that another will take place in the coming weeks. In the presidential election, however, this 35% appears solid. As you converse with Kirchnerists and ordinary citizens, you see that the opposition suffers from an immense power vacuum. As in Brazil, the parties wave the banner of anti-corruption in the daily scandalization of the news media, without presenting any alternatives of their own.

Kirchner and Lula have something in common. In Argentina, in the restaurant of the museum honoring Evita Perón after speaking about Argentina, Cristina and Nestor Kirchner, Latin Americanism and other topics common to the South American Left, the militant president began to speak of Lula, and tears ran down her cheeks. She explained that everytime Lula is mentioned she cannot withhold her tears.

Veja | Fourth Estate or Fifth Column?

"They knew everything"

“They knew everything”

Author: J. Carlos de Assis

Brazil is the target of a conspiracy designed to destabilize the Dilma government in the guise of a campaign to combat corruption.http://

It has many of the same characteristics of the so-called Arab Spring, the difference being that in the Mideast cases, the regimes were entrenched dictatorships, whereas ours is a vulnerable democracy. Since it is untenable to encourage a coup in favor of a democracy that already exists, the pretext used is the battle against corruption connected with the Lula and Dilma governments.

Persons of good faith believe this sort of theory constitutes jumping to conclusions. I myself am inclined to reject conspiracy theories as well, but only so long as the evidence allows me to. In this article, I will try to present evidence of a conspiracy underway in Brazil, using as my principal reference the American foreign policy magazine “Foreign Affairs”, which can hardly be criticized as anti-American. My point of departure is a pair of essays in the September/October issue about the crisis in Ukraine and the 40 years since the Chilean coup.

Regarding Ukraine, the magazine states quite clearly that the crisis there is the fault of the West, or rather, of the United States. It results from the ambition of NATO, led by the Americans, to expand its borders to the East, incorporating nearly all the states of the former Soviet Union, one after another.

In 1999, for example, the Czech Republic, Hungary and Poland joined the organization. Despite the constant protests of the Russians, in 2004 it was the turn of Bulgaria, Estonia, Latvia, Lituania, Romania, Slovakia and Slovenia. In 2009, it was the turn of Albânia and Croatia.

These incororations violated formal conditions established with Gorbachev during the process of reunifying Germany, in which Russian approval was a key element. Russia responded with merely formal protests, however, in part because it was itself internally fragmented and in part because it had no border with these countries absorbed into NATO, except for the smallest Balkan states. In 2008, however, NATO announced its intention to incorporate the border nations of Geórgia and Ukraine, effectively surrounding Russia.

No Russian leader would, or will ever, accept this advance on Russia’s own back yard. much less a strategist of the stature of Putin. When the president of Georgia, favorable to joining NATO, decided to reincorporate the rebel provinces of Abkhazia and Ossétia do Sul, Putin immediately invaded them, making it clear that he would not accept Georgia, a border state, as a NATO member, unless it was broken up. In the same vein, a Russian newspaper reported, Putin let Bush know that “if Ukraine is absorbed into NATO, it will cease to exist.”

“Foreign Affairs” paints a realistic picture of what occurred from that point on in Ukraine. In the process of creating a “democratic” atmosphere favorable to inclusion in the EU — a step along the path to NATO membership — the U.S. spent US$ 5 million since 1991 to support opinion-making institutions in the country — according to Victoria Nulan, assistant secretary of state for Europe and Eurasia — in order to create for Ukraine “the future it deserves.”

One think tank in particular, the National Endowment for Democracy, promoted more than 60 projects to undermine the stability of the legitimate, pro-Russian Yanukovych.

http://www.ned.org/where-we-work/eurasia/ukraine

NED chairman Carl Gershman made no bones about the objective of this movement. In an interview with the New York Times, he declared that “the choice of Ukraine to be integrated into Europe will accelerate the death of the Russian imperialism that Putin represents.” More explicitly, he said that the Russians “also faced a choice,” and that Putin could find himself on the losing side, not abroad but inside Russia.” Puti n reacted to such provocations by invading Crimea and holding a referendum on its annexation by Russia.

I am transcribing passages of this long article because I believe that we Brazilians deserve a press and an electronic media that provide impartial reporting on what is happening in Ukraine.

Our own establishment media is more pro-Anerican, in many circumstances, than the U.S. media elite. But what I want to emphasize is that the American government has a clear strategy behind its domination of world affairs and is willing to pay any price, even if that price includes the institutions and lives of other peoples, to achieve its strategic objectives.

It is at this point that we begin to examine contemporary Brazil. The U.S. has revived the Cold War and elected Russia as its strategic enemy, while Russia, still a nuclear superpower, is the only force capable, along with China in the economic sphere, of rivaling them. And here we, the Brazilians, have the audacity to approach Russia and China as part of the BRICS coalition, creating an alternative for global development, both economic and political.

For those who wish to extend the embrace of NATO to the Ukrainian plains, this is a major task, considering that Brazil and South Africa are considered to be reasonably well-behaved back yards of American power.

If in order to eliminate the risk of closer ties with Russia it were necessary to destabilize the Brazilian government, appealing to the existence of some fictional tolerance of corruption, as occurred in Ukraine, the U.S. will not come begging with hat in hand.

The Americans have powerful allies here in Brazil, serving as loyal fifth-columnists. For some reason, they tapped Dilma’s phone!

In Chile, meanwhile,  according to documents declassified after 40 years of the coup that toppled Allende, it is now proven, as “Foreign Affairs” reports, that the coup and the assassination of Allende were orchestrated from Washington under the baton of Henry Kissinger. It began with the assassination of the anti-coup General Schneider, paid for by the CIA, and throughout the entire plotting process it counted on support from the daily “El Mercurio”, which received US$ 11 milhões (adjusted) from the CIA.

“Veja” magazine, as we all know, is passing through financial difficulties. Could this be the time to ask who is underwriting its infamies in a(nother) bid to destabilize the Brazilian government? Brazil is the target of a conspiracy designed to destabilize the Dilma government in the guise of a campaign to combat corruption.

It has many of the same characteristics of the so-called Arab Spring, the difference being that in the Mideast cases, the regimes were entrenched dictatorships, whereas ours is a vulnerable democracy. Since it is untenable to encourage a coup in favor of a democracy that already exists, the pretext used is the battle against corruption connected with the Lula and Dilma governments.

Persons of good faith believe this sort of theory constitutes jumping to conclusions. I myself am inclined to reject conspiracy theories as well, but only so long as the evidence allows me to. In this article, I will try to present evidence of a conspiracy underway in Brazil, using as my principal reference the American foreign policy magazine “Foreign Affairs”, which can hardly be criticized as anti-American. My point of departure is a pair of essays in the September/October issue about the crisis in Ukraine and the 40 years since the Chilean coup.

Regarding Ukraine, the magazine states quite clearly that the crisis there is the fault of the West, or rather, of the United States. It results from the ambition of NATO, led by the Americans, to expand its borders to the East, incorporating nearly all the states of the former Soviet Union, one after another.

In 1999, for example, the Czech Republic, Hungary and Poland joined the organization. Despite the constant protests of the Russians, in 2004 it was the turn of Bulgaria, Estonia, Latvia, Lituania, Romania, Slovakia and Slovenia. In 2009, it was the turn of Albânia and Croatia.

These incororations violated formal conditions established with Gorbachev during the process of reunifying Germany, in which Russian approval was a key element. Russia responded with merely formal protests, however, in part because it was itself internally fragmented and in part because it had no border with these countries absorbed into NATO, except for the smallest Balkan states. In 2008, however, NATO announced its intention to incorporate the border nations of Geórgia and Ukraine, effectively surrounding Russia.

No Russian leader would, or will ever, accept this advance on Russia’s own back yard. much less a strategist of the stature of Putin. When the president of Georgia, favorable to joining NATO, decided to reincorporate the rebel provinces of Abkhazia and Ossétia do Sul, Putin immediately invaded them, making it clear that he would not accept Georgia, a border state, as a NATO member, unless it was broken up. In the same vein, a Russian newspaper reported, Putin let Bush know that “if Ukraine is absorbed into NATO, it will cease to exist.”

“Foreign Affairs” paints a realistic picture of what occurred from that point on in Ukraine. In the process of creating a “democratic” atmosphere favorable to inclusion in the EU — a step along the path to NATO membership — the U.S. spent US$ 5 million since 1991 to support opinion-making institutions in the country — according to Victoria Nulan, assistant secretary of state for Europe and Eurasia — in order to create for Ukraine “the future it deserves.”

One think tank in particular, the National Endowment for Democracy, promoted more than 60 projects to undermine the stability of the legitimate, pro-Russian Yanukovych.

http://www.ned.org/where-we-work/eurasia/ukraine

NED chairman Carl Gershman made no bones about the objective of this movement. In an interview with the New York Times, he declared that “the choice of Ukraine to be integrated into Europe will accelerate the death of the Russian imperialism that Putin represents.” More explicitly, he said that the Russians “also faced a choice,” and that Putin could find himself on the losing side, not abroad but inside Russia.” Puti n reacted to such provocations by invading Crimea and holding a referendum on its annexation by Russia.

I am transcribing passages of this long article because I believe that we Brazilians deserve a press and an electronic media that provide impartial reporting on what is happening in Ukraine.

Our own establishment media is more pro-Anerican, in many circumstances, than the U.S. media elite. But what I want to emphasize is that the American government has a clear strategy behind its domination of world affairs and is willing to pay any price, even if that price includes the institutions and lives of other peoples, to achieve its strategic objectives.

It is at this point that we begin to examine contemporary Brazil. The U.S. has revived the Cold War and elected Russia as its strategic enemy, while Russia, still a nuclear superpower, is the only force capable, along with China in the economic sphere, of rivaling them. And here we, the Brazilians, have the audacity to approach Russia and China as part of the BRICS coalition, creating an alternative for global development, both economic and political.

For those who wish to extend the embrace of NATO to the Ukrainian plains, this is a major task, considering that Brazil and South Africa are considered to be reasonably well-behaved back yards of American power.

If in order to eliminate the risk of closer ties with Russia it were necessary to destabilize the Brazilian government, appealing to the existence of some fictional tolerance of corruption, as occurred in Ukraine, the U.S. will not come begging with hat in hand.

The Americans have powerful allies here in Brazil, serving as loyal fifth-columnists. For some reason, they tapped Dilma’s phone!

In Chile, meanwhile,  according to documents declassified after 40 years of the coup that toppled Allende, it is now proven, as “Foreign Affairs” reports, that the coup and the assassintion of Allende were orchestrated from Washington under the baton of Henry Kissinger. It began with the assassination of the anti-coup General Schneider, paid for by the CIA, and throughout the entire plotting process it counted on support from the daily “El Mercurio”, which received US$ 11 milhões (adjusted) from the CIA.

“Veja” magazine, as we all know, is passing through financial difficulties. Could this be the time to ask who is underwriting its infamies in a(nother) bid to destabilize the Brazilian government?

Veja | Brazil and Its Watergate Burglars

Source: Brasil 24/7

Screenshot from 2015-02-27 17:47:26

Brazil is in desperate need for new rules governing the media.

I will say it again.

Brazil is in desperate need for new rules governing the media.

The episode in which a Veja reporter used false names and identities to get to a nephew of Lula is an extraordinary demonstration of what is urgently needed: defining what a reporter can, and more importantly, should not, do.

The reporter had already committed a monstrous error — he had reported on a million-dollar birthday party in Brasília for one of Lula’s nephews. It was soon learned that Lula had no such nephew. The reporter, not content with the stupidity he had already displayed, set out on a mad gallop, targeting a nephew of Lula in Sorocaba, as though he had a divine right of invading the privacy of others.

The British are conducting a debate that Brazil needs to emulate.

In the British case, what led to the conclusion that traditional norms no longer functioned was the discovery that journalists of a Murdoch-owned daily tabloid broken into the mailbox of a small girl who had been kidnapped.

In the end, the girl was slain, but the newspaper died along with her. Within days of discovering the monstrous ways of the tabloid, Murdoch had no choice but to shut it down.

The Brits came to the conclusion that self-regulation of the press had failed and began seeking new methods of oversight.

“Enough.” And this in country in which the judiciary has never been complacent with Big Media, as it is here.

You can imagine what goes on here in Brazil, where the courts tend to be sympathetic, whatever the case may be, to the major news media groups.

Dilma would reduce the problem by means of an economic regulation of the media. And tere is no question but that she should. There are monopolies and oligopolies to be restrained, as in any other sector of the economy. Without policy in these areas, competition is harmed and society at large suffers the consequences.

But this is only part of the drama. Journalistic methods must also be reviewed, as they are in England and, as a matter of fact, in any civilized nation.

Leniency in cases involving the media gives rise to intolerable conduct like dispatchinG a Veja reporter who believes it is acceptable to used deception to harrass a teenage boy.

In a less perfect world, public opinion would rise up against this journalistic barbarity.

But we live in a country where, before the arrival of the Internet and the plurality of voices it supported, public opinion was manipulated by a handful of media “colonels” — Marinhos, Frias, Civitas, Mesquitas and so on.

It is this army of «colonels» that cynically resists the modernization of relations between the press and its audience, the citizenry. harrass

The central argument, constantly repeated by political illiterates who offer them a prime target audience, is that regulation is tantamount to censorship.

As Wellington said, if you believe that, you’ll believe anything.

Not even the colonels can really believe in a mystification of this kind.

No Brazil, the media behaves as though it were a fourth power before whom the authorities bow and tremble.

Who stands to gain by this? The colonels, whose ownership of some of Brazil’s and the world’s great fortunes is no accident.

The loser in this scenario – Brazil.

It is not possible for the interests of media groups to invariably prevail over the public interest.

If Brazil is to be a socially advanced nation, the public interest will have to face down the power of a mere dozen families.

Petrobras, Moody Blues & the Oscars of the Oil Industry

Source:  Emanuel Cancella| GGN

Dear reader: Difficulties with WordPress text editor continue.

Moody’s, which has just now downgraded Petrobras to below investment grade, is a party to a scheme to destabilize the company.  que agora rebaixou a nota da Petrobrás, perdendo grau de investimento, é parte da armação para paralisar a empresa. Did you know that not a single risk agency, including Moody’s, alerted the world to the 2006 meltdown in the U.S?

On  the contrary, it assigned AA (the highest investment grade) to U.S. treasury bonds..

Moody’s is part of an international conspiracy whose principal collaborators in Brazil are Globo, Veja, Band, Estadão, Folha and the PSDB political party, who want to paralyze Petrobrás and hand over our black gold to the gringos.

We cannot allow Petrobras to take a step backward and we cannot allow the paralysis of major public works in Brazil.

Society as a whole favors the arrest of the corrupt and the corruptors, in Petrobras or any other corporation.

But now this is actually starting to happen!

Petrobrás has never been investigated by any previous government: the generals, Sarney, Collor, Itamar Franco, FHC or Lula.

Only the Dilma government has demonstrated the will to take on such an investigation. And not only that.

While the federal police were carrying out Operation Car Wash, oil workers were busy improving the petroleum and production capacity, while the “pre-salt” layer is yielding 700,000 barrels a day.was. Furthermore, Petrobras was recently awarded an “Oscar of the Oil Industry.”* It is thanks to these workers that Petrobras continues to grow and to receive the kudos of the international industry.

Moody’s Blues

This ratings agency, Moody’s, which has just downgraded Petrogras notes to below investment level, is part of a plot to paralyse the company. Do we all remember how, in 2006, no ratings agency in the world, including Moody’s, alerted the world to the American meltdown?

Does Moody’s still deserve its reputation? Take as an example a piece from a  McClatchy reporter in 2009, titled How Moody’s sold its ratings – and sold out investors.

 While the federal police were carrying out Operation Car Wash, oil workers were busy improving the petroleum and production capacity, while the “pre-salt” layer is yielding 700,000 barrels a day. Furthermore, Petrobras was recently awarded an “Oscar of the Oil Industry.”* It is thanks to these workers that Petrobras continues to grow and to receive the kudos of the international industry.

Moody’s Blues

This ratings agency, Moody’s, which has just downgraded Petrogras notes to below investment level, is part of a plot to paralyze the company. Do we all remember how, in 2006, no ratings agency in the world, including Moody’s, alerted the world to the American meltdown?

Does it deserve its reputation? Take as an example a piece from a  McClatchy reporter in 2009, titled How Moody’s sold its ratings – and sold out investors.

The  Securities and Exchange Commission issued a blistering report on how profit motives had undermined the integrity of ratings The Securities and Exchange Commission issued a blistering report on how profit motives had undermined the integrity of ratings at Moody’s and its main competitors, Fitch Ratings and Standard & Poor’s, in July 2008, but the full extent of Moody’s internal strife never has been publicly revealed.at Moody’s and its main competitors, 

GGN reaches a similar conclusion:

In case you didn’t know it,  Petrobrás, through the taxes it pays, finances 80% of the PAC (Growth Acceleration Program) which includes hydroelectric plants, the transposition of the São Francisco River, three refineries, Comperj, and so on. ell.

In the ranking of the perception of corruption published by Transparency  Internactonal, Brazil ranks 69,among 175 countries. We even outrank China, which deals with corruption with a bullet to the back of the head.

Society needs to be vigilant, because behiind the rhetoric of morality and anticorruption of the Globos, Vejas, Bands, Estadãos, Folhas and the PSDB is yet another attempt to destroy Petrobras, thereby bringing to a halt major public works, with mass layoffs, thus destabilizing th

Source:  Emanuel Cancella| GGN

Dear reader: Difficulties with WordPress text editor continue.

Moody’s, which has just now downgraded Petrobras to below investment grade, is a party to a scheme to destabilize the company.  que agora rebaixou a nota da Petrobrás, perdendo grau de investimento, é parte da armação para paralisar a empresa. Did you know that not a single risk agency, including Moody’s, alerted the world to the 2006 meltdown in the U.S?

On  the contrary, it assigned AA (the highest investment grade) to U.S. treasury bonds..

Moody’s is part of an international conspiracy whose principal collaborators in Brazil are Globo, Veja, Band, Estadão, Folha and the PSDB political party, who want to paralyze Petrobrás and hand over our black gold to the gringos.

We cannot allow Petrobras to take a step backward and we cannot allow the paralysis of major public works in Brazil.

Society as a whole favors the arrest of the corrupt and the corruptors, in Petrobras or any other corporation.

But now this is actually starting to happen!

Petrobrás has never been investigated by any previous government: the generals, Sarney, Collor, Itamar Franco, FHC or Lula.

Only the Dilma government has demonstrated the will to take on such an investigation. And not only that.

While the federal police were carrying out Operation Car Wash, oil workers were busy improving the petroleum and production capacity, while the “pre-salt” layer is yielding 700,000 barrels a day.was. Furthermore, Petrobras was recently awarded an “Oscar of the Oil Industry.”* It is thanks to these workers that Petrobras continues to grow and to receive the kudos of the international industry.

Moody’s Blues

This ratings agency, Moody’s, which has just downgraded Petrogras notes to below investment level, is part of a plot to paralyse the company. Do we all remember how, in 2006, no ratings agency in the world, including Moody’s, alerted the world to the American meltdown?

Does Moody’s still deserve its reputation? Take as an example a piece from a  McClatchy reporter in 2009, titled How Moody’s sold its ratings – and sold out investors.

 While the federal police were carrying out Operation Car Wash, oil workers were busy improving the petroleum and production capacity, while the “pre-salt” layer is yielding 700,000 barrels a day. Furthermore, Petrobras was recently awarded an “Oscar of the Oil Industry.”* It is thanks to these workers that Petrobras continues to grow and to receive the kudos of the international industry.

Moody’s Blues

This ratings agency, Moody’s, which has just downgraded Petrogras notes to below investment level, is part of a plot to paralyze the company. Do we all remember how, in 2006, no ratings agency in the world, including Moody’s, alerted the world to the American meltdown?

Does it deserve its reputation? Take as an example a piece from a  McClatchy reporter in 2009, titled How Moody’s sold its ratings – and sold out investors.

The  Securities and Exchange Commission issued a blistering report on how profit motives had undermined the integrity of ratings The Securities and Exchange Commission issued a blistering report on how profit motives had undermined the integrity of ratings at Moody’s and its main competitors, Fitch Ratings and Standard & Poor’s, in July 2008, but the full extent of Moody’s internal strife never has been publicly revealed.at Moody’s and its main competitors, 

GGN reaches a similar conclusion:

In case you didn’t know it,  Petrobrás, through the taxes it pays, finances 80% of the PAC (Growth Acceleration Program) which includes hydroelectric plants, the transposition of the São Francisco River, three refineries, Comperj, and so on. ell.

In the ranking of the perception of corruption published by Transparency  Internactonal, Brazil ranks 69,among 175 countries. We even outrank China, which deals with corruption with a bullet to the back of the head.

Society needs to be vigilant, because behiind the rhetoric of morality and anticorruption of the Globos, Vejas, Bands, Estadãos, Folhas and the PSDB is yet another attempt to destroy Petrobras, thereby bringing to a halt major public works, with mass layoffs, and in this way destabilizing the Dilma government.

e Dilma government.

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