US secretary of state John Kerry suggested in a speech in 2013 that the ‘Monroe Doctrine’ was no longer. A nearly 200 year old hemispheric policy conceived in theory to protect Latin America from foreign intervention but in practice used to justify countless US military invasions and deep internal meddling was, according to Kerry, a thing of the past. “The relationship that we seek,” Kerry said, “and that we have worked hard to foster is not about a United States declaration about how and when it will intervene in the affairs of other American states. It’s about all of our countries viewing one another as equals...” (The Wikileaks Files: The World According to US Empire, 2015, p.483).
Just three years after John Kerry made this claim it is interesting to notice the new President of Brazil Michel Temer from the PMDB party was a US diplomatic informant according to Wikileaks cables from 2006. He said of his own party after being asked via cable why the PMDB was so divided that members now just act as power brokers at the local and regional level... “Thus the PMDB has no real unifying national identity but rather an umbrella organisation for regional caciques or bosses”.
Michel Temer is no angel and has scandal problems of his own. According to AP he is a famed backstage wheeler dealer and has not won an election on his own in a decade. He even signed off on the same budget measures that got the current President Rouseff impeached. He has also been implicated in several corruption investigations. Something like 60% of the 594 members of Brazil’s congress faces corruption allegations. Many are involved in the kickback scheme regarding the state owned oil company Petrobras.
Temer has announced the former central bank governor, Henrique Meirelles, as his finance minister who has a mandate to overhaul the costly pension system according to Reuters. [Naturally Reuters doesn’t mention anything about Temer’s corruption investigations]. So with an ex central bank governor as finance minister I think the pensioners are going to have austerity imposed on them as the IMF do to other countries when they want their borrowed money back with interest. When the IMF borrows money to a country the IMF then gets to decide how it’s paid back. They also suggest more spending so a country has to borrow more from the IMF. The IMF also usually suggests the privatisation of a country’s assets. This is an excerpt of the IMF’s executive boards assessment on Brazil; “Directors encouraged strengthened governance frameworks in state-owned enterprises. They considered it an immediate priority to address the problems at the state-owned oil company and welcomed authorities’ commitment to find a swift resolution”. A swift resolution would be to privatise Petrobras or sell it to BP, Shell, or other oil company so the private sector cronies get more. All this looks very much like a coup instigated by the US similar to Ukraine’s US instigated coup.