April 1, 2015
How do you say "Tea Party" in Portuguese?
We've seen massive anti-government demonstrations in Brazil over the last few weeks. These marches are happening because the people are disgusted. What we are seeing in Brazil is a perfect storm of misguided populist policies, an unsustainable welfare state, and the corruption that always comes when big business and bureaucrats are too cozy – i.e., "crony capitalism." Take a look: there are all of the signs of a Tea Party, or whatever they want to call it in Portuguese. And the amazing thing is that a young conservative is leading the way: The March 15 demonstration was the largest Sao Paulo had seen in more than three decades, since 1984 protests demanding democratic elections after a long dictatorship. But more surprising than the crowd of more than 200,000, according to the Datafolha polling and statistics agency, was the fact it was being led by Kataguiri, a skinny, 19-year-old college dropout, and other young...(Read Full Post)