jason

Brazil President Blames ‘White People’ for Crisis

Brazil’s president blamed “white people with blue eyes” for the world economic crisis and said it was wrong that developing countries should pay for mistakes made in richer countries, sparking accusations of racism.

“This crisis was caused by the irrational behavior of white people with blue eyes, who thought they knew everything and now show they know nothing,” Lula da Silva said…

When challenged about his claims, Lula said: “I only record what I see in the press. I am not acquainted with a single black banker,” according the Guardian newspaper.

I can’t say anything about banking. The only banking officials I’ve dealt with over the past 20 years were Zelia, and she is Portuguese (Azorian I think), and Munisa, and she’s of Indian extraction. Perhaps it is a Toronto thing, but I don’t remember seeing blond/blues in my banking experience. Perhaps Lula da Silva should come and hang in my neck of the woods. To be fair, everyone who has bought into the model that economists can tell anything of value from their models with any certainty or that they would be responsible for their thoughts and actions should look in the mirror first. I never understood why countries didn’t bypass the G8 and do their own thing… but no… greed is universal, and Brazil like everyone else wanted to play with the big boys, and got bit along with them. Nothing to do cept look in the mirror and ask “why did I buy in to the system?”