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News Brief: Corporate Media Is Psyched About Economic Prospects of Brazil's Fascist President-Elect

Credit: Daniel Dale


Hard-liner Jair Bolsonaro is Brazil's next president. Here's how the "firebrand ex-army captain plans to change Latin America's largest nation," tweeted The Wall Street Journal. "Miners could benefit from relaxed regulations, as environmentalists fear growth plans will destroy the Amazon," wrote the CBC.

He also "stirred controversy" "turned crisis into opportunity" and caused the "markets to surge". There's a new fascist leader in town and "the markets" are excited to get behind him. Never mind his genocidal comments and plan to purge the country of leftists and LGBTQ. 

Notes:

Jair Bolsonaro Is Elected President Of Brazil. Read His Extremist, Far-Right Positions In His Own Words. - Andrew Fishman, The Intercept (10/28/18)

After Win by Brazilian Fascist Jair Bolsonaro, World's Capitalists Salivate Over 'New Investment Opportunities' - Jake Johnson, Common Dreams (10/29/18)

The Lessons for Western Democracies from the Stunning Victory of Brazil’s Jair Bolsonaro - Glenn Greenwald, The Intercept (10/29/18)

Financial Press Cheers Election of Fascist in Brazil - Alan MacLeod, FAIR (10/31/18)

News Brief: Corporate Media Is Psyched About Economic Prospects of Brazil's Fascist President-Elect

Comments

I live in the Canada, the CBC is like NPR/PBS. Its somehow both public and corporate media because the TV side has ads, but the radio side doesn’t. It gets $1.5B in federal subsidies. The CBC news division is part of the establishment press, in addition to corporate media outlets such as CTV, CityNews and Global TV. The CBC is accused of ‘liberal’ bias but has always been small ‘c’ conservative. It’s always been afraid of offending dumb right wingers that don’t like public broadcasting. They often punch left but accept centrist or right wing ideas.

Terry Stack


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