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I'm a little lost on the whole story here, article is short. What did the US government expect? The Brazilian government to carry out their wishes just becaus
by duxup 1y ago
I'm a little lost on the whole story here, article is short.
What did the US government expect? The Brazilian government to carry out their wishes just because of US legal action in the US?
- cactacea 1y agoEssentially, yes. Trump has no understanding of what the word sovereign means (or just doesn't care).
- matheusmoreira 1y ago> I'm a little lost on the whole story here, article is short. I submitted to HN and discussed all the major episodes of this saga. Here are the links if you'd like to know more. https://news.ycombinator.com/item?id=44152909 https://news.ycombinator.com/item?id=44152909 https://news.ycombinator.com/item?id=44188337 https://news.ycombinator.com/item?id=44188337 https://news.ycombinator.com/item?id=44256169 https://news.ycombinator.com/item?id=44256169 https://news.ycombinator.com/item?id=44613114 https://news.ycombinator.com/item?id=44613114 https://news.ycombinator.com/item?id=44736860 https://news.ycombinator.com/item?id=44736860 https://news.ycombinator.com/item?id=44793777 https://news.ycombinator.com/item?id=44793777 https://news.ycombinator.com/item?id=44869353 https://news.ycombinator.com/item?id=44869353 Some of these have been flagged and my comments are almost always downvoted to oblivion but I don't care, I will continue speaking out because these are my honest opinions on the subject. Under the pretext of protecting denocracy, the unelected, supposedly impartial brazilian supreme court waged an all out legal and political war against our "Trump equivalent". They have engaged in unconstitutional censorship and politically motivated arrests. They have usurped the functions of the legislative and executive branches of government. They are essentially judge-kings and have transformed my country into a dictatorship of the judiciary. One of these judges has been sanctioned by the USA under the Magnitsky Act, an unprecedented consequence that nobody thought would ever happen. I mean that literally: these judges publicly mocked the idea that they would ever be sanctioned for their actions. Now they are apparently moving to defy the sanctions by ordering banks to continue providing services to the sanctioned judge despite the sanctions. This will get our banks banned from the international banking system, isolating our country. The economic damage this will cause simply cannot be calculated. Brazil is essentially the world's soy farm and we import like 70% of our fertilizer. They're going to sacrifice everything to protect these judges and display their non-existent "sovereignty", like a defiant child trying to stand up to its parent. Brazil is pretty much done for if this continues.
- ronsor 1y ago> This will get our banks banned from the international banking system, isolating our country. The ecomomic [sic] damage this will cause simply cannot be calculated. Is this going to be like the Russian sanctions?
- matheusmoreira 1y agoI'm not sure... I don't think they will be that strong but still pretty bad. The sanctioned judge has been essentially permabanned from the US financial system. Everything that touches US dollars is now banned from transacting with him. He cannot even have a brazilian bank account since they absolutely do business with US institutions. This news is essentially them saying "Magnitsky is invalid here, you cannot refuse service to the judge unless we say so". It looks like they're going to force the issue. This will immediately expose Brazil to secondary sanctions. All banks that comply with the supreme court will be sanctioned and cut off from US institutions. Every single brazilian will be affected. This will no doubt cause foreign investment to flee the country as Brazil becomes high risk. It will also probably significantly reduce or destroy our USD reserves, indirectly devaluing our already devalued currency.
- motorest 1y ago> The sanctioned judge has been essentially permabanned from the US financial system. You're referring to the fact that the Trump administration is engaged in persecuting individual judges ruling on a coup attempt, hoping to intimidate them into submission to deliver the ruling they demand. And you glance over this as a "permaban".
- matheusmoreira 1y agoYou cannot convince me a thousand unarmed civilians attempted a military coup. Protesters from the current ruling party have done far worse things than those people did. They've set those same buildings on fire and nobody ever jailed them for 18 years over it. That protest was directly caused by the supreme court's profoundly destabilizing actions prior to the 2022 election. In 2019 they gave themselves powers to investigate, prosecute, judge and punish wildcard crimes against themselves encompassing the whole brazilian territory. Then they started engaging in unconstitutional political censorship targeting Bolsonaro and his supporters. I was there, I saw them do it. Any claims to the contrary are gaslighting.