Word: brasil
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...EASY TO DESTROY, BUT IT TAKES 35 YEARS TO BUILD! WE WILL NOT DIE! The protests were against one of the most severe economic reforms yet attempted by Brazil's revolutionary government. In a special decree, President Humberto Castello Branco ordered the country's big Panair do Brasil airline to cease operations immediately, grounded its planes, and turned over its domestic and international routes to other Brazilian lines...
...consider myself a man of center-left political feelings. I would not say that I am admired by the present government," Jaguaribe commented yesterday. He described Brasil as a "rather discreet police state, somewhat like those of Franco and Salazar...
...inflation and are ready to go along. "Inflation," says São Paulo Industrialist Paulo Quartim Barbosa, "is an illusion of grandeur and a guarantee of catastrophe." As for foreign investors, they were busy dusting off all the expansion plans pigeonholed while Goulart was in power. Willys-Overland do Brasil, the country's largest automaker, plans a $30 million expansion, Volkswagen is investing another $21 million in its São Paulo plant, Argentina's Bunge & Born is ready to go ahead with a $16 million superphosphates plant, Columbia Ribbon & Carbon plans an $8,000,000 investment...
Loans & Phantoms. The evidence coming out about Goulart's method of acquisition is no less remarkable. According to investigators, an employee of the Fundação Brasil Central, a federal land colonization agency, cleared the way for Goulart's title to Cristalina ranch in Mato Grosso by convincing the former owners that their buildings would be burned to the ground unless they sold out at ridiculously low prices. The new government claims that Goulart got the 112,672-acre Fazenda Três Marias, another of his Mato Grosso ranches, free in return for giving the owner...
...than 500 phantom employees have been found on the payroll of Goulart's Planalto and Alvorada palaces in Brasília-all hired by Jango. Government-paid employees worked on Goulart's ranches; the Brazilian air force built landing strips on them; the Fundação Brasil Central pitched in on construction work...