Word: brazil
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Dates: during 1960-1969
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...ranching neighbor, oldtime Brazilian Strongman Getúlio Vargas, became Labor Minister when Vargas swept back into the presidency in 1950. Jango immediately began buying labor's votes with promises of pay boosts, was finally pressured out of the ministry by the military when he tried to double Brazil's minimum wage. With Vargas' suicide in 1954, Goulart inherited the leadership of the Brazilian Labor Party, became Vice President under Kubitschek, then under Quadros, thanks to a system that permits the election of a President from one party, a Veep from another...
...value of the cruzeiro dropped 83%. The country ran up a staggering $3.7 billion foreign debt, with almost no hope of repaying it. Foreign investors kept their capital safely at home, or sent it anywhere but to Brazil...
...ruin approached, Goulart turned desperately to the far left for political support, threatened to rewrite the constitution, which prevents a President from succeeding himself, and entrench himself in power. A left-run nation of permanent chaos loomed as an all too real prospect. And Brazil, of course, is no island; the largest and most important nation in Latin America, it could conceivably drag the rest of the continent down with...
This prospect finally alarmed not only Brazil's conservatives but middlereaders and liberals as well. Even the radical groups Jango had tried to organize-unions, peasants, noncommissioned officers-in the end did not follow him. It was practically everybody against Jango and his ambitions, his ineptness, his phony reforms. At a party meeting in Rio, even the Communists turned on him. "As far as we are concerned," said one Communist leader, "Jango is dead. He was a stupid...
General Artur da Costa e Silva, 61, the army's senior ranking officer and one of Brazil's ablest tacticians, began organizing and planning. The plan was twofold. First, troops at Juiz de Fora, in Minas Gerais state, would rise up in rebellion. Then would follow a pause until Goulart's loyal forces were fully committed to crushing the trouble in Minas Gerais. Then a main force would march on Rio, and other commands would join the revolt. Costa e Silva's emissaries began crisscrossing the country, discreetly lining up support. "In the final days before...