Word: goulart
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...ever there was a popular revolution, it was the one that last week toppled Brazilian President João ("Jango") Goulart. In São Paulo, samba dancers whirled through the streets, singing, shouting and kicking. In Rio, some 300,000 cariocas pranced and danced along the Avenida Presidente Vargas beneath a storm of confetti, tootling carnival horns, waving handkerchiefs, clapping every back within reach. At a Copacabana restaurant, three tired, rain-drenched college boys tramped in off the street, plopped down at a table and lovingly draped a damp green, blue and yellow Brazilian flag over the fourth chair...
...enthusiastic, and forthwith sent his "warmest good wishes" to the new President, Paschoal Ranieri Mazzilli. In Peru, Lima's La Prensa called the revolution a "healthy action"; in Argentina, former President Pedro Aramburu said that "democracy has won out." But despite all the enthusiasm, getting rid of Goulart was only a first and far-from-conclusive step. He had mismanaged Brazil so badly that his downfall became inevitable, but the fruits of that mismanagement remain for his successors to cope with...
...public works projects, including the construction of the nation's $600 million capital of Brasília. Erratic Jânio Quadros, who took office in 1961, slapped on rigid austerity measures. But he stuck around only seven months before resigning in a fit of pique, and then Goulart-his Vice President-moved into the palace...
...wealthy rancher from Rio Grande do Sul state, Goulart learned his politics at the knee of a 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...
...President, Goulart continued wooing labor at all costs. When he needed money, he just printed it-and Jango needed plenty, as the economy began flying apart. During his 31 months in office, the country's cost of living soared...