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BRAZILIAN PRESIDENT BLAMES THE BLUE EYED DEVIL FOR ECONOMIC CRISIS

President Luiz Inacio Lula da Silva

President Luiz Inacio Lula da Silva

Some scream racism, but Brazilian President Luiz Inacio Lula da Silva says it is an observation as he blames “white people with blue eyes” for the world economic crisis. The Brazilian President also declares that it is wrong to ask developing countries to pay for mistakes made in richer countries.

President Luiz Inacio Lula da Silva, criticizes the European Union and the US for tariffs on products from developing countries. Pointing a finger to Western bankers, he strongly advocates that developing countries have a bigger say in decisions on the world economy.

“This crisis was caused by the irrational behavior of white people with blue eyes, who thought they knew everything and now show they know nothing,” Lula da Silva said after a meeting with the UK Prime Minister Gordon Brown in the country’s capital of Brasilia.

Not surprising, Lula da Silva’s comments which were widely reported in the press, has drawn charges of racism according to CNBC.

When challenged about his claims, Lula said: “I only record what I see in the press. I am not acquainted with a single black banker,” according the Guardian newspaper.

UK Prime Minister Gordon Brown

UK Prime Minister Gordon Brown

Although the UK press reported that Downing Street is saying the Brazilian President’s remarks were meant “for domestic consumption”, whatever that means, Brown shown here to the right appears to be distancing himself from Lula da Siva’s comments.

Following the meeting, the UK Prime Minister urged the G20 to back a $100 billion expansion of trade finance to reverse a fall in exports and, with his Brazilian counterpart, called for a global trade agreement.

Leading industrial and developing nations, including Brazil, will attend the G20 summit to be hosted by Brown in London on April 2.

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