Good news: Brazilian prez blames financial crisis on "white people with blue eyes"

I guess I’m in the clear. Good stuff, though: If there’s anything we need more of in an age of economic terror and populist rage, it’s racial demagoguery. What, no Jew-baiting?

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President Lula said it was completely unfair that the poorest people in the world were suffering most for the mistakes of wealthy, Western financiers…

President Lula, head of Brazil’s main left-wing party, said that ‘no black man or woman, no indigenous person, no poor person’ had been in any way culpable for the global banking crisis.

‘I’m not acquainted with any black banker,’ he said. ‘The part of humanity that’s responsible should pay for the crisis.’

The president of Brazil doesn’t know any black bankers? None? He may get more media attention than he bargained for from this little bon mot. Exit question: Can’t we all put aside our differences and just blame Soros?

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John Stossel 8:30 AM | March 16, 2025
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