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Cinnamon

BRAZIL PRESIDENT ROUSSEFF SUSPENDED, TO BE PUT ON TRIAL AFTER LOSING IMPEACHMENT VOTE

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n a vote whose outcome was largely expected, moments ago the Brazilian Senate concluded a marathon 21 hour session with a 55 to 22 vote to suspend President Dilma Rousseff from office to face an impeachment trial, ushering in a new government to take command of Latin America’s largest economy. Rousseff will be tried on allegations she illegally doctored fiscal accounts to mask the size of the budget deficit.

When officially notified later on Thursday morning, Brazil's first woman president will be suspended, ending 13 years of rule by the leftist Workers Party, and the "market friendly" Vice President Michel Temer will become acting president during her trial.

As Bloomberg adds, "from the moment she receives the notification, the process of impeachment for the crime of responsibility takes effect," Senate President Renan Calheiros said after voting ended. She is expected to be notified within hours, and give a press conference at 10 a.m. local time.

Rousseff, a one-time guerrilla fighter, now must step down and stand trial in the Senate, in a process that could by law last as long as 180 days and result in her permanent removal from office. Rousseff will maintain some presidential privileges such as an official residence, a salary, a security detail, personal staff and transportation. Vice President Michel Temer, 75, will take over as interim president. Many expect the switch to be permanent.

"It’s difficult to see a situation where Rousseff would be able to come back," said Harold Trinkunas, director of the Latin America Initiative at the Brookings Institution in Washington.

Temer’s aides said he will work fast to build support by putting in place an economic team that can revive confidence amid above-target inflation, double-digit unemployment and a near-record budget deficit. He will announce new cabinet members at 4 p.m. local time.

The vote has capped nearly six months of political uncertainty since then-lower house speaker Eduardo Cunha accepted the impeachment request. Rousseff’s chances of surviving declined rapidly in recent months as a corruption probe encroached on her inner circle and the worst recession in decades eroded many of the gains that Brazilians enjoyed during the 13 years of rule by her leftist Workers’ Party. What led a majority of Brazilians to back impeachment was the sense that Rousseff both mismanaged the economy and was lenient on corruption. At its zenith, her party combined social welfare and market savvy to earn the envy of the developing world.

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She's getting canned because of leniency on corruption and mismanagement... oh what would they do to our leaders here? lol  It's pretty bad when Brazil has the guts to impeach but our CONgress doesn't! 

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