Lula’s Heart vs Brazil’s Interests

Brazil’s president, Luiz Lula da Silva, has informed everyone whom he favors in today’s election: “This (financial) crisis, among other benefits it will cause, will get Obama elected as president of the United States. It will get a black man elected, which is no small matter.”

This is quite ironic. During Lula’s tenure as president of Brazil he has heavily focused his relationship with the United States on commercial issues, particularly two: the elimination of a U.S. tariff on Brazilian ethanol and the reduction of U.S. farm subsidies for which Brazil has refused to negotiate a Free Trade Area of the Americas. On both issues, John McCain favors Brazil’s interests while Obama opposes them.

McCain has said he would eliminate the tariff on Brazilian ethanol (which is probably costing him Iowa). Obama would keep it. McCain also voted against the farm bill which extended the agricultural subsidies that Lula complains so much about in international fora. Obama voted in favor of it.

It seems that Lula’s left-leaning heart has lead him to favor a candidate that goes against his country’s own interests.