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Chico Vigilante

District deputy and leader of the PT in the CLDF (Legislative Chamber of the Federal District).

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The media mourns Parente, but he should go to jail.

Parente's policies led Brazil to chaos and endless queues. This traitor, this sellout of the country, should go to jail for the billions in losses he caused to Petrobras and to the millions of people who suffered and continue to suffer because of his policies.

Brasilia - Petrobras President Pedro Parente participates in the ceremony to unveil Petrobras' 2018-2022 Business and Management Plan (Fabio Rodrigues Pozzebom/Agência Brasil) (Photo: Chico Vigilante)

Looking at the disaster that was Pedro Parente's presidency of Petrobras – one of the most illustrious figures in the PSDB, the party of the tucanos – I am reminded that this was not the only major disaster he caused.

He is also held responsible for the 2001 energy blackout, when he was Minister of Mines and Energy under FHC, due to the lack of investment in energy generation and transmission in the country.

Much of the Brazilian media, the so-called economic analysts, are not journalists, but lobbyists. Nobody mentioned this now that Parente is downfall. They just tearfully repeat that he recovered Petrobras.

Any idiot can get results selling a product like oil, which is a Petrobras monopoly, because if nobody else has it, everyone has to buy from the same company.

I visited the distribution center in Senador Canedo, Goiás. It's a huge tank, and all the distributors get their fuel from that same tank. If it's a monopoly and you set the price sky-high, there's no way it won't be profitable.

What the analysts in the coup-supporting media don't say is that Parente destroyed the policy developed during Lula's government of valuing national content.

What does this mean? It means buying the supplies, equipment, and machinery for the production of refined petroleum here in Brazil; manufacturing ships for transporting the petroleum; and manufacturing the oil platforms here in Brazil.

Even so, and despite the media, any Brazilian can see the difference in price adjustment policies between the PT (Workers' Party) governments and the current one.

The internet is full of comparative analyses and historical tables showing that during Lula's government there were 7 fuel price adjustments in 8 years, during Dilma's government 6 adjustments in 5 years, and during Temer's misgovernment 225 adjustments in 2 years.

Parente's policies led Brazil to chaos and endless queues. This traitor, this sellout of the country, should go to jail for the billions in losses he caused to Petrobras and to the millions of people who suffered and continue to suffer because of his policies.

The most serious issue, which the media that laments him doesn't mention, is that they are taking money away from school lunches, public safety, and healthcare, and that because of this, thousands of people will die in the streets and in emergency room queues due to a lack of beds and ICUs.

* This is an opinion article, the responsibility of the author, and does not reflect the opinion of Brasil 247.