September 26, 2007 (LPAC) -- In a slavish display of the notorious pragmatism which in today's global breakdown crisis could destroy Brazil as a nation, Dilma Rousseff, chief of President Lula da Silva's cabinet, used a Sept. 24 interview with Brazilian financial daily, Valor Economico, to publicly kiss the British-Spanish Santander Bank's butt -- not once, but three times in a single interview.

Rousseff, who is a leftist from Lula's PT party, hailed Santander's grip on Brazil as exemplary of the kind of public-private partnership the Lula government needs and wants. Should the Santander-Royal Bank of Scotland-Fortis buyout of Holland's ABN-Amro bank go through, Santander will get its hands on Brazil's Banco Real, and become the second largest private bank in Brazil.

"The government thinks this is perfectly natural, welcome, no problem," Rousseff stated.

Last April, LaRouche PAC warned that the British monarchy was using its Santander Bank to try to stage an economic coup in Brazil, and ensure Brazil to sabotage the project to create an independent Bank of the South. Judging by Rousseff's slavishness, Santander is not satisfied with having placed its former employees directly in the cabinet and the leadership of the central bank, and is applying the screws to demand more.