IBOV 175,948 ▲ 0.12% IPSA 10,928 ▲ 0.16% IPC MEX 66,674 ▲ 1.06% MERVAL 3,226,478 ▼ 0.27% COLCAP 2,293.58 ▼ 0.61% BVL PERÚ 56,428.20 ▲ 1.55% USD/BRL5.07▼ 1.22% USD/MXN17.43▼ 0.56% USD/CLP926.40▼ 0.70% USD/COP3,247▼ 0.48% USD/PEN3.39▼ 0.62% USD/ARS1,470▼ 0.88% USD/UYU40.23▲ 0.99% USD/PYG6,039▲ 1.12% USD/BOB10.35▲ 6.04% USD/DOP58.25▲ 0.29% USD/CRC448.93▲ 1.31% USD/GTQ7.62▲ 2.07% USD/HNL26.73▲ 1.38% USD/NIO36.62▲ 0.63% USD/VES722.19▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD156.98▲ 0.25% USD/TTD6.75▲ 1.19% EUR/BRL5.80▼ 0.40% BRENT 84.46 ▲ 1.39% WTI 79.03 ▲ 1.14% IRON ORE 161.91 — — COPPER 6.37 ▲ 2.18% GOLD 4,068 ▲ 1.78% SILVER 59.13 ▲ 2.59% SOY 1,191 ▼ 0.94% CORN 460.75 ▲ 5.25% WHEAT 644.50 ▲ 2.79% COFFEE 327.00 ▼ 4.22% SUGAR 14.92 ▲ 1.15% ORANGE JUICE 140.90 ▼ 1.16% COTTON 81.68 ▲ 2.32% COCOA 5,936 ▲ 4.21% BEEF 231.58 ▼ 1.34% CATTLE 349.63 ▼ 1.33% LITHIUM 71.40 ▲ 1.65% PETR4 40.54 ▼ 0.30% VALE3 74.16 ▲ 1.80% ITUB4 43.28 ▼ 0.55% BBDC4 18.41 ▼ 1.92% ABEV3 15.83 — 0.00% BBAS3 20.45 ▲ 1.04% B3SA3 15.38 ▲ 1.72% WEGE3 44.44 ▲ 0.11% PRIO3 56.91 ▼ 0.51% SUZB3 41.37 ▼ 0.29% RENT3 40.29 ▲ 0.22% AZZA3 18.79 ▼ 2.24% CSAN3 3.86 ▼ 1.03% RAIZ4 0.31 ▼ 6.06% PCAR3 2.46 ▼ 5.02% GMAT3 3.96 ▲ 0.51% PSSA3 54.15 ▲ 0.20% CVCB3 1.35 ▲ 8.00% POSI3 3.94 ▼ 1.25% SLCE3 13.68 ▼ 1.37% NATU3 8.51 ▼ 1.05% BRKM5 6.66 ▼ 4.03% RANI3 8.03 ▲ 1.01% CSNA3 5.14 ▼ 1.91% CMIN3 5.10 ▼ 6.42% USIM5 8.26 ▼ 1.43% GGBR4 23.14 ▲ 1.40% ENEV3 26.77 ▼ 0.41% CPFE3 47.17 ▲ 0.70% CMIG4 11.12 ▲ 0.45% EQTL3 41.01 ▲ 1.99% LREN3 14.15 — 0.00% VIVT3 35.47 ▲ 2.13% RAIL3 14.10 ▼ 0.07% KLABIN 17.40 ▼ 0.46% RAIA DROGASIL 18.37 ▲ 0.93% RDOR3 35.89 ▲ 0.93% HAPV3 10.67 ▲ 2.01% FLRY3 16.38 ▲ 1.42% SMTO3 16.16 ▼ 1.28% UGPA3 29.82 ▼ 3.59% VBBR3 32.93 ▲ 0.52% BBSE3 40.21 ▼ 0.17% BPAC11 57.74 ▲ 0.38% CURY3 32.78 ▼ 1.03% AERI3 2.08 — 0.00% VIVARA 23.30 ▲ 0.82% COMPASS 25.26 ▲ 1.98% VAMOS 3.04 ▲ 0.66% SANB11 27.26 ▼ 0.40% ASAI3 8.65 ▼ 0.69% SBSP3 30.31 ▼ 0.20% WALMEX 49.54 ▼ 0.22% GMEXICO 200.56 ▲ 2.54% FEMSA 233.24 ▲ 3.50% CEMEX 22.19 ▲ 1.88% GFNORTE 186.84 ▲ 2.62% BIMBO 56.71 ▲ 1.50% TELEVISA 9.53 ▼ 0.83% AMX 22.89 ▲ 1.33% GAP 389.99 ▼ 4.46% ASUR 277.85 ▼ 0.29% OMA 235.03 ▲ 0.73% KOF 181.58 ▼ 0.06% GRUMA 280.72 ▼ 0.23% KIMBER 38.41 ▲ 0.50% SQM-B 67,402 ▲ 0.28% COPEC 6,075 ▲ 0.29% BSANTANDER 78.50 ▲ 0.38% FALABELLA 5,903 ▼ 0.04% ENELAM 84.99 ▲ 0.94% CENCOSUD 2,044 ▲ 0.20% CMPC 1,076 ▼ 0.19% BANCO CHILE 188.01 ▲ 1.63% LATAM AIR 24.86 ▼ 0.16% YPF 77,075 ▼ 0.13% GGAL 7,975 ▼ 1.30% PAMPA 5,185 ▼ 0.77% TXAR 662.00 ▼ 0.38% ALUAR 950.00 ▼ 1.50% TGS 9,655 ▲ 0.89% CEPU 2,319 — 0.00% MIRGOR 16,725 ▼ 1.62% COME 45.30 ▲ 1.16% LOMA NEGRA 3,530 ▲ 0.93% BYMA 301.50 ▼ 2.19% TELECOM ARG 4,288 ▲ 0.88% ECOPETROL 16.02 ▲ 0.88% BANCOLOMBIA 81.53 ▲ 1.38% GRUPO AVAL 4.91 — 0.00% CREDICORP 389.80 ▲ 0.15% SOUTHERN COPPER 180.38 ▲ 3.35% BUENAVENTURA 30.84 ▲ 3.42% MERCADOLIBRE 1,854 ▼ 0.72% NUBANK 13.85 ▲ 1.33% XP 16.72 ▲ 2.11% PAGSEGURO 9.17 ▼ 1.24% STONE 11.13 ▼ 0.22% GLOBANT 31.48 ▼ 1.99% TECNOGLASS 43.71 ▲ 2.03% GAP AIRPORT 223.62 ▼ 3.93% ASUR 277.85 ▼ 0.29% OMA AIRPORT 107.55 ▲ 1.34% AMX ADR 26.20 ▲ 0.65% FEMSA ADR 133.87 ▲ 3.76% CEMEX ADR 12.70 ▲ 2.01% PETROBRAS ADR 17.87 ▼ 0.08% VALE ADR 14.58 ▲ 2.79% ITAU ADR 8.51 ▲ 0.41% SANTANDER BR 5.39 ▲ 0.65% AMBEV ADR 3.10 ▲ 1.14% CSN 1.02 ▼ 1.46% GERDAU 4.58 ▲ 1.89% LATAM ADR 53.58 ▲ 0.47% BTC 64,451 ▲ 3.55% ETH 1,869 ▲ 5.39% SOL 76.95 ▲ 2.79% XRP 1.10 ▲ 3.49% BNB 579.85 ▲ 2.33% ADA 0.16 ▲ 3.73% DOGE 0.07 ▲ 3.40% AVAX 6.65 ▲ 3.19% LINK 8.24 ▲ 4.63% DOT 0.85 ▲ 1.61% LTC 44.49 ▲ 2.30% BCH 237.06 ▲ 0.35% TRX 0.33 ▲ 0.35% XLM 0.18 ▲ 2.23% HBAR 0.07 ▼ 0.13% NEAR 2.03 ▲ 5.80% ATOM 1.56 ▲ 1.30% AAVE 98.82 ▲ 4.73% SELIC 14.25% EMBRAER 82.86 ▼ 0.18% EMBRAER ADR 65.28 ▲ 1.24% JBS 11.84 ▲ 0.30% JBS BDR 59.94 ▼ 1.11% MBRF3 16.10 ▲ 2.42% MBRFY 3.10 ▲ 1.64% INTER 5.64 ▼ 0.27% IBOV 175,948 ▲ 0.12% IPSA 10,928 ▲ 0.16% IPC MEX 66,674 ▲ 1.06% MERVAL 3,226,478 ▼ 0.27% COLCAP 2,293.58 ▼ 0.61% BVL PERÚ 56,428.20 ▲ 1.55% USD/BRL 5.07 ▼ 1.22% USD/MXN 17.43 ▼ 0.56% USD/CLP 926.40 ▼ 0.70% USD/COP 3,247 ▼ 0.48% USD/PEN 3.39 ▼ 0.62% USD/ARS 1,470 ▼ 0.88% USD/UYU 40.23 ▲ 0.99% USD/PYG 6,039 ▲ 1.12% USD/BOB 10.35 ▲ 6.04% USD/DOP 58.25 ▲ 0.29% USD/CRC 448.93 ▲ 1.31% USD/GTQ 7.62 ▲ 2.07% USD/HNL 26.73 ▲ 1.38% USD/NIO 36.62 ▲ 0.63% USD/VES 722.19 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 156.98 ▲ 0.25% USD/TTD 6.75 ▲ 1.19% EUR/BRL 5.80 ▼ 0.40% BRENT 84.46 ▲ 1.39% WTI 79.03 ▲ 1.14% IRON ORE 161.91 — — COPPER 6.37 ▲ 2.18% GOLD 4,068 ▲ 1.78% SILVER 59.13 ▲ 2.59% SOY 1,191 ▼ 0.94% CORN 460.75 ▲ 5.25% WHEAT 644.50 ▲ 2.79% COFFEE 327.00 ▼ 4.22% SUGAR 14.92 ▲ 1.15% ORANGE JUICE 140.90 ▼ 1.16% COTTON 81.68 ▲ 2.32% COCOA 5,936 ▲ 4.21% BEEF 231.58 ▼ 1.34% CATTLE 349.63 ▼ 1.33% LITHIUM 71.40 ▲ 1.65% PETR4 40.54 ▼ 0.30% VALE3 74.16 ▲ 1.80% ITUB4 43.28 ▼ 0.55% BBDC4 18.41 ▼ 1.92% ABEV3 15.83 — 0.00% BBAS3 20.45 ▲ 1.04% B3SA3 15.38 ▲ 1.72% WEGE3 44.44 ▲ 0.11% PRIO3 56.91 ▼ 0.51% SUZB3 41.37 ▼ 0.29% RENT3 40.29 ▲ 0.22% AZZA3 18.79 ▼ 2.24% CSAN3 3.86 ▼ 1.03% RAIZ4 0.31 ▼ 6.06% PCAR3 2.46 ▼ 5.02% GMAT3 3.96 ▲ 0.51% PSSA3 54.15 ▲ 0.20% CVCB3 1.35 ▲ 8.00% POSI3 3.94 ▼ 1.25% SLCE3 13.68 ▼ 1.37% NATU3 8.51 ▼ 1.05% BRKM5 6.66 ▼ 4.03% RANI3 8.03 ▲ 1.01% CSNA3 5.14 ▼ 1.91% CMIN3 5.10 ▼ 6.42% USIM5 8.26 ▼ 1.43% GGBR4 23.14 ▲ 1.40% ENEV3 26.77 ▼ 0.41% CPFE3 47.17 ▲ 0.70% CMIG4 11.12 ▲ 0.45% EQTL3 41.01 ▲ 1.99% LREN3 14.15 — 0.00% VIVT3 35.47 ▲ 2.13% RAIL3 14.10 ▼ 0.07% KLABIN 17.40 ▼ 0.46% RAIA DROGASIL 18.37 ▲ 0.93% RDOR3 35.89 ▲ 0.93% HAPV3 10.67 ▲ 2.01% FLRY3 16.38 ▲ 1.42% SMTO3 16.16 ▼ 1.28% UGPA3 29.82 ▼ 3.59% VBBR3 32.93 ▲ 0.52% BBSE3 40.21 ▼ 0.17% BPAC11 57.74 ▲ 0.38% CURY3 32.78 ▼ 1.03% AERI3 2.08 — 0.00% VIVARA 23.30 ▲ 0.82% COMPASS 25.26 ▲ 1.98% VAMOS 3.04 ▲ 0.66% SANB11 27.26 ▼ 0.40% ASAI3 8.65 ▼ 0.69% SBSP3 30.31 ▼ 0.20% WALMEX 49.54 ▼ 0.22% GMEXICO 200.56 ▲ 2.54% FEMSA 233.24 ▲ 3.50% CEMEX 22.19 ▲ 1.88% GFNORTE 186.84 ▲ 2.62% BIMBO 56.71 ▲ 1.50% TELEVISA 9.53 ▼ 0.83% AMX 22.89 ▲ 1.33% GAP 389.99 ▼ 4.46% ASUR 277.85 ▼ 0.29% OMA 235.03 ▲ 0.73% KOF 181.58 ▼ 0.06% GRUMA 280.72 ▼ 0.23% KIMBER 38.41 ▲ 0.50% SQM-B 67,402 ▲ 0.28% COPEC 6,075 ▲ 0.29% BSANTANDER 78.50 ▲ 0.38% FALABELLA 5,903 ▼ 0.04% ENELAM 84.99 ▲ 0.94% CENCOSUD 2,044 ▲ 0.20% CMPC 1,076 ▼ 0.19% BANCO CHILE 188.01 ▲ 1.63% LATAM AIR 24.86 ▼ 0.16% YPF 77,075 ▼ 0.13% GGAL 7,975 ▼ 1.30% PAMPA 5,185 ▼ 0.77% TXAR 662.00 ▼ 0.38% ALUAR 950.00 ▼ 1.50% TGS 9,655 ▲ 0.89% CEPU 2,319 — 0.00% MIRGOR 16,725 ▼ 1.62% COME 45.30 ▲ 1.16% LOMA NEGRA 3,530 ▲ 0.93% BYMA 301.50 ▼ 2.19% TELECOM ARG 4,288 ▲ 0.88% ECOPETROL 16.02 ▲ 0.88% BANCOLOMBIA 81.53 ▲ 1.38% GRUPO AVAL 4.91 — 0.00% CREDICORP 389.80 ▲ 0.15% SOUTHERN COPPER 180.38 ▲ 3.35% BUENAVENTURA 30.84 ▲ 3.42% MERCADOLIBRE 1,854 ▼ 0.72% NUBANK 13.85 ▲ 1.33% XP 16.72 ▲ 2.11% PAGSEGURO 9.17 ▼ 1.24% STONE 11.13 ▼ 0.22% GLOBANT 31.48 ▼ 1.99% TECNOGLASS 43.71 ▲ 2.03% GAP AIRPORT 223.62 ▼ 3.93% ASUR 277.85 ▼ 0.29% OMA AIRPORT 107.55 ▲ 1.34% AMX ADR 26.20 ▲ 0.65% FEMSA ADR 133.87 ▲ 3.76% CEMEX ADR 12.70 ▲ 2.01% PETROBRAS ADR 17.87 ▼ 0.08% VALE ADR 14.58 ▲ 2.79% ITAU ADR 8.51 ▲ 0.41% SANTANDER BR 5.39 ▲ 0.65% AMBEV ADR 3.10 ▲ 1.14% CSN 1.02 ▼ 1.46% GERDAU 4.58 ▲ 1.89% LATAM ADR 53.58 ▲ 0.47% BTC 64,451 ▲ 3.55% ETH 1,869 ▲ 5.39% SOL 76.95 ▲ 2.79% XRP 1.10 ▲ 3.49% BNB 579.85 ▲ 2.33% ADA 0.16 ▲ 3.73% DOGE 0.07 ▲ 3.40% AVAX 6.65 ▲ 3.19% LINK 8.24 ▲ 4.63% DOT 0.85 ▲ 1.61% LTC 44.49 ▲ 2.30% BCH 237.06 ▲ 0.35% TRX 0.33 ▲ 0.35% XLM 0.18 ▲ 2.23% HBAR 0.07 ▼ 0.13% NEAR 2.03 ▲ 5.80% ATOM 1.56 ▲ 1.30% AAVE 98.82 ▲ 4.73% SELIC 14.25% EMBRAER 82.86 ▼ 0.18% EMBRAER ADR 65.28 ▲ 1.24% JBS 11.84 ▲ 0.30% JBS BDR 59.94 ▼ 1.11% MBRF3 16.10 ▲ 2.42% MBRFY 3.10 ▲ 1.64% INTER 5.64 ▼ 0.27%
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Tuesday, July 14, 2026

Throw the Rascals Out! Part II

By · December 11, 2012 · 3 min read

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Opinion, by Michael Royster

RIO DE JANEIRO, BRAZIL – “Throw the rascals out!” This cry is, today in Brazil, relevant to the “mensalão” scandal, in particular the question of whether three elected Federal Deputies who have been convicted by the STF of high crimes and misdemeanors can remain members of Congress.

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The dispute is over who has the right to throw the rascals out—the Judicial or the Legislative branch of government. As this is written, the Presiding Justice of the STF has pronounced that the judicial sentencing of these Congressmen should include the loss of their seats in Congress, but the Speaker of the House has maintained that Congress, not the STF, is the sole judge of its membership.

The Presiding Justice bases his decision on Article 92 of the Penal Code. Other Justices, including the Revising Justice, feel that Article 55 of the Federal Constitution trumps this position. At this writing (Monday night) the vote was 4 to 4, with only 1 more vote to be counted. The final vote will be cast on Wednesday afternoon, December 12th. If you’re a lawyer or a pundit, the suspense is thrilling!

What Article 55 says is that a Federal Deputy shall lose office if (among other things) a final criminal judgment is entered against him. Subparagraph 2 of that Article stipulates that the loss of elective office shall be determined by an absolute majority of the Federal Chamber of Deputies (257 votes out of 513), after a vote carried out by secret ballot. In other words, even if the STF decrees the loss of elective office, that decision may not be binding on Congress.

Let’s be clear. According to the Speaker of the House, Federal Congresspersons are free to decide that their colleagues, even though convicted of crimes carrying jail terms, can and should remain as Deputies. Put another way, unless 257 Deputies vote to “throw the rascals out” the rascals will remain in. They call this democracy.

The Curmudgeon calls it scary, because there’s a very good chance that the Congressional coalition cobbled together by Lula, the Gang of Four and their corrupt cohorts, will close ranks and refuse to vote to throw the rascals out. PT’s official position is that the STF decision was wrong, no crimes were committed, and there are no rascals. Why then, should any of the party faithful vote to throw them out?

Public opinion will be hugely against this, but, when the vote is by secret ballot… Who’s to know? Certainly not the public. The secret legislative ballot is a relic from the days of the military dictatorship, when the Generals would unseat any Congressperson who did not hew the military line. In those days, Congressional secrecy was a pro-democratic measure. Today, it is anti-democratic.

A “secret” ballot will be secret only to the public and the press. You may be sure that Dilma and Lula will know every single vote; so will José Dirceu, José Genuino and the Gang of Four. They will ALL have access to the Congressional vote, and woe betide those party members who row against the tide.

If, as expected, the STF vote is 5 to 4 to include the loss of elective office in the decision, the Speaker of the House has threatened to disobey the decision. Unless cooler heads prevail, a constitutional crisis is brewing.

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Michael Royster, aka THE CURMUDGEON first saw Rio forty-plus years ago, fetched up on these shores exactly 35 years ago, still loves it, notwithstanding being a charter member of the most persecuted minority in (North) America today, the WASPs (google it!)(get over it!)

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