by DAVID BROWN | CLEARNFO.com | March 29, 2015
Most of us have at least heard of Monsanto and the GMOs that it produces; and most of us know that Monsanto GMOs are not a result of careful selective breeding of the same specie of plant or animal but rather the splicing of genes from one specie to another providing a quicker and a more targeted approach; and after all, genes are genes so why should you care if part of the corn you are eating has virus or pesticide DNA? Like much of the ‘settled science’ by consensus, we are assured that GMOs are safe to eat by all the paid authorities, yet many countries have banned GMOs. So my questions are: If GMOs are so good for you, why has Monsanto spent millions preventing labeling of their products all across America? If I built a fine product, I would be proud of the product and want to at least label it and let everyone know about my product, right? And if GMOs are so good for you, why did Monsanto seek and receive legal liability protection from the US Federal Government? There is much, much more to this story and it all makes Monsanto look bad in my opinion. You can do your own research on the documented health effects and the law suits Monsanto has used to put its competition out of business. Keep in mind that Monsanto also made Agent Orange. Not a good citizen in my opinion.
Believe it or not, there is a link from Monsanto to the US takeover of Ukraine. Apparently the IMF loan of $17 billion to Ukraine is conditioned on Ukraine allowing GMO crops.
Frederic Mousseau, who is a Policy Director at The Oakland Institute:
“We saw in 2013 that Monsanto invested $140 million in new seed plans in Ukraine. It is clearly the bread basket of Europe and it is a key target for a company like Monsanto, which sees this huge potential for production and this huge market. Europe has been quite resistant in allowing GMOs, but if they are successful in Ukraine then there might be a domino effect in Europe.”
The $17 billion IMF loan to Ukraine is contingent on Ukraine allowing GMO crops: IMF loan stipulations require permitting GMO production.
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Though Monsanto has under performed against the Nasdaq and S&P 500, it tracks the DOW pretty well over the past 5 years. In any event, the overall trend is up. The trending is lower Feb and March of this year, but it is not clear if all the mounting bad press will have any lasting impact on this politically well-connected and intrenched company.
Monsanto | Source Yahoo Finance (Click for Larger View)
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