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Evil Monsanto Finally Reaping Its Just Desserts

 
good news:)
User ID: 1068506
United States
10/23/2010 11:00 AM
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Evil Monsanto Finally Reaping Its Just Desserts
Monsanto, the giant biotechnology agriculture company that created genetically modified corn, soybeans and herbicides, isn't riding so high this year in the stocks department, as news comes in that its products aren't working like they'd hoped.

According to the New York Times, weeds are becoming immune to Monsanto's herbicide Roundup, and its latest genetically modified, 8-gene corn is a flop, producing yields no higher than the company's less expensive corn, which contains only three foreign genes.

"Monsanto has already been forced to sharply cut prices on SmartStax and on its newest soybean seeds, called Roundup Ready 2 Yield, as sales fell below projections," the Times said. "And the Justice Department is investigating Monsanto for possible antitrust violations."

"Until now, Monsanto's main challenge has come from opponents of genetically modified crops, who have slowed their adoption in Europe and some other regions. Now, however, the skeptics also include farmers and investors who were once in Monsanto's camp."

Monsanto was named "company of the year" by Forbes Magazine in December. Last week, television stock market commentator Jim Cramer said it "may be the worst stock of 2010," the Times said.

much more info here


[link to articles.mercola.com]


Monsanto Monstrosities Swept Under the Rug
Why is Monsanto top on my hit list of evil corporations? Here is just a short list of the many improprieties and outright crimes committed by Monsanto:

•Suing small farmers for patent infringement after Monsanto's GM seeds spread wildly into surrounding farmers' fields, contaminating their conventional crops
•Secretly discharging PCB-laden toxic waste into an Alabama creek, and dumping millions of pounds of PCBs into open-pit landfills for decades after PCBs were banned in the US for being a possible carcinogen.
•Being found guilty of bribery to bypass Indonesian law requiring an environmental assessment review for its genetically engineered cotton.
•Last year, the supreme court of France found Monsanto guilty of falsely advertising its herbicide Roundup as "biodegradable" and "environmentally friendly." Scientific evaluation discovered that glyphosate, the active ingredient in RoundUp, is acutely toxic to fish and birds and can kill beneficial insects and soil organisms that maintain ecological balance. Additionally, the surfactant ingredient in Roundup is more acutely toxic than glyphosate itself, and the combination of the two is even more toxic.
•In 2007, the South African Advertising Standards Authority also found Monsanto guilty of lying when advertising that "no negative reactions to Genetically Modified food have been reported."
•According to one EPA scientist, Monsanto doctored studies and covered-up dioxin contamination of a wide range of its products. She concluded that the company's behaviour constituted "a long pattern of fraud."
•In 1999, the New York Times exposed that Monsanto's PR firm, Burson Marsteller, had paid fake "pro-GMO" food demonstrators to counteract a group of anti-biotech protesters outside a Washington, DC FDA meeting.
This should give you a clue as to why I'm thrilled that Monsanto appears to be falling out of favor, at least in the stock market realm.
*Shaun*  (OP)

User ID: 1068506
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10/23/2010 11:01 AM
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Re: Evil Monsanto Finally Reaping Its Just Desserts
hi, i love you:)
~*i love you*~
Anonymous Coward
User ID: 1139403
United Kingdom
10/23/2010 11:06 AM
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Re: Evil Monsanto Finally Reaping Its Just Desserts
This cheered me up, hopefully it'll only get worse for them
Dogzilla

User ID: 847985
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10/23/2010 11:14 AM
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Re: Evil Monsanto Finally Reaping Its Just Desserts
May karma's wrath be swift and just.
Meet the new boss, same as the old boss...
Anonymous Coward
User ID: 1022820
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10/23/2010 11:17 AM
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Re: Evil Monsanto Finally Reaping Its Just Desserts
I hope their just deserts were made from there products.
Anonymous Coward
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10/23/2010 11:19 AM
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Re: Evil Monsanto Finally Reaping Its Just Desserts
The Repukes will try to save them.
notabadsite
User ID: 1094812
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10/23/2010 11:28 AM
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Re: Evil Monsanto Finally Reaping Its Just Desserts
I hope their just deserts were made from there products.
 Quoting: Anonymous Coward 1022820

1rof1

Looks like DNA doesn't work the way they think. The Earth has already made there seeds "outdated".





GLP