It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Google Video Link
Over the past few years, Monsanto, a chemical firm, has positioned
itself as an agricultural company through control over seed - the
first link in the food chain. Monsanto now wants to control water, the
very basis of life.
In 1996, Monsanto bought the biotechnology assets of Agracetus, a
subsidiary of W. R. Grace, for $150 million and Calgene, a
California-based plant biotechnology company for $340 million. In
1997, Monsanto acquired Holden seeds, the Brazilian seed company,
Sementes Agrocerus and Asgrow. In 1998, it purchased Cargill's seed
operations for $1.4 billion and bought Delta and Pine land for $1.82
billion and Dekalb for $2.3 billion.
In India, Monsanto has bought MAHYCO, Maharashtra Hybrid Company, EID
Parry and Rallis. Mr. Jack Kennedy of Monsanto has said, "we propose
to penetrate the Indian agricultural sector in a big way. MAHYCO is a
good vehicle." According to Mr. Robert Farley of Monsanto, "what you
are seeing is not just a consolidation of seed companies, it's really
a consolidation of the entire food chain. Since water is as central to
food production as seed is, and without water life is not possible,
Monsanto is now trying to establish its control over water. During
1999, Monsanto plans to launch a new water business, starting with
India and Mexico since both these countries are facing water
Monsanto plans to earn revenues of $420 million and a net income of
$63 million by 2008 from its water business in India and Mexico. By
2010, about 2.5 billion people in the world are projected to lack
access to safe drinking water. At least 30 per cent of the population
in China, India, Mexico and the U.S. is expected to face severe water
stress. By 2025, the supply of water in India will be 700 cubic km per
year, while the demand is expected to rise to 1,050 units. Control
over this scarce and vital resource will, of course, be a source of
guaranteed profits. As John Bastin of the European Bank of
Reconstruction and Development has said, "Water is the last
infrastructure frontier for private investors."
At the same
time, attempts are being made by the World Bank to privatise water
resources and establish trade in water rights. These trends will suit
Monsanto well in establishing its water and aquaculture businesses.
The Bank has already offered to help. As the Monsanto strategy paper
states: "We are particularly enthusiastic about the potential of
partnering with the International Finance Corporation (IFC) of the
World Bank to joint venture projects in developing markets. The IFC is
eager to work with Monsanto to commercialise sustainability
opportunities and would bring both investment capital and
on-the-ground capabilities to our efforts."
Originally posted by italkyoulisten
Monsanto is a friendly corporation that is quickly gaining monopoly over the world's food supply through its special genetically enhanced seeds. Monsanto also happens to be the same people who have brought us Agent Orange. What are your thoughts on this?
Some Monsanto info
Here is also a French documentary on the multi-national corporation:
The World According to Monsanto
Google Video Link
How about this, why doesn't the farmer suit monsanto for contaminating his lifelong heritage crop?
Because that is exactly what happened!
Monsanto was negligent for selling seed that could easily be blown onto a non monsanto field and corrupt the crop!
the seed should have only been sold in sealed containers and with restricted planting procedures that would insure