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Monsanto gave $186,250 to federal candidates in the 2008 election cycle through its political action committee (PAC) - 42% to Democrats, 58% to Republicans. For the 2010 election cycle they have given $72,000 - 51% to Democrats, 49% to Republicans.[111]
[edit] LobbyingThe company spent $8,831,120 for lobbying in 2008. $1,492,000 was to outside lobbying firms with the remainder being spent using in-house lobbyists.[112]
Former Monsanto lobbyist Michael R. Taylor was appointed as a senior adviser to the Food and Drug Administration (United States) Commissioner on food safety on July 7, 2009.[113]
[edit] Public officials formerly employed by MonsantoJustice Clarence Thomas worked as an attorney for Monsanto in the 1970s. Thomas wrote the majority opinion in the 2001 Supreme Court decision J. E. M. Ag Supply, Inc. v. Pioneer Hi-Bred International, Inc.|J. E. M. AG SUPPLY, INC. V. PIONEER HI-BREDINTERNATIONAL, INC.[114] which found that "newly developed plant breeds are patentable under the general utility patent laws of the United States." This case benefitted all companies which profit from genetically modified crops, of which Monsanto is one of the largest.[24][115][116]
Source: Type Public
Traded as NYSE: MON
Industry Agribusiness
Founded St. Louis, Missouri, U.S. (1901)
Founder(s) John Francis Queeny
Headquarters Creve Coeur, Missouri, U.S.
Key people Hugh Grant
(Chairman, President and CEO)
Products Herbicides, pesticides, crop seeds
Revenue US$ 10.502 billion (FY 2010)[1]
Operating income US$ 1.607 billion (FY 2010)[1]
Net income US$ 1.109 billion (FY 2010)[1]
Total assets US$ 17.867 billion (FY 2010)[1]
Total equity US$ 10.143 billion (FY 2010)[1]
Employees 21,400 (August 2010)[1]
Website Monsanto.com
This is what happens when we allow the "free market" to run rampant over OUR rights and OUR governments without putting our boots to their throats.