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09-16-2016, 07:52 PM
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Senior Member
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Bayer's Monsanto
While we were taking a couple days off, one of the most corrupt European corporations buys one of the most corrupt American corporations.
Quote:
St. Louis-based Monsanto is the world's largest seller of seeds and the leading producer of genetically modified crops.
Bayer, meanwhile, might be familiar to many for its aspirin products — but it's also a major player in pesticides. As the Two-Way has reported, "the company is a German pharmaceutical and chemical powerhouse with 102,000 employees and $41 billion in revenue last year. Like Monsanto, it sells agricultural products such as seeds and pesticides. That's in addition to a plastics business, diagnostic imaging products, health products for animals and a biotech division."
The purchase is part of "a dramatic wave of consolidation among the companies that sell seeds and pesticides to farmers," as NPR's Dan Charles puts it.
"Two other such deals are currently in the works," Dan explains. "DuPont is merging with Dow, and the China National Chemical Corp. is buying Syngenta, which is currently the world's biggest seller of agricultural chemicals."
http://www.npr.org/sections/thetwo-w...for-66-billion
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Something tells me there a lot more to this than meets the eye.....
Carl
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09-16-2016, 07:54 PM
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Admin
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We need to update the Sherman Anti-Trust Act.
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I don't know half of you half as well as I should like, and I like less than half of you half as well as you deserve.
- Mr. Underhill
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09-16-2016, 08:01 PM
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Quote:
Originally Posted by bobabode
We need to update the Supreme Court.
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Fixed that for you.
Carl
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09-16-2016, 08:24 PM
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Quote:
Originally Posted by CarlV
Fixed that for you.
Carl
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Heh, that too.
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I don't know half of you half as well as I should like, and I like less than half of you half as well as you deserve.
- Mr. Underhill
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09-16-2016, 09:40 PM
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Ready
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Join Date: Oct 2013
Posts: 19,170
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Quote:
Originally Posted by CarlV
While we were taking a couple days off, one of the most corrupt European corporations buys one of the most corrupt American corporations.
Something tells me there a lot more to this than meets the eye.....
Carl
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"What Mr. Bayer didn't know about making poisons ... Mr. Monsato did!"
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If you Love Liberty, you must Hate Trump!
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09-17-2016, 05:50 AM
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Resident octogenarian
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Monsanto did a great job of killing my wife and a lot of other people running the Mound nuclear lab. It had the unenviable reputation of being the dirtiest most unsafe nuclear facility on earth. The cost overrun for the cleanup was huge.
BTW there never was a Mr. Monsanto the founder was John Francis Queeny who named the company after his wife, her surname was Monsanto.
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Great minds discuss ideas; Average minds discuss events; Small minds discuss people.
Eleanor Roosevelt
Last edited by merrylander; 09-17-2016 at 09:13 AM.
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09-17-2016, 10:16 AM
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Join Date: Mar 2014
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"Queeny" might have been a PR problem.
Sent from my SM-N900V using Tapatalk
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I'll believe corporations are people when Texas executes one.
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01-27-2017, 04:28 PM
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Quote:
FRESNO, Calif. (AP) — The Latest on a battle over labelling Roundup with cancer warnings (all times local):
12:15 p.m.
A judge has tentatively ruled that California can require chemical giant Monsanto to label its popular weed-killer Roundup with warnings that it could cause cancer.
The Fresno judge on Friday tentatively dismissed a challenge by Monsanto and a citrus growers group.
The company had sued the nation's leading agricultural producing state, saying California officials illegally based their decision for carrying the labels on an international health organization.
Monsanto's attorney, Trenton Norris, told the judge that the warnings will drive some customers away, harming the company.
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Link
LOL, I guess Monsanto figures that people can use Roundup while getting their chemo treatments, that lying and covering up is a good thing. OTOH, we do have a horse's ass in the White House who is working against the interests of the middle class.
Carl
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01-27-2017, 05:03 PM
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Guess they figure the name change will help with PR. Hoping people will subconsciously associate aspirin and the feeling of implied safety. Thus helping the company in market share.
Barney
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01-28-2017, 11:13 AM
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I'll believe corporations are people when Texas executes one.
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