“Monsanto stock being dropped from hedge funds; are the markets reacting to public outrage over Monsanto’s policies?
While consumer groups and activists have been expressing outrage against the agribusiness giant Monsanto, the markets have been reacting—the massive public backlash against Monsanto’s back-door legal dealing and the health concerns over genetically modified organisms have tanked Monsanto’s ratings on Wall Street.
As a result, several hedge funds are currently dumping the corporate giant—more bad news for the Monsanto board. Continue reading
From David E. Gumpert on The Complete Patient blog;
Raw milk farmers Michael Schmidt, in happier times, at a news conference the day before the verdict was announced reversing his acquittal on 15 raw milk related charges from November 2006.
“…The worldwide protest movement has already arrived in the U.S., on Wall Street, where hundreds of people from around the country have gathered to protest the power of America’s banks in grabbing resources via bailouts and favorable treatment by the country’s all-powerful Federal Reserve Bank.
How does the Food Rights movement fit into all of this? It’s probably too early to say for sure how it fits in, or even whether it fits in at all. Continue reading
Here’s a fascinating proposition, from Patrick Henning:
Sure they may be rich enough to have a plane in every garage, but if S-510 is allowed to pass the Senate, even the super rich may eventually not be able to buy any food worth eating.
In the 1980s, a British psychiatrist lived in the US. He was making a great deal more money than he could ever have made in the UK but for financial reasons, he went home. He returned because his daughter had a medical condition and he said that he could never be rich enough in the US to be sure she got adequate care, whereas in the UK, even on a considerably smaller salary, he knew she would be covered by the health system there.
Wall Street brokers are not immune from their own fears of threatening things happening in the world. Out of fear for their own lives, they do the opposite of that psychiatrist. They hope to be immune from world issues by amassing unheard of wealth. And they have the money, already, through stealing from everyone else in the country. Continue reading