Joanna
Mike Ballard wrote:
Monsanto, the creator of PCBs and Agent Orange and the world's largest purveyor of genetically engineered seeds, has temporarily bowed out of the biopharm industry (genetically engineering plants to grow pharmaceutical drugs). The company says it wants to continue its focus on what it claims to be a profitable venture: genetically engineered foods. Contrasting its PR profit claims, the company recently closed its 4th quarter with a $188 million loss. Last year Monsanto lost almost two billion dollars on total sales of $4.5 billion. Monsanto is currently laying off nearly 10% of its employees worldwide. US farmers growing Monsanto and other gene giant's "profitable" frankencrops lost so much money last year, taxpayers had to shell out $12 billion in subsidies for corn, soybeans, and cotton. http://www.organicconsumers.org/corp/monsanto_biopharm.cfm
===== **************************************************************** "Freedom is what we make of it. If we stand against repression, authority and illegitimate structures, we are expanding the domain of freedom and that's what freedom will be. That's what we create; there is nothing to define in words." -- Noam Chomsky http://profiles.yahoo.com/swillsqueal
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