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proverbialwisdom

(4,959 posts)
23. FYI, some reading about Monsanto and ALEC (American Legislative Exchange Commission); Bain, too.
Sun Sep 30, 2012, 12:40 PM
Sep 2012


http://thinkprogress.org/election/2012/09/14/850321/romney-monsanto/?mobile=nc

Romney And Bain Boosted Agriculture Giant Monsanto In Spite Of Toxic Past

By Aviva Shen on Sep 14, 2012 at 11:37 am



Biotechnology firm Monsanto Company, which currently owns most of the patents for America’s staple crops, is already cozy with American lawmakers. A new Nation report, however, indicates that “a very old friend in a very high place” may usher in the corporation’s most prosperous years yet.

The Nation’s investigative report ( http://www.thenation.com/article/169885/mitt-romney-monsanto-man# ) has uncovered how Mitt Romney personally helped Monsanto shed its string of toxic chemical-related scandals and reinvent itself to dominate American agriculture. Monsanto, an early Bain & Company client, was so impressed with Romney that they started bypassing his superiors to deal with him directly. Romney’s close relationship with then CEO John Hanley prompted his boss to create Bain Capital to keep Romney from leaving and taking their largest consulting client with him.

From 1977 to 1985, Romney helped navigate Monsanto through very rocky waters. The agribusiness was flooded with lawsuits after Congress banned the toxic coolant PCBs, a Monsanto product that has been linked to cancer and neurological disorders. At the same time, Monsanto’s Agent Orange toxin, used to defoliate jungles in the Vietnam War, was linked to the contamination of millions of Vietnamese and American soldiers and had been dubbed “the largest chemical warfare operation” in human history.

Tom Philpott at Mother Jones dug up a 2002 article ( http://www.motherjones.com/tom-philpott/2012/09/romney-monsanto-bain ) describing Monsanto’s attempts to hide its toxic waste disposal even after managers discovered fish “spurting blood and shedding skin” within 10 seconds of the PCB dump:
Monsanto Co. routinely discharged toxic waste into a west Anniston [Alabama] creek and dumped millions of pounds of PCBs into oozing open-pit landfills. And thousands of pages of Monsanto documents—many emblazoned with warnings such as “CONFIDENTIAL: Read and Destroy”—show that for decades, the corporate giant concealed what it did and what it knew.

Faced with costly litigation, Monsanto relied on Romney to create their new public image — one that did not involve poisoning soldiers or dumping chemicals in rivers:
Dr. Earl Beaver, who was Monsanto’s waste director during the Bain period, says that Bain was certainly “aware” of the “PCB and dioxin scandals” because they created “a negative public perception that was costing the company money.” So Bain recommended focusing “on the businesses that didn’t have those perceptions,” Beaver recalls, starting with “life science products that were biologically based,” including genetically engineered crops, as well as Roundup, the hugely profitable weed-killer. “These were the products that Bain gave their go-ahead to,” Beaver contends, noting that Romney was a key player, “reviewing the data collected by other people and developing alternatives,” talking mostly to “the higher muckety-mucks.”
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Sweetness and light.

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Great news! Laurajr Sep 2012 #1
It would be nice to see Monsanto go the way of the unhappycamper Sep 2012 #2
... xchrom Sep 2012 #3
More hysteria. Do you really think these things through? Buzz Clik Sep 2012 #4
and how much does monsanto pay you? n/t Pharaoh Sep 2012 #5
Excellent response! Buzz Clik Sep 2012 #16
If YOU think it's hysteria and ignorance, then maybe... MattSh Sep 2012 #25
Yes, how dare anyone attack a Bain Capital-funded company! valerief Sep 2012 #6
Unfortunately, science in on Monsanto's side. Buzz Clik Sep 2012 #17
unfortunately we don't really know that Viva_La_Revolution Sep 2012 #20
Science is on Monsanto's side GitRDun Sep 2012 #26
Bullshit! Webster Green Sep 2012 #27
It ain't tama Sep 2012 #28
Yeah, what do all those nations banning GMOs know? valerief Sep 2012 #31
Absolutely not. See 'Scientists Under Attack' (German documentary on INDEPENDENT biotech research). proverbialwisdom Sep 2012 #33
Thanks for the great info, proverbial! If I believed in Evil, Monsatan would be top of my list. They Mnemosyne Sep 2012 #42
The movement in the prop is to label GMOs lunasun Sep 2012 #9
If you are under the impression that the world can be fed with "organic" food, you are very mistaken Buzz Clik Sep 2012 #19
hey even Haiti after disaster and in need of food help rejected the free GMO seeds lunasun Sep 2012 #29
I doubt it. truebluegreen Sep 2012 #34
Is the world presently being fed? roody Sep 2012 #39
Please explain.... blackspade Sep 2012 #14
Do you really think that labeling of foods would spell the end of Monsanto? Buzz Clik Sep 2012 #18
then what's the problem? Viva_La_Revolution Sep 2012 #22
That is not the point.... blackspade Sep 2012 #41
FYI, some reading about Monsanto and ALEC (American Legislative Exchange Commission); Bain, too. proverbialwisdom Sep 2012 #23
Whats so ignorant about wanting to know what's in the food-like substances that we ingest? arikara Sep 2012 #44
I hope we can label all GMOs in the US, like Europe has. Overseas Sep 2012 #7
+1! nt Viva_La_Revolution Sep 2012 #21
Monsanto ain't going away because of a label... tinrobot Sep 2012 #8
Tell that... Loudestlib Sep 2012 #10
I read labels and so do a lot of other people. RC Sep 2012 #12
I stopped buying a number of products that contain high-fructose corn syrup LiberalEsto Sep 2012 #15
please beware of beet sugar too lunasun Sep 2012 #30
Didn't know that LiberalEsto Sep 2012 #36
i doubt it high end chefs using local organic is rich peoples fare from what service workers say lunasun Sep 2012 #38
So they have nothing to fear and should have no objection to the labeling for us 5% who read them. Overseas Sep 2012 #24
Yeah, that's why there're so many low-sodium foods on the market. valerief Sep 2012 #32
I agree and I am in front of roody Sep 2012 #40
Prop 37 LoisB Sep 2012 #11
This will be a big fight mainly due to the fact Monsanto has all the seeds patented! The farmers jonesgirl Sep 2012 #13
Finding a Monsanto GMO corn pesticide in the blood of pregnant women/umbilcal cord samples is ok? proverbialwisdom Sep 2012 #35
typo - umbilical proverbialwisdom Sep 2012 #37
Right now, 90% of the soybeans grown on earth have stacked genetic traits. NNadir Sep 2012 #43
So what, this is just a labeling scheme. They're not banning products from market. Sirveri Oct 2012 #45
You might wish to reconsider the monstrous implications of your post which I doubt you meant. proverbialwisdom Oct 2012 #46
Business Section NYT: 'The Epi-Pen's Maker Invests in Expansion As Allergy Rates in Children Rise' proverbialwisdom Oct 2012 #47
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