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Posts Tagged ‘Deregulation

Cloned Meat & Milk Coming: Be Very Afraid

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Note: The FDA oked unlabeled cloned meat/milk in January, 2008 but delayed implementation….

Cloning by nuclear transplant is completely different from cloning by  splitting embryos, and is closely associated with genetic modification of livestock to produce drugs in their milk; in deregulating cloned meat and milk, the European Commission will be approving the sale of highly unethical and unsafe products that are also illegal

Dr. Mae-Wan Ho 3/16/11    Institute of Science in Society

Cloned meat and milk to be unregulated

Milk and meat from ‘cloned’ animals’ offspring could soon be on sale without any labels, the European consumer group BEUC warns [1]. The European Commission (EC) is threatening to force through the proposal backed by the British Government.

It is currently illegal to sell meat or milk from cloned animals or their offspring in the UK; and anyone wishing to do so must apply for permission from the Food Standards Agency.

The EC wants to allow food from the offspring of clones into the market without any labels or the need for approval; but opposes the sale of food from clones themselves. The UK government has no objection to selling meat and milk from clones.

The EC argues that any ban on food from clone offspring risks triggering a trade war with the US, where most cloning is done. It says that as the US does not have an official tracing system to identify which animals are the offspring of clones, it would be impossible to label the resulting food.

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Financing World Hunger: How the financial markets create hunger and make huge profits

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“Food is produced by farmers everywhere in the world; but it is mostly bought and sold as commodities by ‘middlemen’, now mostly big corporations that trade globally, not just in a commodities market, but also in an elaborate financial derivatives market that pushes food prices up and creates price volatility.”

The Institute of Science in Society

Dr. Mae-Wan Ho and Prof. Peter Saunders

World food crisis rerun?

Food prices have been rising since 2003. By mid-2008, the food commodity price index peaked at 230 percent of its 2002 value, with most of the increase due to the grain prices. Corn and wheat both reached 350 percent and rice 530 percent respectively of their 2002 values [1]. The United Nations declared 2008 the year of the global food crisis even before prices peaked [2], and an estimated 150 million were added to the world’s hungry that year [3]. Although food prices have fallen from their peak, they remained well above 2002 levels;. By the end of 2009, more than a billion people are critically hungry, with 24 000 dying of hunger each day, over half of them children [3, 4]. The UN Food Programme faces a budget shortfall of US$4.1 billion.

The UN’s special rapporteur on the right to food Olivier de Schutter blames [5] “inaction to halt speculation on agricultural commodities and continued biofuels policies”, and warns of a rerun of the 2008 food price crisis in 2010 or 2011. What happened in 2007-8 was a “price crisis, not a food crisis”, he says, precipitated by speculation in the financial market that was not linked to insufficient food being produced.

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US Farmers Oppose ‘Big Ag’ in Anti-Trust Hearing

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The Nelsons are among the hundreds of farmers Monsanto is suing, usually on the grounds of patent infringement. However, growers have begun to fight back in the courts.

Will farmers get justice at last from years of victimisation from big agribusiness peddling genetically engineered crops?

Dr. Eva Novotny The Institute of Science in Society

After years of suffering what amounts to “corporate feudalism” at the hands of agbiotech giants like Monsanto, farmers are now fighting back as the US government launches an unprecedented anti-trust enquiry.  A major grievance is that the required seed licence forces farmers to relinquish their right to plant, harvest and sell their own seeds (see [1] Monsanto versus Farmers, SiS 26).

Government launches anti-trust hearing as monopoly tightens grip on farmers

The US government is concerned about the lack of competition against large corporations. So, for the first time in history, the US Department of Agriculture (USDA) and the Department of Justice have joined forces to organise a series of workshops from March to December 2010, to be held in different parts of the country, that aims to [2] “explore competition issues affecting the agricultural sector in the 21st century and the appropriate role for antitrust and regulatory enforcement in that industry.”

The first all-day hearing, held in Ankeny, Iowa, 12 March, was attended by about 500 people, including farmers from several states, ranchers, company representatives, local people and, notably, representatives from Monsanto, the company with near monopoly on seeds of maize and soybean.  In the US, these seeds are mostly genetically engineered (GE) (see [3] GM Crops Increase Herbicide Use in the United States, SiS 45).

Monsanto’s dominance in the seed industry (Figure 1) illustrates the breakneck speed of corporate concentration in the sector. Monsanto now controls 60 percent of the corn seed market, 62 percent of the soybean market, 95 percent of the transgenic cotton seed market and is rapidly consolidating control of the vegetable, sugar beet and wheat markets [4]. Monsanto’s GE soybean and corn cover 92 percent and 85 percent respectively of total US acreage for those two crops.

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Golden Throne Awarded to Tim Ryan, Spinmeister for U.S. Securities Industry

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Submitted by Mary Bottari on February 2, 2010   Banksterusa.org


The Center for Media and Democracy and BanksterUSA are pleased to present our Golden Throne Award to T. Timothy Ryan Jr., President and CEO of the Securities Industries and Financial Markets Association (SIFMA). SIFMA is the leading behind-the-scenes lobby group representing big banks and investment firms, as well as broker-dealers and other peddlers of financial instruments, which Warren Buffett labeled “weapons of mass destruction.” SIFMA lobbies Congress and financial regulators, and handles securities-related press for some of the biggest players in the financial crisisGoldman Sachs, Bank of America, AIG, Merrill Lynch, Citigroup, and Fidelity Investments.

The Golden Throne Award salutes the lobbyists and spinmeisters who have managed to hold off meaningful financial services reform since the Wall Street meltdown. Read the rest of this entry »

Wealth Inequality Destroys US Ideals

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plutocratBy Don Monkerud   July 4, 2009      Consortiumnews.com

Note: Since the national rise of Ronald Reagan three decades ago, the United States has been on a deadly course for a Republic, with wealth rapidly concentrating at the top and average Americans sinking or struggling to stay afloat.

In June 2009, the U.S. economy saw its second steepest decline in 27 years. New jobless claims increased, business inventories fell and exports plunged as bad economic news persisted.

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Written by laudyms

July 5, 2009 at 12:15 pm