Monsanto: Choices have consequences. Taxpayers of lesser means should not be forced to subsidize them
October 10, 2007 by William K. Wolfrum
Seeing how many “conservatives” were quick to pick apart the finances of the Frost family as a way to somehow show that the SChip program was little more than a free handout ride for the middle class, I decided it was time to do my own “reporting” on how our tax money is spent.
Currently, the 2007 U.S. Farm Bill is making its way to Congress. Like every farm bill passed over the last several generations, the bill will hand over billions and billions of dollars in subsides to massive agribusinesses like Monsanto.
Today, Monsanto announced fiscal year 2007 sales of $8.6 billion and net income of $993 million, Monsanto easily eclipsed last year’s record-setting sales of $7.34 billion and profit of $689 million. Its CEO, Hugh Grant, was paid $16 million last year.
Here is a photo of the Monsanto Chemical site in St. Charles, La.
This is just one of many monumental structures Monsanto owns and operates.
The bottom line remains: This company made choices. Choices have consequences. Taxpayers of lesser means should not be forced to subsidize them.
–WKW
Some people in Anniston, Alabama are still suffering and dying from the 40 years or so that Monsanto spent pumping PCB’s into the neighborhoods around the plant.
How these bastards are even allowed to continue to operate is beyond me. Normally mass murderers are sent to jail.