Wednesday, February 20, 2013

Monsanto being sued by Farmers $7.7 Billion


Monsanto Slapped With A $7.7 Billion Lawsuit By 5 Million Farmers

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WorldTruth.TV

Launching a lawsuit against the very company that is responsible for a farmer suicide every 30 minutes, 5 million farmers are now suing Monsanto for as much as 6.2 billion euros (around 7.7 billion US dollars). The reason? As with many other cases, such as the ones that led certain farming regions to be known as the ‘suicide belt’, Monsanto has been reportedly taxing the farmers to financial shambles with ridiculous royalty charges. The farmers state that Monsanto has been unfairly gathering exorbitant profits each year on a global scale from “renewal” seed harvests, which are crops planted using seed from the previous year’s harvest.
The practice of using renewal seeds dates back to ancient times, but Monsanto seeks to collect massive royalties and put an end to the practice. Why? Because Monsanto owns the very patent to the genetically modified seed, and is charging the farmers not only for the original crops, but the later harvests as well. Eventually, the royalties compound and many farmers begin to struggle with even keeping their farm afloat. It is for this reason that India slammed Monsanto with groundbreaking  ‘bio-piracy’ charges  in an effort to stop Monsanto from ‘patenting life’.
Jane Berwanger, a lawyer for the farmers who went on record regarding the case, told the Associated Press:
“Monsanto gets paid when it sell the seeds. The law gives producers the right to multiply the seeds they buy and nowhere in the world is there a requirement to pay (again). Producers are in effect paying a private tax on production.”


 

1 comment:

Anonymous said...

FYI - this week, MONSANTO was backed by SUPREME Court - when a 75 y.o. soybean farmer from Indiana lost his appeal and is making him pay over $85,000 to boot...he has been fighting MONSANTO since 2007. WHERE IS THE JUSTICE?

HOW SICK IS THAT...Wonder how much money they are putting in the pockets of these crooked pathetic pieces of crap who say they care about JUSTICE?!??!!??!

ENOUGH is ENOUGH.

CLOSE down MONSANTO before they kill us all ---- !

SUE THEM FOR ILLEGALLY altering the natural food GOD GAVE TO US and by the way, THE DO NOT OWN THE RIGHTS TO ANY SEEDS once they are purchased by the consumer!

THE JUDGES OUT TO BE THROWN OUT OF COURT -- each and every one who ruled against this farmer! THIS IS OUTRAGEOUS....

Willie Nelson, where are you????? YOU NEED TO PUT TOGETHER another Farm-Aid concert to AWAKEN AMERICANS ABOUT THIS INJUSTICE!!!

Someone - somewhere - please help the farmers around the world!