Intro: "Monsanto may soon be forced to pay as much as 7.5 billion dollars back to the farmers who say that the mega corporation took their rightfully earned income and taxed their small businesses to financial shambles."
Monsanto now faces charges that may exceed $7.5 billion to farmers. (photo: unknown)
Monsanto Faced With Paying 7.5 Billion Back to Farmers
22 June 12
�
onsanto may soon be forced to pay as much as 7.5 billion dollars back to the farmers who say that the mega corporation took their rightfully earned income and taxed their small businesses to financial shambles. It all started with a monumental lawsuit launched by over 5 million farmers against Monsanto looking to recover financial losses from ridiculous seed taxes that bankrupted many families.
Back in April, a Brazilian court ruled that Monsanto absolutely was responsible for paying back the exorbitant amounts of cash back to the farmers, ordering the company to issue back all of the taxes collected since 2004 � a minimum of 2 billion dollars. Afterwards, Monsanto appealed the decision and the case is now suspended until a further hearing is initiated by the Justice Tribune of the local court stationed in Rio Grande do Sul.
Recently, however, the Brazilian Supreme Court declared that any decision reached in a local court case should apply nationally. The result? Monsanto now faces even larger charges, due to the larger legal application on a national level. Now, the charges total or exceed 7.5 billion dollars.
�The values involved could total 15 billion reais ($7.5bn),� said the Superior Tribunal of Justice on its website.
Lawsuits and criminal charges continue to hit Monsanto, scratching away at the financial foundation of the agricultural behemoth. Monsanto has been found guilty of chemical poisoning in France after their weedkiller product led to neurological problems, and the company has even dished out 93 million to victims of toxic dioxin. As Monsanto continues to be slammed with lawsuits, many of which are from multitudes of affected farmers and individuals, awareness spreads among the general public regarding the corporation�s true acts.
It was this same corporation that was caught running what has been labeled slave rings, in which workers were forced to work for 14 hours per day or more cultivating the fields and were not permitted to leave. Monsanto�s crimes are slowly coming to light, and the public is demanding action.
THE NEW STREAMLINED RSN LOGIN PROCESS: Register once, then login and you are ready to comment. All you need is a Username and a Password of your choosing and you are free to comment whenever you like! Welcome to the Reader Supported News community. |
Comments
We are concerned about a recent drift towards vitriol in the RSN Reader comments section. There is a fine line between moderation and censorship. No one likes a harsh or confrontational forum atmosphere. At the same time everyone wants to be able to express themselves freely. We'll start by encouraging good judgment. If that doesn't work we'll have to ramp up the moderation.
General guidelines: Avoid personal attacks on other forum members; Avoid remarks that are ethnically derogatory; Do not advocate violence, or any illegal activity.
Remember that making the world better begins with responsible action.
- The RSN Team
Barbara K, I hope your unions in Michigan are keeping the political campaign teams together for the 2013-14 races, like we are here in Ohio. SUCCESS TO YOU ALL!!!. We're already in preparation to boot out Crazy Kasich! KEEP ON PUSHING until they are out!
Michigan would do well to now put together a group to decide what percentage of profit should be paid in various categories as J. Paul Getty did in his plants years ago which resulted in the last strike ever had in his plants. If his profit went up or the costs reduced, a percentage of that went to his employees but it makes no sense to get a raise which causes the cost of living to go up for everyone.
The cost of a new vehicle went up not only because of the economy but also the increase in union demands which were then passed on to the consumer.
Why do business leaders in Michigan despise the people who make them rich? Why do you see them beating down their loyal, motivated and skilled workers whenever they get a chance. Something is broken in the American business leadership. They are morally bereft.
It is bewildering. Our forebears bequeathed us wealth and government institutions to maintain it, but the current business practices are designed to burn it up in order to produce a little extra heat for a few.
Perhaps we are just too wealthy and too numerous. Perhaps the rot at the top is just a disease caused by the enormous distance that the size and complexity of our enterprises puts between us and the ambitious ones who pull the levers of power.
This modern complex mass of social interactions cannot continue if the rot at the top persists. Yet how can you blame the lunatic when his dementia raises him above his fellows and gives him great wealth?
Wow! Rick Snyder. What a wretched and awful creature. What a slimy trick? But he's just fulfilling a fate that the structure of our modern world has opened up for him. (No more letters left, bye)
We have the vote and although WI seems to have been captured by the Koch for reasons that seem illogical in that they have enough $$ to retire. But the RATS gave these creeps enough rope to try to be King of USA. Why? $$$$ - I hope Scalia/Thomas go during the next 4 years. They are bought and make no move to hide this fact.
When John Paul Stevens retired at age 95 (or so) I cried because he was the last of the very very honest and true justices we've ever had on the U.S. Supreme Court. Ginsberg and others are good too but Stevens was (is) my hero
How shameful it all is and designed by big money to hurt workers.
Michigan is just the latest example of union-busting by the usual suspects - Republicans, the party that fanatically works for and protects the wealthy - and it probably won't be the last assault either unless The American People realize that if the freedom to protect ourselves from exploitation, selfishness and greed is taken from us, we'll devolve into a nation of surfs ruled by Plutocrats. It's already bad enough now. So, America, wake up - or get really screwed.
If this is a serious issue the people know what to do. Why worry about a school system or garbage collection. Let it fall under its won wait. If we do not create garbage there is no need for collection-recy cle everything or bury it. Otherwise, remain a victim.