By Ethan A. Huff | Natural News
After unloading tens of millions of dollars to defeat the historic California Proposition 37 to label genetically-modified organisms (GMOs), biotechnology abomination Monsanto is now set to receive a multi-million dollar bailout from the European Bank for Reconstruction and Development (EBRD), a London-based financial group connected to the World Bank and the International Monetary Fund (IMF), to cover a slew of financial losses incurred by the evil corporation throughout Europe.
This shocking news comes to us via Next News Network in Boston and our own featured talk show host and health advocate Robert Scott Bell, who was recently interviewed on the network’s WHDT World News Program. Because of incredible public backlash against GMOs throughout Europe, many farmers and food conglomerates there have apparently been unable to honor their contractual agreements with Monsanto, which has prompted the central bank overlords at EBRD to step in and use U.S. taxpayer dollars to pay the corporate giant directly for these failed contracts.
The whole charade is a nauseating replay of the so-called “too big to fail” financial bailouts of 2008, which were initiated following the subprime mortgage collapse that helped trigger the largest economic fallout in the U.S. in nearly 100 years. Just like what happened with the big banks responsible for causing the housing crisis that led to the economic collapse, Monsanto, whose very existence relies on the public not knowing that its products are secretly added to food, is being bailed out by taxpayers, the vast majority of which disapprove of the unlabeled presence of GMOs in the food supply.
“Monsanto clearly occupies a favored position,” explained reporter Gary Franchi from WHDT World News in Boston during a recent segment on Monsanto, GMOs, Prop. 37, and the E.U. bailout situation. “[Monsanto] can spend roughly $40 million to defeat a GMO ban in California, then receive the same amount in U.S. taxpayer-funded European bailout money to offset the cost of GMO bans overseas.”
You can watch the full 18:29 minute segment here: http://youtu.be/crEn6rydef0
Monsanto would fail if it wasn’t for government-sanctioned secrecy and ‘too big to fail’ bailouts
What is most disturbing about this recent development; however, is not necessarily the fact that Monsanto has clearly garnered for itself a cozy position in the “too big to fail” category of multinational corporations, but rather that Monsanto’s very existence is predicated on both secrecy and forced subsidization using money stolen from people that do not even support GMOs. As far as Europe is concerned, the vast majority of the public openly opposes GMOs, and yet taxpayer funds are being used to prop up Monsanto’s business ventures there.