Tuesday, August 31, 2010

Gates Foundation Puts Its Money Where Its Mouth Is

Well, well, well. It’s about time. Kind of like when Fox News gave $1 million in campaign contributions to Republicans. It wasn’t exactly a secret before, but now it’s official. The Gates Foundation just bought a whopping 500,000 shares of Monsanto stock.

Now, there’s nothing wrong with buying stock. My parents hold lots of BP stock, and they are hardly guilty of dumping the 4.9 million barrels of oil into the Gulf. But this is one more step in a long line of actions by the Gates Foundation in which it is advocating policies and agricultural technologies that will directly benefit and profit Monsanto while screwing over the most vulnerable people on earth: hungry subsistence farmers in developing countries...

[Full Article]