Boom!
Bayer bought Monsanto for 63.5 BILLION and it was seen as a major mistake.
Boom! Supreme Court of the USA just gave them a GIANT Pass!
What transpired is well written by Dr. Malone.
The basic issue is that their is a lack of understanding how the rules and regulation work in DC. Here is my take:
One of the basic rules followed and embraced by Republicans is "Buyer Beware". Basically it states that “Buyer Beware” is a warning that you, as the customer, is responsible for checking what you’re buying—so don’t assume the seller is being fair, honest, or giving you complete information. It often means: read the fine print (terms, fees, warranties, cancellation rules) verify claims (especially about quality, safety, guarantees) recognize that laws and consumer protections may not cover every situation, so you should protect yourself in advance. (Pro-business stand)
In today's complex business world managed by lawyers, the buyer is at a distinct disadvantage and it is never more true in how the chemical industry publishes extensive rules of use for the chemicals they sell. EPA is the gate keeper that Ok's what they produce. Shifting the responsibility to the buyer. Essentially saying we know what we sell is toxic, but it is up to you the buyer to use it safely.
My Grandsons (twins) when they were 3 years old were exposed to glyphosates being sprayed with an agricultural sprayer in a park in a 40 mile an hour wind. The overspray killed the Gingo tree next to their sand box and one of the twins exhibited neurological damage for weeks. My view was to sue the Park District for using it in a unsafe manner, but my daughter didn't want to do it. They were at fault, but suing Monsanto would have failed.
They reversed Biden policy because Republicans embrace and endorse Buyer Beware policy which is pro business. Today unless you are a lawyer that can read the double speak, you as the average consumer is at the mercy of the system and at a great disadvantage. Cumulative effect of trace toxins in the human body is not being addressed. Chemical industry is a driver of the medical industry. Both deny that they have any role in fixing the system and are not responsible for great harm created. High priced lawyers keep the status quo in place. Keeps both industries highly profitable, and Bayer knew that they would prevail when they bought Monsanto.
Now live: Website called: www.seveninnocents.com
My Hunt for the Tylenol Killers.
Learn the true story about the Tylenol murders that were never solved in Chicagoland in 1982.
Thomas A. Braun RPh
They wish it were only $5 billion...they paid $63 billion (including the MON debt). One of the worst acquisitions in the history of M&A. Pure value destruction.