Hungary has taken a bold stand against biotech giant Monsanto and genetic modification by destroying 1000 acres of maize found to have been grown with genetically modified seeds, according to Hungary deputy state secretary of the Ministry of Rural Development Lajos Bognar. Unlike many European Union countries, Hungary is a nation where genetically modified (GM) seeds are banned. In a similar stance against GM ingredients, Peru has also passed a [...]
Russia Warns Obama: Global War Over “Bee Apocalypse” Coming Soon
Russia bans all GM corn imports; EU may also ban Monsanto GMO in wake of shocking cancer findings
So Russia has been the first country to challange the dogma that GMO is a force for good, I wonder if any other countries will follow suit?
A lot of the anger is coming from a report that confirmed what people here have been saying [...]
Washington - A government auditor harshly criticized the Treasury Department for approving “excessive” pay packages for top executives at three companies that received large government bailouts.
Christy Romero, the special inspector general overseeing the $700 billion Troubled Asset Relief Program, criticized the Treasury for approving pay raises at General Motors Co., Ally Financial Inc. and American International Group Inc.
The report released Monday was critical of the Treasury’s special master overseeing executive pay [...]
January 26, 2013
Scientists last night ended a voluntary ban on creating mutant forms of bird flu, despite warnings that an accidental release could kill millions of people.
Research into H5N1 transmission stopped a year ago amid fears information about how to create potentially dangerous viruses could be used for bioterrorism.
The self-imposed moratorium came after two teams independently discovered how to mutate the virus so that it could be transmitted through [...]
A GM salmon which grows twice as fast as ordinary fish could become the first genetically-modified animal in the world to be declared officially safe to eat, after America’s powerful food-safety watchdog ruled it posed no major health or environmental risks.
The US Food and Drug Administration (FDA) said it could not find any valid scientific reasons to ban the production of GM Atlantic salmon engineered with extra genes from two [...]
Washington — The Obama administration said Wednesday it will sell 200 million shares — or 40 percent of its remaining stake in General Motors Co. — back to the automaker and announced plans to completely exit the Detroit automaker by March 2014.
The Detroit automaker said it will purchase 200 million shares of GM stock held by Treasury for $5.5 billion — or $27.50 per share — nearly $2 above the stock’s closing price [...]
Owen Paterson, the Cabinet minister in charge of farming, spoke out in favour of increased use of GM technology in food, saying there were ‘real environmental benefits’.
He said the public were already eating GM food regularly, claiming most meat served in restaurants in London will have originated from animals fed in part on GM crops.’
A New York federal judge may rule imminently on a case that could reverse the General Motors (GM) bailout and send the company back into bankruptcy, according to sources close to the case.
At issue is a backroom deal hatched by GM to fulfill the Obama administration’s demand for a quick bankruptcy, draining the automaker of nearly all of its cash on hand and leaving it in worse shape than it [...]
November 21, 2012
Environmentalists are warning that Mexico, the cradle of corn, risks damaging its staple if the government gives US firms the green light to plant genetically-modified maize in huge swaths of land.
The agriculture ministry is examining the possibility of allowing Monsanto, DuPont and Dow to plant GMO corn in 2.4 million hectares (six million acres) of land, but no decision has been taken yet.
“Every indication shows that a decision [...]
DETROIT (AP) — A turnaround in South America and a rosier outlook in Europe helped push General Motors shares up Wednesday, even though the company’s third-quarter net profit fell 14 percent.
GM said it earned $1.48 billion from July through September, down from $1.73 billion a year earlier, as European pretax losses widened and North American profits fell.
President Obama took Chrysler and GM into bankruptcy and even sold Chrysler to the Italians. Who will do more for the auto industry? The clear answer is Mitt Romney.
GM’s stock is not enjoying news that its September sales rose 1.5% from last year, on expectations of a 2.8% increase. And while this is surprising considering the government is now in the business of funding not only the student loan bubble but Government Motors’ NINJA purchasers (someone has to make those labor union votes happy) making the cost of new vehicles essentially zero when netting out the debt, what is [...]
Scientists have created a genetically modified (GM) cow that produces milk with low levels of a protein known to cause allergic reactions in a significant proportion of children. The researchers believe it could one day lead to the sale of “hypoallergenic” milk from herds of GM cows.
The calf had been cloned and genetically engineered with an extra piece of genetic material that switched off its natural gene for producing a [...]
A professional video and an absolute must see. It slams Romney and Obama.
GM gets a taxpayer bailout and now 70% of their cars are built outside the US.
Research and development is moving to China!
Cadillac sponsored a film about the founding of the Communist party…
Communist party buys GM plant in Michigan and is now the largest employer in town.
As usual folks, all you have to do is follow the money in [...]
A US pharmaceutical company is set to introduce a controversial new genetically modified corn to help farmers fight resistant weeds.
Dow Agrosciences says its new GM product will use a chemical that was once a component of the Vietnam war defoliant, Agent Orange.
It is needed they say because so called “superweeds” are now affecting up to 15 million acres of American crops.
Dow argues the new approach is safe and sustainable.
The Wall Street Journal reports today that the Treasury Department is resisting a push by General Motors executives for government to sell its entire stake in the automaker.
Funny enough, today we also learn that the Obama Administration is launching a complaint at the World Trade Organization over China’s allegedly unfair backing of its auto industry. The United States will charge the Chinese government with subsidizing auto and auto parts producers from 2009 and 2011 with $1 billion. [...]
Scientists warn that eating GM wheat may cause liver failure. Children born to parents who eat GM wheat may DIE before the age of five.
Listen to these scientists say this in their own words. Read the research at:
Commentary by Mike Adams, the Health Ranger, founder of NaturalNews.com
On the surface, today’s G.19 update, aka the monthly Consumer Credit Data, was a big disappointment due to a major miss in consumer credit, which in July dropped by $3.3 billion from $2.708 trillion to $2.705 trillion. The drop was, as always, on a slide in revolving credit, which dropped for a second consecutive month, this time by just under $5 billion, while non-revolving credit, aka student loans and GM [...]
“Nearly two years after the introduction of the path-breaking plug-in hybrid, GM is still losing as much as $49,000 on each Volt it builds, according to estimates provided to Reuters by industry analysts and manufacturing experts.”
Journalism: If media “fact checkers” are just impartial guardians of the truth, how come they got their own facts wrong about Paul Ryan’s speech, and did so in a way that helped President Obama’s re-election effort?
Case in point was the rush of “fact check” stories claiming Ryan misled when he talked about a shuttered auto plant in his home state.
Washington Post fact-checker Glenn Kessler posted a piece — “Ryan misleads on [...]
As the Obama campaign continues to tout the GM bailout as an industrial policy success, the Treasury Department continues to revise upward the staggering losses inflicted on U.S. taxpayers.
On the day Government Motors, aka GM, announced it was recalling at least 38,000 of its vehicles — Impalas used by police nationwide and in Canada — due to a crash risk, a new Treasury report said it now expects to lose [...]
General Motors is halting, for a month, the manufacture of its well-known Chevrolet Volt extended-range electric car.
Automotive News, citing unnamed sources, reports the Detroit-Hamtramck plant will suspend production from Sept. 17 until Oct. 15.
Leaders of the UAW told the plant’s 1,500 union workers about the scheduled downtime last week, the source said.
GM Bailout Tracker – Check It Out
Obama Volt Parody #2:
Forbes: President Obama is proud of his bailout of General Motors. That’s good, because, if he wins a second term, he is probably going to have to bail GM out again. The company is once again losing market share, and it seems unable to develop products that are truly competitive in the U.S. market.
Right now, the federal government owns 500,000,000 shares of GM, or about 26% of the company. It would [...]
Three years into their forced marriage with GM, the American taxpayers have seen the value of their investment in GM deteriorate by approximately $24 billion, largely due to continuing European losses. Exposure in Europe has contributed to crushing the value of GM’s stock due to its chaotic and failing Opel unit in Germany. While government, journalists and Wall Street sympathizers have given the Obama Administration and GM leadership an almost [...]
Washington -The Treasury Department says in a new report the government expects to lose more than $25 billion on the $85 billion auto bailout. That’s 15 percent higher than its previous forecast.
In a monthly report sent to Congress on Friday, the Obama administration boosted its forecast of expected losses by more than $3.3 billion to almost $25.1 billion, up from $21.7 billion in the last quarterly update.
The report may still [...]
General Motors‘ profits fell 41% in the second quarter as troubles in Europe undercut strong sales in North America.
America’s largest automaker made $1.5bn in the second quarter of 2012, compared with $2.5bn for the same period last year. Revenue fell to $37.6bn from $39.4bn in the second quarter of 2011. The results exceeded analysts’ estimates, but further underlined Europe’s drag on the US economy.
“Our results in North America were solid, but [...]
DETROIT (AP) — General Motors says its U.S. sales fell more than 6 percent last month as a money-back guarantee offer failed to attract many buyers.
The company blamed much of the drop from a year ago on reduced sales to rental car companies.
Facts and statements about Detroit
1. Detroit is the 3rd most dangerous city to live in in the united states and flint a near by city is the 4th most dangerous criminal city in the usa.
2. 7 out of 10 murders go unsolved in the motor city.
3. There are 95,000 abandon homes in Detroit and 85,000 abandon businesses in Detroit.
4. Census has calculated that since 2000 to 2010 that 250,000 people [...]
GM Financial auto loans to customers with FICO scores below 660 rose from 87% of total loans in Q4 2010 to 93% in Q1 2012.
The worse the FICO score, the bigger the increase. From Q4 2010 to Q1 2012, GM Financial loans to customers with the worst FICO scores — below 540 — shot up 79% to more than $2.3 billion. The second worst category, 540-599, rose 28% from about [...]