Jim Cramer Thinks Food, Inc. Could Inflame The Justice Dept To Take On Monsanto (VIDEO)

Last week, Jim Cramer did a fascinating segment on the seed giant and Roundup herbicide producer, Monsanto. He posits that Monsanto could be a prime target for a Justice Department antitrust action for their monopoly on seeds.

Tom Brennan writes on Cramer's segment:

A series of competition-crushing acquisitions made this biotech disguised as an agriculture outfit the market leader in genetically modified US corn, soybean and cotton seeds. And Monsanto maintains strict agreements with its farmer clients that leave them virtually no choice but to feed at the corporate trough. Plus, the company plans to push through a 42% price increase on its new seeds, and there's nothing these farmers can do about it.

Cramer states he thinks "the government is worried about about the family farmer being destroyed by Monsanto's practices" and Monsanto's action of raising seed prices is "begging the Justice Department to go after them [.....] They are tempting the wrath of Obama."

WATCH:




Cramer also says, Monsanto "better hope the guys at [The] Justice [Department] don't go to the movies" and see the documentary Food, Inc. which takes on Monsanto's practices, along with many other aspects of our industrialized food system.

If you haven't seen Food, Inc. yet, watch a trailer here:



On Monsanto's website, the company calls the film "one-sided [and] biased."

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Comments

[kenudy]

10:25 PM on 09/02/2009

To watch the story of Mosanto's effects worldwide, view the documentary

"Controlling our Food"


http://www.youtube.com/watch?v=c_OJcPKEYDE

[kenudy]

10:11 PM on 09/02/2009

Thank God, someone with a high profile like Jim’s, has said it like it is about Monsanto and its practices. The world and its futures generations should applaud any attempt by the Justice Department to reverse the world according to Monsanto: Who buy’s up the rights to seeds, genetically engineers them and when their pollen, travelling on the wind, embeds itself into the crops of other farmers, Monsanto litigates those farmers into near bankruptcy with patent infringements suits when their crops produce unwanted GMO plants.. Monsanto controls the majority of all soy grown in America and corn is close behind. The engineering of herbicidal resistant genes or Bt pesticide genes into the DNA of these seed was approved without any human testing by the FDA. This company has attempted to turn farmers worldwide into twentieth century sharecroppers by making them re-buy these seeds each year from Monsanto and we are the human experiment, for the most part, unknowing eating them while the rest of the world has boycotted them. No corporation should hold this type of power over the world and its food sources.

[ChrisJones]

01:36 AM on 08/24/2009

Monsanto is a dangerous and evil corporation.

[stevebest]

09:41 PM on 08/22/2009

i still cant believe Monsanto allowed this to air

[slvrfox857]

11:04 AM on 08/22/2009

If Jim Cramer could actually light a fire that takes Monsanto-the penultimate "evil corporate giant," he'd win my respect back.

[Enid Fox]

11:02 AM on 08/22/2009

Typo... I meant I'd rather see our farmers raise grass-fed animals THAN corn, soy and cottonseed...

[Enid Fox]

11:01 AM on 08/22/2009

As a nation we must decide if corporate health is more important than personal health. Human over consumption of processed soy, corn and cotton seed is a major contributor to health problems. Read your labels, 90% of processed foods contain them. Avoiding processed foods will knock Monsanto down. Unfortunately, farmers of those crops will suffer too.

I'd rather see our farmers raising grass-fed animals and soy, corn and cotton seed.

[Nicon]

05:26 PM on 08/21/2009

I thought i saw this guy die on the Daily Show one night... Humm, must have been a dream.

[tom90069]

03:48 PM on 08/21/2009

this guy is as idiotic as glenn beck

[johnsonc20]

07:30 PM on 08/21/2009

yep. nice to see him ding monsanto, though. i wonder which competitor paid him to do it?

[geese1920]

12:59 AM on 08/22/2009

He didn't actually ding them. He warned them more than anything. He actually loves the company, and referred to their anti-trust practices as "alleged." I wish he'd go back on The Daily Show again, but he's not quite that stupid.

[journey80]

03:31 PM on 08/21/2009

I'll believe that when I see it. And I won't be seeing it in the Obama administration. Obama has appointed Monsanto shills to head Ag, Food Safety, FDA. Another in the series of deals Obama has made in private, apparently.

Anyone who thinks an Obama justice department will go after Monsanto - or any other powerful and dangerous corporation - is deluded. Unfortunately.

[keithdengenis]

01:40 PM on 08/21/2009

OK Children, Uncle Jim's taken a "short position" on his Monsanto play...

Ballsie move, Jimmy, ballsie move... Monsanto is going to have the SEC perform a cavity search on you at the end of all of this. Mark my words.

Just as sure as we are living in a Plutocracy - not a Democracy - we will all bare witness to the might of the Corporate Oligarchs.

[skyslimit]

01:02 PM on 08/21/2009

Monsanto is NOT a good company. This guys is a fu.cking quack.

[Manthan Bhatt]

12:53 PM on 08/21/2009

monsanto has done much worse, like killing 600,000+ Vietnamese

or creating mass suicide rates in India.

[JScott]

10:51 AM on 08/21/2009

Yup I"ve used Roundup and one thing I learned NEVER USE IT TO KILL WEEDS ON YOUR LAWN, it leaves brown spots that you have to reseed. Use it extremely sparingly folks. I recall the House Of The Future at Disneyland they were the sponsor, when it came time to demolish it because the future caught up with it, the wrecking ball just bounced off, they had to saw it up in pieces to demolish it-corporate persistence in the enviroment indeed!

[Mike Barden]

09:23 AM on 08/22/2009

But see: they wanna sell you the seeds.

[AndyWright68]

09:49 AM on 08/21/2009

If Obama takes out Monsanto it will be the first good thing he's done.

If you buy Round Up you are supporting criminals that have been poisoning our food and extorting our farmers since there creation of agent orange. Who in their right mind would want a chemical company genetically engineering their food?

Boycott Round Up! Boycott Monsanto!

WATCH the truth here:
http://www.youtube.com/watch?v=c_OJcPKEYDE

Johannesburg, South Africa — Long time corporate scoundrels Monsanto are WANTED for their crimes against the planet. It started innocently enough with the production of Agent Orange for military use in Vietnam. Then came PCBs and Dioxin. Now they are after our food. Their goal: global food supply domination.
READ the truth here:
http://www.greenpeace.org/international/news/monsanto-are-wanted-for-crimes

[Whatevah]

02:27 PM on 08/21/2009

Bunk, bunk and more bunk.

There is no connection - none - between Roundup and Agent Orange.

Folks who claim otherwise are just plain wrong.

[AndyWright68]

07:11 PM on 08/21/2009

Seems I have facts and you have nothing but a hot air complaint. I'm sorry you must own stock with these criminals.

BTW they were both developed and sold by Monsanto.