Is Monsanto Guilty of Massive Tax Fraud

[prestonplace55]

Is Monsanto Guilty of Massive Tax Fraud?

Even if this one goes to the Supreme Court, even Clarence
Thomas (Monsanto's ex-attorney) ain't gonna help 'em.
Neither will ex-business assoicates such as Ashcroft
and Rumsdeld. Nobody commits tax fraud and gets away
with it in America when there is a passionate whistle
blower.

Tweet, tweet, TWEET!

I first became aware of milk's problems a short time before
Monsanto received FDA approval for their genetically
engineered recombinant bovine growth hormone (rbGH).

I am very proud of the fact that my Freedom of Information
Act requests, Citizen Petitions, and constant letters and
phone calls of complaint to the Food and Drug Administration
resulted in a temporary closing of Monsanto's European factory
last year.

I caught Monsanto with their GMO pants down and blew the
whistle on their shoddy manufacturing procedures. Monsanto
very well may have genetically engineered new forms of bacteria,
which now pose a threat to all of humankind.

Their factory was closed, their supply of genetically engineered
bovine growth hormone was temporarily compromised, but they are
now in full production again, stockpiling product for the next
emergency.

So, what is the result of having friends in high places?
To the benefit of Monsanto, and the detriment of American
taxpayers, Monsanto was granted a deferred tax benefit of
$106 million in 2004 as a result of financial losses
directly related to my actions.

This financial gift (sneaky government maneuvering) was awarded
to Monsanto under the guise of a little know and phony program
called the American Jobs Act of 2004 (ACJA) on October 30, 2004.

Funny thing about the American Jobs Act of 2004. This 650-page
Bill will reward American companies with $137 billion in tax
writeoffs over a ten year period, but here is the really
astounding part. Companies are eligible only if they do not
employ people overseas. In other words, do you see a bit of irony
here? Monsanto was hurt because their European factory could not'
supply product. Their losses cover the European operation, which
is counter to the purpose of this law. Somebody is screwing with
the American taxpayer.

In 2003, Monsanto wrote off a loss of $83 million. Last year,
that lost mushroomed to $230 million. The $106 million subsidy
is a gift from the George Bush government to those who have a
history of poisoning the world's children with innovations
such as rbGH, Agent Orange, dioxins, NutraPoison, herbicides,
pesticides, and other such wonderful gifts to humankind.

I've reported Monsanto's illegal write off to the Internal
Revenue Service (IRS). My prediction: Corporate heads will
soon roll.

Robert Cohen
http://www.notmilk.com