EARLIER TODAY we wrote about Microsoft executives selling many of their Microsoft shares. The Gates Foundation (Gates' tax-exempt bank account) chooses a similar trajectory as "Gates Sells Another $73M of Microsoft" and investments increase in Mozambique's food market/agriculture (where Gates' investments cause hunger).
The research is funded by Basic Research to Enable Agricultural Development (BREAD), which is supported by the National Science Foundation (NSF) and the Bill and Melinda Gates Foundation. BREAD seeks to partner advanced research expertise with the developing world. NSF supports research components in the United States while the Gates foundation supports affiliated partners overseas.
Dr. Phil Bereano, University of Washington Professor Emeritus and recognized expert on genetic engineering noted in a release that the foundation’s direct investment in Monsanto is problematic on two primary levels. “First, Monsanto has a history of blatant disregard for the interests and well-being of small farmers around the world, as well as an appalling environmental track record," Bereano stated. "The strong connections to Monsanto cast serious doubt on the Foundation’s heavy funding of agricultural development in Africa and purported goal of alleviating poverty and hunger among small-scale farmers. Second, this investment represents an enormous conflict of interest,” he stated, referring to the foundation's desire for Monsanto to make a profit while opening up new markets in Africa for the agribusiness giant to monopolize the seed market.
A Gates foundation spokeswoman said the organization does not discuss specific investments but that it has met with representatives of the alliance and other groups to collect “a broad range of views about agriculture in the developing world.”
While the Monsanto investment is a tiny fraction of the foundation's $33 billion endowment, it loomed large among those involved in food issues.
Much of the foundation's work has avoided major controversy.
That changed when, four years ago, the foundation, along with the Rockefeller Foundation, created the Alliance for a Green Revolution in Africa (AGRA), aimed at alleviating hunger by boosting farm productivity.
The GAVI Alliance (Global Alliance for Vaccines and Immunization)
The GAVI Alliance, founded in 2000 with the help of the Gates Foundation, has the goal of vaccinating all of the third world. The member organizations of GAVI are listed on group’s the website, which include:“…national governments of donor and developing countries, the Bill and Melinda Gates Children’s Vaccine Program, the International Federation of Pharmaceutical Manufacturers Associations (IFPMA), the Rockefeller Foundation, UNICEF, the World Bank Group and the World Health Organization (WHO).”In December of 2000, David Rockefeller and William H. Gates Sr., among others, (pictured to the right) visited the Rockefeller University campus to take part in a meeting on “Philanthropy in a Global Century”. While there, Gates spoke glowingly about his inspiration from Rockefeller in founding GAVI,
Why is Kofi Annan Fronting For Monsanto? The GMO Assault On Africa
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Why do you bring your mistakes here? Kofi Annan has joined with President Obama, Monsanto, AGRA, and the Gates foundation to promote and execute food aid that replaces bags of wheat, rice and corn (agricultural dumping) with bags of pesticides, herbicides, chemical fertilizers and genetically engineered seeds. The end result will be to starve people in Africa and feed corporations in the US and Europe.
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If you had any doubts about where the Bill and Melinda Gates Foundation is really placing its bets, AGRA Watch's recent announcement of the Foundation's investment of $23.1 million in 500,000 shares of Monsanto stock should put them to rest. Genetic engineering: full speed ahead." (Eric Holt-Gimenez)
It is worrisome that Kofi Annan is connected with AGRA. Maybe he believes that US mechanized and chemical agriculture work well. Most people in the US do, aside from family farmers who see the effects first hand. I have a good friend who works for the US Dept. of Agriculture and thinks this kind of big agriculture really is the best and that Monsanto is a boon to mankind. We have had several heated discussions. In fact Monsanto is destroying land, causing chemically induced human diseases, creating super weeds, super insect pests, and economic havoc in many parts of the US farming areas, particularly in the midwest and the south. There have been countless protests all over India and Brazil. I've read many heartbreaking stories, including this comment from Pearl on this blog:
"The farmers of southern Kentucky have been enslaved by Monsanto. The previous generation fell for an ad campaign called “Hi-bred” or “High-Bred”, and the current generation is stuck with fulfilling the contracts their fathers signed. The chemicals that Monsanto has contractually required be applied to those fields have so damaged the soil that the only way to get anything to grow in the fields now is to keep applying more of those blasted chemicals. So even if a person who inherited a contract WANTS to discontinue the agreement with Monsanto when the contract expires, they are unable to do so unless they want to leave the land fallow for many, many, many years. Most farmers cannot afford to do this, as this would mean little to no income for their families for somewhere between 5 to 20 years, depending on how long it would take for the soil to renew itself."
I've always had enormous respect for Kofi Annan, I do not understand his participation in this and it bothers me a great deal. Even though I admire and respect him there are no free passes with a subject like this.
The Alliance for Green Revolution in Africa (AGRA) is a consortium of international organisations to support the Bill and Melinda Gates foundation to contribute about five billion dollars agricultural production in Africa.
The urge to give back to the society is what has driven the most successful philanthropic initiatives world over, be it the Rockfeller Foundation, the Ford Foundation or the Bill & Melinda Gates Foundation.
Monsanto in Gates' Clothing? The Emperor's New GMOs
If you had any doubts about where the Bill and Melinda Gates Foundation is really placing its bets, AGRA Watch's recent announcement of the Foundation's investment of $23.1 million in 500,000 shares of Monsanto stock should put them to rest. Genetic engineering: full speed ahead.
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Under the guise of "sustainability" the Foundation has been spearheading a multi-billion dollar effort to transform African into a GMO-friendly continent. The public relations flagship for this effort is the Alliance for a Green Revolution in Africa (AGRA), a massive Green Revolution project. Up to now AGRA spokespeople have been slippery, and frankly, contradictory about their stance on GMOs.
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More to the point is that--as Monsanto and Gates are fully aware--to establish a healthy GMO industry one first needs a strong conventional breeding program in place: labs, experiment stations, agronomists, extensionists, molecular biologists... and farmer's seeds. All of which Gates, Rockefeller, Monsanto and AGRA are actively lining up.
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Africa's seeds are a potential windfall investment for Monsanto. Regardless of the philanthropic side of its intentions, cloaked in the sheep's clothing of AGRA, the Gates Foundation is moving stealthily opening African seed market to global corporations. When the research, extension, and U.S. foreign aid is all in place Monsanto will swoop in for the feast.
As someone who provides impact investment research and consulting services, this blog post on The Chronicle of Philanthropy is fascinating. Investments made by philanthropic organizations are generally more public, and therefore, more open to criticism. Explicitly, this post speaks to the ethical question of whether or not the foundation’s agriculture work in Africa will be used to help create markets for Monsanto’s GM crops. (More details between the relationship between the foundation and Monsanto but that almost smells of self dealing and conflict of interest.)However, there is an underlying tone: Why is a “good” foundation investing in a “bad” company?
Bill and Melinda Gates have aroused as much controversy as awe over their unwalled giving. Their munificence of $22.8 billion-and-still-counting from 1994 onwards is seen as an affliction way beyond the old White Man's Burden. Cynics, who as a statistical group usually match grants 2:1, have been quick to warn that Coca-colonialism is being replaced by something more sinister, a malignant benevolence overpowering global health bodies with its dollar-shaped carcinogens. The prognosis just got worse with the Gates syndrome spreading to the 40 US billionaires who pledged half their wealth to charity in August.
[T]o make the "Giving Pledge" more than a vague promise to do good, billionaires should be asked to put an audited 50 percent of their net worth on the table for charitable use now, when it can make a difference to people starving today, not later, after they've worked up a heart attack from their third wife on their fourth yacht. Look at how the Forbes list changes, how many billionaires lose their fortunes and drop off it from year to year. Gates and Buffett are right to use the Forbes list as a symbolic target, but let's get these big-talking "givers" to give now, when they've still got it.
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There's no doubt that the billionaires pledge is a beautiful idea, and Gates and Buffett deserve at least some of the sainthood the media has conferred on them. They've just announced they've already signed up 40 billionaires, including New York Mayor Michael Bloomberg, Star Wars' George Lucas, and Oracle's Larry Ellison. Even so, there has been little scrutiny amid the adulation of what the "Giving Pledge" really means. In fact, it may require more than warm and fuzzy words, gauzy and fluffy sentiments, to extract the cold hard cash.
As part of their effort to encourage high-net-worth individuals and families to give more, the Bill and Melinda Gates Foundation invested over $8 million in the creation of educational materials aimed at equipping donors, especially new and emerging donors, with the tools and information they need to become effective, hands-on philanthropists.
Drugmaker Merck & Co. Inc. said Tuesday its foundation and the Bill & Melinda Gates Foundation will commit an additional $60 million to Botswana's African Comprehensive HIV/AIDS Partnerships.
H.I.V. Prevention Gel Hits Snag: Money
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Researchers also worry that the Bill and Melinda Gates Foundation, the most important philanthropic supporter, has not committed major financing for the additional studies on the gel.
Washington State is one of nine states without a state income tax. Bill Gates Sr., the father of the Microsoft founder, wants to change that. Gates is lending his high-profile name and influence to a ballot measure that would tax the income of individuals who earn more than $200,000 and couples who earn more than $400,000. His son — the world's second-richest person — definitely falls into that category.