Obama Declares Agricultural War on Europe
How the U.S. Could Destroy Europe
Jobs are being promised and tens of billions of dollars in additional trade are up for grabs if the EU and U.S. can come together and pass the Transatlantic Trade and Investment Partnership.
Sounds good, right?
Ah, but the devil is in the details.
You see, U.S. negotiators are now being charged with the responsibility of getting the EU to relent on its many bans on genetically modified crops. Certainly a tough sell where the government and farmers prefer to embrace the precautionary principle instead of using their citizens as human guinea pigs.
But here in the United States, not only do we mock the idea of “playing it safe,” we allow our government's agriculture policies to be dictated not by sound science or public health, but instead by the companies that have ponied up the most filthy lucre to their favorite politicians.
As you know, President Obama already has a handful of former biotech and big ag lobbyists and corporate elites working out of the White House, while Congress has issued free hall passes to the likes of Monsanto (NYSE:MON) and Syngenta (NYSE:SYT) in an effort to allow for quicker, and more efficient money grabs.
I know the President is going to push this new partnership hard, because let's face it, there's a lot of money at stake here. But the sad reality is that if the United States is able to bully its way onto European farms and contaminate those healthy soils with the poison that has now spread to more than 90 percent of all corn, soy and alfalfa grown here in the U.S., both the EU and the United States are screwed.
A Bad Deal
You see, on the EU side, the introduction of cheap, nutritionally-inferior, GMO-laced food could decimate local agriculture, which interestingly enough is what allows much of Europe's famous and internationally-desired delicacies to exist. It's almost as if this administration will champion a deal that essentially decares an agricultural war on Europe.
And here in the U.S., if the EU decides to take a bunch of GMO-laced crops off our hands, that means we'll produce more and more here. Good for job-creation, right? Not necessarily.
Most of the potential exports would come from large factory farms which don't employ large numbers of Americans with well-paying jobs. Truth is, most of these factory farms are lightly-staffed, and often times with illegal immigrants willing to do a lot of grunt work for little pay. Meanwhile, with an increase in export demand, we'll meet that demand by expanding our already unsustainable farming methods that will further degrade our waters and soils.
Essentially, the EU could end up using the U.S. as a sort of toxic dumping ground on which to grow their food, much in the same way China, under the terms of the recently-announced Smithfield (NYSE:SFD), deal will result in the further pollution of our water, soil and air by outsourcing their factory farming demands.
While I fully expect these new free trade agreement to be paraded around as yet another great idea coming out of Washington, it'll do little to benefit U.S. citizens (at least in the agricultural sector), could ultimately lead to the strategic dismantling of a healthy European agricultural system, and of course make companies like Monsanto, Cargill and Archer Daniels Midland (NYSE:ADM) a lot of money at the expense of the American taxpayer.
I'm certainly not anti-free trade. But I am anti-tyranny. And once again, all I see in this agreement, at least from an agricultural standpoint, is the United States selling out its people and its land to the highest bidder.
You'll Never Be On the Inside!
After getting your report, you’ll begin receiving the Outsider Club e-Letter, delivered to your inbox daily.