sure is that so much. because it is. the muslim world for change around the globe people are protesting against governments. in a self defined democratic let's learn. the latest in such instances. the contrary.

ok tom hartman here broadcasting live from washington d.c. coming up today on the big picture.

he. i. in order to understand how the system works it is necessary to look at the parties involved the producer and the buyer for example the producer and the fire agree that one will sell the other will buy a specific amount of weight at a specific price and the product will be delivered in a year from now for that they signed an agreement which is known as a time conflict. such contracts ensure producers and buyers against such risks as bad weather and sudden changes in prices.

if you're a farmer you're afraid the prices are going to fall you can lock in the price months ahead of when you harvest by selling here and get rid of the risk so you can do the same if you're a buyer a processor like general mills or tell all odds or post and you. can lock in the priced of the grain months ahead of when you actually need to buy it so that when you actually do go buy it if prices are much higher you got it for already at a much lower price. these contracts do not remain in their ups they are bought and sold by profiteers and a contract might swap hands dozens of times before it expires for example buyers purchase contracts for wheat at a low price if the price we close up they have made a profit. were transferrin risk whole purpose of the exchange is to transfer

risk from people that have it like farmers and don't want it to people like myself speculators take the risk because if you take a risk and you're right you make money course if you are wrong you lose money i. since two thousand and six they players have begun to appear at the chicago grain market. now they're not only traditional players of the pits but also managers of huge financial institutions that until a few years ago showed no interest in investing in the food. the financial markets which had been very greedy in lending money for mortgages in the united states lost on the mortgage market the son prime crisis as it was called

led to a collapse in investments. but the market crumbling because of the mortgage crisis highly investing profiteer saw a new opportunity in food they invaded the chicago markets and began to buy time contacts in unprecedented quantities causing prices to shoot up. investor has jumped out of real estate and housing and jumped on the bandwagon of probably commodities food commodities. their money and the monopoly control of agribusiness nominees like cargill drove the prices upwards. i totally disagree with that kind of talk that speculators are not behind the big rise in prices speculation has very very little to do with it. when bubbles break liquid gets splashed all over the place and yes there's not

a question there was some corroborative so. i don't doubt for a moment that speculators move grain prices though i think they move grain prices by a hundred percent now i think that speculators problem the move the grain prices by twenty percent fifteen percent. at prices would have gone up anyway. because of the weather problems on the weak dollar and the export bans on tight world stocks that's why prices went up the hunger that has become permanent and global is totally a creation of the global food system the global food system is not created to feed the people of the world it's created to maximize the profits for months until the seeds of cargill for trade for selling pesticides herbicides

but she lives are in the period of two thousand and seven to two thousand and eight while food prices doubled the profits of these companies also doubled. so if you want to understand why prices are going up why be polite in less you just have to look at these companies and centers buying up every seed money of the world cargill controls about seventy percent of staple treat in the world and they would like to control hundred percent and they would like the situation with a prayer that says give us this day our daily bread is a prayer not to call the creator but is a pray carville and send. us company monsanto is the world's biggest trader of genetically modified seeds. it began as a small producer of chemicals turning into one of the creators of the infamous agent orange in the sixty's and seventy's a poison that was used in the vietnam war the deforested shoe jarius and caused

cancer and tetra genesis which continues to affect the country even today. in two thousand and two a company obtained permission from the government of india to introduce a genetically modified cotton seed in the market known as bt called it is genetically enriched in laboratories with the bacteria capable of killing the parasites that threaten this plant. we have been able to develop a technology called border guard a bt cotton technology where we. produce a seed that has protection bests thereby helping farmers almost double their cotton production reduce the number of pesticides they have been using in the field to control those best and really increase their average income in six years after the introduction of. india has become the world's second largest producer and the

second largest exporter in six introduction of the. four centuries the farmers of india cultivated their farms and their seeds which were given to them by mother earth. they are a gift from the gods that belong to no one and give everyone the right to use. that to. come home i may be. there with him we would plant our own seeds from what we used for food we would keep a few the following year we would plant the same seeds. movement with they were natural see. if there was a drugs they'd come out fine just the same if. we had our own seeds we didn't go to the market we had no separate expenses for that number.

so. so so. so . we had cotton and we had corn we had peppers we had everything. where the seeds yours. they were ours the peppers the corner the cotton were ours. and you want to price for your crop yes a even won a prize so if your seeds were good why did you take the others going to the others

who are also using them we thought we could get a better harvest. and we used them so that's how it happened. with the seeds we got ourselves into debt. so. they assured us we would get two hundred kilos from each field. the first time we had only a few expenses for the seeds. then we used fertilizers once or twice. now we used them five times and it's not enough. i thought they only not only the soil has lost its strength because of the bt cotton if we use a different seed nothing grows you don't use your own seeds no we do not.

you can't imagine their deception they would bring bt seeds and say we don't need to use a lot of chemicals. and for a year it was like that however the following year a new parasite the a bug arrived. well at the beginning they said we wouldn't need to spray at all. then they said you must use some for this bug or this for the other bug so what is the situation now. and what those months on to produce it also produces chemicals and who is the biggest trader in chemicals. you think will start bringing their chemicals and pesticides to the market with any company give up and profit no . but therefore yes the farmers in india cultivate expensive crops

they depend on multinationals for seeds and medicine for little eyes or ears of which they need more and more though. the same farmer that spent nothing on seeds before now must spend forty percent on seeds. before there were no expenses and fertilizer now twenty percent goes to that a farmer would not use any pesticides now that amounts to ten percent of all this adds up to seventy percent that they must put on the cost of them so you know no one. it was a very bad day he was going round and round his mother was sick in bed and when he came in sat back there his wife was sleeping there.

he didn't see what he did but he had sold them self and petrol. and we saw a very strong fire and then he came in fell here. and we were all here. but have had a. good and he was burning in front of our eyes he burned very quickly over. the last month in it as a. dog we did everything we could to save him we took him to the hospital but he died two or three hours later. in the fog and. he would tell us he knew we told him not to take it too seriously we didn't imagine he would do something like that he was worked up and sat thinking alone for hours we would tell him the hard days would pass that's what we tell him. with.

the stories that we have suddenly become scandinavians and don't see the sunlight and therefore getting depressed in a homicide and in their lives it's amazing how hot foot out the human imagination can be when it wants to find excuses to not i understand the real roots of a crisis the government's own data shows that the majority of farmers who have committed suicide with deeply injected ardita shools the majority of them walked into that because the country.

most suicides of the two hundred thousand are in the cotton belt most of them have grown me to compton the story of indian farmers is the story of how these depletion is corporations have emerged as criminal operations i often see is two hundred thousand people have been killed by a dictator we would have called it genocide. suicides in india are tragic phenomena and unfortunately have existed before the introduction of bt cotton in two thousand and two because the smoke rises ready indebtedness and then so often other causes are inadequate infrastructure and education and i'm leaving for sort that's awful.

she would say nothing. she would say nothing about alone i always find him worried even thought. she was always worked up is mind was working all the time. she was never happy she would pretend to be happy outside inside the house he seemed lost. i talk to him i told you god was tested us that's not warry will get through this is sad but she said that was impossible because we had debts and knew harvest. how will belief. how will the raise

our children how. old are towards him and he wouldn't tell which. when they. were at school and the girls told me a father drank poison i couldn't understand what he drank and what it was. he will be the late me the seeds they give us that is the main cause of suicide they put in ny

a leader is inside i think that. in the past any tree that gave seeds if we kept them and preserve them for the whole season and planted a tree the next year it would grow just like the one before but it would be if we keep the seeds from this one nothing will grow no one told the farmers this. eventually the village learns that this person cannot produce anything you need. them. why then not even the loaner will lend him money the bank won't lend him money oh. but if he gets depressed. the day comes when he will do something. and that is why our situation has become so tragic because of the seeds. but even if the farmers keep the seeds for the following here they risk being sued

by the company the seeds are patent protected which means they are the intellectual property of monsanto. as strange as it sounds through this patent to consolidate something that is alive as its own invention and has the right to exploited exclusively for twenty years. but if a farmer keeps some seeds to plant next year then he is accused of being a criminal. he will be fined with twenty five thousand rupees which is three hundred eighty euros but we can the small farmers pay a twenty five thousand rupee fine. for we would keep our own seeds and use them the following year but if the farmer doesn't do that who have to go all the year. tell me is that fair on humanity. entered into a contract. stating that they will. use the seed. and then

for some reason to use the seed the following season that violates the contract that we had with it is a very small number. and in most cases we look these differences out of court so when you apply. that you can't see the seed for an ever growing. massively increasing the cost of production for farmers massively. and we've already money from everyone to buy seeds we ran out of money. by the way as this goes on my husband killed himself because of the debts with a neighbor. we couldn't save and he's saying. that the medical cure was depressed the dad was huge. now i don't know

what to do when my husband brought to mommy. the me nobody will lend money to woman who live near the someone especially here. in this situation had so many and i feel so sad. for. the cottonseed earlier did not have protection against floorboards. farmers had to spray pesticides. scientists agriculture scientists around the world what he would find a more sustainable way to protect the plant against those that against that one that was but it was actually called bt got which is inserted into the sea it's a product of the science in the scene.

for me and all of the operate the controls that food supply the seed supply and those companies now are going beyond the paddling of a single black friday to say we can patent all plants and we can patent all crops with a single atoms were claiming traits within those fridays in those crops that are common to all of them. so we control everything we control the filesystem. did they make the seeds know that until today nature made the seeds did they create anything living they couldn't. wear as much in seventy's no proprietary c. their product whatsoever not really today eighty two percent of the sea salt are proprietary they're part of a patent. that's an enormous chair. janet

e.p.a. engineered crops do not produce more food but they tell the lie that the markets more straight does not feed people at least not people hungry because a globalized street then becomes a trade controlled by five agribusiness corporations the price as they want and they want to speculate upwards they speculate upwards when they want to fix the prices downwards to capture markets they take the prices down let's and as their profits increase people stop. so they've got what they need out of this they've got to control and frankly now because they have that control they don't need biotech anymore they've got the marketplace is to them they control the first link in the future. one of. the was it were it with was it

were were the. water. possibly it's not traded now but it could be in the future perhaps sure. i don't know much about it because there is no market to buy and sell water maybe there will be in the future if i have a market where people who need water and a market of people who out of water can get together and through their own best interest discover and that's an important word discover the price of that of that commodity. how dare a government how can a government how can. a group of supposed intellectuals sit down and say

this is the price of water everywhere around the world. will there be circumstances where some people will not have water. yes. that will happen that is the harsh reality of how markets function and the do you sometimes run out of soap yes whose fault is that probably yours because you didn't go to sort of by any should you blame the government no. sure fault.

wealthy british. markets. find out what's really happening to the global economy. for a no holds barred look at the global financial headlines. is a report on our feet.