and abby joined us earlier today to talk more monsanto and g.m.o. foods i first asked her about monsanto is history of scandals here's her take. yeah there so much scandal it's hard to put it all in one package but going back to aspartame it's an artificial sweetener that's two hundred times we were the sugar first owned by cyril who the c.e.o. was donald rumsfeld at the time and then when he joined reagan's cabinet they passed through aspartame when the national association of soft drink association said we do not want this passed all the tests that cyril have presented to us are full of holes shoddy at best so that was passed through santa later acquired cyril and then you see the f.d.a. commissioner who was appointed during that time that passed aspartame later joined the public relations firm for monsanto and cyril so there's just a revolving door that goes back decades with these companies also d.d.t. it was a pesticide that was produced by monsanto that was banned in one thousand nine hundred eighty two and since that ban we've seen a ten fold

well they've already won you know in in court but that's really just the start of the battle monsanto has demonstrated time and time again that they have the resources they have the connections. to squash any sort of opposition so it's going to be really interesting to see how they how they counteract this and you know how successful they are i think that the scale that we're looking at again it's really going to differentiate this case from some others of its kind but it's still it's still going to be an uphill battle sholay it seems like a lot of countries in the world are very aware of the issue of genetically modified seeds of crops and i know that there were organic farmers here that obviously know about it because months endos going after them but i mean why do you think the majority of americans are would you say that they're blissfully unaware of the subject yeah absolutely you know it's been estimated that up to seventy five percent of americans daily diet is genetically modified and people people just don't know we don't have any sort of labeling that happens. and you know i

and farms but this one company that's leaving behind a toxic legacy coming up an inside look at monsanto. history. and it's tuesday june twenty sixth five pm here in washington d.c. i'm liz wall and you're watching our teeth. old poster workers going on strike on capitol hill in hopes they can save the dying agency congress has plans in the works to slash much of the funding to the agency and mass layoff workers the postal workers are pointing their fingers or right back at congress for putting him in this predicament in the first place that's because back in two thousand and six congress passed a law requiring the u.s.p.s. to refund to prefund that is health benefits for seventy five years here's the ad buy america's postal employees. the postal service is critical to our economy delivering mail medicine and packages yet they're closing thousands of offices slashing services and want to layoff over one hundred thousand workers the postal service recording financial losses but not for reasons you might think the problem a burden no other agency or company bears at two thousand and six th

improving agriculture and proving the lives that's the model monsanto the ag giant who is the world's second largest producer of genetically modified scenes companies come under scrutiny with their battle against small farmers so you know over one hundred forty four of them for patent infringement to combat the corporation farmers have attempted to fight back last year two hundred seventy thousand small farmers tried to sue months santo for their cd practices but a district judge dismissed the lawsuit now five million brazilian farmers are suing the company saying that monsanto collects unfair annual royalties for their renewal harvests of their seeds to talk more about the lawsuit and the five million farmers behind it i was joined by shelly roche from by bite style t.v. here's her take. yes that's a huge number it's really unprecedented as far as monsanto is concerned and basically the lawsuit is that once a farmer buys months and seed they have to pay an annual royalty fee that that essentially goes on forever so they have no way out once they've bought the seed this actually viola

washington and i'll be joined us earlier today to discuss more about monsanto and g.m.o. foods take a look. well unlike other countries we have deemed g.m.o. foods to be substantially equivalent bush sr passed this through in one thousand nine hundred two with the f.d.a. and what it says is that g.m.o. foods are substantially equivalent to non g.m.o. foods so they're pretty much equal and that's completely different than any other country really. knows what the other well there are both a parent way according to the f.d.a. there is no proof and the like other unlike other countries the u.s. does not require their own independent tests of verify whether these foods are safe or not what they do is have these firms and agricultural giants conduct their own research and tests and when the f.d.a. passes the substantially equivalent there was internal documents released later from f.d.a. scientists that said hey this isn't true and we completely disagree with this but it's kind of been sucked under the rug like i said there's a revolving door between this corporation and the go

food and farms but this is one company that's leaving a toxic legacy coming up an inside look at monsanto cd history. tuesday june twenty sixth four pm here in washington d.c. i'm liz lol and you're watching r t well we all know why the way that we communicate has changed aracely over the years just a couple decades ago only a rare few had cell phones but of course these are the days of smartphones that do all kinds of things not only that people use social media e-mail instant messaging texting all kinds of ways to communicate companies understand this and are taking full advantage of it here's the headline out of the wall street journal. states quote on orbit's mac users steered to pricier hotels that's right orbitz figure is if you have a fancier computer you have more cash to book fancier hotels and they know how to target you some companies get it but our communication laws seem to be stuck in the early one nine hundred hundreds and some argue that they're holding us back into this rapidly changing world to talk more about this our very own party web producer andrew blake joins us no

our friends at monsanto threatened to sue the state if that bill was passed despite passing out of the house a cultural committee by a vote of nine to one the bill didn't make it any further because of the fear of a lawsuit. so now bernie sanders and barbara boxer well they're trying to ensure that such lawsuits don't happen there introduced an amendment to this year's farm bill that would have forbidden such lawsuits one would fulfill congress' obligation to represent the people by you know representing the people according to an m s n b c poll in february of two thousand and eleven ninety five percent of americans agree that labeling of food with genetically engineered ingredients should be allowed and those polling numbers have been consistent when a mother goes to the saw and purchases food for her child she has no right to know what she is feeding her child not i believe a terribly radical idea. you know bernie i agree it is not a terribly radical idea to let people know what they're eating whether you're skeptical of genetically modified food or not i think most people would agre

it is no mystery why monsanto would fight people's right to know.ness is booming for this huge chemical company. it raked in over $11 billion in revenues and cleared $1.6 billion in profits in 2011 and this year is going pretty well for monsanto. so once it seemed possible that vermont could pass the bill -- because the people of the state of vermont wanted to see that legislation passed -- but our friends at monsanto threatened to sue the state if that bill was passed. montsadly -- and this is what goes on in politics, not just on this issue but on so many issues -- despite passing out of the howg agricultural -- out of the house agricultural committee by a vote of 9-1 the bill didn't make it any further because of the fear of a lawsuit from this huge multinational corporation. but today, we have an opportunity with the sanders-boxer amendment number 2310 to affirm states' rights to label food that contained genetically engineered ingredients. this amendment recognizes that the 10th amendment to the u.s. constitution clearly reserves powers to our

were manufactured and sold by american chemical companies including tao monsanto and diamond shamrock. at the time vietnam was divided into north and south the us supported the government of south vietnam and military intervention intensified after nine hundred sixty five. but the us made strong resistance from guerrilla forces who used dense jungle as their base of operations. defoliants brain was begun in an effort to deny coverage to the guerrillas by eliminating the jungle folliot. as the war escalated the spraying of deval eons increased dramatically and much of the land in south vietnam was contaminated and left barren. the defoliant known as agent orange was made from the same chemical substances as herbicides used in the us but it was twenty five times more potent. agent orange also contained dioxin the most toxic chemical ever produced. dioxin remains in the environment for many decades and causes a variety of health problems. several million vietnamese and american soldiers who fought in vietnam were affected by agent orange. their children and grandchildren continue to suff

. >> all right, jeff, monsanto. low tech name but one of your beefs is with management.l fired up and think the stock is over valued? >> i am fired up here in chicago. i've seen a lot of missteps over the years. but i think more important the sensitivity with china with the interest rate cut out of china today that could be a tell if there are more problems, slower growth coming out of china and monsanto will feel the effects of that, sully. >> i'm going to go back to josh -- i'm making an executive order here. i'm not going to count rim in our 60 stocks. i got burned on this name, josh -- no money anyway, i had to take herb to dinner. which is priceless, right, as the commercial says. you picked it in our nfl stock draft. >> i something is going to give on this name, isn't it? >> sully, you look pretty athletic. you've played football. >> poorly. >> back in the day. >> this is a hail mary for a contest. i'm not throwing in the towel yet. as far as owning it it in real life, it's not the kind of thing i'm interested in. earnings growth is decelerating. with something lik

the third is cutting agricultural subsidies that largely favor producers such as monsanto or other large agricultural producers in our country. the fourth is removing limitations on local and regional procurement of food aid. it's american products produced here and shipped overseas. that's wasteful and expensive. the fifth is eliminating earmarks on foreign aid programs which really does limit flexibility and makes it difficult for the foreign 88 decision makers and they are important to make in the time of crisis as changing continues are involved. those are some issues that could develop the effectiveness. to hear what others think about this, i want to end with a story. it's easy to forget that they are human faces attached. i want to tell you the story of elizabeth, a concern i met in 1999. before there was foreign assistance in the area, hiv in africa although and certainly there was treatment that was limited in africa. as another point. it's been on the aspect viral list and he would be dead if he lived in africa. this is a story of elizabeth. she was a young mother and monogamou

well lawsuits are filed to try to stop american biotech giant monsanto from making genetically modified maize but it could have been a new breed of root worms build lawyers to it find out more online. the anxious wait continues for weiqi leaks founder julian assange is over ecuador's decision on whether to grant him political asylum having lost his u.k. supreme court appeal he's facing extradition to sweden over questioning on sex crime allegations but fears a venture will transfer to the u.s. where he could face the death penalty for leaking thousands of government secrets meanwhile the next edition of his political show airs on tuesday right here on our cheap terror has more. julian assange and his just spent his six nights in the ecuadorian embassy here in london waiting for the all important decision his bid for silence in the country asuncion his supporters have always maintained that the case against him is politically motivated and that campaign to silence not just the staunch unself but also wiki leaks the spike having spent more than five hundred days detained without charge th

or soup softball to try to stop american biotech giant monsanto from making genetically modified maize could a new breed of rude worms people to it find out more on line. wealthy british style. that's what i'd like. market why not gamble why not what's really happening to the global economy with mike's culture there are no holds barred look at the global financial headlines kaiser report. would be so much brighter if you only balanced song from france to impression. you start on t.v. dot com. be anxious wait continues for wiki leaks founder julian the sons of ecuador's decision on whether to grant him political asylum having lost his u.k. supreme court appeal he's facing extradition to sweden on sex crimes allegations the fear is eventually transferred to the u.s. he could face the death penalty for making thousands of secrets the next edition of his political show airs on tuesday right here on r.t. correspondent sara firth has more. julian assange and his just spent his six nights in the ecuadorian embassy here in london waiting for that all important decision his bid for silence in t

don't know fully what the health impacts are although from the few studies that we have for instance monsanto studies so that a certain type of their corn produced. kidney and liver damage and even a short term animal feeding study so we know g.m.o. foods so we know that there are health risks so people certainly have a right to know whether it's safe or not but especially if there are questions about its safety people definitely want to know so how do they convince people that they don't need to know. well i don't think most people are convinced you don't know every national poll says nine out of ten people at least support our right to know but when it comes to an election and the lies that can be spun through a lot of money then we're seeing a lot of misinformation coming into the state of california that might just sway people for instance they say that it's not really about your rights you know it's about your right to sue this is one of those tort reform issues i don't see how it is a tort reform issue but the tour form organizations are very interested in this and they've employed thei

food standards the biotech giant monsanto is facing a multibillion dollar lawsuit five million brazilian farmers are suing the company for collecting royalties on crops that unfairly claims as its own next week we'll tell you what the latest case of small farmers versus mega corporations plus get ready for the two thousand and twelve version of one thousand nine hundred four major cities across the u.s. are installing high tech security applications that have speakers were officially going to yell at people for littering or jaywalking and cameras that could see your every move and even record conversations between people on the street to say goodbye to privacy because big brother is watching and finally for decades the u.s. sex toy market is accounted for nearly two billion in total the adult industry sales every year that's all changing thanks to a mix of e-commerce and a gradual shift in sexual attitudes among mainstream consumers next people exposed the sexy side of one of the industry's economic recovery those are just a few of the stories that we have in store for you next week alon

personal health the battle for hearts and tummies there can only be one winner in the biotech giant monsanto has a big lead but a shady history mass producing agent orange genetically modifying your food this is one company with a toxic legacy will tell you what's really on your dinner plate and last but not least it's summertime and for that means taking the first plane train or bus out of town for a little r. and r. with the struggling economy sometimes that's easier said than done and people are being forced to put vacations on the backburner to make ends meet but if you're long young good looking and single and a travel fiction ato there is another way to get that dream vacation you've always wanted the websites called missed travel dot com allows women to advertise themselves to wealthy men looking for a travel partner next week will tell you all about this tour does your and if you missed part of the show or any new show from today you're in luck we post our interviews in full online for your viewing pleasure it's great you. dot com slash our to america and you can click comment and po

monsanto shares rallying after top and bottom line, $4.2 billion driven by strong sales of corn.rong. corn futures up about 18% this month. they expect next year they will see 5 to 13%, 10% increase in corn seed pricing. back to you. >> thank you, bertha. up next on the program, one of facebook's first five employees. now of course in venture capital, he's going to speak out about his time during the company and the very first days when he met mark zuckerberg and how he's helping other internet entrepreneurs. where you should head as an investor. >>> >>> eight years ago four students sat in a harvard dorm room and created the biggest social media company in the world. today there are more than 3500 employees at facebook. matt, one of the first five employees hired at facebook. matt, great to have you with us. we're just discussing how you got to facebook. you're part of the founding team at linked in and got recruited over by common friends. >> that's right. silicon valley works as a network and ecosystem. i was fortunate to be part of the team at linked in. when mark and dustin

earnings front, look for results from general mills, lennar, mccormick, monsanto and paychex.s how u.s. futures are pointed so far this morning. i believe we're still in the grown. hanging onto it. a couple point higher, though. no major moves across the indexes. we'll see if that changes again. take fair value into account, that pushes them into the green. dow up by 13 points, a couple points for the nasdaq and s&p. randy warren, cio at warren financial service is still with us. what is going to drive the trading day in the u.s. this morning? durable goods, housing? >> well, certainly those numbers are important. all the economics are -- numbers that come out are important. you know, typically five minutes or 30 minutes after the number comes out, it's already forgotten. probably what's going to drive the day is what's happening in europe. you know, om of the earnings that are just now starting to come out will become much more important as a couple weeks go on, the second week of you'll. those earning numbers will become very important to the markets. maybe the united states

caller: i am thinking this is a big giveaway to big agricultural companies and companies like monsanto, companies that genetically- altered our foods. tomato today lasts a long time and has no taste like it did years and years ago. it has more acid, which is not a good thing. i am wondering if people realize this is a big giveaway, just like the tea party said the reinvestment act was and the health care bill. where are they right now? how come they are being so quiet. t? guest: if we do find big reductions. if all other divisions took as big of a cut, we would be dealing with the deficit. we have payment limitations in the program so it does not go to the big companies like you're talking about, but rather emphasizing crop insurance where farmers pay a premium that is more market-based and cost effective. i still go back to what i pointed out a minute ago. every single american has access to the most abundant and affordable food supply, and your point about the taste of the tomato and so forth, we also support organic farming. if you have that option. you can buy produce that is organ

. >> monsanto. b of a raising the price target. >> a major preannouncement to the upside.er. >> under armour. >> they're in the best position. cotton prices have just cascaded here. they buy a lot of cotton. they've got a lot of new technology. i like this company. >> for more on those names go to sots.cnbc.com. it's going to be a light data week, jim. we're all going to be waiting for thursday when bernanke speaks. we've already had someone at goldman double down on his call that they'll at least hint on something. are we waiting until then? >> i think we're really waiting for the anything, any meeting, anything on wednesday from europe. i think that, look, i think that bernanke's going to again try to calm things. even he has said, listen, it's up to congress. morgan stanley with a piece out late friday saying there's going to be qe-3. who needs qe-3? the market's taking us there. >> what's on "mad" tonight? >> unigen. i'm trying to fe kous on speculations that are trying to keep people in the game. >> see you tonight. 6:00 and 11:00 p.m. eastern time. >>> when we come b

if there is anybody who is committing a sin against the farmers, it is monsanto and the guys who putut the genetically modified stock. guest: i will minott and bismarck a couple of weeks ago city must be enjoying the view. when she talks about organic and smaller farms and such, this is something you see a consent -- a constituency forming on the farm bill. this is a chance for us to grow our own food, healthy food, and puts people in touch with the land. how can you encourage their production? a genetically modified crops, one of the big issues in that -- there was an amendment by senator sanders about labeling ofgmo commodities on food labeling. that failed resoundingly by one issue that will continue is how you can protect farmers who want to be organic farmers from contamination from their neighbors field? how you keep this market having the integrity that consumers want and encouraging it to grow so we can continue this diversity of agriculture that is a national strength. host: evansville, indiana, independent line. caller: you have not addressed the department of agriculture.