The Big get BIGGER

Bonnan

Member
Bayer Ag the German company is offering to buy out Monsanto. Offering 63 billion dollars, a 37% premium over Monsanto's stock price. What are we coming to? Is there a Justice Dept anymore? This can't be good for farmer; what is your reaction?

Jim B
 
it is wrong ,,. In Harry TRUMAN s day we would not stand for It ,,. this is vulture capitalism ,,.and it worx in tandem with corporate communism,,. unions are useless , these days
 
Of Course... Monsanto will probably take other offers, & drive the price up considerably, & then do what companies do best? Move money out of the country to hide it from the feds. Even though a lot of that money is/was/will be obtained through federal farm subsidies paid from farmers.

Bayer Ag from what I remember is into Farm animal health, & Ag seeds.
 
The big 4 appear to be turning into the big 2.

Capitalism is a good thing if innovation drives it. Monopolies and buying out the compition is the bad side of it the govt was supposed to be watching for.

Paul
 
This is EXACTLY what Bernie has been yelling about. You can rest assured that mergers like this will be the norm if the Donald is elected.
 
Yes Paul, at one time we had an active anti-trust department that kept the bad side of capitalism from running rampant.
 
Big business is bad when it eliminates its competition rather than competing.

But think about it, what Bernie is for is only the govt as the only option, socialism means we have no choice at all.

Big business without controls is bad; big govt is worse, far worse, far more controlling.

I don't think Bernie has the answers, only makes it worse in the long run.

But I understand his appeal, if one doesn't think it through......

Paul
 
How is this different than Tennessee buying IH, or any of the companies John Deere has bought out? Would it make any difference if it was Monsanto buying Bayer Ag? Not saying I'm for or against it is just need more info from you guys that can enlighten me some.
 
(quoted from post at 16:05:20 05/23/16) Worse under nnalert huh?
Care to back that opinion up with some facts?

Yeah, I'll wait with you so we can both be enlightened! :roll:
 
The vegetable growers around me are saying it's costing too much to protect their crops, and this could put them out of business. I do not like the idea of our food coming here from other countries.
 
"Move money out of the country to hide it from the Feds". Care to back that statement with facts?
 
What's mine is mine, and what's yours and theirs should be mine? Yep, sadly that's what we've become as a once strong and proud nation. Thank goodness that this upcoming weekend is Memorial Day weekend because in honor of those that sacrificed for our freedom from would be tyrants that celebrate tyrannical governments, I'm taking my family, friends, neighbors out onto MY property to fire off hundreds, perhaps thousands of rounds. God bless what was once America, which MY property and ownings always will be as long as I'm alive.

Mark
 
This country currently has about the highest corporate taxes on the planet. Companies have been moving their corporate head quarters overseas or "selling out" to overseas concerns for a decade or more now to get a better tax rate. Any money a US corporation makes outside the country get drilled double on taxes if they bring it back into the country. Can you blame them for getting out?
 
(quoted from post at 12:30:57 05/23/16) This is EXACTLY what Bernie has been yelling about. You can rest assured that mergers like this will be the norm if the Donald is elected.

Bernie's solution though is to either drive all the businesses out of the country and import everything or the government seizing those business and running them. Well we all saw how well that worked for the Soviet Union didn't we?

Rick
 
(quoted from post at 12:30:57 05/23/16) This is EXACTLY what Bernie has been yelling about. You can rest assured that mergers like this will be the norm if the Donald is elected.

Oh by the way the current person in the Oval Office said he was gong to put a stop to that too. And he has driven more companies off shore than anything else.

Rick
 
Nother question for you guys that are yelling about this and how wrong it is. How many of you drive vehicles who's parent company is not a US based company? Toyota, Nissan, VW, Chrysler, Dodge or Ram and many others? How about farm equipment? How many are running CaseIH? Sending part of your money to foreign countries? When you are all driving Ford and GM, buying only MF and JD tractors then you can yell.

RIck
 
Massey is a Canadian company and Deere was one of the fist to import tractors to sell under their name.Gotta buy a Toyota to get something made in the USA(LOL).Anyway
with companies that are owned by stockholders no one really knows who owns what or where the owners are from.
 
Ford GM MF and JD all have parts from foreign countries and cars from other countries , I don't think any tractor under 80 HP is US made , maybe even larger. There is no such thing as all US .
 
"Socialism means we have no choice at all"
50 years ago, a college professor told us that "We are all socialists when we go to the bathroom.... when you pull that plunger, you want someone else to take care of it!"
(caveat: This does not, of course hold true for those of us on a septic system.)
 
How many know about the DOW DuPont merger? DuPont has already started to shift production offshore and announced layoff of 5,400. I most likely will be out of a job by the end of the year or at best offered 1/3 the pay!
 
Bayer is part of I.G Farben. a company that was caught up in ww2 Germany. made synthetic fuel and used slave labor.
 
(quoted from post at 17:12:34 05/23/16) Ford GM MF and JD all have parts from foreign countries and cars from other countries , I don't think any tractor under 80 HP is US made , maybe even larger. There is no such thing as all US .

Yea but the money stays in the states at Ford, GM, JD or AGCO HQ, it doesn't go to Italy or Japan. Where not only does the money from the purchase of a new Chrysler, Dodge, Ram, CaseIH ECT go to pay for material and labor in a foreign plant, the profit goes overseas too. The only profit from them that stays in the US is dealer profit.

Rick
 
Farmers pay federal farm subsidies only to the extent that all other taxpayers do.

Rather, farmers receive federal farm subsidies.

Dean
 
I love playing the Bernie Sanders drinking game, WGM.

Every time Bernie promises some more free stuff, you chug someone else's beer.

Dean
 
I agree, most foreign vehicles are only assembled here (about 10 hours labor) but designed, engineered, tooled, financed, controlled, processed and top managed overseas. That is why so many of our college grads that used to work in industry are now working at Starbucks and Enterprise. We have not just lost factory jobs, we lost the skilled labor tooling jobs and the white collar jobs. Drive through a GM or Ford factory town, or a textile town in the Carolinas or a steel town in PA. Then tell me how well America did in this world trade deal. Sure we got cheap t-shirts and electronics but we gave up job security, health care and retirement plans for them.

We Red state guys forget that the President that broke up the American monopolies was Teddy Roosevelt....a nnalert....100 years ago.
 
Europe is slow to embrace GMO's. Monsanto's purchase by Bayer would allow Bayer to skip over Europe while becoming a huge player in the GMO business. As it is now, Bayer is one of the biggest drug/chemical makers in the world.
 
Remember when a certain current administration that I won't mention, seized both Chrysler and General Motors but before sold Chrysler off to Fiat, took ALL of the stocks from the stock holders and gave them to groups that contributed heavily to their campaigns and agendas, and when the stock holders said "Those are ours, we paid for those, you can't do that", the same current administration that I won't mention called them "...unpatriotic..." for standing up for what WAS legally theirs? It happened as a matter of historical record. It happened.

Mark
 
Read up on whats currently taking place in Venezuela if you want to know what the ''norm'' will be if bernie or herr hitlery are elected.
 
(quoted from post at 02:25:42 05/24/16) I agree, most foreign vehicles are only assembled here (about 10 hours labor) but designed, engineered, tooled, financed, controlled, processed and top managed overseas. That is why so many of our college grads that used to work in industry are now working at Starbucks and Enterprise. We have not just lost factory jobs, we lost the skilled labor tooling jobs and the white collar jobs. Drive through a GM or Ford factory town, or a textile town in the Carolinas or a steel town in PA. Then tell me how well America did in this world trade deal. Sure we got cheap t-shirts and electronics but we gave up job security, health care and retirement plans for them.

Manufacturing has gone the way that fast food will be, more automation and less employment due to the wage structure, benefit costs and pension costs being out of whack compared to the world. They used to joke that GM was a pension plan that made cars, not far from true. The widowed mother of a friend at work had her GM bonds stolen by the Current Occupant, dividends from them she depended on for part of her living. I hope he and his rot in ____ for what they did. Someone also said that what can't continue, won't... the way manufacturing was being run here couldn't continue in the face of better world competition, and it didn't. May be sad or not, we blew it and now are paying the price.

http://www.businessinsider.com/manufacturing-is-not-in-a-recession-2016-1
 
I don't understand how people ever could have thought these lavish pension plans and living off dividends could ever be sustainable. It was all a big Ponzi scheme from the beginning. You all got hoodwinked.

The only way it ever would have worked is with continual, never-ending, exponential economic growth.
 
This thread is getting far too political.
Having said that, I want ALL OF YOU to keep in mind that to get to where we are today took cooperation from ALL THREE branches of government.
Congress to pass the laws - at the president's urging.
The president to sign the laws
And the supreme court to reinforce and back up the laws.

Want it different? The only way is at the voting booth. And it will take time - maybe generations to fix what is wrong.
 
(quoted from post at 17:12:34 05/23/16) Ford GM MF and JD all have parts from foreign countries and cars from other countries , I don't think any tractor under 80 HP is US made , maybe even larger. There is no such thing as all US .


Thing is back in the 60's Ford, GM, Chrysler and a couple of companies like Motorola made most of their stuff right here. They sold stuff to companies like Deere, IH and AC. Then there was an antitrust movement that cause them to split stuff like AC and Motorcraft off. That eventually led to things like starters and generators moving off shore. Now there were several reason for that to include labor cost but also included EAP and OSHA concerns.


AS far as where the profits go, sure the share holder get dividends but corporate profit stays in the US. And MF is an American owned brand, AGCO owns them, the HQ is in Duluth MN.

Rick
 

For all practical purposes GM is a Chinese company. 70% of their vehicles are built out of the US and they have 11 assembly plants in China. If you don't want to watch the whole video at the link at least look at the banner behind one of the speakers and note the hammer and sickle and the Cadillac crest on the same banner.


China Chevy:
https://www.youtube.com/embed/Lvl5Gan69Wo
 
Those were the good old days. Now the (insert name here) in the oval office does it all by himself by way of an executive order.
 
There are limitations even to the executive orders. They do not necessarily have the power of law, and they expire. They are also limited in scope. There are some things that cannot be done with executive orders. Then there would come the constitutional challenges. Even kings, emperors, and dictators have limitations.
 
I would rather see strong American companies, based here with allegiance to America, with factories both here and
overseas, rather than the reverse.....

foreign companies, based in foreign countries with allegiance to a foreign country, with factories in both their nation
and in the USA.

It is not just a subtle difference. Foreign companies see Americans as dumb cheap labor....the brain power in kept
their own country.
 
(quoted from post at 09:48:49 05/25/16) ... Foreign companies see Americans as dumb cheap labor....the brain power in kept
their own country.

They pretty much have that figure out correctly. Look around at our fellow Americans.
 

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