In case you have been living under a rock the past few weeks, we thought we would explore what the Syngenta deal could mean for the future and safety of American agriculture.
ChemChina has offered more than $43 billion dollars for the pesticide and seed producing giant Syngenta, which could put the safety and security of American food sources into Chinese hands.
According to the New York Times,
“The state-owned China National Chemical Corporation said on Monday that it had received clearance from a regulator in the United States for its $43 billion acquisition of Syngenta, a giant in farm chemicals and seeds.
The approval by the regulator, the Committee on Foreign Investment in the United States, removed one of the biggest potential challenges to the deal, as the interagency body had previously proved to be an obstacle for cross-border agreements involving Chinese companies.”
How could any agency think that it is a good idea to put a Chinese state owned company at the forefront of the safety and future of American agriculture?
Apparently U.S. lawmakers don’t think it is a very good idea and they are planning hearings to look at the consequences of these large agricultural mergers and exactly what can be done to stop them.
As members of the American public that rely on the agriculture produced by farmers using Syngenta products, we can only hope that cooler heads prevail and the Syngenta deal is stopped before any damage can be done.
If you look at the large corporations that dominate the agricultural landscape in the United States today, you will begin to see a similarity to the major banks that controlled the financial markets in the U.S.. Did we learn nothing in the great recession as our financial house crumbled beneath us?
Think about the similarities and what could possible happen if our agricultural house crumbled. Imagine, if instead of a financial crisis, we had a food crisis. It is time for diversification in all of our major economies so that there is never again a business that is “too big to fail”. How have we not learned this lesson yet?
What can you do?
Reach out to your Congressman and Senators and let them know that you oppose the Chinese government controlling a large portion of our food supply and safety. Tell the that you want them to fight the Syngenta deal because it could be harmful to the American people.
Tell them that you want the control of American agricultural and American food to be in the hands of Americans. Enough with the global economy already. It is time to stop giving away our sovereignty and focus on protecting and providing for the American people.
How could anyone think that it would be beneficial to our country to have the Chinese government effectively controlling a large portion of our agriculture and food production resources? You must get involved and do your part to stop the Syngenta deal and keep the control of our agriculture and food production here in the United States. Let’s diversify these companies, so that if something happens to one of them, it is not a catastrophic failure that will take years of suffering and difficult corrections to cure.