By Mathew Carr
Nov. 7, 2024 — This video (not new) is still shocking … a company Smithfield Foods was allowed by regulators to do this to animals and customers and rivals … this shows capitalism in America is in dire need of change — better regulation.
About 28,000 hogfarmers went out of business because of 28 laws allowing Smithfield to monopolise the business and dominate the landscape.
One of the laws:
Wendell Murphy made it illegal to sue a factory farm.
CarrZee: yes we are all pigs in small cages now.
This is what happens when companies focus only on profit and market share and market power … and not on sustainability.
China bought the company …but it did not create the bad behavior …US lawmakers and regulators were behind that.
Really crazy.
Robert F Kennedy, part of Donald Trump’s new administration, sets it out.
https://twitter.com/BGatesIsaPyscho/status/1854262536046100731
Im not saying Bill Gates is a psycho, btw. That’s just the handle, above.
Maybe Gates is planning to help improve this situation right now, or will be forced to by Donald Trump’s administration?
Google AI:
Yes, China bought Smithfield Foods in 2013:
- When
- On May 29, 2013, WH Group, a Hong Kong-based company, announced its purchase of Smithfield Foods for $4.72 billion. The US government approved the deal on September 6, 2013.
- What it was
- The deal was the largest Chinese acquisition of an American company at the time, valued at around $7.1 billion when including debt. The purchase included Smithfield’s 146,000 acres of land, making WH Group one of the largest overseas owners of American farmland.
- Who it is
- Smithfield Foods is a Virginia-based company that makes ham products under brands like Armour, Eckrich, Gwaltney, and Kretschmar. It’s one of the top four meatpackers in the US.
