The insurance companies aren't covering that. Should Monsanto be liable for these losses? Should the state government? Who's going to cover the losses? The fact is, here's an industry with no long-term liability in place.

Back in 1983, the United States government approved the release of the first genetically modified organism. In this case, it was a bacteria that prevents frost on food crops.

The public should know that the liability issues here have yet to be resolved, or even raised. If you're a farmer and you're growing a genetically engineering food crop, those genes are going to flow to the other farm.

The industry's not stupid. The industry knows that if those foods are labeled 'genetically engineered', the public will shy away and won't take them.

If you try to make money doing something you're not enjoying, it's a hard way to make money.

Who doesn't want to have a yacht? But I would prefer to invest my money in something else. But I love them. I just wouldn't buy one unless I had a lot, a lot of money.

Financial crises require governments.

All taxpayers feel a tremendous sense of frustration as they see many tens of billions of dollars of bonuses paid to the same mega banks that were on the brink of bankruptcy and were only saved by massive government rescue money and support. We are not satisfied by the fact that many of them have paid the money back, nor should we be.