How You Could Be Killing Billions of Bees… with Your 401(k)
All across the United States, honey bees are dying at an alarming rate.
It’s estimated that nearly 10 million beehives (worth an astounding $2 billion dollars) have disappeared in recent years.
Unfortunately the collapse of beehives shows no sign of letting up, which has left many asking, “What’s causing the collapse of beehives, and what can be done to reverse the destruction?”
In a report released just last year, scientists were finally able to determine the exact reason bees were dying in such great numbers, and the reason is a lot scarier than originally anticipated.
…In a first-of-its-kind study published today in the journal PLOS ONE, scientists at the University of Maryland and the US Department of Agriculture have identified a witch’s brew of pesticides and fungicides contaminating pollen that bees collect to feed their hives. The findings break new ground on why large numbers of bees are dying…
What’s even more disturbing is the fact that the company who is the main producer of these toxic chemicals is also one of the most profitable stocks being traded by many Americans’ 401(k) funds.
I’m talking about the Monsanto Company (NYSE: MON). The creator of the herbicide “Round Up” and the controversial “Agent Orange” continues to be one of the strongest publicly traded companies in the world.
As Monsanto grows, the use of their toxic chemicals on plants across the United States continues to rise as well.
But here’s what most people don’t know… dozens of mutual funds contain Monsanto’s stock. And many of these mutual funds accept 401(k) dollars from employees.
This means that many Americans are unwittingly using their 401(k)s to contribute to the deaths of billions of bees around the world.
Several organizations are actively trying to petition large fund managers to dump Monsanto stock.
But if the past is any indicator of the future, Monsanto will continue to profit from 401(k) dollars, and the company will continue to produce harmful chemicals that reduce bee populations.
Don’t be scared. Be prepared.
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