Warm Southern Breeze

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Posts Tagged ‘Smithfield’

Black Journalist Confesses: “I’ve used the n-word.”

Posted by Warm Southern Breeze on Sunday, June 30, 2013

This Op-Ed speaks volumes.

Read on.

Confession of a black journalist: Like Paula Deen, I’ve used the n-word (Opinion from Anthony Cook)

Anthony Cook, Huntsville Times Community News Director

Anthony Cook, Huntsville Times Community News Director

By Anthony Cook | ACook@al.com
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on June 25, 2013 at 8:18 AM, updated June 25, 2013 at 12:57 PM

When I first heard about the dust-up over food mogul Paula Deen saying the n-word, my first reaction was “Um … OK.”I considered it just that – a dust-up. Big deal.But when it was reported that her extremely popular cooking show was being dropped from the Food Network, my thoughts changed to: “This is a big deal.”I’m guilty of spending the occasional Saturday morning in front of the tube with my wife, watching Paula whip up some Southern comfort food.When I heard she’d used the n-word at some point in her life, I wondered how I’d view her the next time she was on TV, concocting something you could almost taste through the screen and telling us “This is so good, y’all.”

But, apparently that’s not gonna happen. Not only has Food Network dropped her show, but Smithfield Foods has dropped her as a spokeswoman, and QVC and Walmart are considering doing the same.

This writing isn’t a defense of Paula Deen. She’s a big girl. She can take care of herself. And those businesses that are dropping association with her are just that – businesses. They have to consider the bottom line, which can be greatly affected by blows to their image. They essentially have been left with no choice.

I began to see the hypocrisy of expecting white people to adhere to a standard that I was not upholding myself.

As a black man, this writing is my attempt to point out Read the rest of this entry »

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Smithfield Foods Chinese Pork Project is a Wall Street Happy Meal Deal: American Prices Will Increase

Posted by Warm Southern Breeze on Wednesday, May 29, 2013

If you like bacon, ham, pork sausage, barbecue, ribs, or any other pork product – including cold cuts & pizza – get ready to pay at least 2 – 4 times more, and for shortages.

Why?

Wall Street minions – who manage Smithfield, an American company no more – have no patriotic qualms about taking food off your table and out of your mouth to feed the mouths of the people who steal our nation’s military secrets, defraud our motion picture & music copyrights, and have an historical track record of Shanghai-ing anyone & everyone who gets in their way.

You think I’m kidding, or that I don’t know what I’m writing about?

Just recollect back a few months – oh, say about 7 – to Thanksgiving in November 2012 when pecans were 2x – 3x the price they were usually.

And why was that?

After all, pecan farmers had a record bumper crop… and that typically translates into lower prices for consumers.

It’s because the Chinese suddenly discovered they liked pecans, and were willing to pay premium prices (translate: much MORE then you’re willing to pay), and so the growers shipped pecans over to China.

As I continue to contend, IT’S ALL ABOUT THE MONEY.

Okay… so it may cost more. So what?

How about this?

Were you aware that the Chinese company that bought Smithfield sold pigs that had been fed a substance banned in the USA & England & other nations?

Yup.

Shuanghui Group, China’s largest meat processor, sold pigs fed Clenbuterol in 2011. Here are three links about the ordeal.

And, would it surprise you to find out that Goldman Sachs is one of the top investors?

1.) “According to Chinese government data, 18 outbreaks of food-related clenbuterol poisoning occurred between 1998 and 2007. The most recent report indicates one person died and more than 1,700 others fell ill.”

2.) “Meanwhile, at Jiyuan Shuanghui’s processing facilities, of the 689 pigs awaiting slaughter, 19 tested positive for clenbuterol. Shuanghui, which counts Goldman Sachs among its investors, has shut down the Jiyuan branch affected by the contamination so it can conduct its own inspection.”

3.) “And in recent months the additive has earned notoriety in China after a string of people got sick from eating pork products full of it. Hundreds took ill in one incident in March, and this week, 286 people in Hunan province after eating pork contaminated with ractopamine, a chemical very similar to clenbuterol. Chinese livestock farmers began using clenbuterol in pig feed in the late 1980s to boost growth and get animals to market faster, but it was banned in 2002 as the health risks of eating the meat became better understood. Clenbuterol-tainted meat dizziness, headaches, hand tremors, and other unpleasantness. It’s especially risky for people with heart troubles.”

Shuanghui Agrees to Acquire Smithfield Foods for $4.72B

By Shruti Date Singh and Jeffrey McCracken – May 29, 2013

Shuanghui International Holdings Ltd., China’s biggest pork producer, agreed to acquire Smithfield Foods Inc. (SFD) for about $4.72 billion to boost supplies for the nation that’s the biggest consumer of the meat.

Closely held Shuanghui, parent of Henan Shuanghui Investment & Development Co. (000895), will pay $34 a share for the Smithfield, Virginia-based producer, both companies said today in a statement. The offer is 31 percent more than yesterday’s closing share price.

China’s consumption of pork is rising with the expansion of its middle class while there are questions being asked about the safety of the country’s food supply. Smithfield’s livestock unit is the world’s largest hog producer, bringing about 15.8 million of the animals to market a year, according to the company’s website. It owns 460 farms and has contracts with 2,100 others across 12 U.S. states.

The takeover is valued at $7.1 billion including debt, which would make it the largest Chinese takeover of a U.S. company, according to Read the rest of this entry »

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