Zach Lahn
👤 SpeakerAppearances Over Time
Podcast Appearances
we don't have clean drinking water.
Like, no, this is what I'm talking about.
This is where we expect our dollars to stay in our state, to benefit our people, and the idea that we'd use refundable tax credits to support a Chinese company, when, by the way, we have homegrown Iowa companies that compete with them.
That compete.
One of these guys testified in front of a congressional hearing, which let me just say this, like,
This goes to your example.
How many times have we seen a congressional hearing about this?
Or this thing come up, and it's like Congress is talking about it, and absolutely nothing happens.
When you see that come out, it's just like, anybody that's awake is just like, I'm sorry, what?
We are done being distracted from the things that actually matter.
We're smarter than this.
But in this hearing on what's going on in the agriculture input markets, one entrepreneur, third generation Iowa seedsman, creating independent seeds, who's competing against these companies,
is talking about what these companies do.
Just a little background here.
We have GMO seeds, and so those genetics have patents on them, and the patents last about 20 years.
And once the patent runs out, they're supposed to go into a seed library.
So an independent seed maker can pull that seed off the shelf, and they can use it to make their own version, and usually often, most often, like generic drugs, cheaper.
What this third-generation seedsman testified about in front of Congress is that when these big companies, just two companies control all of the seed genetics in our country, when one of those big companies puts that on the shelf in the seed library, before they do it, they scramble the name of it into random letters and numbers so he can't figure out what it is, and he has to continue going to them for royalties and pay royalties to get seeds.
Holy shit.
And so...