Agent Orange was meant to kill plants. Guess what else it did? Guess what company was responsible for making it? The effects aren't always as advertised.
I haven't heard of anyone dying from GMO corn, but people have died from eating GMO crops: look up Pioneer Hi-Bred soybeans.
Do people really need to die before you consider something to be harmful? The fact is that with GMO, we do not know the effects, and it could easily be decades before they become apparent. Biology is complicated shit, and changes introduced by GMO are not examined with an eye towards the unknown. We are like Marie Curie playing with glow-in-the-dark isotopes, only in our case there are hundreds of millions of us.
Cite source better? Googling "Pioneer Hi-Bred soybeans" gets me stuff by the company itself, pages of positive news results, and government documents determining that the stuff doesn't pose a risk.
Now, it's all well and good to call for caution. Remember, though... every policy has costs. Do you think people farm with pesticides, chemical fertilizers and toxin-resistant crops just because because they're greedy SOBs and absolutely must take in maximum profit for their investments? No, they do this because in some places, you simply can't grow enough food any other way, so if you don't farm that way, there's not enough food, and people starve to death. Google 'Green Revolution'. There are the technologies that transform starvation into plenty. Yes, they turn a profit... but more importantly, they save lives.
Really, that is the essence of the situation. We're NOT merely talking about 'maybe some company makes a little more or less money'. This is food. Being able to grow it better, in worse conditions, means more places where we can grow food, and better yields in those places we can already grow food. That means people can live who could otherwise not.
Like it or not, it IS progress; more food for more people. You can argue specifics about specific cases; scientists are not infallible. Sometimes they fuck up, even with billions of dollars of research riding on them. But on the whole, we have progress; human life gets better on average, permitting more human lives to exist. Your cautions are all well and good, and don't think for a moment that the scientists devising these things are ignorant of the risks. At the same time, don't you be ignorant of the benefits. Norman Borlaug, by spearheading the implementation of this stuff, may have saved a billion lives. That's billion with a B; one-seventh of all humans alive. This is a benefit which vastly outweighs the consequences. Indeed, I'd argue that it's a benefit that vastly outweighs all consequences, but perhaps you have an epistemic position that places something other than human life as your highest good, that considers some other factor as more important. If so, we don't even have a basis for discussion... but if you agree that human life is the highest concern, then you can't disagree that the real effect of these technologies, in human terms, is positive.
Loan guarantees like the one A123 got totalled $90 billion in the "stimulus" bill passed in 2009. Government sticking its thumb on the scales of the economy is always a bad idea--whether it be bailing out banks or perpetual ethanol subsidies + ethanol mandates + import tariffs.
Just a few clarifications to your post. Loan guarantees are not grants. A123 received a $250 million loan guarantee, not $90 billion. Government has a vital role to play in keeping the economy moving. This is done through tax incentives, loans, stimulus programs and grants. The problem is that the wrong corporations capture these incentives. Obsolete industries and industries which are doing fine without incentives tend to capture most of them... (i.e. General Electric receives enough government incentives that they pay no taxes but they are a perfectly viable business to stand on their own.)
Read post more carefully before refuting, parent was quoting the total amount of 'stimulus' loan guarantees in that year, not the money given to A123 specifically. Now, you could argue that it'd work fine if it weren't for the 'wrong' corporations getting the money, but really... are there 'right' corporations that could be getting money? Someone has to pay the taxes in the first place, after all... and since when has robbing Peter to pay Paul ever resulted in net gains?
It is clear that the individual who persecutes a man, his brother, because he is not of the same opinion, is a monster. - Voltaire