Swindled 109. The Machine (Tyson Foods)
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Apr 30, 2024 The podcast discusses Tyson Foods' pursuit of profit through exploitation of animals and people, including Cody Easterday's fraud, Tyson's aggressive growth, inhumane treatment in chicken slaughterhouses, and controversies like smuggling immigrants and child labor violations.
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Ghost Cattle Scheme
- Cody Easterday, in a scheme against Tyson Foods, falsified cattle invoices.
- This "ghost cattle" scheme defrauded Tyson of over $233 million.
Tyson's Market Power
- Tyson Foods holds significant power in the agricultural economy, stifling competition.
- This power dynamic forces ranchers to operate on thin margins, encouraging risky practices.
Tyson Foods Origins
- John Tyson started Tyson Foods during the Great Depression, hauling produce and later chickens.
- His son, Don Tyson, revolutionized the industry by vertically integrating the chicken production process.