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  • Koch Ya!

    These are masterful tacticians who understand image is everything; who understand that if you plow enough money into marketing and public relations and advertising, you can build an invincible brand. You can even turn a sow’s ear into a silk purse by rehabilitating the deregulatory/free markets brand that fleeced the public, took their homes, left the financial system of the country in ruins and then used taxpayer money to attempt to bail itself out. But don’t think about that; think about the new and improved “freedom” brand.

    The Koch Empire and Americans for Prosperity By PAM MARTENS

    Lily Tomlin said it best: “No matter how cynical you become, it's never enough to keep up.” Despite two solid years of progressive media tracking the billionaire Koch brothers’ funding of right wing front groups, new details have emerged which show a more sophisticated and ominous network than previously understood.

    One of the key organizations funded by a Koch-controlled foundation is Americans for Prosperity (AFP). While it has been widely documented and publicized that the group is orchestrating the Tea Party, AFP is also a veritable smorgasbord of other “grassroots” personalities. The AFP or the AFP Foundation have spawned the following identities:
    DefendingtheDream.org (August 27-28 D.C. summit for right wing strategizing and rally);
    SayNoCapandTrade.org (kill tax on production of greenhouse gases);
    NoInternetTakeover.com (attacks on the Federal Communications Commission);
    SickofSpending.com (“…how to recruit, educate, organize, and mobilize fed up Americans to stop the radical left-wing agenda…”);
    RegulationReality.com (“…educate citizens about the EPA’s attempt to implement radical global warming regulations…”);
    NovemberIsComing.com (phone bank; go door to door to beat back those liberals);
    TaxCutsForAll.com (don’t raise taxes on the rich);
    SpendingCrisis.org (shrink the Federal government);
    CaliforniaSoS.com (cut spending in California);
    United4NoOn4.com (kill Amendment 4 in Florida that would give voters more say in local legislative decisions; an ironic position for people who say they want to promote more liberty).
    Americans for Prosperity also created PatientsUnitedNow.com and orchestrated hundreds of rallies to help kill the public option in health care reform.

    Americans for Prosperity now has chapters in 30 states, including those with the largest number of voters. As part of the focus on state level efforts, key right wing foundations are funding another nonprofit, the State Policy Network, which says it has free market think tanks in every state. The work of most of the groups is to push for privatization of public services and public schools. The State Policy Network is fueling a new, rapidly growing movement: right wing funded groups posing as independent investigative media outlets. So far, there is West Virginia Watchdog, Old Dominion Watchdog in Virginia, Texas Watchdog, Illinois Statehouse News, Missouri News Horizon, Capital Report New Mexico, Idaho Reporter, the Commonwealth Foundation’s Pennsylvania Independent, TNReport of Tennessee, the Pelican Institute’s Capital Reporter in Louisiana, Pacific Research Institute’s Cal Watch Dog in California, Idaho Freedom Foundation’s Idaho Reporter, the Cowboy State Free Press in Wyoming, and others in various stages of getting up and running.

    Doing the recruiting for investigative reporters for a number of these right wing news sites is Claire Kittle, the former Program Officer for Leadership and Talent Development at the Charles G. Koch Charitable Foundation. The State Policy Network publishes strategic planning articles on how these newly anointed investigative reporters can network with each other and get stories they pen to dominate the internet and be picked up by mainstream media.

    Tactically using its state chapters and YouTube, Americans for Prosperity was able to blanket the internet with a McCarthyesque video depicting the progressive One Nation Working Together rally in Washington D.C. on October 2 as a communist-inspired, Socialist Party march. Despite a coalition of 400 organizations involved in the March, including the AFL-CIO, American Federation of Teachers, UAW, NAACP, Rainbow Push Coalition, the video exclusively highlights the contingent of Socialists, making it appear that they dominated the march. The clip runs with the headline:

    “Proud Socialists March at Left-Wing Protest in DC.” The video clip plays the Russian Anthem in the background (while calling it the Soviet Anthem) and, at one point on the video, shows a young woman portrayed as if she is singing the lyrics. People commenting on-line clearly believe this music was playing at the progressive march.

    At TeaPartyPatriots.org, a poster commented: “Any comments on the One Nation rally? ... hard to believe people in this country would disgrace their own country by playing the Soviet Anthem.” At JoeTote1.blogspot.com, a person using the moniker Joe Tote said: “For God’s Sake! They were marching to and singing the old Soviet anthem!” I contacted people in the know who were at the march in the vicinity of the Socialist contingent. I was told that no such music was played.

    The use of the music by Alexander Alexandrov suggests evil genius at work. The music, although it now has new lyrics, is associated with the murderous Stalinist regime and evoked a firestorm of criticism in Russia when it was reintroduced as the National Anthem in 2000. At the time, Russian historian Leonid A. Sedov was quoted in the Los Angeles Times in opposition to the reintroduction, stating: "A national anthem must not disgust even some part of the population. We know too well that there are a lot of people in this country who can't hear this anthem without shuddering."

    If you put the title of the video in the Google search engine inside double quotes (“Proud Socialists March at Left-Wing Protest”) it brings up 232,000 links, as of this writing. This is McCarthyism on steroids.

    Charles and David Koch, who tied for 5th place in the 2010 Forbes list of the richest Americans with $21.5 billion each, are the controlling shareholders of Koch Industries Inc., a private global conglomerate with a presence in over 60 countries, including interests in oil, refining, pipelines, paper products, chemicals, and fertilizer. Its commodities trading operation stretches from New York to London, Geneva, Singapore, Mumbai, and Rotterdam. Koch Industries has revenues of $100 billion, according to the Koch Industries, Inc. web site. Despite the full throttle push for “free markets,” the Koch brothers have never allowed their company’s stock to trade in those “free markets.” Georgia-Pacific was immediately delisted from the New York Stock Exchange following its purchase by Koch Industries, Inc.

    In 2000, 60 Minutes did a story on Koch Industries, revealing the details of what one of the dissident brothers, Bill Koch, was alleging in Court documents. “Bill Koch filed a lawsuit in federal court claiming that much of the oil collected by Koch Industries was stolen from federal lands. At the trial, 50 former Koch gaugers testified against the company, some in video depositions. They said Koch employees had a name for cheating on the measurements.” It was called the Koch Method. “The company used the Koch method with virtually all its customers. In the 1980's alone, Koch records show those so-called adjustments brought the company 300 million gallons of oil it never paid for. And it was pure profit. Bill Koch says that profits from that oil were a minimum of $230 million…In December 1999, the jury found that Koch Industries did steal oil from the public and lied about its purchases – 24 thousand times.”

    The brothers refer to their philanthropic work as the “Koch Family Foundations.” Listed on the Koch Industries Inc. web site are the Fred C. and Mary R. Koch Foundations (the deceased parents of Charles and David); the Charles G. Koch Charitable Foundation, the David H. Koch Charitable Foundation and the Kansas Cultural Trust, renamed the Koch Cultural Trust in 2008. The web site does not list the Claude R. Lambe Charitable Foundation which is controlled by Charles Koch.

    Claude Lambe was a real estate developer and insurance broker in Kansas. He invested in a company formed by Fred Koch in 1934, the Buffalo Oil Corporation. Lambe’s wife, Pauline, died in 1976; Lambe died in 1981. According to a Koch Industries publication, Charles Koch was left in charge of Lambe’s estate. Charles Koch and his wife, Elizabeth, serve as Directors on the Foundation’s board. Hopefully, Lambe wanted to fund all of these right wing causes because that’s what his foundation has been doing since his death.

    A click to the foundation section of the Koch Industries web sites brings up clean, wholesome images: beautiful, migrating white pelicans in various stages of flight at a Koch funded wetlands; an ethereal cluster of snow-dotted ballerinas in fluffy white tutus performing at Lincoln Center. But beyond white-feathered pelicans and tulle-feathered ballerinas, there is the deep sense that Koch is out to feather its own nest.

    The Free State Project

    We have a right wing “grassroots” group of our own here in New Hampshire with ties to Koch money. Called the Free State Project, it was the creation of Jason Sorens. (While the group advocates for the elimination of tax-funded public education, Dr. Sorens teaches political science at the taxpayer funded State University of New York at Buffalo.)

    Dr. Sorens is an example of a core strategy of the right wing funding network.

    Taking a cue from corporate research that teaches if you want to create brand loyalty for life, you must reach your target market at an early age, many of the right wing nonprofits offer internships and associate programs for promising undergraduates and grad students. They look for two things in particular: writing skills and computer/internet savvy. These individuals are called the “talent” and are viewed in the same light as Merck views its “thought leaders” in the launch of a new drug. In many cases, they are funded and nurtured for life. The Charles G. Koch Charitable Foundation has at least six staff members with the word “Talent” in their title, for example, Manager of Talent, Director of Talent, Coordinator of Talent. It explains on its web site that over 700 individuals have gone through its paid Summer Fellow program and have gone on to work at places like Cato, the Wall Street Journal, Department of Justice, World Bank, and Council of Economic Advisors.

    Dr. Sorens was funded by two Koch funded organizations: the Mercatus Center and the Institute for Humane Studies. When he was ready to launch his audacious plan to convert New Hampshire into a free markets stronghold, he was assisted on the morning of February 27, 2004 with a big-wig press conference at the Washington D.C. headquarters of the wealthy and well connected American Enterprise Institute, also funded with Koch money as well as the rest of the A-list of conservative foundations. According to its most recent 990 tax filing, available to the public at www.guidestar.org, the American Enterprise Institute had assets of $104 million in 2008 and received grants and contributions of $59 million that year.

    The concept was a bit far fetched even for the conservative reporters at the event. Dr. Sorens proposal was, via coaxing on the internet, to get 20,000 Libertarians to move to New Hampshire and take over state and local politics by being hyper activists. To potential recruits, Dr. Sorens pitched the gambit as creating a migration and sanctuary for freedom-loving people. To the American Enterprise Institute, he pitched it as a means of leveraging an anti-regulatory agenda to benefit business, not just in New Hampshire but in other states as well. “Once New Hampshire moves dramatically in a free market direction, we are going to continue to attract individuals and businesses from other states. And other states are going to have to reform their own laws in order to avoid losing their tax base to our state,” Dr. Sorens told the audience.

    Dr. Sorens and Mercatus had a plan to move that theory along. Dr. Sorens and William P. Ruger, an Assistant Professor at the Texas State University, San Marcos co-authored a study with the Koch-funded Mercatus Center on Freedom in the 50 States: An Index of Personal and Economic Freedom. The study ranks the 50 states in terms of personal and economic freedoms. Exactly 13 days after the study on Freedom in the 50 States was released, the 1851 Center for Constitutional Law at the Buckeye Institute for Public Policy Solutions in Ohio, another free markets nonprofit, used the document in testimony on a House Bill in Ohio threatening to “initiate legal action” if the bill was signed into law. The testimony noted, from the report, that “Ohio recently ranked 38th in an index of economic freedom amongst the 50 states.” The bill the Center was against would have eased mortgage loan modifications to prevent foreclosures. Koch foundation money provides support to the Buckeye Institute for Public Policy Solutions.

    Dr. Sorens’ belief in the individual’s pursuit of freedom and democracy has been called into question with this post he made at the Cato Institute: “The ‘collective action problem’ helps to explain why only narrow interests will successfully organize and achieve policy victories, and why these will come at the expense of the citizenry. Interest groups can achieve these victories only because voters are deeply, irremediably ignorant of philosophy, politics, economics, and public policy. Trying to educate voters is hopeless because they lack the proper incentives to learn and employ political knowledge.”

    One hard-learned lesson for the big money funders is that frequently when you get some real grass in your grassroots movement, the corporate script is not followed as neatly as in pure astroturfing. (Astroturfing refers to campaigns or movements that are orchestrated by special interests but masquerade as spontaneous grassroots uprisings.) The first offshoot of the Free State Project effort was in Grafton, New Hampshire and was as subtle as a Wall Street hostile takeover. Locals say about $1 million was spent buying up properties and recording the names in limited liability corporations so the real money behind the purchase could not be discovered. But the Free Staters living in the homes were quite visible and vocal. One man set up a web site to harass local officials, declaring: "This is a list of New Hampsters who have oppressed libertarians...Don't vote for them, don't hire them, don't buy from them, don't sell to them." The list, titled “Blood Bath and Beyond” named a Judge, the Selectmen, the Selectmen's Clerk, an attorney, a police chief, and various police officers. The web site has not been taken down.

    The brazenness of the takeover talk rankled the local residents; a heated town meeting ensued, with unfavorable national press for the Free State Project. The Boston Globe called it “Grafton’s Messy Liberation.”

    Things have since quieted down in Grafton while heating up in the tolerant town of Keene. A handful of Free Staters, most of whom advocate a totally voluntary society and no government regulation on any business, have engaged in the following stunts: standing topless in the quaint town square; holding a bag of marijuana in front of the police with the intent of getting arrested, to challenge drug laws; pretending to drink alcohol in city council meetings to press for drinking in public places; holding “School Sucks” signs at the public middle school to challenge taxation for “government” education; chanting outside of the private homes of a police officer and sitting judge who are not popular with the Free Staters. Public opinion in Keene has now turned decidedly against the Free Staters.

    Another individual who has spent time in Keene, New Hampshire and helped the Free State Project movement along is Peter Eyre. Eyre interned at the right wing Cato Institute (which received funding from Koch); then became a Fellow at the Charles G. Koch Charitable Foundation. Next Eyre spent two and one half years at the Institute for Humane Studies (also supported by Koch money and the same Institute that supported the work of Dr. Sorens). In early 2009, Eyre moved on to Bureaucrash, a project affiliated with another right wing think tank, the Competitive Enterprise Institute (CEI). (CEI ran TV ads in a dozen cities on “global warming alarmism” one week before Al Gore’s documentary, “An Inconvenient Truth” premiered.) The Institute for Humane Studies links Bureaucrash as a previous internship partner with the Charles G. Koch Summer Fellow Program. Exxon and Koch charitable funds have supported the Competitive Enterprise Institute. Eyre’s more recent pursuit was to travel around the country promoting libertarian ideas in a motor home named Marv with colleagues Jason Talley and Adam Mueller.

    What could possibly explain all this right wing and deregulatory attention on a state of 1.3 million people? For one, New Hampshire hosts the first Presidential primary. For another, Koch Industries, Inc. purchased Georgia-Pacific Corp. for $21 billion in 2005, paying a 39 percent premium over its share price on the New York Stock Exchange at the time. Georgia-Pacific is one of the world’s largest paper companies. Its household consumer brands include Angel Soft, Brawny, Quilted Northern, Sparkle, Vanity Fair, and Dixie. Georgia- Pacific owns no timberland. Its Wood and Fiber Supply division must seek out sources of wood from industrial, institutional or individual landowners. New Hampshire is 84 per cent forest land according to the New Hampshire Department of Resources and Economic Development. But there is a growing environmental and land conservation movement in New Hampshire. That could pose a problem for lumber interests.

    Are the Koch brothers alone in outsized funding of right wing groups? No; but they are among the most proactive and sophisticated in exerting rightward political pressure on universities, media, state legislatures, Congress, and the town halls of America.

    A check of tax filings at GuideStar.org shows there is currently over $6 billion in assets in foundations that promote the free market mantra. Where did the money come from? Some of the largest pro-corporate agenda foundations include old wealth from big consumer brands like Coors, Vicks, Borden, Gulf Oil, F.W. Woolworth, Amway; and new money from John Templeton and Walmart. The tycoons of yesteryear handed down an axe to grind against government interference in big business and that has been carefully nurtured by a labyrinth of modern tycoons and front groups. These are masterful tacticians who understand image is everything; who understand that if you plow enough money into marketing and public relations and advertising, you can build an invincible brand. You can even turn a sow’s ear into a silk purse by rehabilitating the deregulatory/free markets brand that fleeced the public, took their homes, left the financial system of the country in ruins and then used taxpayer money to attempt to bail itself out. But don’t think about that; think about the new and improved “freedom” brand.

    A week from today we’ll take an in-depth look at the new kid on the block: a mysterious right-wing nonprofit that won’t reveal where its mega bucks are coming from.

    Pam Martens worked on Wall Street for 21 years; she has no security position, long or short, in any company mentioned in this article. She writes on public interest issues from New Hampshire. She can be reached at pamk741@aol.com

    http://www.counterpunch.org/martens10192010.html

  • #2
    Re: Koch Ya!

    Given the pronunciation of their name, I think maybe the title of your thread should have been "Snorting Koch", or something like that don...

    Comment


    • #3
      Re: Koch Ya!

      Koch's bad. Soros, Buffett, Hollywood moguls good.
      Outside of a dog, a book is man's best friend. Inside of a dog, it's too dark to read. -Groucho

      Comment


      • #4
        Re: Koch Ya!

        http://blogs.wsj.com/washwire/2010/1...-on-tea-party/

        Comment


        • #5
          Re: Koch Ya!

          “a vision of how we can retain the moral high ground and make the new case for liberty and smaller government that appeals to all Americans, rich and poor.”

          Koch Industries, the longtime underwriter of libertarian causes from the Cato Institute in Washington to the ballot initiative that would suspend California’s landmark law capping greenhouse gases, is planning a confidential meeting at the Rancho Las Palmas Resort and Spa to, as an invitation says, “develop strategies to counter the most severe threats facing our free society and outline a vision of how we can foster a renewal of American free enterprise and prosperity.”

          The invitation, sent to potential new participants, offers a rare peek at the Koch network of the ultrawealthy and the politically well-connected, its far-reaching agenda to enlist ordinary Americans to its cause, and its desire for the utmost secrecy.

          Koch Industries, a Wichita-based energy and manufacturing conglomerate run by the billionaire brothers Charles and David Koch, operates a foundation that finances political advocacy groups, but tax law protects those groups from having to disclose much about what they do and who contributes.

          With a personalized letter signed by Charles Koch, the invitation to the four-day Rancho Mirage meeting opens with a grand call to action: “If not us, who? If not now, when?”

          The Koch network meets twice a year to plan and expand its efforts — as the letter says, “to review strategies for combating the multitude of public policies that threaten to destroy America as we know it.”

          Those efforts, the letter makes clear, include countering “climate change alarmism and the move to socialized health care,” as well as “the regulatory assault on energy,” and making donations to higher education and philanthropic organizations to advance the Koch agenda.

          The Kochs also seek to cultivate Americans’ growing concern about the growth of government: at the most recent meeting, in Aspen, Colo., in June, some of the wealthiest people in America listened to a presentation on “a vision of how we can retain the moral high ground and make the new case for liberty and smaller government that appeals to all Americans, rich and poor.”

          The goals for the twice-yearly meetings, the brochure says, include attracting more investors to the cause, but also building institutions “to identify, educate and mobilize citizens” and “fashioning the message and building the education channels to re-establish widespread belief in the benefits of a free and prosperous society.”

          Charles Koch, whose wealth Forbes magazine calculates at about $21.5 billion, argues in his letter that “prosperity is under attack by the current administration and many of our elected officials.” He repeatedly warns about the “internal assault” and “unrelenting attacks” on freedom and prosperity. A brochure with the invitation underscores that to the Koch network, “freedom” means freedom from taxes and government regulation. Mr. Koch warns of policies that “threaten to erode our economic freedom and transfer vast sums of money to the state.”

          The Kochs insist on strict confidentiality surrounding the California meetings, which are entitled “Understanding and Addressing Threats to American Free Enterprise and Prosperity.” The letter advises participants that it is closed to the public, including the news media, and admonishes them not to post updates or information about the meeting on the Web, blogs, social media or traditional media, and to “be mindful of the security and confidentiality of your meeting notes and materials.”

          Invited participants are told they must wear nametags for all meeting functions. And, ensuring that no one tries to gain access by posing as a participant, the invitation says that reservations will be handled through Koch Industries’ office in Washington: “Please do not contact the Rancho Las Palmas directly to place a reservation.”

          To give prospective participants a sense of what to expect, Mr. Koch’s letter enclosed a brochure from the group’s meeting at the St. Regis Resort in Aspen, including a list of the roughly 200 participants — a confab of hedge fund executives, Republican donors, free-market evangelists and prominent members of the New York social circuit.

          They listened to a presentations on “microtargeting” to identify like-minded voters, as well as a discussion about voter mobilization featuring Tim Phillips of Americans for Prosperity, the political action group founded by the Kochs in 2004, which campaigned against the health care legislation passed in March and is helping Tea Party groups set up get-out-the-vote operations.

          Other sessions discussed the opportunities in the presidential election of 2012 to address threats to free enterprise and “how supporters of economic freedom might start planning today.”

          Impressed by the Koch efforts for the midterms, the invitation cover letter says, Aspen participants “committed to an unprecedented level of support.”

          “However,” it adds, “even if these efforts succeed, other serious threats demand action.”

          The participants in Aspen dined under the stars at the top of the gondola run on Aspen Mountain, and listened to Glenn Beck of Fox News in a session titled, “Is America on the Road to Serfdom?” (The title refers to a classic of Austrian economic thought that informs libertarian ideology, popularized by Mr. Beck on his show.)The participants included some of the nation’s wealthiest families and biggest names in finance: private equity and hedge fund executives like John Childs, Cliff Asness, Steve Schwarzman and Ken Griffin; Phil Anschutz, the entertainment and media mogul ranked by Forbes as the 34th-richest person in the country; Rich DeVos, the co-founder of Amway; Steve Bechtel of the giant construction firm; and Kenneth Langone of Home Depot.

          The group also included longtime Republican donors and officials, including Foster Friess, Fred Malek and former Attorney General Edwin Meese III.

          Participants listened to presentations from the U.S. Chamber of Commerce, as well as people who played leading roles in John McCain’s presidential campaign in 2008, like Nancy Pfotenhauer and Annie Dickerson, who also runs a foundation for Paul Singer, a hedge fund executive who like the Kochs is active in promoting libertarian causes.

          To encourage new participants, Mr. Koch offers to waive the $1,500 registration fee. And he notes that previous guests have included Justices Antonin Scalia and Clarence Thomas of the Supreme Court, Gov. Haley Barbour and Gov. Bobby Jindal, Senators Jim DeMint and Tom Coburn, and Representatives Mike Pence, Tom Price and Paul D. Ryan.

          Mr. Koch also notes the beautiful setting. But he advises against thinking of this as a vacation.

          “Our ultimate goal is not ‘fun in the sun,’ ” he concludes. “This is a gathering of doers who are willing to engage in the hard work necessary to advance our shared principles. Success in this endeavor will require all the help we can muster.”

          http://www.nytimes.com/2010/10/20/us...koch.html?_r=2

          Comment


          • #6
            Re: Koch Ya!

            Originally posted by Master Shake View Post
            Koch's bad. Soros, Buffett, Hollywood moguls good.
            I was thinking the same thing. These mogul types, on both sides of the ideological spectrum, all try to buy influence through a variety of causes and groups. Their motives are almost always not what they would lend you to believe. But that does not necessarily mean the causes they co-opt are necessarily bad.

            Comment


            • #7
              Re: Koch Ya!

              Originally posted by Master Shake View Post
              Koch's bad. Soros, Buffett, Hollywood moguls good.
              A bizarre and troubling post.

              So, we have to choose between oligarchs?

              We've been hearing about Buffett and Soros in the political spotlight for years. The Kochs' rock has been unturned and we're only hearing about them now.

              Comment


              • #8
                Re: Koch Ya!

                Originally posted by flintlock View Post
                I was thinking the same thing. These mogul types, on both sides of the ideological spectrum, all try to buy influence through a variety of causes and groups. Their motives are almost always not what they would lend you to believe. But that does not necessarily mean the causes they co-opt are necessarily bad.


                Originally posted by bpr View Post
                A bizarre and troubling post.

                So, we have to choose between oligarchs?

                We've been hearing about Buffett and Soros in the political spotlight for years. The Kochs' rock has been unturned and we're only hearing about them now.
                I really don't understand the angst being expressed, both in the article and in some of the thread comments. This is the age old system that has been in place for generations in our "democracies", and it is what sets our political/economic system apart from much of the rest of the world.

                In most of the world the process is one of first seizing political power and then using that to enrich ones self and family and friends. That might be through military junta, strong-man "Presidents for Life" or hereditary cult succession, but it follows the same pattern in every case, and it is the dominant system on the planet.

                In the so-called advanced western democracies the system works the other way around. First one has to become wealthy [through economic enterprise or some other means], and then one uses that wealth to exercise political power...either directly by securing office [Bush I & II, Jon Corzine, perhaps Meg Whitman next, etc] or indirectly by getting your man elected [does anybody really think that Obama funded his campaign over the internet with $5 donations? ]

                There is no reason to be surprised...by the Koch brothers or anyone else doing the same thing...it is as it has always been...
                Last edited by GRG55; October 21, 2010, 12:21 AM.

                Comment


                • #9
                  Re: Koch Ya!

                  Originally posted by bpr View Post
                  A bizarre and troubling post.

                  So, we have to choose between oligarchs?

                  We've been hearing about Buffett and Soros in the political spotlight for years. The Kochs' rock has been unturned and we're only hearing about them now.
                  THe reason you are hearing from them now is because the democrats are in power. When they where giving organizations that where going against Bush and Co policy you heard nothing about them...

                  I dont see how they can be seen as right wing if they support groups that are for gay marriage, ending the drug war, against the iraq war, pro abortion etc.

                  It's just they are against obama now so the democrats get all hysterical about it...

                  Charles and David Koch, who tied for 5th place in the 2010 Forbes list of the richest Americans with $21.5 billion each, are the controlling shareholders of Koch Industries Inc., a private global conglomerate with a presence in over 60 countries, including interests in oil, refining, pipelines, paper products, chemicals, and fertilizer. Its commodities trading operation stretches from New York to London, Geneva, Singapore, Mumbai, and Rotterdam. Koch Industries has revenues of $100 billion, according to the Koch Industries, Inc. web site. Despite the full throttle push for “free markets,” the Koch brothers have never allowed their company’s stock to trade in those “free markets.” Georgia-Pacific was immediately delisted from the New York Stock Exchange following its purchase by Koch Industries, Inc.
                  The article btw is laughable. What can one say to this type of analysis?
                  1. No company is obligated to be in any index
                  2. Who knew the index markets where free markets!
                  3. There are thousands of other private companies that dont get into the stock exchange for several good reasons...
                  Last edited by tsetsefly; October 21, 2010, 01:59 AM.

                  Comment


                  • #10
                    Re: Koch Ya!

                    Originally posted by tsetsefly View Post
                    ...The article btw is laughable. What can one say to this type of analysis?
                    1. No company is obligated to be in any index
                    2. Who knew the index markets where free markets!
                    3. There are thousands of other private companies that dont get into the stock exchange for several good reasons...
                    +1.

                    They get criticized for using their money for political purposes. And then they criticized for using their own money, instead of "other people's money", to build their businesses. Love 'em or hate 'em, at least Koch Industries manufactures something more useful than a financial derivative to flog to the world. Compare that to publicly traded Goldman Sachs, which continues to be run for the benefit of the partners who strip off so much of the income for the bonus pool.

                    I have considerable experience with both private and listed companies that I have created, and been involved with as an executive, director or officer. My partners and I are at this very moment in the process of taking a listed company private because we are disgusted and fed up with what we have had to put up with from the brokerage & financial community, and the regulators. The game is stacked against company owners, in favour of the financial interests. Of that we have no doubt from our own recent experience.
                    Last edited by GRG55; October 21, 2010, 02:23 AM.

                    Comment


                    • #11
                      Re: Koch Ya!

                      Originally posted by tsetsefly View Post
                      I dont see how they can be seen as right wing if they support groups that are for gay marriage, ending the drug war, against the iraq war, pro abortion etc.
                      You got it, wasn't glen beck and palin staging some sort of kabuki theater a few weeks ago extolling the virtues of MLK and the civil rights movement?

                      Comment


                      • #12
                        Re: Koch Ya!

                        Don never met a right-wing bogeyman that didn't cause his knee to jerk.
                        Outside of a dog, a book is man's best friend. Inside of a dog, it's too dark to read. -Groucho

                        Comment


                        • #13
                          Re: Koch Ya!

                          Talking their book but where's Xe?

                          The billionaire Koch brothers, the guys who funded a school dedicated to the study of Austrian Economics at Mercatus, a part of George Mason University, according to the New Yorker, invited about 200 people to a meeting this June.

                          On the list of people who he invited - and who the New York Times and Think Progress says attended - are the names of two big hedge fund managers: Cliff Asness and Ken Griffin. Asness' attending makes sense - he (somewhat at least) supports the Tea Party movement.

                          There's also Blackstone's President: Steve Schwarzman. But he was an obvious invite too. Remember the "raising taxes is like Hitler invading Poland" comment?
                          Vampy power CEO Lynn Tilton is also on the list.

                          And so is a VP at Goldman's Private Wealth Management, Cliff Yonce, who we mention because he has a interesting name (he's from Greenwich), and because we think Goldman's being tied to extreme, free-market economics is noteworthy because besides one from Bank of America (Tom Petrie) and one from Wells Fargo (Dick Weiss), no other employees of big banks are alleged to have attended.
                          Why might some of Wall Street's premier minds attend a meeting run by the Koch brothers?

                          Probably because it was a super-right wing idea orgy, Glenn Beck gave a speech, the Koch brothers are billionaires and know how to throw a party, it was in Aspen, and best of all - they were surrounded by people who love to talk about some of their favorite things: life without high taxes on the rich, how the country has to halt government spending. And also, why Austrian economics > Keynesian economics, which is always fun.

                          Read more: http://www.businessinsider.com/steve...#ixzz132JBRNgc

                          Comment


                          • #14
                            Re: Koch Ya!

                            tsetsefly
                            I dont see how they can be seen as right wing if they support groups that are for gay marriage, ending the drug war, against the iraq war, pro abortion etc.
                            That's interesting. Where did you get that information.

                            filintlock
                            Koch's bad. Soros, Buffett, Hollywood moguls good.
                            Taking Soros as an example, what nefarious ends do you really think he's working towards? I know I've seen some coverage about how he's been savaged by a smear campaign from the right as discussed here. I've also read most of his stuff and thought it was about as controversial as EJ's. Squinting hard I really just think they attack him because he proposes, quite well I think, an alternative, competing view to that of the far right. Is there anything substantial you've seen that would discredit him in your eyes?

                            Soros as least appeals to a long tradition of democratic thinking that culminated in Popper's "Open Society." This was what I was taught was the great virtue of a democratic society.

                            Here's an exercise: try and formulate an argument against say Mc Carthyism in America using only the words contained in the phrase "no new taxes."

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                            • #15
                              Re: Koch Ya!

                              Originally posted by oddlots View Post
                              tsetsefly

                              That's interesting. Where did you get that information.
                              I thought it's well known they are libertarians. And have help fund or start many of of the libertarian organizations out there today. Which aside from what I mentioned already also support legalizing prostitution, gambling and a host of ohter positions the right-wing would throw a hissy fit if they where to pass. As well as organizations that help fight eminent, domain, free speech violations and such. (reason, cato, mercatus etc. are just a few to mention)
                              But here is an article from antiwar.org which I would not consider a right-wing organization:
                              http://original.antiwar.com/justin/2...the-kochtopus/

                              In Defense of the Kochtopus
                              Suddenly, the “Kochtopus” is in the news – a subject about which I have first hand knowledge. That’s because, for a year and a half or so in the late 1970′s, I was part of it: part of the “family” of organizations funded by Charles and David Koch, two of the richest men in America. I wrote about this period at length in my 2000 biography of Murray Rothbard, An Enemy of the State, and thought I would never return to the subject again. Alas, history has caught up with the “Kochtopus,” as we used to call it with some bitterness mixed with affection, and today the Koch empire is the object of the Left’s vexatious attention, with the Kochs billed as “the billionaire brothers who are waging a war against Obama,” as Jane Mayer put it in a widely-cited piece in the New Yorker magazine.

                              The Obama network, otherwise known as MSNBC, has regularly railed against the nefarious influence of the Kochian conspirators, with all the subtlety of Pravda denouncing those Trotskyite wreckers and agents of the Mikado who are undermining the Revolution from within. State-controlled National Public Radio has joined the chorus, along with Frank Rich, who, from his perch at the New York Times, hurls invective at these “tycoons,” whose “radical agenda” is being covertly imposed on the country by the “invisible hands” of Big Business, personified by the brothers Koch. Rich cites the work of Kim Phillips-Fein, a assistant professor at New York University Gallatin School, whose book, Invisible Hands: The Making of the Conservative Movement from the New Deal to Reagan, seeks to debunk the populist credentials of the American Right by peddling a sophisticated conspiracy theory that posits the “invisible hands” of billionaires as the real force behind the such movements as the Tea Party and its predecessors. Sketching out a skeletal history of this nefarious, progress-resisting billionaires’ cabal, Rich traces their origin back to the American Liberty League, set up by Midwestern businessmen to oppose the New Deal: ...

                              What Rich, Mayer, and the other chroniclers of the “Invisible Hands” behind the libertarian-conservative movement elide from their pocket history is the one factor that sets the Kochs apart from post-cold war conservatives (and liberals), and that is their untrammeled anti-militarism. The Cato Institute, which was started with Koch money, stood almost alone in Washington against the first Iraq war [.pdf], and staunchly opposed the more recent invasion – just as they oppose Obama’s wars in Afghanistan [.pdf] and beyond. Cato has also stood up for our civil liberties, opposing the PATRIOT Act, and the whole panoply of post-9/11 repressive measures initiated by the Bush administration and expanded by Obama. Right after 9/11, the Koch brothers gave the ACLU $20 million to fight off the Bushies’ assault on the Constitution (George Soros gave half as much).

                              The Kochs stand at the end of a long albeit virtually unknown tradition. The American Liberty League, which Rich and his ideological allies disdain, was financed by many of the same businessmen who later founded the biggest organized peace movement in our history, the America First Committee. A thoroughgoing anti-interventionism motivated these men, as much as horror at what Roosevelt was doing on the home front.
                              ...

                              Posing as populists, however fake, Rich and his friends in the administration can’t hope to make any progress with that line, so they came up with this tycoons-against-government narrative, which seeks to create a conspiracy theory in order to explain rising popular opposition to the Obama-ite agenda of Big Government and perpetual war.

                              It won’t work, because it has nothing to do with the facts. Rich opines that none of Mayer’s blogger critics “found any factual errors in her 10,000 words,” but the piece is riddled with them, not to mention based on a completely false premise, as stated by Rich:
                              “Her article caused a stir among those in Manhattan’s liberal elite who didn’t know that David Koch, widely celebrated for his cultural philanthropy, is not merely another rich conservative Republican but the founder of the Americans for Prosperity Foundation, which, as Mayer writes with some understatement, ‘has worked closely with the Tea Party since the movement’s inception.’”
                              Manhattan’s liberal elites may be content to get their reporting on the inner workings of the conservative-libertarian movement from The New Yorker, perhaps because of the cartoons, but the tea parties were created by another wing of the libertarian movement, and not the Kochtopus, which only later – after the movement took off – decided to go along for the ride. The first tea parties were organized by supporters of Ron Paul, who, on the 234th anniversary of the Boston Tea Party, in December 2007, held rallies across the country and held a “money bomb” for Paul’s campaign raising the all-time record for a single day’s political fund-raising. The organizations affiliated with the Kochs have long kept their distance from Rep. Paul: they view him as an unbridled radical, and one who – worse, from their perspective – can’t be controlled or reined in. ...

                              ... What is so dishonest about the Rich-Mayer conspiracy theory, however, is not what they say about the Kochs, but what they leave out. That $20 million contribution to the ACLU, post-9/11, pretty much says it all: these are not reactionary Know-Nothings, or even Republicans of a familiar hue. The fear and hate exuded by the “get the Kochs” crowd is motivated by panic: the fear that the Obama-ites are about to lose their grip on power, and that they’ll lose it in part due to the Achilles heel of this administration: our interventionist foreign policy.

                              The Kochs, and Cato, have been staunch opponents of the Af-Pak war, as well as the escalation of the war on our civil liberties that George W. Bush started and Obama has continued. The biggest fear of the Obama cultists is that this potent combination – opposition to Big Government and foreign wars – will coalesce in a populist upsurge against Washington. If allowed to take off, such a movement would appeal to the Obama-ite’s base, which, you’ll recall, came together initially due to Obama’s supposed “antiwar” credentials. Now that his administration is handing out trillions to the banksters, the left-wing of the Democratic party is beginning to grumble, and there’s a rebellion brewing in the ranks – which Obama’s wars, in Afghanistan and Pakistan, could ignite into a prairie fire.

                              In which case, rather than FDR, the model for the Obama presidency may turn out to be Lyndon Baines Johnson, who was harried out of office by antiwar protesters shouting “hey hey LBJ, how many kids did you kill today?!”


                              God knows, I am no fan of the Kochtopus: I’ve often pointed out their shortcomings, from a libertarian perspective, in this space. They betrayed their founding principles time and time again, driving out their former intellectual mentor, Murray Rothbard, when he wouldn’t toe the party line, and refusing to this day to acknowledge him as the true founder and inspirer of the Cato Institute. They then smeared and demonized him, trying to cut off such support as he had. Yet the Rothbardian wing of the movement prospered without Koch money, and eventually gave birth to the Ron Paul campaign: the most successful libertarian effort in our movement’s storied history.


                              This underscores the paucity and one-dimensionality of the Rich-Mayer conspiracy theory, which posits that everything is about money: yes, money can help create a movement, but it cannot sustain it, or ensure its success. The Ron Paul campaign was pathetically underfunded, in the beginning, until the Ron Paul for President “money bomb” taught the rest of the political world how online fundraising is really done. It’s passion – ideological passion – that energizes political movements: money is an afterthought. The Frank Rich’s of this world think money determines everything: a curiously plutocratic idea for alleged liberals to hold, but there you have it. The truth, however, is that ideas rule the rule, not dollars – and the “Invisible Hands” are not the billionaires, but the ideologues and activist to whom they must inevitably turn.
                              A response was made by the Koch brothers to a similar hit piece, here is the response (pretty much destroys the article's validity)
                              http://www.kochind.com/files/Respons...w%20Yorker.pdf
                              Last edited by tsetsefly; October 22, 2010, 05:08 AM.

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