Democratic Underground Latest Greatest Lobby Journals Search Options Help Login

You Thought the Koch Brothers Were Bad? Turns Out They're Even Worse Than You Thought

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion Donate to DU
ensho Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-07-11 10:46 AM
Original message
You Thought the Koch Brothers Were Bad? Turns Out They're Even Worse Than You Thought /

Charles and David Koch's reach into virtually every aspect of political, economic and physical life on the planet is probably greater than you thought possible.


Consider, for instance, the Kochs' role in the financial business. You thought Koch Industries was just a high-polluting oil-and-gas-based conglomerate? Add in the part played on Wall Street by Koch Supply & Trading, and the depth of the Koch imprint on the economy is revealed. From Carrk's report:

First, the Koch brothers fought efforts to give the Commodity Futures Trading Commission more oversight over speculative trading, whereby companies can artificially inflate prices on things such as oil, during the Wall Street reform debate. One of the Koch companiesKoch Supply & Tradingtakes part in oil and derivatives trading. We should point out that oil speculation has reached an all-time high at the same time gas prices continue to skyrocket.

-snip of how they fund Amserican for Prosperity-

Similarly, Americans for Prosperity supports the House continuing resolution that cuts spending by $61 billion. Those cuts would reduce the budget for the CFTC by one-third. Make no mistake: Gutting the CFTC or limiting its authority would be a boon to Wall Street businesses that use complex financial instruments. But while the result is more profits for oil companies, it means everyone else pays more at the pump.

-snip of them paying off Sen./Reps-

The Kochs donated directly to 62 of the 87 members of the House GOP freshman class...and to 12 of the new members of the U.S. Senate.

-snip of the many more ways they use their money to influence Sen/Rep/committees/states/other countries-

I can only post so much

you must read it all

we need a group to work on bringing these criminals down

a group of people that can't be bought, blackmailed, intimidated, bullied, or conviently murdered.
Printer Friendly | Permalink |  | Top
CurtEastPoint Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-07-11 10:47 AM
Response to Original message
1. Campaign finance and prohibiting corporate $$ are the only way
this will ever stop but which of the 535 are going to kill the goose that laid and continues to lay golden eggs for them?
Printer Friendly | Permalink |  | Top
Frustratedlady Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Apr-07-11 11:20 AM
Response to Original message
2. Another example of why trickle down was a bad idea.
It allowed kooks like the Kochs to amass money and to use it to take more and more money from us. Some people can handle wealth, but, unfortunately, most can't.

Someone needs to wipe those sleazy grins from their mugs. Just seeing those photos make me ill.
Printer Friendly | Permalink |  | Top
DU AdBot (1000+ posts) Click to send private message to this author Click to view 
this author's profile Click to add 
this author to your buddy list Click to add 
this author to your Ignore list Mon Oct 16th 2017, 11:14 PM
Response to Original message
Advertisements [?]

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002
Software has been extensively modified by the DU administrators

Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC