Rolling Stone calls Koch Bros. “Toxic Empire”
How did the Koch Bros. make all that money? They are very secretive about what they do, with each brother Charles and David, worth about $40 billion. Their “GOP, Koch-affiliated organizations raised some $400 million during the 2012 election, and aim to spend another $290 million to elect Republicans in this year’s midterms.” But where does all that money come from? With some background Rolling Stone reports…
- “Under the nearly five-decade reign of CEO Charles Koch, the company has paid out record civil and criminal environmental penalties. And in 1999, a jury handed down to Koch’s pipeline company what was then the largest wrongful-death judgment of its type in U.S. history, resulting from the explosion of a defective pipeline that incinerated a pair of Texas teenagers.” (The latter covered above.)
- “The volume of Koch Industries’ toxic output is staggering. For Koch, this license to pollute amounts to a perverse, hidden subsidy. The cost is borne by communities in cities like Port Arthur, Texas, where a Koch-owned facility produces as much as 2 billion pounds of petrochemicals every year. In March, Koch signed a consent decree with the Department of Justice requiring it to spend more than $40 million to bring this plant into compliance with the Clean Air Act.”
Where does Koch money come from?
These scummy brothers are picking the pockets of the American public, putting it in their bank accounts and with the rest they are on a crusade to buy the U.S. government. The Kochs talk only one “…financial figure: $115 billion in annual revenue, as estimated by Forbes.” But, as Rolling Stone comments…
- “What is less clear is where all that money comes from.”
Because they are privately held, the Koch Bros. refuse to disclose any additional information about the company. That is, of Course, their prerogative, but this, mixed with all the other secrecy surrounding Koch Industries and Charles and David Koch, just leads one to wonder what is really going on. Particularly in the Koch’s political dealings. To what degree we can see inside the Koch empire, it is devastating to the U.S. environment…
- “The volume of Koch Industries’ toxic output is staggering. According to the University of Massachusetts Amherst’s Political Economy Research Institute, only three companies rank among the top 30 polluters of America’s air, water and climate: ExxonMobil, American Electric Power and Koch Industries. Thanks in part to its 2005 purchase of paper-mill giant Georgia-Pacific, Koch Industries dumps more pollutants into the nation’s waterways than General Electric and International Paper combined. The company ranks 13th in the nation for toxic air pollution. Koch’s climate pollution, meanwhile, outpaces oil giants including Valero, Chevron and Shell. Across its businesses, Koch generates 24 million metric tons of greenhouse gases a year.”
Daniel Schulman’s book chronicles Koch Bros. duplicity
If you want excellent documentation of how these miserable human beings have used and poisoned this country and its resources to line their pockets and buy their way through American politics, I suggest you read: “Sons of Wichita: How the Koch Brothers Became America’s Most Powerful and Private Dynasty,” by Daniel Schulman. It is excellent and available on Amazon. You’ll find a vivid description of the Danielle Smalley & Jason Stone kids who were burned alive by a defective Koch pipeline. Everything dates back to Charles Koch’s father, Fred C. Koch, who ran the company until his son took over in 1967. Under him the family was spawned…
- “Frederick arrived in 1933, followed by Charles in 1935 and twins David and Bill in 1940.” From Schulman’s book I learned how Frederick immediately disowned the business as well as the family on his father’s death, and Bill fought with Charles and David over the years over their illegal and unethical practices. It was a family constantly in discord, leaving their mother squarely in the middle while in dwindling health.
I urge you to read both the Rolling Stone article and Daniel Schulman’s book, because this post has touched only on the highlights of what the Koch Bros. are capable of. Their dirty dealings will probably go down as one of, if not the worst, travesty of justice the United States has ever known.
Tomorrow, a laundry list from Bernie Sanders of just what the Koch Bros. want.