What is the worth of Koch brothers' monies when used to unmake President Barack Obama: A commentary

What is the worth of Koch brothers' monies when used to unmake President Barack Obama: A commentary

Washington : DC : USA | Apr 19, 2012 at 9:27 AM PDT
Views: Pending

What is the worth of Koch brothers’ monies when used to unmake President Barack Obama: A commentary



Anchor for Allvoices

Republic of the Philippines

The Koch brothers refer to David H. Koch, 71 and Charles G. Koch, 76. They are the owners of Koch Industries, a conglomerate that is the second-largest privately held company in the U.S (Wikipedia}.

David Hamilton Koch born on May 03, 1940, is a chemical engineer, businessman, philanthropist and political activist. He is a co-owner (with older brother Charles} and an executive vice president of Koch industries. He is a major patron of the arts. He is a funder of conservative and libertarian political causes. Also, he funds groups associated with the American Tea party movement. He is a contributor to charities like Lincoln Center, Sloan Kettering, a fertility clinic at New York-Presbyterian hospital and the American Museum of Natural History’s David H. Koch Dinosaur Wing. The New York State Theater at Lincoln Center, a home of the New York City Opera and New York City Ballet was renamed the David H. Koch Theater in 2008 following a gift of 100 million dollars for the renovation of the theater. Condé Nast Portfolio described him as "one of the most generous but low-key philanthropists in America" as quoted from Wikipedia. He is the second-richest resident of New York City as of 2010 (Wikipedia}.

Charles de Ganahl Koch, born November 1, 1935 is co-owner, chairman of the board and chief executive officer of Koch Industries as quoted from Wikipedia, “the second-largest privately held company by revenue in the United States according to a 2010 Forbes survey.[5] He was ranked 18th on Forbes World's Billionaires list of 2011 (and 4th on the Forbes 400), with an estimated net worth of $25 billion, deriving from his 42% stake in Koch Industries.[3] His brother David H. Koch, also owns 42% of Koch Industries, and serves as Executive Vice President. The brothers inherited the business from their father, Fred C. Koch, and have since expanded the business to 2,600 times its inherited size. Originally involved exclusively in oil refining and chemicals, Koch Industries has expanded to include process and pollution control equipment and technologies, polymers and fibers, minerals, fertilizers, commodity trading and services, forest and consumer products, and ranching, producing a wide variety of well-known brands, such as Stainmaster carpet, Lycra fiber, Quilted Northern tissue and Dixie paper products.”

Furthermore from Wikipedia, “Koch provides financial support for a number of public policy and charitable organizations, including the Institute for Humane Studies and the Mercatus Center at George Mason University. He co-founded the Washington, DC-based Cato Institute. Through the Koch Cultural Trust, founded by Charles Koch's wife, Elizabeth, the Koch family has also funded artistic projects and creative artists. In 2007, Koch's book The Science of Success was published. The book describes his management philosophy, which is referred to as "Market-Based Management."

Yes, the Koch brothers are super extraordinary successful American businessmen. They have amassed tremendous wealth. Both wield so much power and influence in American Society. The brothers are forces to reckon with that can effect so much change in the conservative and libertarian political landscape. They are power brokers. They can make or unmake a president.

On August 30, 2010, Jane Mayer in her article - The billionaire brothers who are waging a war against Obama said, “In Washington, Koch is best known as part of a family that has repeatedly funded stealth attacks on the federal government, and on the Obama Administration in particular.”

The Koch brothers have been known for their abuses and excesses. Mayer further reported as she quoted Charles Lewis, “The Kochs are on a whole different level. There’s no one else who has spent this much money. The sheer dimension of it is what sets them apart. They have a pattern of lawbreaking, political manipulation, and obfuscation. I’ve been in Washington since Watergate, and I’ve never seen anything like it. They are the Standard Oil of our times.”

The anti Obama tirades of the brothers are fiercely strong that they want to unmake the first African-American president. In same article, Mayer mentioned that David Koch founded the Americans for Prosperity Foundation in 2004. The organization called for a summit known as “Texas Defending the American Dream” at a chilly hotel ballroom in Austin.

Speaking about that gathering Mayer said, “Though Koch freely promotes his philanthropic ventures, he did not attend the summit, and his name was not in evidence. And on this occasion the audience was roused not by a dance performance but by a series of speakers denouncing President Barack Obama. Peggy Venable, the organizer of the summit, warned that Administration officials “have a socialist vision for this country.”

Furthermore, “Five hundred people attended the summit, which served, in part, as a training session for Tea Party activists in Texas. An advertisement cast the event as a populist uprising against vested corporate power. “Today, the voices of average Americans are being drowned out by lobbyists and special interests,” it said. “But you can do something about it.” The pitch made no mention of its corporate funders. The White House has expressed frustration that such sponsors have largely eluded public notice. David Axelrod, Obama’s senior adviser, said, “What they don’t say is that, in part, this is a grassroots bunch of oil billionaires” Mayer finally said.

In view of the foregoing discussions, it is clearly evident that the Koch brothers have used and continue to use their monies and wealth to overturn and unmake a U.S. president like Obama. They simply attack and possibly destroy Obama in order to protect their personal and business interests. They attack anyone in the White House whom they consider as someone who steps on their toes.

It is true the brothers used their monies for charities helping other people as much as they used their monies to subvert the will of the people represented by a sitting president like Obama. Indeed, it is a worthless used of monies to stifle the priorities to promote the common good of the American people. It is satanic use of monies to promote demonizing designs.

1 of 2
powerful Americans
David H. Koch
dhreff is based in Olongapo, Central Luzon, Philippines, and is an Anchor on Allvoices.
Report Credibility
  • Clear
  • Share:
  • Share
  • Clear
  • Clear
  • Clear
  • Clear

News Stories

  • William Koch gives another $1 million to pro-Romney 'super PAC'

      Los Angeles Times
    Billionaire energy businessman William Koch, whose brothers finance an array of conservative political causes, directed another $1 million into a "super PAC" backing GOP presidential candidate Mitt Romney , according to new campaign finance records...
  • Unions Finally Make a Showing On Super PAC Stage

    Very wealthy individuals, the vast majority of them conservatives, have been by far the dominant donors to super PACs thus far in 2011-2012, and the March reports don't change that. Of the $186.5 million donated to super PACs, $141.9 million of that -...
  • Chinese-American Appreciates Shen Yun

      Epoch Times
    Shen Yun Performing Arts brought 5,000 years of Chinese civilization to the stage at New York City's Lincoln Center on April 19. In the second of a series of seven shows, Thursday's performance lightened the heart of a Chinese-American who said the...
  • Obama enjoys 10-1 financial edge over Romney

      News Press
    President Barack Obama's re-election effort enjoyed a 10-to-1 financial edge over Republican rival Mitt Romney last month, out-raising the former Massachusetts governor by millions as Obama stuffed more than $104 million into his campaign war chest.
  • Bank President Says Shen Yun ‘So Talented'

      Epoch Times
    Shen Yun Performing Arts impressed those who saw it at Lincoln Center's David H. Koch Theater on Saturday I'm so glad I came, said Ellen DeMaio, retired vice president and branch manager for the Bank of New York...It's just a shame that it's closing...
  • Shen Yun is ‘Magical,' Says Art Student

      Epoch Times
    Trillet Robinson attended the Friday night, April 20, performance of Shen Yun Performing Arts at Lincoln Center's David H...Based in New York, Shen Yun Performing Arts is the world's premier classical Chinese dance and music company, with a mission...





More From Allvoices

Related People

Report Your News Got a similar story?
Add it to the network!

Or add related content to this report

Most Commented Reports

Use of this site is governed by our Terms of Use Agreement and Privacy Policy.

© Allvoices, Inc. 2008-2014. All rights reserved. Powered by PulsePoint.