Tag Archives: Koch Brothers

Climate-Denying Koch Brothers Help Buy Time Magazine

by Andy Rowell, Common Dreams, 11/27/17

Which includes a reminder: You don’t invest $650 million for nothing.

Last night, the media company, Meredith, announced it was buying Time magazine for an estimated $2.8 billion.

Meredith Corporation Chairman and CEO, Stephen Lacy, said: “We are creating a premier media company serving nearly 200 million American consumers across industry-leading digital, television, print, video, mobile, and social platforms positioned for growth.”

Buried deep in the press release was where a significant proportion of this money was coming from: “Meredith has also secured $650 million in preferred equity commitment from Koch Equity Development (KED).”

And here is where the alarm bells should start ringing. The KED fund is run by the Koch Brothers, some of the biggest funders of groups promoting climate denial and libertarian causes for the last two decades….

continue reading at Common Dreams

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Koch Products & Companies from Boycott Koch Brothers

from Boycott Koch Brothers [these are the most recognizable consumer brands in the Koch repertoire]

Koch Products & Companies Include:

– Angel Soft
– Angel Soft Ultra
– Brawny paper towels
– Dixie cups (& napkins & plates)
– Insulair cups
– Perfect Touch cups, paper products
– Quilted Northern
– Sparkle paper towels
– Stainmaster
– Vanity Fair napkins & paper towels
– Mardis Gras napkins
– Zee Napkins
– Georgia Pacific products

Home/Office papers:
– Advantage
– Image Plus
– Spectrum

Other:
– American Greetings
(Kochs own minority
share)
– Guardian Glass
(Kochs own 44%)
– Stainmaster
– Lycra
– Teflon

Building supplies:
– Georgia Pacific

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Five Myths About the Koch Brothers — And Why It Matters To Set Them Straight

By Alexander Hertel-Fernandez and Theda Skocpol, Bill Moyers & Company, March 10, 2016

Democratic reformers need to know exactly what they are up against — now and likely for years to come.

Not long ago, many Americans, including Washington, DC, insiders, had never heard of Charles and David Koch — now known as “the Koch brothers” — and were not aware of their vast political operation. That changed after a slew of investigative reports started to appear in 2010 — most famously Jane Mayer’s “Covert Operations” in The New Yorker that June, one of several pieces that have led to her recent book, Dark Money.

One after another, meaty reports from journalists and public interest groups revealed how the two multibillionaire brothers, industrialists Charles and David Koch, were conducting an all-out offensive against President Barack Obama and congressional Democrats, deploying huge sums of secret money to block Obama initiatives like cap and trade and health reform and setting the stage for electing Republicans in 2010 and 2012. The Kochs were convening twice-yearly conclaves of super-wealthy conservative donors to fund a web of efforts aimed at winning what Charles Koch dubbed “the mother of all wars” against liberalism and its latest champion, President Obama.

Since 2010, Democrats have tried to demonize the humongous political spending orchestrated by Charles and David Koch, even as journalists and some scholars have learned a lot more about their network. By now, the politically active Koch brothers are highly visible, no longer obscure actors in US politics. Charles sits for media interviews and pens op-eds, and journalists and bloggers regularly report on the latest Koch fundraising goals and election maneuvers after attending parts of the network’s meetings.

But even as much more information flows, myths about the Koch network persist. …

keep reading at Bill Moyers & Company

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New Koch

By Jane Mayer, The New Yorker, 1/25/16

The billionaire brothers are championing criminal-justice reform. Has their formula changed?

On the night of November 2nd, well-dressed Wichita residents formed a line that snaked through the lobby of the city’s convention center. They all held tickets to the Wichita Metro Chamber of Commerce’s annual gala, which had drawn thirty-five hundred people. The evening’s featured speaker, Charles Koch, had lived in town almost all of his eighty years, but few locals—even prominent ones—had ever laid eyes on him. Charles, along with his brother David, owns virtually all of the energy-and-chemical conglomerate Koch Industries, which is based in Wichita and has annual revenues of a hundred and fifteen billion dollars. Charles’s secretive manner, right-wing views, and concerted campaign to exert political influence by spending his fortune have made him an object of fascination, especially in his home town. “You never see him,” one local newsman whispered. “He hates publicity.” He paused. “Please don’t quote me on that!”

It was therefore a surprise when Koch made it clear to the gala’s planners, last fall, that he wanted to headline the event….

continue reading at The New Yorker

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