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.
By Adele M. Stan
April 5, 2011
You knew they were big. You knew they were evil. From the union-busting actions of their minions in Wisconsin and Ohio to their war on health-care reform, to their assault on the environment and their attacks on the science of climatology, Charles and David Koch have earned their place as the focus of progressives’ scrutiny in the age of the Tea Party — the destructive and regressive movement they bankroll. But a new report from the Center for American Progress Action Fund shows that, as bad as you thought the Kochs were, they’re actually worse. And their reach into virtually every aspect of political, economic and physical life on the planet is probably greater than you thought possible.
In The Koch Brothers: What You Need to Know About the Financiers of the Radical Right, author Tony Carrk, policy director of the CAP Action War Room, lays out a case that is breathtaking in its scope, showing how the Koch brothers are using their billions with the aim of reshaping the global economic system in such a way as to enrich themselves and their heirs at the expense of most other inhabitants of the planet.
While much of the report will have a familiar ring (especially to readers of AlterNet, and CAP Action’s own ThinkProgress), The Koch Brothers also addresses elements of the Koch agenda far beyond the well-trodden turf of Americans for Prosperity’s organizing against health-care reform or the pollution rap against Koch Industries, the second-largest privately held corporation in the United States, which the billionaire brothers command.
The Kochs and the Global Economy
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: