More reasons to love Koch Industries

Sep 01, 2010 20:00

http://www.observer.com/2010/slideshow/131739/eminent-domain"How did the Kochs manage to build up a pipeline network of this magnitude? By getting the government to use its tyrannical powers of eminent domain forcibly seize private property on Koch Industries' behalf ( Read more... )

Leave a comment

ninboydean September 2 2010, 01:17:38 UTC
"the U.S. Forestry Service subsidizes them to do it by forcing taxpayers to fund the construction of new logging roads that provide loggers with access to virgin growth-a nice welfare arrangement for the industry that costs taxpayers over $1 billion a year."

"For the past fifty years, through its Matador Cattle Company subsidiary, Koch Industries has been quietly milking a New Deal program that allows ranchers to use federal land basically for free. Matador, one of the ten biggest domestic cattle ranching operations, has something in the neighborhood of 300,000 acres of grazing land for its cows-two-thirds of which belong to American taxpayers, who will never see a penny of profit."

"In 1998, Koch Industries entered into a lucrative partnership with two state-owned companies-one Venezuelan, the other Italian-to open a massive $1 billion nitrogen-based fertilizer plant in Venezuela called Fertinitro."

"Before Fredrick Koch suddenly developed a pinko paranoia and helped start up the John Birch Society, he was making piles of cash laying the foundation of Soviet oil infrastructure in the 1920s and early 1930s. He designed and built refineries, hosted Soviet engineers for training in Wichita, Kansas, and made an invaluable contribution to the rapid industrialization of the Soviet Union during Joseph Stalin's first Five-Year Plan."

For all your complaints about redistribution of wealth and the like, you're the first to defend companies which involve themselves in the practices.

Oops! I was assuming for a second that you guys were more than just defenders of the ruling economic powers. Silly me!

Reply

ravidiedtonight September 2 2010, 06:43:06 UTC
Cool story bro.

Reply

You need to learn more before slinging accusations. montecristo September 11 2010, 17:51:34 UTC
Not all people who call themselves libertarians are Cato-ites. Using the Koch brothers to smear all libertarians is a dishonest attack.

Reply


Leave a comment

Up