Trump responded by having David Koch physically escorted off of his golf course (though there are differing accounts of the incident). Yet our advocacy for a free and open society is what truly sets us apart. In 2013, the Koch brothers were instrumental in creating the fiscal cliff crisis — but once they realized it had spawned into the equivalent of cocking a shoulder-fired nuke at the New York Stock Exchange they tried to back off. Top 10 Stocks Held By Koch Industries Inc. By Holdings Channel Staff, updated Sunday, December 6, 12:23 AM. [2]) is a Kansas-based privately held corporation led by brothers Charles Koch (1935–) and David Koch (1940–2019), heirs to the Fred Koch oil fortune. Their political contributions began to attract widespread attention from media outlets in 2008, when, through their family foundations, the brothers contributed to 34 political and policy organizations, three of which they founded, and several of which they directed. In 1970, he joined the family business: Koch Industries, the second-largest privately held company in the United States. The company is not really a single business, but rather a conglomerate of different … The evidence for the Kochs' liberal views—particularly on hot button issues like gay marriage, the War on Drugs, and abortion—is huge, consisting of...well, bylines, off-hand remarks made over forty years ago, and a comment at the 2012 Republican convention. Koch (and Soros) money has also gone to sentencing reform and drug policy reform groups. While George H. W. Bush had still supported research into global warming under the Global Change Research Act of 1990, acceptance of scientific evidence on climate change began to weaken due to the Koch family's influence. Click here to start a new topic. [34] Snyder signed it into law despite referendums telling him not to. Don't worry, Flint, the lead in your drinking water can't be above EPA limits if there is no EPA. It’s all a big misunderstanding, you see, this notion people have that the Koch brothers are a pair of big old culture war reactionaries! Fred Koch was a founding member of the John Birch Society. [No, not The Onion][37][38] They probably assumed that his "thin-skinned buffoon" shtick was an act, rather than the entirety of his personality, and that he would actually behave like a normal billionaire when among billionaires now that he's under presidential-level scrutiny. Flash forward a few months: David Koch, who lives on the Upper East Side, is trying to prevent his fellow New Yorkers from having running water or heat. Aside from dealing with socialist countries like Venezuela and profiting from the subsidies in the ethanol market, they also had landowners disowned in order to build a pipeline on their property. The Kochs also give money to charitable organizations, no doubt in an effort to have their names associated with less damaging enterprises. Follow Koch Industries. Koch Industries creates life’s basic necessities, while innovating ways to make them even better. Ask questions, get answers. Granted, he distanced himself from the deal after Joseph Stalin purged many of the engineers Koch's company had trained. Charles and David Koch built a political network of libertarian and conservative donors and the brothers funneled financial revenue into television and multi-media advertising. [27], According to a report by American University's Investigative Reporting Workshop, the Koch brothers have built "what may be the best funded, multifaceted, public policy, political and educational presence in the nation today. As an example of their influence, investigative journalist Jane Mayer noted House Speaker John Boehner's appeal to David Koch in 2011 when Boehner needed votes to prevent a government shutdown. Yet our advocacy for a free and open society is what truly sets us apart. It was founded as Wood River Oil and Refining Company in 1940, and later as … Four sons of Fred C. and Mary Robinson Koch: This page was last edited on 2 December 2020, at 22:05. The LIBRE Initiative, an organization that passes itself off as trying to empower the Hispanic community but in reality tries to get them to support anything that benefits the Kochs. Funds donated from the Koch Industries fortune are funneled through several money holes foundations, grouped as the Koch Family Foundations. Koch Industries is a private company that has annual revenues topping $110 billion. The Koch family (/koʊk/ KOHK) is an American family engaged in business, best known for their political activities (active role in opposing climate change legislation, donating to libertarian, criminal justice reform, and Republican Party causes) and their control of Koch Industries, the second-largest privately owned company in the United States (with 2017 revenues of $100 billion). More recently the Kochs have been putting their money into the campaign coffers of politicians of both major parties, mostly incumbents, but giving far more to Republicans than Democrats. [30] Despite attempting to dice up Obama's aid package like an onion while keeping it mired in the Senate, the bill eventually passed.[31]. The apparatus has grown so tumorous that it resembles a political party in unto itself.[39]. Fred's four sons litigatedagainst each other over their interest… The Kochs have also worked to push legislation aiming to adjust federal sentencing guidelines and reduce prison populations. of Veterans Affairs, Citizens for a Sound Economy (defunct, split into AFP and FreedomWorks), Sam Adams Alliance, which sponsored several. This is the talk page for discussing improvements to the Koch Industries article. Among both hard-core libertarians and progressives wary of the influence of Koch money though, their network of organizations and funding has earned them a nickname, the "Kochtopus," and a watchdog group has called Koch Industries "the Standard Oil of our times."[29]. Michigan Governor Rick Snyder has devoted his term to "Americans For Prosperity": a Koch-authored, union-killing right-to-work law (even though he promised he wouldn’t)[33], slashing corporate taxes, instituting a budget-crippling flat tax, defunding public education, and the appointment of rule-by-decree ”Emergency Managers” (EM) for major cities. It is also true that the Kochs joined with George Soros to donate to the American Civil Liberties Union to help them fight the PATRIOT Act after 9/11. [20], "Americans for Prosperity", founded by David Koch, has been reported by Kenneth P. Vogel of Politico to be one of the main nonprofit groups assisting the Tea Party movement; but in 2010, Koch spokeswoman Melissa Cohlmia distanced the Kochs from the tea parties and FreedomWorks saying that "no funding has been provided by Koch companies, the Koch foundations, Charles Koch or David Koch specifically to support the tea parties. A $100 million "donation" in 2008 for the renovation of the New York State Theater at the Lincoln Center for the Performing Arts in. Koch Industries, Inc. operates as a diversified holding company. Koch Industries, Inc. / k oʊ k / là một tập đoàn đa quốc gia của Mỹ có trụ sở tại Wichita, Kansas.Các công ty con của tập đoàn tham gia vào việc sản xuất, tinh chế và phân phối xăng dầu, hóa chất, năng lượng, sợi, chất trung gian và polyme, khoáng sản, phân … While they continue to fund some libertarian think tanks, they now fund wingnuts and have been a source of recurring controversy around their backing of global warming denialists and the Tea Party movement. [29] While one major Teabagger group, FreedomWorks, had its origins in a 2004 split between conservative and libertarian factions in the Koch-founded group "Citizens for a Sound Economy," the Kochs do not have any relation now to FreedomWorks and haven't for years. Nonetheless, this hasn't stopped them from dumping large amounts of cash into the political campaigns of many Republicans and conservative Democrats alike who may not share their libertarian views on most things. Having failed to unseat Barack Obama in the 2012 election, the Koch political machine has trained its crosshairs on a less sophisticated target: Hurricane Sandy victims. [4], By 2019, Charles G. Koch and the late David H. Koch, commonly referred to as the Koch brothers, were the only ones of Fred Koch's four sons still with Koch Industries. [25], The Koch family funding apparatus has been funding conservative and libertarian groups through think tanks for over forty years. The Trumps and Mercers are strictly amateur hour compared to what the brothers Koch have been up to. And so we see this is a very big part of, Why the Evil Koch Bros. Must be Stopped: They Support Drug Legalization, Gay Marriage, Reduced Defense Spending, "The Koch brothers’ grand plan to liberate the poor", "Charles Koch’s disturbing high school economics project teaches ‘sacrificing lives for profits’", "The Koch Brothers Paradox: Dark Money, SuperPACs, And The Forbes 400", "Inside the Koch Brothers’ Secret Billionaire Summit", "Father of Koch Brothers Helped Build Nazi Oil Refinery, Book Says", "The Koch Brothers’ Fake Libertarianism: War, Forced Pregnancies, and Homophobia", "Koch brothers and big utilities campaign to unplug solar power", "Koch Industries: Behind the Fight to Gut the EPA", "How Two Billionaires are Destroying High-Speed Rail in America", "Billionaire Koch Brother Says Eliminating The Minimum Wage Will Help The Poor", "The Koch brothers' campaign to kill social security", "No, the Koch Brothers Aren't Socially Liberal", "New Filings Show Koch Brothers Give Millions To Anti-Gay, Anti-Choice Groups", "Who Is More of a Hypocrite on Gay Rights, Koch Brothers or Famed 'Gay Marriage Attorney' Ted Olson? People or organizations supposedly or actually being bankrolled by Koch Industries are called by the endearing nickname Kochsucker, hinting at the deliberate mis-pronunciation mentioned at the top of this article. [14] They have since organized a network of an estimated 500 libertarian and conservative donors,[15] candidates, think tanks, and other groups. Koch Industries Origem: Wikipédia, a enciclopédia livre. Organized by the Cato Institute, the meeting shifted the position of the Republican Party on climate change. "[12] In addition to the direct action of the non-profits, the groups have also contributed financially to other philanthropic organizations in the fields of research, public well-being, arts, and education, including contributions to scholarship programs, university support, and loan assistance through organizations like the United Negro College Fund. [29][28] Anthropogenic climate change skeptic Willie Soon received more than $500,000 from the Charles G. Koch Charitable Foundation and a trust used by the Kochs. Their father's Bircher bent is particularly amusing when you consider that he made a considerable amount of money setting up the Soviet Union's petroleum refining industry between 1929 and 1932. Follow Koch Industries. [16], The Koch brothers indicated that they intended to raise almost $880 million in support of candidates in the 2016 elections,[17] and have given more than $100 million[18] to conservative and libertarian policy and advocacy groups in the United States,[19] including the Heritage Foundation and the Cato Institute, and more recently Americans for Prosperity. Koch Industries is also one of the biggest corporate welfare queens in the entire US, if not the entire world. Or, as the one-time New York City mayor who was once mistaken for being one of them pronounced it, Kotch. Koch Industries, Inc. (/ ˈ k oʊ k /) is an American multinational corporation based in Wichita, Kansas. ; New to Wikipedia? Koch Industries is a fossil fuel burning group that does what most companies in Big business do: maximize profit at all costs to society. ; Please sign and date your posts by typing four tildes ( ~~~~). [6], The Koch family foundations are a related group of non-profit organizations that began with the establishment of the Fred and Mary Koch Foundation in 1953, and now includes the Charles Koch Foundation, the David H. Koch Charitable Foundation and the Koch Cultural Trust. In July 1976, the name was changed to the Cato Institute. Koch Industries este o companie diversificată din Statele Unite, cu operațiuni în industria chimică și investiții. A diverse set of businesses and industries across the world, we work together to keep improving and exploring new ways to make life even better. Unions Can, and Should", "Koch Brothers a force in anti-union effort", "The Kochs are known for destroying the environment, but their civil rights record isn't so great either", "The John Birch Society’s Anti-Civil Rights Campaign of the 1960s, and Its Relevance Today", David Koch Now Taking Aim at Hurricane Sandy Victims, Hurricane Sandy Bill Passes Without Government Spending Cuts, The Kochs Can't Control the Monster They Created, "Rick Snyder Didn't Want to Sign Right-to-Work Legislation Until He Signed It", "Documents show Flint filed false reports about testing for lead in water", "Donald Trump beat Hillary Clinton in majority of Genesee County communities", "Koch Brothers’ Budget of $889 Million for 2016 Is on Par With Both Parties’ Spending", Trump kicks biographer off his golf course, Kochs Brothers Left a Confidential Memo at Their Last Donor Conference, How US billionaires are fuelling the hard-right cause in Britain, The Libre Initiative: A Koch-Funded Group Being Passed Off As Empowering Hispanics, "Koch-funded think tank offers schools course in libertarianism", 7 Ways the Koch Bros. The Mercers only appeared on the scene in the last few years and are trying to establish their name by throwing money around. [3] As for the Koch brothers’ vaunted philanthropy, most of it seems to be aimed at indoctrination rather than anything particularly helpful. English: Koch Industries, Inc. is an American multinational corporation based in Wichita, Kansas, United States, with subsidiaries involved in manufacturing, trading, and investments. [35], The Koch bros. donor network PAC spent almost a billion dollars over the 2016 election cycle to buy and influence the outcome at all levels of government.[36]. David Koch was responsible for founding Americans for Prosperity, a Teabagger astroturf group. ", "Anatomy of the War on Women: How the Koch Brothers Are Funding the Anti-Choice Agenda", "The Koch Brothers' 3-Step Plan to Conquer the Next Generation", "Who Can Stop the Koch Brothers From Buying the Tribune Papers? It was founded as the Charles Koch Foundation in 1974 by Ed Crane, Murray Rothbard, and Charles Koch, chairman of the board and chief executive officer of the conglomerate Koch Industries. The Cato Institute is an American libertarian think tank headquartered in Washington, D.C. His paternal grandfather, Harry Koch , was a Dutch immigrant , who founded the Quanah Tribune-Chief newspaper and was a founding shareholder of Quanah, Acme and Pacific Railway . Koch Industries (nebo její dceřiné společnosti) se dostala do povědomí i v souvislosti s milionovými pokutami, které opakovaně musela platit za poÅ¡kozování životního prostředí. Welcome! [44] Despite their libertarian front, the Koch brothers are pretty much what Ayn Rand had in mind when she talked about looters. [26] In 2015, the Kochs worked with the American Civil Liberties Union on criminal justice reform, specifically in the realm of civil asset forfeiture. Following the money paints a different picture. Or "Coach". The Koch family is an American family engaged in business, best known for their political activities (donating to libertarian, criminal justice reform, and Republican Party causes) and their control of Koch Industries, the second-largest privately owned company in the United States (with 2017 revenues of $100 billion). Koch In­dus­tries, Inc. / koʊk / is an Amer­i­can multi­na­tional cor­po­ra­tion based in Wi­chita, Kansas. The Kochs love fascism because it solidifies their position on top of the pile and gives moral cover in doing so,[9] which is why Damien Frederick literally had fascist nannies who monitored his bowel movements[10]—it keeps the massive entitlement complex going. (FreedomWorks was the conservative side of that split, merged with "Empower America" — a group founded by neocons like William Bennett, Jeane Kirkpatrick, and Jack Kemp — and is now led by Dick Armey). In the upheaval of the seventies, his sons converted to libertarianism and created some of the first libertarian think tanks, most notably the Cato Institute. "[21] According to the Koch Family Foundations and Philanthropy website, "the foundations and the individual giving of Koch family members" have financially supported organizations "fostering entrepreneurship, education, human services, at-risk youth, arts and culture, and medical research. Both of these tend to be ignored by Koch critics who portray the Koch network as a GOP adjunct, as opposed to what they really are: libertarians. The Kochs were also major funders of the Libertarian Party from 1976 to 1983, but they withdrew their funding after 1983 to focus on trying to spread libertarian ideas through major party politics and Beltway think tanks like Cato. They opposed George W. Bush on many issues, are pro-choice, support same sex marriage, and worked closely with the Obama White House for the Obama administration's criminal justice reform initiatives that aligned with their own. Here are some of the ways Koch is helping fight COVID-19. "[28] Opposition to the government spending any money on climate change is among this network's activities. The Kochs didn't get behind Donald Trump, and even rejected some of his entreaties. [4][5], If you're wondering where all that "dark money"[6] goes, don't sweat it; all you need is an invite to one of their top-secret billionaire retreats.[7]. David Hamilton Koch (/ koʊk /; May 3, 1940 – August 23, 2019) was an American businessman, philanthropist, political activist, and chemical engineer. [1] The family business was started by Fred C. Koch, who developed a new cracking method for the refinement of heavy crude oil into gasoline. Koch Industries, Inc. / koʊk / adalah perusahaan multinasional Amerika Serikat yang berpusat di Wichita, Kansas. The Kochtopus is known to include the following organizations and (un)think tanks. [32] Pro-business, indeed. "[22], Former Republican congressman Joe Scarborough, co-host of MSNBC's Morning Joe, has pointed out that the Koch brothers have supported more than just what are generally considered conservative causes. Benefit from Corporate Welfare, https://rationalwiki.org/w/index.php?title=Koch_Industries&oldid=2233295, Elimination of the Dept. These include: The Koch brothers are staunch advocates of libertarianism and meritocracy, quintessential examples of "born on third base and think they hit a triple". The Cato Institute, which Charles Koch helped create in 1974, is consistently ranked as among the top 25 U.S. think tanks overall in terms of influence on public policy in the United States. Koch Industries is a group of companies engaged in a variety of industries such as pulp and paper, petroleum, chemicals and fertilizers, fibers, intermediates and polymers, and trading in minerals, energy, and other commodities, as well as securities and financial instruments. Koch Industries (pronounced "coke," not "cock!" the one-time New York City mayor who was once mistaken for being one of them, “So the big danger of minimum wage isn’t the fact that some people are being paid more...We’re taking these 500,000 people that would’ve had a job, and putting them unemployed, making dependence part of government programs, and destroying their opportunity for earned success. The Kochs on the other hand have been at work for decades building up the machinery the Republicans have been using to fight and win at every level. [31] In fact, the Koch brothers were involved in the first known gathering of climate change skeptics in 1991. [13], Charles and David Koch have been active in American politics since at least 1980, when David Koch was the Libertarian Party's vice-presidential nominee. Transportation. This page was last modified on 6 October 2020, at 20:12. Based in Wichita, Kansas, Koch Industries is the second largest private company in America. Transportation. Koch denied involvement but video later leaked of him at Teabagger parties. This Slide: #1 of 1: Next slideshow: Dividend Channel Top 25 S.A.F.E. [32], Political activities of the Koch brothers, H.R.1 – An Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018, Dark Money: The Hidden History of the Billionaires Behind the Rise of the Radical Right, David H. Koch Institute for Integrative Cancer Research, "Forbes America's Largest Private Companies", "Koch vs. Koch: The Brutal Battle That Tore Apart America's Most Powerful Family", "Why there's no Democratic version of the Koch brothers organization", "Koch Family Foundations and Philanthropy", "Koch brothers donate $25 million to United Negro College Fund", "Covert Operations: The billionaire brothers who are waging a war against Obama", "Father of Koch Brothers Helped Build Nazi Oil Refinery, Book Says", "Koch Brothers' Budget of $889 Million for 2016 Is on Par With Both Parties' Spending", "Secretive Republican Donors Are Planning Ahead", Charles Koch, in interview with Stephen Moore, "Koch Family Foundations and Philanthropy - Foundations", "Charles Koch sits down with Joe Scarborough and Mika Brzezinski to discuss opposing George W. Bush, what motivates him politically, the 2016 GOP field and money in politics", "Obama, Koch Brothers in Unlikely Alliance to Overhaul Criminal Justice", "Koch brothers' network boosts spending for midterm cycle, including $20 million to sell GOP tax law", "Rightward, Ho! This is not a forum for general discussion of the article's subject. Koch Industries, Inc. é uma empresa privada de conglomerados dos Estados Unidos, com sede em Wichita, Condado de Sedgwick no estado do Kansas, com subsidiárias de fabricação, comércio e investimentos. Flint was being governed by an Emergency Financial Manager (EFM) when the water crisis hit. [2][3] Fred's four sons litigated against each other over their interests in the business during the 1980s and 1990s. Aside from dealing with socialist countries like Venezuela and profiting from the subsidies in the ethanol market, they also had landowners … A Koch Industries executive was prevented from leaving the immediate vicinity of his hotel in southern China in early June, The New York Times reported Thursday, citing three sources. [11] You gotta love how the Koch Klan always points to "criminal justice reform" and licensing[12] as if these are their pet issues, and not a distraction to draw attention away from what they really lobby for: They are Birchers, their agenda is plain as day, yet they put out these puff pieces to obfuscate what their goals are. The family business was started by Fred C. Koch, who developed a new cracking method for the refinement of heavy crude oil into gasoline. Koch is the son of Mary Clementine (née Robinson) and Fred C. Koch, founder of Koch Industries, a business empire based on oil refining. Charles Koch Charitable Foundation, which has given more than $14 million in grants to universities. Koch Industries, our companies, and our communities are standing together to help create certainty in these uncertain times. [23][24], In early 2018, political advocacy groups linked to the Koch family pledged to spend $400 million on the 2018 midterm elections, including $20 million to promote the H.R.1 – An Act to provide for reconciliation pursuant to titles II and V of the concurrent resolution on the budget for fiscal year 2018 to skeptical voters. Unless explicitly noted otherwise, all content licensed as indicated by. Previously, Koch's group gave away free gasoline during the election in a last-second pro-Romney stunt. The organizations collectively have a stated goal of "advancing liberty and freedom" through the support of various causes which "further social progress and sustainable growth in prosperity. 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