Charles Koch: Why We're Against 'Crony Capitalism'
Koch brother stands up for his family's activism
By Kevin Spak, Newser User
Posted Mar 1, 2011 9:53 AM CST
Protesters demonstrate in front of the offices of Koch Industries in Madison, Wis., Thursday, Feb. 24, 2011.   (AP Photo/Andy Manis)

(Newser) – With the heat intensifying around him and his brother, conservative fundraiser/oil tycoon Charles Koch penned an op-ed piece today to explain himself. “For many years, I, my family, and our company have contributed to a variety of intellectual and political causes,” he writes in the Wall Street Journal. “Because of our activism, we’ve been vilified by various groups.” But because the deficit is so deeply important, Koch says they’ll keep “standing up for those politicians, like Wisconsin Gov. Scott Walker, who are taking these challenges seriously.”

Koch actually spends most of the piece decrying deficits, and crony capitalism. “Too many businesses have successfully lobbied for special favors and treatment,” like subsidies, mandates, and favorable regulations, he writes. But wait, doesn’t Koch Industries benefit from some of the $4 billion spent annually on oil subsidies? “Because every other company in a given industry is accepting market-distorting programs, Koch companies have had little option but to do so as well,” he allows. “However, even when such policies benefit us, we only support policies that enhance true economic freedom.”

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Grandpa_Timbo
Mar 1, 2011 11:25 PM CST
A one word comment is in order here: BULLSHIT!
truesoy
Mar 1, 2011 4:59 PM CST
Sir, I don't know if you'll read this. I doubt you will; but you are not being vilified because of your political activism. No sir, your are being vilified because of what you hope or want to get from it, and it is not for the preservation of the democratic institutions, rather it is to subvert them to serve yours and your family's interest and the interest of the likes of you and the corporations they controlled. However if anyone should share in the blame it should be the electorate that voted for candidates that have either been mislead as much as any voter, or for which the political position and/or the money attainable from you and others like you is more important than the legitimate purpose for holding public office. There is a reason we are not a 'company town'. It was tried at the onset of the colonies , and democracy did away with it. A company town is a town where the company has control of the person's employment that in turn is the source of his food and shelter. There are many example of company towns in the world today, and communism is a prime example. This is a system where the government and the company are one and the same, and everyone works for the 'company' (the government). Thus the company/government controls your paycheck, and by default it also controls your food and shelter. It is not a pretty picture. It has destroyed the economy and itself whenever it has been tried, with maybe the exception of China. However, the chinese people don't fare too well. Our only hope is for the electorate to wise up and elect the right people, that will enact the proper laws for things like this not to happen. So, again, you are not being vilified because of your activism. You are being vilified because of the how, and what you want to accomplish, and why!.
Jeebus
Mar 1, 2011 12:25 PM CST
This coming from the jerkoff who bought the Governor of Wisconsin