Community | August 21, 2011 | 27 comments

Koch to Buffett: ‘My Business And Non-Profit Investments is More Beneficial to Society’

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Buckeye_Bill
Lee Fang
Think Progress / News AnalysisPublished: Sunday 21 August 2011

“Charles Koch, head of the massive petrochemical, manufacturing, and commodity speculating Koch Industries corporation, has responded to Warren’s call for shared sacrifice: ‘No Thanks.’”

News Analysis: “According to Forbes, the Koch brothers have seen their wealth rise $11 billion in recent years, making the Koch brother among the richest in the country by being worth around $22.5 billion each. Much of those profits, however, are due to soaring gas prices and the fact Koch Industries has avoided compensating the public for hundred million tons of carbon pollution the company produces each year. Other Koch companies also receive significant taxpayer subsidies, despite Koch’s supposed opposition to government spending. This company is among the country’s top sources of carcinogenic chemicals and air pollutants. America has been good to Charles Koch, providing an environment where his family has made billions. But Koch doesn’t want to give back, especially through more taxation.”

(You may read the complete story @ http://www.nationofchange.org/koch-responds-buffet-my-business-and-non-profit-in...)


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27 comments // Koch to Buffett: ‘My Business And Non-Profit Investments is More Beneficial to Society’

  • Buckeye_Bill
  • VoyagerFilms
    • +1
      VoyagerFilms  
    • Patterson to Koch: This is your last stand. Your arrogance is both ignorant and ugly. Welcome to the end of your greed. Thank you for accelerating it's demise.

    • 9 months ago
  • letsliveinpeace
  • warman1138
  • warman1138
  • warman1138
  • Richard_Wyatt
  • Mark701
    • +2
      Mark701  
    • What people like the Koch's believe is they are not required to support the country that supports them. You know, like someone who makes 200K a year, lives at home and refuses to help his parents out with bills. It's no more complicated than that. What I'm wondering is how long it will be before Americans and the rest of the world realize that we can do better without these kind of people than with them.

    • 9 months ago
  • WagonMaster
    • +3
      WagonMaster  
    • Amazing what a lot of money and a John Birch mentality can buy you in a free sociey. These two dangerous twits need to have a severe ass-kicking.

    • 9 months ago
  • percipi224
    • +2
      percipi224  
    • these arrogant basterds, arg bastards! I can't spell I am sooo insenced, AH INSENSED. These people give new meaning to a camel can fit through an eye of a needle rather than a rich man get into heaven. I wish there were a heaven so I could rest easy knowing none of us will have to deal with them. These cretins (YES, spelled it right!) would tell god they could do a better job forgiving sins and deciding who gets into heaven, and would buy the angels and then advertise their benificence. (sp?) benifisence, benificense. damn anglish langij.

    • 9 months ago
  • Buckeye_Bill
  • suckatash
    • +2
      suckatash  
    • percipi224:

      Sometimes I wonder if some of the people who claim to be Christian and claim this is a "Christian Nation" have ever actually spent some time reading the words of the person they claim to belve in and follow: When Jesus said that about the rich man, he wasn't critizing the man for being rich or having worldly goods, but that his attachment to those goods not only over their love of God, but also their love for their fellow man prevented him from finding God. For Jesus also taught that how we show our love for God is reflected in how we treat each other. To paraphrase: "When I was hungry, you fed me; when I was naked, you clothed me; when I was sick, you cared for me ... Whatever you have done for the least of your brethren, you have done it unto me." Now, if one believes that we should live our lives on AND believes this country was, indeed, built on these principles then I submit that in a Christian nation, their would be no hunger - did Jesus not feed the multitude with loaves and fishes meant for his own group, but knew it was important for the people to hear and learn? There would be no homeless. There would be no weapons for war. The rich would most certainly pay their share, and, yes maybe more for (again paraphrasing) "where much is given, much is expected."
      I could go down the whole Sermon on the Mount and demonstrate the painful dissonance of those who spout convenient doctrine to support their angry, cold-worldview while claiming fealty to one of the most warm, gentle, caring philosophies prevailent in today's western society - but that would take a while. Then there is the possibility of an entire treastise on the Life of Jesus translates into day-to-day real life; somehow I don't think Jesus thought his life and death was meant to be a rhetorical or theorectical excerise; it was meant to be an example of how to live one's live to the highest level and while it is not expected that his followers would do it to his extreme, one would at least think that they would TRY! (taking breath now - gods, I hope that makes sense because I don't want to try to read it over and edit it.)
      (I speak only of Jesus' life and teachings - not Paul, not any of the others who interpreted it later, just what Jesus is purported to have said and done. And, full disclosure - I have not been a Christian for many years, but I do still recall the teachings. Jesus, I was cool with - it was his family that drove me crazy! Apparently, still is. HAH!)

    • 9 months ago
  • suckatash
    • +3
      suckatash  
    • The quality of the kool-aid one must be able to drink when you are THAT rich must leave one with an incredibly delicious heady, albeit addicitve, arrogance. They honestly believe that giving to their cherry-picked, guaranteed-to-be-pro-them, self-serving "non-profits" (which we've seen via Romney can come and go on a whim), opposing medicare-for-all, unions, doing more to create jobs in other countries (lower wages and no benefits or worker protections), parking their money in whatever tax haven they've found, paying lawyers and accountants to exploit every pausible loophole, paying less percentage-wise than their housekeepers RATHER than paying into the common fund for the common good (and not controlled by them, per se) - it just exasperates me.

      AND the people SUPPORTING this kind of position, generally don't benefit
      by "coddling" the super-rich/corporations, CLAIM to support the Constitution. Have they read the Declaration of Independence or the Constitution? Did they skip that part where "All men are created equal" or the part about establishing "Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity.”

      How do we ensure justice when the courts and politicans are bought and paid for? As they would have our police and firefighters be (as in privatized, I do not mean bribed).
      How can their be domestic tranquility if there is no hope of the promise of improvement in our lives or the security that we won't have to eat cat food while freezing to death in our old age or sit and watch our children starve because our job went overseas and Mr. Koch, or his ilk, buy a 7th home, perhaps this one in the south of France?
      How do we promote the general Welfare (note that the GENERAL Welfare, not the welfare of the few), if we cut unemployment, heat assistance, school meals, food stamps, medicare - those things that people need the most when they are down? Or, those who work hard but need that little extra because the wage isn't enough to provide a minimal quality of life?
      If they are allowed to continue with their "government just small enough to fit in your bedroom" and play "winner takes it all" type-games and laws focused on controlling the middle-class so they are afraid of losing their jobs, and oppessing the poor because they aren't productive, therefore don't matter, then there will be no Liberty left to leave for our Posterity."

    • 9 months ago
  • Buckeye_Bill
    • +4
      Buckeye_Bill  
    • suckatash:

      Don't suffer, suckatash! You and I will be fine, if we learn to stick together to fight the greedy SOBs that are not satisfied to keep what they have already, but gaze upon what we have with envious eyes!

      Jon Stewart made a point about how that 700 billion dollars of tax breaks for the top 2% is a drop in the bucket for them to miss but for the bottom half, who if you combine all of their possessions together it would total 1.4 trillion dollars. So, if the bottom half GAVE UP HALF OF EVERYTHING THEY OWN to help pay down the deficit, it would only be worth 700 billion dollars.

      We must hold our ground. Dig our collective heels into the dirt and refuse to budge another inch...backwards.

      Or...you and I will be spit-shining their boots for whenever they feel at liberty to kick our posteriors!

      }8^)

    • 9 months ago
  • tverdell
    • 0
      tverdell  
    • We shouldn't rely on government nor the altruism of rich people.

      Does Koch really believe that we can rely on the rich to make non-profit investments?

      I am more aligned with John Galt.
      "Get the hell out of my way"

      And he is referring to the government and big business.

    • 9 months ago
  • Buckeye_Bill
    • +2
      Buckeye_Bill  
    • tverdell:

      I agree with you on the business part, but it's mighty dang hard to get out of the way of yourself, as the government IS us.

      It's not an entity unto itself. It is us! We are the government. And the sooner we understand this the faster things will change for the better!

      Now, get out of my way as I demand MY government to do the right thing for all of us!

      Respectfully speaking, of course, tverdell.

      }8^)

    • 9 months ago
  • suckatash
    • +3
      suckatash  
    • So their contributions to Walker and Republicans under recall in Wisconsin... their contributions to Perry and all like causes are "more beneficial" to society than paying into the general pool for roads and bridges, public schools, police and fire departments, unemployment compensation, social security for seniors and the disabled. R-r-ight. They ceated so many jobs with those tax breaks and the bubble filled economy that increased their wealth by over 11 billion. Heaven knows going back to Clinton-era tax rates - my goodness, they may have to clip coupons. Eleven billion, twenty-two billion? Hey, it just doesn't go as far as it used to!

    • 9 months ago
  • bike10
  • artemis6
  • nashkildare
    • +4
      nashkildare  
    • The Koch brothers make toilet paper and paper towels that can't clean the crap they make. Paper towels and toilet paper can't clean the pollution.

    • 9 months ago
  • Buckeye_Bill
  • Hardytoo
    • +4
      Hardytoo  
    • Toast 'em good, add a little mozarella, ...mmmm good.
      What a pair of dickheads.
      They'll never get the point of any issue but may get the pointy end of a great big BBQ skewer.

    • 9 months ago
  • Buckeye_Bill
  • suckatash
    • +3
      suckatash  
    • Buckeye_Bill:

      Now I love a nice BBQ and horseradish great, but "Silence of the Lambs" and "Fried Green Tomato" references aside, I don't think anything would make these selfish slimeballs go down easy - or stay down. It would be like deliberately giving yourself food poisoning.

    • 9 months ago
  • kennymotown
  • Buckeye_Bill
  • kennymotown
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