Thursday, February 9. 2012
Another excerpt from the Wichita Eagle Blog today, titled Pompeo takes on Kochs' critics:
There's been a groundswell of "pity the billionaire" articles about the Kochs recently, which like all of their groundswells suggests central planning. And who better than Pompeo to praise them, especially since he was their guy in the 2008 Republican primary. Coincidentally, I have another quote from Thomas Frank's book, Pity the Billionaire (pp. 76-77):
I actually have a lot of respect for entrepeneurs who founded companies that build things, although I can also think of plenty of examples of such who went on to use their wealth and power for ill purposes -- Henry Ford's notorious antisemitism is a classic example -- and they tend to be the rule rather than the exception, probably because there's something fundamentally rotten about living off a profit margin. But whereas Ford built his company from scratch, the Kochs inherited theirs, and while I do have respect for Charles Koch as a smart and principled businessman -- David is another story altogether -- he grew his company mostly through shrewd acquisitions and stern management, not to mention tax breaks and political payola. (The Bush Administration, for instance, settled hundreds of EPA charges against Koch for pennies on the dollar, with no concession of wrongdoing. In some ways, a "get out of jail card" is even better than a bailout.) To say that Koch created 50,000 jobs is nonsense.
Still, the Kochs aren't being attacked for their business work -- although they are in a notoriously dirty business, and they have an utterly scandalous environmental track record, and the oil industry has long been the poster boy for government corruption (although finance and pharmaceuticals have more than caught up). The problem with the Kochs is that they pump so much money into subverting our democracy. The more we have become aware of their activities, the more conscious we become of where that money comes from and what kind of world they want to create.
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