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Charles Koch calls for unity against 'corporate welfare'

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posted on Aug, 6 2015 @ 11:09 AM
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So...this is going to make for some difficult discussion for both those on the left and right that truly begin debate from a partisan camp.

I would argue it is that novelty that demands we examine this statement.

Here we have the left's Boogie-Man saying publicly precisely what the left has been saying for years..

Those on the Left can say...See, even the Kochs recognize the corrupt state of our political system favoring the wealthy.

And the Right can shout that the Left unfairly demonized the Kochs all these years.

What is going on here? Opinions?



"We're headed toward a two-tiered society -- a society that's destroying opportunities for the disadvantaged and creating welfare for the rich," Koch said. "Misguided policies are creating a permanent underclass, crippling our economy and corrupting the business community," he said, "present company excepted of course."

...

Koch said clearing those obstacles would require getting business leaders to recognize that accepting "corporate welfare" -- which he defined as subsidies and special preferences for business -- is "suicide long term."

...

He singled out "big banks" as bad actors who have accepted handouts, including "massive bailouts" and taking "virtually free money from the Fed." To maintain the status quo, the banks "Make big political contributions," he said.

"This destructive cycle goes on and on," he said.


www.cnn.com...




posted on Aug, 6 2015 @ 11:14 AM
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a reply to: Indigo5

"Corporate Welfare" is just a fancy word for redistribution at the behest of the state and supported by the threat of violence.

It is socialism, the only difference is that it cannot be easily dismissed as "justice".

"But how is this legal plunder to be identified? Quite simply. See if the law takes from some persons what belongs to them and gives it to other persons to whom it does not belong. See if the law benefits one citizen at the expense of another by doing what the citizen himself cannot do without committing a crime."

-Frédéric Bastiat



posted on Aug, 6 2015 @ 11:19 AM
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a reply to: Indigo5

I think the Kochs actions speak louder than words.


The liberal Center for Media and Democracy has dug up a financial link between conservative interest groups and the federal judge who dramatically shut down a state-level investigation into Wisconsin Gov. Scott Walker's (R) 2012 recall election. Financial disclosure forms examined by the center show that U.S. District Judge Rudolph Randa has been a regular attendee at "judicial junkets" organized by George Mason University and financed by groups including the Charles G. Koch Charitable Foundation, the Lynde and Harry Bradley Foundation, and the U.S. Chamber of Commerce.


Judge Who Halted Scott Walker Probe Attended Koch-Backed Judicial Junkets



The billionaire industrialist Koch brothers have announced their fundraising goal for the 2016 election: nearly $900 million, which puts the assorted secret-money groups in the same league as the national Republican Party.


Koch Brothers Rival GOP With Plans To Spend $900 Million In 2016



posted on Aug, 6 2015 @ 11:21 AM
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a reply to: Indigo5


Koch said clearing those obstacles would require getting business leaders to recognize that accepting "corporate welfare" -- which he defined as subsidies and special preferences for business -- is "suicide long term."


Human nature and corporate culture don't sacrifice rewards and benefits for ifs, buts and maybes. The banks have done very little to change their tactics and it's been more of the same since the recession and bail-outs. They were facing 'suicide long term' and just can't help increasing profits at the risk of tipping us all into another recession. What would make business leaders any different?


"Short term, taking the principled path (is) going to cause some companies some problems, as it will Koch industries," said Koch, who runs his business empire with his brother, David Koch. "But long term it will allow business people to continue to own and run their businesses."


We're a *now* society. Koch makes valid points and must know that if Koch Industries took a 'principled path,' other businesses would naturally take advantage and see Koch as weak. We have to accept that economic changes tend to come from cataclysmic forces that are forced upon the economy. It's never because some major players suddenly think it's time to stop screwing people over and play nice.



posted on Aug, 6 2015 @ 11:27 AM
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a reply to: Indigo5

I call it CYA (covering your a$$).



posted on Aug, 6 2015 @ 11:28 AM
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a reply to: Indigo5

Corporate welfare is only part of the problem, the problem is stopping them for needing welfare to start with.

Risking sounding like a broken record, I'm going to say that we need to stop TPTB recklessly gambling on the markets.

Wall street, Hang Seng, FTSE-those with the money-and the peoples money-gamble irresponsibly. There should be safeguards in place that makes sure that those who invested have their savings locked in and assured when (not if) TPTB screw up again and put all their chips on black.



posted on Aug, 6 2015 @ 11:32 AM
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Corporate welfare is in my opinion the worst and most damaging form of welfare.

It's what give the mega corps the edge in business against the little folk.

It's how the 0.1% cling to the top of the ladder dispute inept management and reinforced reckless practices.



posted on Aug, 6 2015 @ 11:35 AM
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originally posted by: Thecakeisalie
a reply to: Indigo5

Corporate welfare is only part of the problem, the problem is stopping them for needing welfare to start with.

Risking sounding like a broken record, I'm going to say that we need to stop TPTB recklessly gambling on the markets.

Wall street, Hang Seng, FTSE-those with the money-and the peoples money-gamble irresponsibly. There should be safeguards in place that makes sure that those who invested have their savings locked in and assured when (not if) TPTB screw up again and put all their chips on black.



In my opinion margin trading should be banned.

You should only trade what you have.

Basically there should be a law were you can only trade if you have hard assets in you procession you can back that trade up with.

No borrowing with millions in borrowed funny money that you can't pay back if you lose!



posted on Aug, 6 2015 @ 11:49 AM
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I sense Scott Walker's GOP presidential campaign talking points.

Besides the fact that the Koch libertarian fantasy is "drowning govt in a bathtub", "no corporate welfare" means no govt renewable energy plan or help (benefit Koch fossil fuel), calling out banks includes un-named Koch nemesis the Export-Import Bank, and "no corporate subsidies" also means getting rid of tax code and going to regressive flat tax, another favorite Koch idea they promote.
edit on 6-8-2015 by desert because: oops, left out Ex-Im Bank



posted on Aug, 6 2015 @ 12:10 PM
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originally posted by: BritofTexas
a reply to: Indigo5

I think the Kochs actions speak louder than words.


The liberal Center for Media and Democracy has dug up a financial link between conservative interest groups and the federal judge who dramatically shut down a state-level investigation into Wisconsin Gov. Scott Walker's (R) 2012 recall election. Financial disclosure forms examined by the center show that U.S. District Judge Rudolph Randa has been a regular attendee at "judicial junkets" organized by George Mason University and financed by groups including the Charles G. Koch Charitable Foundation, the Lynde and Harry Bradley Foundation, and the U.S. Chamber of Commerce.


Judge Who Halted Scott Walker Probe Attended Koch-Backed Judicial Junkets



The billionaire industrialist Koch brothers have announced their fundraising goal for the 2016 election: nearly $900 million, which puts the assorted secret-money groups in the same league as the national Republican Party.


Koch Brothers Rival GOP With Plans To Spend $900 Million In 2016


They are not bemoaning political corruption or money influencing the political system. They are not even bemoaning corporate interests in politics et al.

They are bemoaning corporate welfare and citing the banking industry vs. energy.



posted on Aug, 6 2015 @ 12:15 PM
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originally posted by: MOMof3
a reply to: Indigo5

I call it CYA (covering your a$$).


Thinking on this...I would have to examine the cash flow, but the Kochs cited banking as a culprit, not the energy industry, which also receives huge subsidies.

Is it possible that an analysis of lobbyist funds will show that Democrats have a larger chunk of the banking industries payola while the GOP has a larger chunk of the Oil and Energy industry?

In that context it could be a self-serving political ploy...but indisputably he acknowledged the dramtic slide in income distribution to a two-tiered society...the wealthy elite and the peasant class...no middle class, like the days of old.



posted on Aug, 6 2015 @ 12:29 PM
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For anyone looking to understand what is meant when Koch says we are headed toward a "Two-Tiered" society...he means rich and poor, no middle class.

Below is change in income over the past 4 decades...The rich get richer and the poor get poorer.

This chart is even more frightening when we consider this time period includes women joining the work-force and families going from single-income to dual-income...and still getting a smaller and smaller piece of the pie. Plus the mobile computing revolution...always working..always available...and still declining in real income..We also work longer hours and every individual measure of workplace "productivity" has increased...along with declining real wages.

We are, in fact, sliding to a "Two-Tier Society" with the middle class shrinking every year..




posted on Aug, 6 2015 @ 01:09 PM
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a reply to: Indigo5
The GOP needs to demonstrate that the answer to every problem is not a war on it. I have not talked to anyone in my wide circle of friends and family that want to go to war with Iran for any reason. I did some research on their stand of the invasion of Iraq.

"Data pulled from publicly-accessible federal contract databases shows that over the past 15 years, the Kochs have milked the U.S. war machine for about $170 million, all while funding libertarian groups, organizations and media outfits with anti-war positions. In just four years, from 1996 through 1999, Koch Industries picked up around $85 million in contracts to supply the Department of Defense with fuel."

Source exiledonline.com...



posted on Aug, 6 2015 @ 01:22 PM
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originally posted by: Indigo5

They are not bemoaning political corruption or money influencing the political system. They are not even bemoaning corporate interests in politics et al.

They are bemoaning corporate welfare and citing the banking industry vs. energy.



The United States federal and state governments gave away $21.6 billion in production and exploration subsidies to the oil, gas, and coal industries in 2013 .


Oil Change International

That makes the paltry almost $1 billion they are using to buy the election look like pocket change, doesn't it?



posted on Aug, 6 2015 @ 01:44 PM
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a reply to: BritofTexas

This is correct. The Koch Brothers are recipients of plenty of welfare themselves.

This is simply big oil taking a cheap shot at big banking.



posted on Aug, 6 2015 @ 02:09 PM
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Here we have the left's Boogie-Man saying publicly precisely what the left has been saying for years..


A 'conversation' can't even begin until the LEFT finally admits that ALL social programs are corporate welfare.



posted on Aug, 6 2015 @ 02:15 PM
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a reply to: neo96


A 'conversation' can't even begin until the LEFT finally admits that ALL social programs are corporate welfare.

Insofar as corporations own all of us, including Congress - yes.

But in real moral life???? :

It should be that those who are in need get assistance, and thereby are able to survive so they can continue contributing to the economy!!


NOT the corporations who get to move abroad and cheat the system (thanks to all the 'loopholes' that their cronies have slipped into the tax code) and pay slave wages and are totally divested of any interest except SHAREHOLDERS'......



Gah

edit on 8/6/2015 by BuzzyWigs because: fix volume.




posted on Aug, 6 2015 @ 02:22 PM
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I smell Frank Luntz's hand in this. The GOP message master knows how to spin in a game of hardball. He has spun for the GOP and has been paid by the Kochs for his services.


The Real Americans out there, Luntz informs us, think “Washington is broken and on the decline.” They want to “change the way Washington operates.” They desire “common-sense solutions” and “leadership that brings us together.” .....

Luntz at one point notes that when Americans say Washington isn’t working, what they usually mean is that “government no longer works for them — only for the rich and powerful.” .....

After arguing that Americans see their government as plutocratic, dysfunctional, indifferent and corrupt, Luntz doesn’t recommend any major structural changes. He doesn’t suggest any reforms to campaign finance, labor law, voting rules or Wall Street regulation — even though these are ideas being tossed around not only by wonks on the left but also policy thinkers on the right.

GOP propagandist’s phony reform: Frank Luntz shows how to co-opt populist anger

So, as a campaign strategy, Koch will acknowledge the result of the perfect storm of Reaganomics, globalism of labor and capital, and Koch's own libertarian campaign to dismantle govt has done, but will only offer his "principled entrepreneurship" and libertarianism as solutions.

How Piketty's Bombshell Book Blows Up Libertarian Fantasies

Yes, there is a "two-tier" problem, but the GOP and Koch solution may not be the one you're thinking of...and that's exactly what Koch and the GOP and Luntz want.

Don't be fooled. I am reminded of the old story about the man who sent away for the advertised "tie clip". He was sent a paper clip. When he tried to sue for mail fraud, he was told that nothing could be done, as the paper clip did indeed clip his tie to his clothing.

edit on 6-8-2015 by desert because: title link



posted on Aug, 6 2015 @ 02:55 PM
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originally posted by: bigfatfurrytexan
a reply to: BritofTexas

This is correct. The Koch Brothers are recipients of plenty of welfare themselves.

This is simply big oil taking a cheap shot at big banking.


Well he did smile end the statement with "Present company excluded of course".

He was right about the slide to a "Two-Tier Society" though..

Pointing fingers ...but where are the solutions?



posted on Aug, 6 2015 @ 02:58 PM
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Maybe he forgot his yachts run on corporate welfare ?
The perks and subsidies from Koch Industries alone
could gold plate our schools.



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