I’ve been so busy all week – catching up here at The Confluence, updating Eat4Today and WALKING that I’ve hardly had any time for my usual 40 hours of frivolous reading.
Much less any significant amount of political reading. . .
But, I happened to pick up a copy of Jim Hightower’s Lowdown and it was pretty interesting:
How corporate money took over Washington–and created the mobs who rant against reform got me so wound up, I actually subscribed to the online version of the Lowdown.
This story is behind the subscription portion of the site but, I hope it’s OK if I post a little of it here:
It’s none of my business, but maybe you have Northern tissue on your toilet roll. You might also buy Brawny paper towels, Dixie paper cups, and Vanity Fair napkins. Maybe you have clothing that owes its clingy and comfy stretchiness to Lycra, and perhaps you have a Stainmaster carpet or a Solarmax couch in your home.
All of these well-known brands are owned and produced by a global conglomerate that deliberately tries to stay little known: Koch Industries (pronounced “coke”). Based in Wichita, Kansas, Koch is also a major producer of oil, gas, timber, coal, and cattle. It’s a petroleum refiner, too, as well as a manufacturer of asphalt, chemicals, polyethylene plastic, nitrogen fertilizers, cement, and lumber products. It owns or controls some 4,000 miles of pipelines, including a piece of the Trans-Alaska Pipeline. And, in a poetic bow to its desire for anonymity, Koch also owns Teflon.
With 70,000 employees in 60 countries, this publicity-shy giant is America’s second-largest privately owned corporation. Being private means it makes very few disclosures about its finances and operating practices, but we do know that it has sales topping $100 billion a year, which means it is bigger than such corporate giants as Verizon and Morgan Stanley.
The billionaire brothers
Charles and David Koch, who control this family-owned empire, are tied for a spot as the 19th-richest billionaire in the world, according to a 2009 ranking by Forbes. Each brother has a net worth of $14 billion, just below the wealth held by four heirs to the Wal-Mart fortune. Charles, 73, and David, 68, boast of being “self-made” billionaires. Actually, that’s a fib, for they had a little help from Daddy. Fred Koch, who died in 1967, started his name-sake business after inventing a method of turning heavy oil into gasoline, and his sons got a leg up on their climb to billionairedom by inheriting Fred’s company.
They also inherited something else: a burning ideological commitment to right-wing politics. How right wing? In 1958, Daddy Fred helped found the John Birch Society.
From there, Hightower goes on to itemize all the ways the brothers not only followed in their fathers footsteps but, expanded on his idea in frightening ways.
For some three decades, there’s been a steadily increasing flow of think-tank studies, legislative proposals, articles, books, corporate lawsuits, citizen petitions, and other efforts to push for the deregulation of most industries and the privatization or elimination of government functions. These extremist ideas have never had strong public support, yet they’ve moved from the back burner of American policy in the 1970s to the red-hot front burner in the Bush years–and today we’re paying the price for the adoption of these concepts at all levels of government, from privatization of local water supplies to the deregulation of Wall Street.
My question to Confluencians everywhere is — How can we fight these people? What can we regular people do to push back against people with all the money in the world?
And while we discuss it – The Bar is Open! Rico! The drinks — iced tea tonight for me — are on me!
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