Wisconsin Senate to vote on anti-union bill

[Guest Guest]

First of all, it isn't news that Democratic politicians get campaign contributions from unions.

 

Second, the Koch brothers are big news as their role in financing organizations furthering the John Birch Society ideas of their father.

 

Third, remembering that this is for two campaign cycles, only two democrats received more than 43K.

 

You cite percentages 43K is so little of the millions funneled to Walker opposed to the paltry sums spent by the Democratic state officials.

 

Do you expect us to believe that the only money the Koch brothers gave was direct and not through their front organizations such as the Republican Governor's Association and Americans for Prosperity.

 

The details are here http://www.truth-out.org/scott-walker-runs-koch-money67916

 

Rupert Murdock also gave a million dollars to the RGC, what were you saying about the media?

 

An the neat thing is the Republicans have the middle class fighting each other.

YOU DO UNDERSTAND THAT AMERICANS HAVE CAUGHT ON TO THE LIBERAL MANIPULATION OF ELECTION FINANCIAL DONATIONS,RIGHT?

 

NAAAA OF COURSE YOU DON'T, BUT WE DO.

[Guest Guest]

Think Progress? Think Ignorance

 

Over at Think Progress, video editor Lee Fang is working full-time at smearing one of the world's most admired companies, Koch Industries. Today he lashes out at Charles Koch's excellent op-ed in the Wall Street Journal. Fang's theme is that the Koch brothers preach free enterprise, but practice crony capitalism:

 

Koch's Tea Party libertarianism is actually a thin veneer for the company's long running history of winning special deals from the government and manipulating the market to pad Koch profits.

 

Fang then proceeds to itemize this "long running history," apparently without noticing that not one of the examples he offers constitutes either a "special deal" or "manipulating the market." Let's take them one by one.

 

-- Fred Koch, the founder of Koch Enterprises, built refineries in the Soviet Union in the 1930s. This is completely irrelevant to Fang's theory, but for what it is worth, there is an interesting story behind it, which is easily accessible on Koch's web site. Fred Koch invented a catalytic cracking process, but the major oil producers shut him out of the United States market. Accordingly, he and his company looked overseas. The result, as described on the Koch Industries web site:

 

[Fred Koch's] anti-communist sentiment stemmed from the trips he made to the Soviet Union from 1929 through 1932 when his engineering company designed and built oil cracking units to be erected in refineries in the U.S.S.R. Mr. Koch found the Soviet Union to be "a land of hunger, misery and terror." Virtually all of the Soviet engineers with whom he worked were purged by Stalin, who exterminated tens of millions of people. This experience, combined with what his Communist associates told him of their methods and plans for world revolution, caused Fred Koch to become a staunch anti-communist.

 

Fang and his colleagues at Think Progress should take note.

 

-- Koch "exploits a number of government programs for profit." Here we get to the heart of the matter. Fang accuses Koch of making "special deals," but his evidence doesn't support the charge. Laughably, he criticizes Georgia-Pacific, a Koch subsidiary, for using government-maintained roads in the course of its logging operations, just like every other logger. What are they supposed to do, walk? This isn't a "special deal," it is the way in which logging is universally done, as it was by Georgia-Pacific before Koch bought that company.

 

Equally silly is Fang's complaint that Koch's cattle ranching subsidiary takes advantage of a New Deal program that allows ranchers to graze cattle on public lands--again, not a "special deal," but a New Deal program or policy that is equally available to everyone.

 

In his Wall Street Journal op-ed, Charles Koch specifically addressed the fact that Koch Industries must necessarily participate in some programs which, as a matter of public policy, it would oppose:

 

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, simply to remain competitive and help sustain our 50,000 U.S.-based jobs. However, even when such policies benefit us, we only support the policies that enhance true economic freedom.

 

For example, because of government mandates, our refining business is essentially obligated to be in the ethanol business. We believe that ethanol--and every other product in the marketplace--should be required to compete on its own merits, without mandates, subsidies or protective tariffs. Such policies only increase the prices of those products, taxes and the cost of many other goods and services.

 

Every one of us obeys laws with which he does not agree, and takes advantage of incentives which, if he were the decision-maker, would not exist. If you don't believe me, ask George Soros whether his income tax return includes deductions.

 

-- Koch "won massive government contracts using their close relationship with the Bush administration." This one is a mystery. The excitable Mr. Fang claims that the Bush administration "handed Koch Industries a lucrative contract to supply the nation's Strategic Petroleum Reserve with 8 million barrels of crude oil." But if you follow Fang's link, it takes you to a Department of Energy press release that says, "Koch's offer was selected on the basis that its exchange ratio provided the best value to the government." So Fang's complaint is what, exactly?

 

-- Koch campaigned against Obamacare, but nevertheless applied for the benefits that Obamacare makes available to companies to partially offset the costs it imposes. This is true; Koch was one of thousands of companies that did so. Koch has addressed health care on its web site, too:

 

However, once [health care] laws or programs are enacted, we will not place ourselves or our employees at a disadvantage by turning our back on incentives offered to our competitors.

 

Koch and the thousands of other companies that applied for the benefits made available by Obamacare will have to bear the costs of that statute, and it is entirely appropriate that they avail themselves of offsetting benefits regardless of whether they think the legislation, in total, was a good idea. Once again, there is not even the hint of a "special deal" or of "market manipulation," which was supposed to be the point of Think Progress's argument. Obamacare applies to Koch Enterprises as it does to everyone else.

 

-- Relying on an Alaskan blogger, Fang claims that "a Koch subsidiary in Fairbanks asked Gov. Sarah Palin's administration to use taxpayer money to bail out one of their failing refinery [sic]." This one is particularly revealing. One of the problems with a web site like Think Progress is that the kids who write for it are ignorant with respect to both business and law. They lack the experience (and likely also the intelligence) to understand the matters they try to write about. This is a case in point. The Alaskan blogger had no idea what he was talking about; Fang, apparently, even less.

 

What actually happened was that a Koch subsidiary, Flint Hills, entered into a contract with the State of Alaska whereby it bought crude oil from the state and refined it. The price of the crude oil depended in part on the pipeline tariff charged to ship it. If the tariff went up, the price of the crude went down, and vice versa. A tariff proceeding was commenced that, if successful, would have had the effect of significantly increasing the price that the Koch company would pay to the state per barrel of crude:

 

The pipeline tariff proceeding, brought by the state of Alaska and pipeline shipper Anadarko Petroleum Corp., was initiated after an agreement was reached on a royalty oil contract between the state and Flint Hills, Cook said. At the time the contract [was] accepted, neither the company nor the state considered a possible change in the tariff, Cook said. "It is a circumstance Flint Hills Resources could not have contemplated at the time the contract was signed," Flint Hills executive vice president Anthony Sementelli said in a Feb. 24 letter to the state Department of Natural Resources. ...

 

The tariff change could result in Flint Hills paying the state as much as $100 million in additional royalty oil costs, a state official said on background.

 

This was highly problematic for Flint Hills, in part because the company potentially could go for years without knowing the ultimate price of the crude oil it was buying. So Flint Hills approached the state with a proposal to lock in a fixed price, independent of the tariff proceeding.

 

There is more on what happened here:

 

The pipeline tariff used in the calculation is the current interstate tariff filed by TAPS owner companies with FERC.

 

That tariff is being challenged, however, and if the FERC orders the tariff lowered to a level the Regulatory Commission of Alaska has set for intrastate shipments on TAPS, Flint Hills would have to pay more for its royalty oil, Cook said.

 

The adjustment could potentially raise crude oil costs for the refinery by $50 million a year, but the real problem is the retroactivity of the potential charge to the start of 2005. FERC has scheduled hearings on the appeal in early 2007, and a decision is possible soon after, but there is no certainty to that, he said.

 

If the decision is made to order a lower tariff, the additional payments to the state would be retroactive to the beginning of 2005. The TAPS tariff is scheduled to be renegotiated in 2009, so the potential liability could cover four to five years, or $200 million to $250 million, Cook said. ...

 

Flint Hills has been seeking a revision of its royalty oil contract with the state to remove the potential retroactivity of the charge, but has been unsuccessful so far.

 

Ultimately, the State of Alaska--this was the Murkowski administration, so Think Progress's reference to Sarah Palin is gratuitous--declined to agree on a fixed price for its crude oil, and the eventual result was that Flint Hills lost a great deal of money. At no time was there any talk of a "bailout" or a "special deal." Lee Fang and his fellow goofballs at Think Progress don't understand any of this. They have no idea what TAPS and FERC are, or how they work. They know nothing about contracts, or the price of crude oil, or how refineries and pipelines operate. To be frank, what they write on such topics is childish, and is driven entirely by prejudice.

 

-- Fang says a pipeline has been proposed that will run from Canada to Texas, and the land for it, if it is built, will be acquired by "eminant domain" [sic]. I have no idea whether the project is a good idea or a bad idea--I assume good, if it will allow more domestic energy production--but does Think Progress seriously believe that it is possible to build 1,000 miles of pipeline without a power of eminent domain?

 

-- Koch Industries "has been the recipient of about $85 million in federal government contracts mostly from the Department of Defense." That number sounds awfully low--it represents less than 1/10 of one percent of Koch's annual revenue--but let's assume it is correct. What is the point? Is there something wrong with selling goods or services to the federal government? Presumably the folks at Think Progress don't think so. And what is the "special deal" that was supposed to be the entire point of Fang's essay?

 

-- Finally: "Koch also benefits directly from billions in taxpayer subsidies for oil companies and ethanol production." In the world of Think Progress, a subsidy is when the government doesn't take all of your money in taxes. Koch pays its taxes like every other company in the industries in which it competes. What is the "special deal?" The billionaires who fund Think Progress, like George Soros, agitate in favor of higher tax rates, yet I have never heard of one who paid more in taxes than he was legally obligated to.

 

As for ethanol, note Charles Koch's comments above. Koch Industries, like other oil refiners, produces ethanol in part because it is required to do so by law. Brad Razook, President of Flint Hills, also addressed Koch's production of ethanol:

 

Because of government mandates, we believe ethanol will be part of the transportation fuels market for years to come. We also want to remain competitive. We are always going to oppose government policies we believe are inconsistent with liberty and economic freedom.

 

But we are also going to abide by the law, and ethanol is required by law. And once a law is enacted, we are not going to place our company and our employees at a competitive disadvantage by not participating in programs that are available to our competitors.

 

So, to sum up: Think Progress has come up with not a single instance of a "special deal" or of "market manipulation," let alone a "long history." Think Progress is left-wing fantasy written by uneducated, inexperienced kids who, despite their lack of qualifications, are funded by billionaires with an axe to grind. It is hard to understand why anyone takes them seriously.

 

UPDATE: We are experimenting with Facebook comments; if you click "View Responses" at the top of the post, you can see others' comments; if you are signed in to your Facebook account, you can comment, and I believe the comment appears on your FB page as well.

 

 

 

Think Ignorance, Part 2

 

Last night young Lee Fang, in-house video editor at the web site Think Progress, went on another hysterical rant against Koch Industries, one of America's finest and most successful companies. Like yesterday's failed effort, this screed tells us nothing at all about Koch Industries, but a great deal about the shortcomings of young Mr. Fang and his colleagues at Think Progress.

 

The subject of Fang's part 2 was the environment. Think Progress accuses Koch of being a polluter, and argues that the company's support for groups that advocate weighing costs against benefits in environmental regulation is self-interested. Once again, young Mr. Fang has revealed that he doesn't understand how the world works. Before getting to the specifics of his indictment, two broader points are in order.

 

First, as long as environmental regulations are enforced even-handedly, how stringent they are makes little difference to the industrial concerns that are subject to them. The costs, whatever they may be, are ordinarily passed on to consumers. If cost/benefit analyses are not done, or are done but ignored, and as a result, excessive, wasteful regulations are imposed, the refinery doesn't suffer. The consumer does.

 

In fact, over-regulation often benefits established companies. Environmental extremism has made it impossible to build new refineries in the United States. Does that hurt Koch Industries? Of course not! Koch already owns refineries. Excessive regulation prevents new entrants into the market and protects existing concerns from added competition. Therefore, when Koch Industries or its owners support groups that argue for regulation based on a rational evaluation of costs and benefits, they are not pursuing a narrow self-interest, they are sticking up for consumers.

 

Second, Think Progress tries to portray Koch Industries as an environmental scofflaw. But that is the opposite of the truth. Koch puts a high priority on regulatory compliance, and has a superb record of environmental stewardship. This is why the Obama administration's Environmental Protection Agency has repeatedly praised Koch and its subsidiaries. In 2009, the EPA awarded Koch subsidiary Georgia-Pacific its SmartWay Excellence award and specifically commended Georgia-Pacific. Obama's EPA has also praised Koch subsidiary Flint Hills Resources, calling a process that Flint Hills worked out "an excellent one" that "will serve as a model for other companies." Remarkably, Koch companies have received more than 180 environmental, health and safety awards since the Obama administration took office.

 

Such recognition is nothing new. In 2004, the EPA gave Flint Hills Resources its Clear Air Excellence Award for "help[ing] [to] make progress in achieving cleaner air." In December 2000, the agency recognized Koch Petroleum Group as the first petroleum company to reach a comprehensive Clean Air agreement involving the EPA and state regulatory agencies. At the time, EPA administrator Carol Browner called the agreement "innovative and comprehensive" and praised Koch's "unprecedented cooperation."

 

So we should understand, before even beginning to dissect the lies and misdirections that are typical of Think Progress, that its central thesis is not just false, but laughably so. Now, on what does young Mr. Fang base his criticism of Koch Industries?

 

-- Fang says that Koch Industries is engaged in a number of "dirty" businesses. I have to admit, that's a fact. Young Mr. Fang obviously has no experience of "dirty" businesses--unless, of course, you think that taking George Soros's money to write lies is a dirty business. But it is "dirty" businesses--oil refineries, chemical processing plants, pipelines, lumber mills, and so on--that allow all of us to live well rather than poorly. It is "dirty" businesses that cause the light to go on when Mr. Fang, who has no idea how electricity is created, flips a switch. It is "dirty" businesses that allow Mr. Fang to drive his car, to build a house--well, maybe someday--to have ink for the pen with which he writes ignorant rants, and to play hacky sack--with, whether he knows it or not, synthetic materials. The 50,000 people who work for Koch Industries in the United States would no doubt plead guilty to working in "dirty" businesses, and happily so. It is only because they are willing to get their hands dirty that helpless wretches like Lee Fang are able to lead lives of comfort.

 

-- The University of Masschusetts Amherst has scored Koch as among the top ten worst air polluters for its carcinogenic chemicals. It would be easy to dismiss this one as silly. The index in question includes most of America's top companies. The "pollution" it measures consists of emissions that are permitted by law and carefully regulated by the EPA. Beyond that, it is worth noting that the co-creator of this index, Michael Ash, is a member of the Union for Radical Political Economics. Its web site says that it is an organization that "presents a continuing critique of the capitalist system and all forms of exploitation and oppression while helping to construct a progressive social policy and create socialist alternatives." Is that also the mission of Think Progress? Mr. Soros and I both think so.

 

-- After a lobbying campaign waged by Koch fronts Americans for Prosperity, Competitive Enterprise Institute, Cato Institute, and others to stop federal action on climate change, Koch fronts have worked to decimate state-level efforts to curb carbon emissions. Liberals love to talk about "fronts," unless they are actual fronts like the Lawyers' Guild or the Holy Land Foundation. The "fronts" to which Mr. Fang refers are independent organizations that are supported by many thousands of Americans, of whom Charles and David Koch are two.

 

What Think Progress doesn't seem to understand is that there is a genuine debate over anthropogenic global warming. Not only that, a debate in which the realists are clobbering the global warming hysterics. Scientific evidence shows conclusively, in my view, that the global warming theory is at best overblown, and at worst 100 percent fraudulent. You can consult my dozens of posts on the subject for the details. For now, the point is that supporting groups that demand scientific evidence of anthropogenic global warming as opposed to childish hysteria hardly disqualifies the Koch brothers from polite company.

 

-- Koch Industries is one of the largest producers of formaldehyde.... Koch's conservative front groups [sic] have battled proposed regulations on formaldehyde, and David Koch used his position on the National Institutes of Health to try to stop the EPA from classifying it as a "known carcinogen" in humans. This one is frankly sick. David Koch is a cancer survivor who has donated many millions of dollars to cancer research. Koch Industries and countless other companies, NGOs, government agencies and individuals submitted comments during rule-making procedures on formaldehyde, as is routinely done.

 

--Gov. Scott Walker's (R-WI) demand that he be allowed to sell off Wisconsin's state owned power plants with no-bid contracts has fueled suspicion that Koch Industries might take advantage of the deal.... Of all the dumb theories liberals have offered to distract attention from what is happening in Wisconsin, this is the funniest. The idea that Koch Industries is supporting Governor Walker in order to get access to some broken-down, environmentally inadequate, unprofitable heating and cooling plants for Wisconsin's universities and prisons is so silly that it could be believed only by the likes of Lee Fang and Paul Krugman.

 

Here are the facts: Wisconsin owns around 34 heating and cooling plants, scattered around the state, that are used to provide heat and air conditioning to universities and prisons. These plants are mostly coal-fired, antiquated, environmentally shaky, and fully depreciated. There is no particular reason why Wisconsin should be in the heating and cooling business, and proposals to sell these plants have been around for some years. In its 2005 budget, Wisconsin's legislature proposed to unload these unprofitable turkeys, but Governor Jim Doyle vetoed that legislation.

 

In 2005, the state of Wisconsin analyzed these power plants and concluded that "the value of the 34 plants [was] $235.9 million, offset by $83.9 million in debt." Which is to say, a pathetic $4.4 million apiece. These power plants are probably more a liability than an asset, since they have a long history of problems in complying with environmental regulations:

 

Jeff Plale, a former Democratic state senator who was hired by the Walker administration to run the Division of State Facilities, said he didn't think a bidding process is appropriate for the sale of the heating plants. "A bid implies that there is a value in the physical asset," he said.

 

It's difficult to tell what kind of price they could fetch, particularly because of environmental liabilities. Several of the old coal plants are in potential violation of the Clean Air Act because they lack modern pollution controls, Plale said.

 

"A number of these plants have potential environmental liabilities hanging over their head. How that falls into the mix still needs to be addressed," Plale said.

 

So it is quite possible that the value of these 34 obsolete plants may be negative. The head of Wisconsin's Sierra Club chapter agrees:

 

"The state knows darn well that it has got compliance issues with these aging coal plants, and so the violations are going to have to be corrected," said Jennifer Feyerherm of the Sierra Club in Madison. "How the governor thinks he can put lipstick on that pig and sell huge financial and environmental liabilities to someone else, good luck. Bottom line, those plants need to be cleaned up."

 

Around Wisconsin, the conventional wisdom is that the state will be lucky to find anyone willing to take these liabilities off the state's hands. Koch Industries does not own any similar facilities anywhere in the world, and it is no wonder that Koch has said that it has zero interest in relieving Wisconsin of the burden of these antiquated plants.

 

Think Progress is being paid millions of dollars by left-wing billionaires to attack Koch Industries. It is remarkable how little those millions have produced. Koch Industries is the second-largest privately owned company in the United States and is, without a doubt, one of the five or ten most admired companies in the world. Ignorant attacks by kids like Lee Fang only highlight how misguided their leftism is, and what a great company Koch Enterprises is.

 

As for the incorrigibly lazy and ill-informed Paul Krugman, I will deal with him tomorrow unless I have something better to do.

 

If you want to comment on this post, go ahead if you are logged in on Facebook.

[Guest Guest]

There are some very good reasons Mr. Koch has not left this country.

 

One, he never earned the fortune to begin with, and with that fortune he was able to buy the lobbyists and politicians that enabled him to exponentially grow his companies through taxpayer-funded corporate socialism, handouts, entitlements, tax breaks, govt interference to block competition/prevent a free market, eminent domain to steal private property for his pipeline rather than just paying market prices, and so on and so forth.

 

No other advanced country would allow such a parasite(s) to rob the public so thoroughly. Hence, he/they stay and prosper off the public, and beyotch about it when the little people fight for their own rights and to keep more of their own hard-earned money.

[Guest Guest]

Thank God SOMEBODY has the stones to make sure robber barons and self-serving war criminals get their soapbox.

Keep up the obfuscation, Ruppert! Soon enough we'll have these rubes convinced that trying to stop us putting oil derricks in their yards is treason and working for 25 cents an hour with no health insurance, no pension, no Social Security or Medicare and no guarantee that they'll have a job tomorrow is the height of patriotism!

[Guest Guest]

Thank God SOMEBODY has the stones to make sure robber barons and self-serving war criminals get their soapbox.

Keep up the obfuscation, Ruppert! Soon enough we'll have these rubes convinced that trying to stop us putting oil derricks in their yards is treason and working for 25 cents an hour with no health insurance, no pension, no Social Security or Medicare and no guarantee that they'll have a job tomorrow is the height of patriotism!

That is basically the situation in NY right now. The public unions must be liquidated.

[Guest Guest]

That is basically the situation in NY right now. The public unions must be liquidated.

You are a good Koch puppet AFC.

 

Maybe if Koch Industries actually paid taxes, you wouldn't be one of the companies contributing to the problem.

[Guest Guest]

The unions have taken advantage of the taxpayers for too long. It's payback time !

[Guest Guest]

I wonder how much Koch is paying Cuomo? Oh that's right, he's not. Time to derail the gravy train.

[Guest Guest]

You are a good Koch puppet AFC.

 

You have no idea who is posting what

[Guest Guest]

PIGS IN WISCONSIN: $7.5 Million to Clean up Mess Left by Union Protesters http://www.fox6now.com/news/witi-20110303-capitol-cleanup-costs,0,5141893.story

 

 

Sort of like Obama's Inauguration Pigs. http://i100.photobucket.com/albums/m5/edgy1965/Tea%20Party%20Express%20New%20Lenox%20Illinois/ObamaInaugurationMess.jpg

[Guest Guest]

PIGS IN WISCONSIN: $7.5 Million to Clean up Mess Left by Union Protesters http://www.fox6now.com/news/witi-20110303-capitol-cleanup-costs,0,5141893.story

 

 

Sort of like Obama's Inauguration Pigs. http://i100.photobucket.com/albums/m5/edgy1965/Tea%20Party%20Express%20New%20Lenox%20Illinois/ObamaInaugurationMess.jpg

Deduct it from their pensions or dock their pay.

[Guest guest]

There are some very good reasons Mr. Koch has not left this country.

 

One, he never earned the fortune to begin with, and with that fortune he was able to buy the lobbyists and politicians that enabled him to exponentially grow his companies through taxpayer-funded corporate socialism, handouts, entitlements, tax breaks, govt interference to block competition/prevent a free market, eminent domain to steal private property for his pipeline rather than just paying market prices, and so on and so forth.

 

No other advanced country would allow such a parasite(s) to rob the public so thoroughly. Hence, he/they stay and prosper off the public, and beyotch about it when the little people fight for their own rights and to keep more of their own hard-earned money.

 

I guess the real reason for all this Koch hysteria is because libtards find it easier to spell than "Halliburton."

[Guest guest]

Deduct it from their pensions or dock their pay.

 

http://gatewaypundit.rightnetwork.com/wp-content/uploads/2011/02/leftist.jpg

[Guest Guest]

I guess the real reason for all this Koch hysteria is because libtards find it easier to spell than "Halliburton."

libtard! lol i haven't seen that posted in hours! thanks simpleton woodchuck!

[Guest guest]

libtard! lol i haven't seen that posted in hours! thanks simpleton woodchuck!

 

Woodchuck said what?

[Guest Guest]

Let's not forget that while the people are suffering, the additional burdens the Republicans put on the people goes directly into the Koch brothers pockets and the other top 2%'s pockets to hold over us. We give them money to have more power over us. More power to regulate lower wages, thereby continually putting even more money into their pocket. How much money do they have to have or are they past the point of thinking about how much they have to have, and are you just thinking about how much power over their minions they need and want?

[Guest guest]

Let's not forget that while the people are suffering, the additional burdens the Republicans put on the people goes directly into the Koch brothers pockets and the other top 2%'s pockets to hold over us. We give them money to have more power over us. More power to regulate lower wages, thereby continually putting even more money into their pocket. How much money do they have to have or are they past the point of thinking about how much they have to have, and are you just thinking about how much power over their minions they need and want?

 

Koch Derangement Syndrome (KDS)

[Guest Guest]

Where was the austere voice of Mr. Koch when George W. Bush was trashing the surplus he was handed, waging off-the-books wars and making unfunded cuts to taxation? The fact that Koch is speaking out now, both with his voice and his money, where he was silent before, makes him just another (albeit fabulously wealthy) political hack masquerading as a "concerned citizen."

[Guest Guest]

Koch Derangement Syndrome (KDS)

You are a follower and you don't even know why. That is the crust of the tea party.

[Guest Guest]

Koch Derangement Syndrome (KDS)

The cult of education establishment.

[Guest guest]

The cult of education establishment.

 

Wisc. Public Employees Invest in Koch-Owned Company

 

http://nation.foxnews.com/politics/2011/03/01/wisc-public-employees-invest-koch-owned-company

 

Delicious…….

[Guest Guest]

Wisc. Public Employees Invest in Koch-Owned Company

 

http://nation.foxnews.com/politics/2011/03/01/wisc-public-employees-invest-koch-owned-company

 

Delicious…….

 

The turd in the punch bowl! hahaha

[Guest guest]

The turd in the punch bowl! hahaha

 

Turd in the punch bowl said what?

[Guest Guest]

Wisc. Public Employees Invest in Koch-Owned Company

 

http://nation.foxnews.com/politics/2011/03/01/wisc-public-employees-invest-koch-owned-company

 

Delicious…….

LOL, It's all about the money. The education complex isn't fooling anyone.

[Guest Guest]

LOL, It's all about the money. The education complex isn't fooling anyone.

 

 

So the investment firm that manages the retirement fund invests in a company and it's all about the money...

 

You know that's sort of how investment firms managing retirement funds tend to operate, they invest funds in companies that are projected to make money, so they get a return on the investment, making the retirement fund better. I'm really confused how this has any bearing on the discussion though.