Banksters Disguised as Oilmen: the Koch Brothers

[McCamy Taylor]

Q: What do you call pigs that dine at the public trough?

A: Some would call them cannibals. I call them "Kochs".

Intro. As I have tried to show in my last two journals, the Koch Brothers do not make money. They get it from the U.S. government. They feed their cows our grass. They cut down our trees for their paper. They are paid (by us) to stockpile their oil, so they can then turn around and price gouge consumers for gas based upon “dwindling supplies.” The Koch Brothers are corporate fascism at its finest. In their world view, we work and pay taxes so that they can siphon off their cut. They want all natural resources on public lands turned over to “private” (read “Koch”) hands. They want the oil they were paid to place in the Strategic Oil Reserve back---so they can sell it to us again. And they want our Social Security and Medicare. Why? So they can “invest” it in some of their fine, tax payer subsidized businesses.

I. The Koch Brothers Have Plans for Your Social Security

Want to know what the Koch Brothers think? You don’t need their personal telephone numbers. Just check out their conservative mouthpiece, the Cato Institute.

The Koch Brothers aren’t mean. They are just greedy. The Koch Brothers have no objection to elderly Americans eating. They do not lose sleep over the thought of the disabled having electricity to power their ventilators. The Koch Brothers want to strangle Social Security in Grover Norquist’s bathtub, because they want to “invest” your money. The same way that Enron “invested” our money. The same way that the banksters “invested” our money.

http://www.cato-at-liberty.org/the-case-for-social-security-personal-accounts/

Do you want to “invest” your retirement money in an oil business whose main business is oil price manipulation? Before you say “yes”, you might want to ask some of the folks who “invested” in Enron energy price manipulation.

II. The Koch Brothers Have Plans for Your Medicare

The Cato Institute thinks that a government managed health insurance plan is wasteful. They believe that we would be better off if every senior and disabled American received an $11,000 check each year, no strings attached.

http://www.cato.org/pub_display.php?pub_id=13349

How sweet. They want us to get $11,000 a year. I wonder what they want us to do with the money? You can find the answer in this PDF file:

http://www.cato.org/pubs/handbook/hb111/hb111-12.pdf

The Koch Brothers want us to invest our Medicare money. In individual retirement accounts that will be managed by the same folks who lost our retirement money. Because you can never throw too much good money after bad.

You might be wondering how a pair of oilmen intend to profit from all that extra investment money which will be floating around once the GOP House has savaged Social Security and Medicare. It is simple. Koch Industries includes Koch Supply & Trading, which advertises that it markets to investors, pension funds, retirement funds.

http://www.scribd.com/doc/52622211/Koch-Industries-Supply-and-Trading-LP

So, tea drinkers beware. The Kochs do not want to cut your taxes. They want to devour your taxes. And when their “investments” go belly up, they will run to you (their defrauded investors) for a bailout to help them pay for their corporate jets and CEO bonuses. It worked for JP Morgan and Goldman Sachs. Why shouldn't it work for them?

[freshwest]

1. Wow. Awesome. May I share it?

[aquart]

2. So what happens to Koch cash if we default?

[kimsarah]

4. Probably

Like Eric Cantor, they've got good amounts in hedge funds betting on a default, so they wouldn't lose either way.

[johnd83]

3. Involuntary tax to the rich

We are forced to pay an "involuntary tax" to the richest Americans to access our economy.

[secondwind]

5. This is amazing information, Thanks for posting! K&R

[sulphurdunn]

6. I read the Cato links

Did you know that powerful, greedy seniors are stealing the futures of younger workers using Medicare? Gosh, and I thought that powerful, greedy (rich) seniors wanted to privatize Medicare. Be that as it may, I was most impressed with Cato's ethical defense of the need for government to free young "workers" from the bondage of paying for public Medicare and to pass that burden off to efficient, free market, for profit humanitarians. Cato's heart felt(and new) concern for workers is touching :rofl:

I've been reading and listening to what right wing think tanks have to say about social and economic issues for years. Not one of them has ever been right about the real world consequences of their propositions. Not one. Not once that I know of.

[lonestarnot]

7. K & R

But they are also mean.

[midnight]

8. If Koch and it's friends at Cato are promoting: A Medicare Reform Model Everyone Can Love

I'm wondering if the 11,000 they believe we all need to survive a medical emergency is good enough for them to?