You gotta hand it to Charles G. Koch: The guy’s got chutzpah.
This morning, the Wall Street Journal ran an opinion piece from the infamous CEO of Koch Industries, the oil and gas (and many other things) giant that Forbes pegged as the second-largest private company in the world in 2010. The topic of the piece? The dangers of “crony capitalism,” the again-in-vogue term used by the right to assail the president’s efforts to subsidize anything that the right doesn’t like. (He wrote something similar last year; here’s Mother Jones’ excellent takedown of that one.)
Let’s see what the honorable Mr. Koch has to say today, shall we? Some selected excerpts.
Businesses have failed to make the case that government policy—not business greed—has caused many of our current problems. To understand the dreadful condition of our economy, look no further than mandates such as the Fannie Mae and Freddie Mac “affordable housing” quotas, directives such as the Community Reinvestment Act, and the Federal Reserve’s artificial, below-market interest-rate policy.
Far too many businesses have been all too eager to lobby for maintaining and increasing subsidies and mandates paid by taxpayers and consumers. This growing partnership between business and government is a destructive force, undermining not just our economy and our political system, but the very foundations of our culture.
Charles Koch hates hates hates subsidies.
By subsidizing and mandating politically favored products in the energy sector (solar, wind and biofuels …), the government is pushing up energy prices for all of us — five times as much in the case of wind-generated electricity. And by putting resources to less-efficient use, cronyism actually kills jobs rather than creating them. …
The effects on government are equally distorting — and corrupting. Instead of protecting our liberty and property, government officials are determining where to send resources based on the political influence of their cronies. In the process, government gains even more power and the ranks of bureaucrats continue to swell.
Yes, Charles Koch hates subsidies — except the hundreds of millions of government dollars going to Koch Industries. (See ThinkProgress’ two-part report: “How Koch Industries Makes Billions By Demanding Bailouts And Taxpayer Subsidies” and “How Koch Industries Makes Billions Corrupting Government And Polluting For Free.”)
Only a horrible cynic would suggest that such generosity from our elected leaders is the result of Koch’s multi-million-dollar lobbying efforts. Yes, so far this year, Koch Industries has run up a $5.3 million tab on lobbying federal officials. (This year.) But that’s all about social issues, no doubt.
Nor is the company thrifty when it comes to campaign contributions. Here is a list of the members of Congress for whom his Koch Industries is listed as a “top contributor” by OpenSecrets — in other words, for whom Koch Industries is one of the top 20 campaign contributors.
- Koch Industries to Adam Kinzinger (R) in 2012
- Koch Industries to Adrian Smith (R) in 2012
- Koch Industries to Alan Nunnelee (R) in 2012
- Koch Industries to Andy Harris (R) in 2012
- Koch Industries to Ann Marie Buerkle (R) in 2012
- Koch Industries to Bill Flores (R) in 2012
- Koch Industries to Bill Huizenga (R) in 2012
- Koch Industries to Bill Johnson (R) in 2012
- Koch Industries to Bill Shuster (R) in 2012
- Koch Industries to Blake Farenthold (R) in 2012
- Koch Industries to Bob Gibbs (R) in 2012
- Koch Industries to Bobby Schilling (R) in 2012
- Koch Industries to Cathy McMorris Rodgers (R) in 2012
- Koch Industries to Charles W. Boustany Jr (R) in 2012
- Koch Industries to Charlie Dent (R) in 2012
- Koch Industries to Chuck Fleischmann (R) in 2012
- Koch Industries to Cliff Stearns (R) in 2012
- Koch Industries to Collin C. Peterson (D) in 2012
- Koch Industries to Connie Mack (R) in 2012
- Koch Industries to Cory Gardner (R) in 2012
- Koch Industries to Dan Benishek (R) in 2012
- Koch Industries to Dan Boren (D) in 2012
- Koch Industries to Dan Coats (R) in 2012
- Koch Industries to Dan Lungren (R) in 2012
- Koch Industries to Dana Rohrabacher (R) in 2012
- Koch Industries to Daniel Webster (R) in 2012
- Koch Industries to Darrell Issa (R) in 2012
- Koch Industries to David McKinley (R) in 2012
- Koch Industries to David Schweikert (R) in 2012
- Koch Industries to Dean Heller (R) in 2012
- Koch Industries to Dennis Ross (R) in 2012
- Koch Industries to Denny Rehberg (R) in 2012
- Koch Industries to Devin Nunes (R) in 2012
- Koch Industries to Diane Black (R) in 2012
- Koch Industries to Douglas L. Lamborn (R) in 2012
- Koch Industries to Ed Whitfield (R) in 2012
- Koch Industries to Eric Cantor (R) in 2012
- Koch Industries to Francisco Canseco (R) in 2012
- Koch Industries to Frank D. Lucas (R) in 2012
- Koch Industries to Frank Guinta (R) in 2012
- Koch Industries to Fred Upton (R) in 2012
- Koch Industries to Glenn Thompson (R) in 2012
- Koch Industries to Greg Walden (R) in 2012
- Koch Industries to Jack Kingston (R) in 2012
- Koch Industries to Jaime Herrera Beutler (R) in 2012
- Koch Industries to James D. Jordan (R) in 2012
- Koch Industries to James E. Risch (R) in 2012
- Koch Industries to James M. Inhofe (R) in 2012
- Koch Industries to James W. DeMint (R) in 2012
- Koch Industries to Jeb Hensarling (R) in 2012
- Koch Industries to Jeff Duncan (R) in 2012
- Koch Industries to Jeff Sessions (R) in 2012
- Koch Industries to Jerry Moran (R) in 2012
- Koch Industries to Jim Renacci (R) in 2012
- Koch Industries to Joe Barton (R) in 2012
- Koch Industries to Joe Heck (R) in 2012
- Koch Industries to Joe Pitts (R) in 2012
- Koch Industries to Joe Walsh (R) in 2012
- Koch Industries to Joe Wilson (R) in 2012
- Koch Industries to John Barrasso (R) in 2012
- Koch Industries to John Barrow (D) in 2012
- Koch Industries to John Carter (R) in 2012
- Koch Industries to John Cornyn (R) in 2012
- Koch Industries to John Culberson (R) in 2012
- Koch Industries to John Hoeven (R) in 2012
- Koch Industries to John Kline (R) in 2012
- Koch Industries to John L. Mica (R) in 2012
- Koch Industries to John M. Shimkus (R) in 2012
- Koch Industries to John Thune (R) in 2012
- Koch Industries to Jon Runyan (R) in 2012
- Koch Industries to Justin Amash (R) in 2012
- Koch Industries to Kelly Ayotte (R) in 2012
- Koch Industries to Kenny Marchant (R) in 2012
- Koch Industries to Kevin McCarthy (R) in 2012
- Koch Industries to Kevin Yoder (R) in 2012
- Koch Industries to Kristi Noem (R) in 2012
- Koch Industries to Lamar Smith (R) in 2012
- Koch Industries to Larry Bucshon (R) in 2012
- Koch Industries to Lee Terry (R) in 2012
- Koch Industries to Lisa Murkowski (R) in 2012
- Koch Industries to Lou Barletta (R) in 2012
- Koch Industries to Louis B. Gohmert Jr (R) in 2012
- Koch Industries to Lynn Jenkins (R) in 2012
- Koch Industries to Marco Rubio (R) in 2012
- Koch Industries to Mario Diaz-Balart (R) in 2012
- Koch Industries to Mark Amodei (R) in 2012
- Koch Industries to Mark Kirk (R) in 2012
- Koch Industries to Marlin Stutzman (R) in 2012
- Koch Industries to Marsha Blackburn (R) in 2012
- Koch Industries to Michael Burgess (R) in 2012
- Koch Industries to Michael G. Fitzpatrick (R) in 2012
- Koch Industries to Michael McCaul (R) in 2012
- Koch Industries to Michael O. Johanns (R) in 2012
- Koch Industries to Michele Marie Bachmann (R) in 2012
- Koch Industries to Mick Mulvaney (R) in 2012
- Koch Industries to Mike Coffman (R) in 2012
- Koch Industries to Mike Conaway (R) in 2012
- Koch Industries to Mike Enzi (R) in 2012
- Koch Industries to Mike Kelly (R) in 2012
- Koch Industries to Mike Pence (R) in 2012
- Koch Industries to Mike Pompeo (R) in 2012
- Koch Industries to Mike Rogers (R) in 2012
- Koch Industries to Mike Ross (D) in 2012
- Koch Industries to Mitch McConnell (R) in 2012
- Koch Industries to Morgan Griffith (R) in 2012
- Koch Industries to Nan Hayworth (R) in 2012
- Koch Industries to Orrin G. Hatch (R) in 2012
- Koch Industries to Pat Roberts (R) in 2012
- Koch Industries to Pat Toomey (R) in 2012
- Koch Industries to Patrick McHenry (R) in 2012
- Koch Industries to Patrick Meehan (R) in 2012
- Koch Industries to Paul Broun Jr (R) in 2012
- Koch Industries to Paul Gosar (R) in 2012
- Koch Industries to Paul Ryan (R) in 2012
- Koch Industries to Pete King (R) in 2012
- Koch Industries to Pete Olson (R) in 2012
- Koch Industries to Pete Sessions (R) in 2012
- Koch Industries to Peter Roskam (R) in 2012
- Koch Industries to Phil Gingrey (R) in 2012
- Koch Industries to Rand Paul (R) in 2012
- Koch Industries to Randy Hultgren (R) in 2012
- Koch Industries to Randy Neugebauer (R) in 2012
- Koch Industries to Raul Labrador (R) in 2012
- Koch Industries to Reid Ribble (R) in 2012
- Koch Industries to Renee Ellmers (R) in 2012
- Koch Industries to Richard Burr (R) in 2012
- Koch Industries to Richard Nugent (R) in 2012
- Koch Industries to Rick Berg (R) in 2012
- Koch Industries to Rick Crawford (R) in 2012
- Koch Industries to Rob Portman (R) in 2012
- Koch Industries to Rob Woodall (R) in 2012
- Koch Industries to Robert B. Aderholt (R) in 2012
- Koch Industries to Robert E. Latta (R) in 2012
- Koch Industries to Robert Hurt (R) in 2012
- Koch Industries to Roger Wicker (R) in 2012
- Koch Industries to Ron Johnson (R) in 2012
- Koch Industries to Roy Blunt (R) in 2012
- Koch Industries to Sam Graves (R) in 2012
- Koch Industries to Saxby Chambliss (R) in 2012
- Koch Industries to Scott Brown (R) in 2012
- Koch Industries to Scott Desjarlais (R) in 2012
- Koch Industries to Scott Garrett (R) in 2012
- Koch Industries to Scott Rigell (R) in 2012
- Koch Industries to Scott Tipton (R) in 2012
- Koch Industries to Sean P. Duffy (R) in 2012
- Koch Industries to Steve C. Austria (R) in 2012
- Koch Industries to Steve Chabot (R) in 2012
- Koch Industries to Steve Fincher (R) in 2012
- Koch Industries to Steve Pearce (R) in 2012
- Koch Industries to Steve Scalise (R) in 2012
- Koch Industries to Steve Southerland (R) in 2012
- Koch Industries to Steve Womack (R) in 2012
- Koch Industries to Steven A. King (R) in 2012
- Koch Industries to Steven Brett Guthrie (R) in 2012
- Koch Industries to Steven Palazzo (R) in 2012
- Koch Industries to Ted Poe (R) in 2012
- Koch Industries to Tim Griffin (R) in 2012
- Koch Industries to Tim Huelskamp (R) in 2012
- Koch Industries to Tim Scott (R) in 2012
- Koch Industries to Tim Walberg (R) in 2012
- Koch Industries to Todd Rokita (R) in 2012
- Koch Industries to Todd Young (R) in 2012
- Koch Industries to Tom Coburn (R) in 2012
- Koch Industries to Tom Cole (R) in 2012
- Koch Industries to Tom Graves (R) in 2012
- Koch Industries to Tom Latham (R) in 2012
- Koch Industries to Tom Price (R) in 2012
- Koch Industries to Trey Gowdy (R) in 2012
- Koch Industries to Vicky Hartzler (R) in 2012
- Koch Industries to Bill Cassidy (R) in 2010
- Koch Industries to Blanche Lincoln (D) in 2010
- Koch Industries to Bob Corker (R) in 2010
- Koch Industries to Bobby Bright (D) in 2010
- Koch Industries to Charles Djou (R) in 2010
- Koch Industries to Charlie A. Gonzalez (D) in 2010
- Koch Industries to Cynthia Marie Lummis (R) in 2010
- Koch Industries to Dave Camp (R) in 2010
- Koch Industries to David Scott (D) in 2010
- Koch Industries to David Vitter (R) in 2010
- Koch Industries to Erik Paulsen (R) in 2010
- Koch Industries to Gene Green (D) in 2010
- Koch Industries to Geoff Davis (R) in 2010
- Koch Industries to Gregg Harper (R) in 2010
- Koch Industries to Hal Rogers (R) in 2010
- Koch Industries to Henry Cuellar (D) in 2010
- Koch Industries to Jim Matheson (D) in 2010
- Koch Industries to Jo Bonner (R) in 2010
- Koch Industries to John Boehner (R) in 2010
- Koch Industries to John Campbell (R) in 2010
- Koch Industries to John Shadegg (R) in 2010
- Koch Industries to John Sullivan (R) in 2010
- Koch Industries to Johnny Isakson (R) in 2010
- Koch Industries to Kevin Brady (R) in 2010
- Koch Industries to Lincoln Diaz-Balart (R) in 2010
- Koch Industries to Lynn A. Westmoreland (R) in 2010
- Koch Industries to Marion Berry (D) in 2010
- Koch Industries to Mark Pryor (D) in 2010
- Koch Industries to Michael N. Castle (R) in 2010
- Koch Industries to Mike Simpson (R) in 2010
- Koch Industries to Parker Griffith (R) in 2010
- Koch Industries to Richard C. Shelby (R) in 2010
- Koch Industries to Shelley Moore Capito (R) in 2010
- Koch Industries to Solomon P. Ortiz (D) in 2010
- Koch Industries to Spencer Bachus (R) in 2010
- Koch Industries to Tim Murphy (R) in 2010
- Koch Industries to Todd Tiahrt (R) in 2010
- Koch Industries to Tom Rooney (R) in 2010
- Koch Industries to Adam H. Putnam (R) in 2008
- Koch Industries to Allen Boyd (D) in 2008
- Koch Industries to Ander Crenshaw (R) in 2008
- Koch Industries to Artur Davis (D) in 2008
- Koch Industries to Bob Goodlatte (R) in 2008
- Koch Industries to Bob Inglis (R) in 2008
- Koch Industries to Charles J. Melancon (D) in 2008
- Koch Industries to Charles W. “Chip” Pickering Jr. (R) in 2008
- Koch Industries to Chet Edwards (D) in 2008
- Koch Industries to Chris Cannon (R) in 2008
- Koch Industries to David Dreier (R) in 2008
- Koch Industries to Doc Hastings (R) in 2008
- Koch Industries to Don Young (R) in 2008
- Koch Industries to Elizabeth Dole (R) in 2008
- Koch Industries to F. James Sensenbrenner Jr. (R) in 2008
- Koch Industries to George Radanovich (R) in 2008
- Koch Industries to Gresham Barrett (R) in 2008
- Koch Industries to Jeff Flake (R) in 2008
- Koch Industries to Jerry Weller (R) in 2008
- Koch Industries to Jim Cooper (D) in 2008
- Koch Industries to Jim McCrery (R) in 2008
- Koch Industries to John Boozman (R) in 2008
- Koch Industries to John D. Dingell (D) in 2008
- Koch Industries to John E. Sununu (R) in 2008
- Koch Industries to John Tanner (D) in 2008
- Koch Industries to Jon Porter (R) in 2008
- Koch Industries to Kay Granger (R) in 2008
- Koch Industries to Larry Craig (R) in 2008
- Koch Industries to Lincoln Davis (D) in 2008
- Koch Industries to Marilyn Musgrave (R) in 2008
- Koch Industries to Mark E. Souder (R) in 2008
- Koch Industries to Mary Bono Mack (R) in 2008
- Koch Industries to Mary Fallin (R) in 2008
- Koch Industries to Mary L. Landrieu (D) in 2008
- Koch Industries to Mike Thompson (D) in 2008
- Koch Industries to Norm Coleman (R) in 2008
- Koch Industries to Rick Larsen (D) in 2008
- Koch Industries to Sam Brownback (R) in 2008
- Koch Industries to Steve Buyer (R) in 2008
- Koch Industries to Sue Myrick (R) in 2008
- Koch Industries to Ted Stevens (R) in 2008
- Koch Industries to Thelma Drake (R) in 2008
- Koch Industries to Tom Carper (D) in 2008
- Koch Industries to Tom Davis (R) in 2008
- Koch Industries to Trent Franks (R) in 2008
- Koch Industries to Vito Fossella (R) in 2008
- Koch Industries to Wally Herger (R) in 2008
- Koch Industries to William T. Sali (R) in 2008
- Koch Industries to Zach Wamp (R) in 2008
- Koch Industries to Adam Smith (D) in 2006
- Koch Industries to Anne M. Northup (R) in 2006
- Koch Industries to Barbara Cubin (R) in 2006
- Koch Industries to Bill Thomas (R) in 2006
- Koch Industries to Bobby Jindal (R) in 2006
- Koch Industries to Bud Cramer (D) in 2006
- Koch Industries to Charles H. Taylor (R) in 2006
- Koch Industries to Chris Chocola (R) in 2006
- Koch Industries to Christopher “Kit” Bond (R) in 2006
- Koch Industries to Craig Thomas (R) in 2006
- Koch Industries to Dennis Cardoza (D) in 2006
- Koch Industries to Dennis Hastert (R) in 2006
- Koch Industries to Ellen O. Tauscher (D) in 2006
- Koch Industries to Gene Taylor (D) in 2006
- Koch Industries to George Allen (R) in 2006
- Koch Industries to Gil Gutknecht (R) in 2006
- Koch Industries to Gregory W. Meeks (D) in 2006
- Koch Industries to Henry Bonilla (R) in 2006
- Koch Industries to James M. Talent (R) in 2006
- Koch Industries to Jim Ryun (R) in 2006
- Koch Industries to John Linder (R) in 2006
- Koch Industries to John M. McHugh (R) in 2006
- Koch Industries to John W. Warner (R) in 2006
- Koch Industries to Mark Kennedy (R) in 2006
- Koch Industries to Melissa Hart (R) in 2006
- Koch Industries to Michael E. Sodrel (R) in 2006
- Koch Industries to Mike Ferguson (R) in 2006
- Koch Industries to Mike McIntyre (D) in 2006
- Koch Industries to Nathan Deal (R) in 2006
- Koch Industries to Phil English (R) in 2006
- Koch Industries to Richard Baker (R) in 2006
- Koch Industries to Richard W. Pombo (R) in 2006
- Koch Industries to Rick Boucher (D) in 2006
- Koch Industries to Rick Santorum (R) in 2006
- Koch Industries to Robin Hayes (R) in 2006
- Koch Industries to Ron Kind (D) in 2006
- Koch Industries to Sanford D. Bishop Jr (D) in 2006
- Koch Industries to Tom Petri (R) in 2006
- Koch Industries to Trent Lott (R) in 2006
- Koch Industries to Virgil H. Goode Jr (R) in 2006
- Koch Industries to Billy Tauzin (R) in 2004
- Koch Industries to Chris John (D) in 2004
- Koch Industries to Don Nickles (R) in 2004
- Koch Industries to Evan Bayh (D) in 2004
- Koch Industries to George R. Nethercutt Jr (R) in 2004
- Koch Industries to Gordon H. Smith (R) in 2004
- Koch Industries to Jennifer Dunn (R) in 2004
- Koch Industries to Jim Davis (D) in 2004
- Koch Industries to Jim Ramstad (R) in 2004
- Koch Industries to Joe Lieberman (D) in 2004
- Koch Industries to John J. Duncan Jr (R) in 2004
- Koch Industries to Jon L. Kyl (R) in 2004
- Koch Industries to Ken Lucas (D) in 2004
- Koch Industries to Mark Foley (R) in 2004
- Koch Industries to Peter G. Fitzgerald (R) in 2004
- Koch Industries to Rick Renzi (R) in 2004
- Koch Industries to Sam Johnson (R) in 2004
- Koch Industries to Tom DeLay (R) in 2004
- Koch Industries to Ben Nighthorse Campbell (R) in 2002
- Koch Industries to Brad R. Carson (D) in 2002
- Koch Industries to Brian Baird (D) in 2002
- Koch Industries to Cal Dooley (D) in 2002
- Koch Industries to Ed Bryant (R) in 2002
- Koch Industries to J. C. Watts Jr (R) in 2002
- Koch Industries to Jim Bunning (R) in 2002
- Koch Industries to John Breaux (D) in 2002
- Koch Industries to John Ensign (R) in 2002
- Koch Industries to Kay Bailey Hutchison (R) in 2002
- Koch Industries to Lindsey Graham (R) in 2002
- Koch Industries to Mike Crapo (R) in 2002
- Koch Industries to Bill Luther (D) in 2000
- Koch Industries to Bob Kerrey (D) in 2000
- Koch Industries to Brian P. Bilbray (R) in 2000
- Koch Industries to Charles W. Stenholm (D) in 2000
- Koch Industries to David Minge (D) in 2000
- Koch Industries to Dick Armey (R) in 2000
- Koch Industries to E. Clay Shaw Jr (R) in 2000
- Koch Industries to Ernie Fletcher (R) in 2000
- Koch Industries to J. D. Hayworth (R) in 2000
- Koch Industries to James E. Rogan (R) in 2000
- Koch Industries to Jim Nussle (R) in 2000
- Koch Industries to Jim Turner (D) in 2000
- Koch Industries to John Ashcroft (R) in 2000
- Koch Industries to Mark Green (R) in 2000
- Koch Industries to Rod Grams (R) in 2000
- Koch Industries to Steve Largent (R) in 2000
- Koch Industries to Steven T. Kuykendall (R) in 2000
- Koch Industries to Susan Collins (R) in 2000
- Koch Industries to Tim Roemer (D) in 2000
- Koch Industries to Wayne Allard (R) in 2000
- Koch Industries to Wes Watkins (R) in 2000
- Koch Industries to William V. Roth Jr (R) in 2000
There’s undoubtedly a good, non-cronyism reason that Koch Industries is so generous; we look forward to Charles’ essay on that.
And this doesn’t even include the Kochs’ contributions to the shadowy world of the super PACs. Last month, ProPublica determined that the Americans for Prosperity PAC, founded by Charles and his brother David, was one of two PACs that outspent all other PACs combined. (The other massive super PAC is Karl Rove’s.) At last reporting, AFP has spent over $30 million in opposition to President Obama.
Koch, in the Wall Street Journal, also preaches that businesses ought to “act lawfully and with integrity.” Which makes this anecdote from the Seattle Times pertinent:
In May 2008, a unit of Koch Industries sent its newly hired compliance officer and ethics manager to investigate the management of a subsidiary in France. In less than a week, she discovered that the company had paid bribes to win contracts. …
“Those activities constitute violations of criminal law,” Koch Industries wrote in a Dec. 8, 2008, letter giving details of its findings. The letter was made public in a civil court ruling in France in September 2010; the document has never before been reported by the media.
Egorova-Farines wasn’t rewarded for bringing the illicit payments to the company’s attention. Her superiors removed her from the inquiry in August 2008 and fired her in June 2009, calling her incompetent, even after Koch’s investigators substantiated her findings.
But perhaps the most telling line in Koch’s editorial is this one:
To end cronyism we must end government’s ability to dole out favors and rig the market. Far too many well-connected businesses are feeding at the federal trough.
Far too many, indeed. In Charles Koch’s estimation, there should be only one.