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Friday, April 23, 2010

A People's History of Koch Industries: How Stalin Funded the Tea Party Movement http://exiledonline.com/a-peoples-history-of-koch-industries-how-stalin-funded-the-tea-party-movement/

Everyone knows that Tea Party revolutionaries fear and hate socialism about as much as the Antichrist. Which is funny, because the Tea Party movement’s dirty little secret is that it owes its existence to the grandaddy of all Antichrists: the godless empire of the USSR.

What few realize is that the secretive oil billionaires of the Koch family, the main supporters of the right-wing groups that orchestrated the Tea Party movement, would not have the means to bankroll their favorite causes had it not been for the pile of money the family made working for the Bolsheviks in the late 1920s and early 1930s, building refineries, training Communist engineers and laying down the foundation of Soviet oil infrastructure.

The comrades were good to the Kochs. Today Koch Industries has grown into the second-largest private company in America. With an annual revenue of $100 billion, the company was just $6.3 billion shy of first place in 2008. Ownership is kept strictly in the family, with the company being split roughly between right-wing brothers Charles and David Koch, who are worth about $20 billion apiece and are infamous as the largest sponsors of right-wing causes.

They bankroll scores of free-market and libertarian think tanks, institutes and advocacy groups. Reason magazine, Heritage Foundation and Cato Institute are just a few of Koch-backed free-market operations. Greenpeace estimates that the Koch family shelled out $25 million from 2005 to 2008 funding the “climate denial machine,” which means they outspent Exxon Mobile three to one.

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