Monday, June 23, 2014

NY Times: "The Koch Cycle Of Endless Cash"

In an editorial, "The Koch Cycle of Endless Cash," the New York Times focuses on the right-wing activists Charles and David Koch using their billions to "lobby Congress against any limits on their ability to buy elections." So first the Kochs purchase politicians to do their bidding, then purchase lobbyists to enable them to continue doing so by blocking campaign finance reform. The editorial points out the workings of the corrupt oligarchy under which we live:

Koch Companies Public Sector, part of the industrial group owned by a well-known pair of conservative brothers, has hired a big-name firm to lobby Congress on campaign-finance issues, according to a registration form filed a few weeks ago. The form doesn’t say what those issues are, but there are several bills in the House that would reduce the role of anonymous big money in campaigns, and restrict the kinds of super PACs and nonprofit groups that the Koch brothers and others have inflated with cash.

The Senate is also planning to vote this year on a constitutional amendment that would overrule recent Supreme Court rulings and allow Congress and the states to limit donations to candidates, as well as spending on behalf of candidates. Clearly, it’s vital to the Kochs and others like them to prevent such limits from being enacted; their network raised $400 million in 2012, and it has been extremely active again this year. To that end, they have done something ordinary citizens cannot do: They hired the lobbying firm of a well-known former senator, Don Nickles, Republican of Oklahoma, to press their interests. Mr. Nickles started his firm a few months after leaving the Senate in 2005, and he takes in up to $8 million a year from big firms like Exxon Mobil, General Motors and Walmart.

...This is a perfect illustration of the cumulative power of cash in today’s Washington. Members of Congress get elected with substantial help from check writers like the Kochs and others. Once there, they do the bidding of former members paid by the Kochs to preserve their business interests and fight off campaign-finance reforms.

Illustration: Victor Juhasz

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