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OpEdNews Op Eds    H1'ed 7/20/11

Balance the Budget on the Backs of Billionaires

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David Koch, New York, NY

Like Charles Koch (see his entry) David Koch has $22 billion and got rich by inheriting a fortune.

If anything, David does more damage than Charles.  He founded and chairs the Americans for Prosperity Foundation, is a director of the Cato Institute, and serves as a trustee of the Reason Foundation.  Americans for Prosperity has spent $45 million on rightwing candidates.

David Koch himself was the Libertarian Party's vice-presidential candidate in 1980, running on promises to end Social Security, welfare, minimum wage standards, campaign spending limits, corporate taxation, the EPA, the SEC, and OSHA, among other things.

Here's a blogger pretending to be David Koch gaining all kinds of access to Wisconsin Governor Scott Walker: audio.

Here's an interview with the real David Koch: video.

Balance the budget on his back!

 

Kenneth Langone, Sands Point, NY

Langone has $1.3 billion.  He doesn't work for a living, so taxing his income is not a real priority.  He makes money from investments.

Langone co-founded the ChoicePoint data-mining company whose subsidiary DBT Online, under a no-bid contract from Florida Secretary of State Katherine Harris, gave Florida a list of felons to remove from election rolls in 2000, including 8,000 mostly African-American and Latino names of people who were not actually felons.

Langone also co-founded top Bush contributor Home Depot, which picked up a $48 million tax break in a Bush-Cheney energy bill, and which saw one of its stores used as the setting for a Bush speech on the economy -- which may have helped the speech, but certainly not the economy.

Langone chaired the New York Stock Exchange's compensation committee and was forced to testify when Eliot Spitzer prosecuted Richard Grasso, the former chief of the Stock Exchange who had been given $187 million. Langone also attempted to purchase the New York Stock Exchange, a move that might have given him freer reign.

Balance the budget on his back!

 

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David Swanson is the author of "When the World Outlawed War," "War Is A Lie" and "Daybreak: Undoing the Imperial Presidency and Forming a More Perfect Union." He blogs at http://davidswanson.org and http://warisacrime.org and works for the online (more...)
 
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