Cato Senior Fellow: Koch Brothers Want To Take Over Cato Because 'Cato Wasn't Doing Enough To Defeat' Obama

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As ThinkProgress reported last week, energy barons Charles and David Koch recently filed a lawsuit attempting to seize majority control over the libertarian Cato Institute. According to Jerry Taylor, a senior fellow at Cato, this effort is part of a longstanding effort by the Kochs to transform Cato from a warehouse for radical libertarianism into something more purely concerned with electoral politics:
Last year, [the Kochs] used their shares to place two of their operatives -- Kevin Gentry and Nancy Pfotenhauer -- on our board against the wishes of every single board member save for David Koch. Last Thursday, they used their shares to force another four new board members on us (the most that their shares would allow at any given meeting)...

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At thinkprogress.org

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Looks to be way more complicated than all this.Los... by Natalie Oberman on Tuesday, Mar 6, 2012 at 6:02:46 PM