As restrictions on media ownership are stripped away, corporations like Hubbard's monopolize more outlets. As this happens, a handful of Stanley Hubbards acquire the means to rewrite more laws, creating a vicious cycle.
Hubbard gave Newt Gingrich's American Solutions for Winning the Future (a Gingrich phrase before an Obama one) $100,000.
He funds lots of candidates, most of them Republican, including Michelle Bachmann.
Balance the budget on his back!
Charles Koch, Wichita, Kan.
Charles Koch has $22 billion, and his brother David another $22 billion, giving them fifth and sixth places in the list of grotesquely wealthy U.S. citizens. Together they probably do more damage than the four people above them or the 394 people below them on the list. All eleven billionaires in this collection have attended their annual rightwing retreats.
The Kochs' father invented a way to turn heavy oil into gasoline. The Kochs inherited a fortune, as all truly responsible people do.
Koch industries is invested in gas and oil pipelines and refineries, fertilizer, fibers and polymers, and chemicals. In 2010, Koch Industries was named one of the United States' top 10 air polluters by the University of Massachusetts at Amherst's Political Economy Research Institute.
Charles cofounded the Cato Institute . He is a board member and funder of the Mercatus Center. He funds the Heritage Foundation and Americans for Prosperity. Koch Industries funds the American Legislative Exchange Council (ALEC). Charles Koch has said he's been pleased by the Tea Party's accomplishments. The Kochs have given more than $100 million to rightwing groups since the 1980s. Their political action committee gives more to federal candidates than any other oil-and-gas PAC.
The Kochs also pressure their 50,000 employees to vote the "right" way, sending them letters warning of harm to their families, jobs, and country, if they don't vote as the Kochs advise.
Balance the budget on his back!
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