consultants are sandburs

Tuesday, October 02, 2012

I buy the car, I drive the car.

David Koch. photo credit, AP, per Politico

The money quote from Politico,

“The Libertarian Party is a great concept. I love the ideals, but it got too far off the deep end, and so I dropped out,” Koch said. “I think the Republican Party has a great chance of being successful and that’s why I support it,” he said, adding “but I believe in the libertarian principles.”

[...] Koch declined to comment on a POLITICO report that he and his older brother, Charles, plan to steer nearly $400 million ahead of the 2012 election to conservative groups, including Americans for Prosperity, which has aired millions of dollars in attack ads against Obama and his congressional allies.

He also brushed off a question about whether there’s too much money in American politics, saying, “Well, it’s a free society. And people can invest what they want.”

[link and text bolding in original] The usual notion of investors who "invest what they want" is you commit parts of your wealth, however great, with each part being committed in expectation of gaining a greater payback. Investing in politicians by Koch Bros. must fit that paradigm. Expect that Koch Bros.' payback will come at your and my expense, or most accurately, at the expense of the environment everyone shares, with you and me seeing effective regulation gutted in order to better line the pockets of this pair of oil and gas maggots magnates. That is their ongoing profit-making business segment and they seek to invest in politicians' policies that they anticipate will substantially goose up their bottom line. Don't buy into any other story.

Further reading, "Romney: an Investment for the 1%?" Here.

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NOTE: For the uncluttered full Politico item, here. Arguably, it deserves your attention.

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