Koch Dumps Big Bucks into Elections as it Dumps Employees

  • Posted on: 23 September 2010
  • By: Connor Gibson

The Huffington Post reported today that Koch Industries is being called out by the Democratic National Committee for spending millions on Republican political candidates while laying off over 100 employees.

The obvious, major irony here is just how big the oil industry plays the "job killer" card every single time anything threatens their monumental profits, exaggerating potential negative economic impacts while conveniently ignoring the benefits.

By the way, the new Forbes rankings are in--Charles and David Koch are now tied for the fifth richest Americans (each worth $21.5 billion) up from number nine (about 16 billion).  Another slap in the face to laid off employees.

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