As Tea Party Koch Brothers Earned An Extra $11 Billion In Recent Years, They Laid Off Thousands

[Donnachaidh]

http://www.alternet.org/newsandviews/article/458013/as_tea_party_koch_brothers_earned_an_extra_$11_billion_in_recent_years,_they_laid_off_thousands/

David and Charles Koch, co-owners of Koch Industries and primary financiers of the Tea Party, have amassed one of the world’s largest private fortunes and Koch Industries is the second largest privately held company in America. Koch sycophants in the media have attacked anyone daring to criticize the company because Koch Industries employs nearly 50,000 people, according to a study produced by Koch Industries last week. In the last two years, David and Charles Koch have jumped from each being worth $16 billion to now being worth $21.5 billion. That means together they went from being worth $31 billion dollars to being worth $42 billion today. David is now the richest man in New York City, and the pair are now on the nation’s top ten list for richest Americans.

However, at a time when the Koch brothers were enjoying spectacular financial gains, Koch Industries laid off well over 2,000 people. Using the same approximate “jobs multiplier” Koch Industries used in its study last week, that means Koch Industries extinguished nearly 8,000 jobs in recent years:

– Koch’s John Zink Company subsidiary laid off 63 people in Tulsa, Oklahoma.

– Koch’s Georgia Pacific subsidiary laid off 118 people at its Roxboro, North Carolina plant.

More at the link --

[katnapped]

1. SHOCKING!

No one could've predicted! :sarcasm:

[WhiteTara]

2. these "men" are obscene and evil

and I am sure there is a special place in hell for them. I wish there were a special place in jail for them in this life. I wonder if people in their circle like them, or if they see them for the arrogant bastards they are.

[David in Canada]

4. Agreed...

I honestly believe the Koch brothers are, at best, malignant narcissists, and, at worst, borderline psychopaths.

[WhiteTara]

5. leave off the borderline and I'd say

sociopaths. They have NO care for right or wrong, only their end goal.

[Initech]

6. The billionaires have their own special circle of hell.

[soryang]

3. But, but, but....

...their foundation gives money to the Lincoln Center and the Corporation for Public Broadcasting. After all, they are so civilized and socially respectable. :rofl:

In fact, they have automatically posted an ad on this website, so you people aren't misinformed about what they stand for.