The Roots of Stalin in the Tea Party Movement | Economy | AlterNet

An excerpt from Alternet:

The Roots of Stalin in the Tea Party Movement

The Koch family, America’s biggest financial backers of the Tea Party, would not be the billionaires they are today were it not for the godless empire of the USSR.

April 17, 2010 |

The Tea Party movement's dirty little secret is that its chief financial backers owe their family fortune to the granddaddy of all their hatred: Stalin's godless empire of the USSR. The secretive oil billionaires of the Koch family, the main supporters of the right-wing groups that orchestrated the Tea Party movement, would not have the means to bankroll their favorite causes had it not been for the pile of money the family made working for the Bolsheviks in the late 1920s and early 1930s, building refineries, training Communist engineers and laying down the foundation of Soviet oil infrastructure.

The comrades were good to the Kochs. Today Koch Industries has grown into the second-largest private company in America. With an annual revenue of $100 billion, the company was just $6.3 billion shy of first place in 2008. Ownership is kept strictly in the family, with the company being split roughly between brothers Charles and David Koch, who are worth about $20 billion apiece and are infamous as the largest sponsors of right-wing causes. They bankroll scores of free-market and libertarian think tanks, institutes and advocacy groups. Greenpeace estimates that the Koch family shelled out $25 million from 2005 to 2008 funding the “climate denial machine,” which means they outspent Exxon Mobile three to one.

via The Roots of Stalin in the Tea Party Movement | Economy | AlterNet.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: