With $42 billion and seven homes, why are the Kochs buying our democracy?
VIDEO by Brave New Foundation:
Charles and David Koch are worth $42 billion and make $13 million every day while vulnerable Americans struggle to afford shelter and groceries. Meet three Florida seniors who rely on Social Security and are fighting back against the Koch brothers attempt to make them homeless. They told the Kochs what’s on their minds.
David Koch’s Palm Beach home valued at $37 million
$12 million in renovations
David Koch’s Southampton home valued at $18 million.
10,748 sq ft / 7 bedrooms / 9 bathrooms
Davids Koch purchased Jackie Kennedy’s NYC apartment for $9.5 million
5,300 sq ft / 5 bedrooms / 5 baths
“There’s just no way we could fit another child in that apartment.” – David Koch
The Kochs moved. David Koch’s NYC home purchased for $18 million.
18 rooms / 9,000 sq ft
Charles Koch’s Aspen house valued at $7.9 million.
David Koch’s Aspen house valued at $15 million.
Charles Koch’s Wichita home:
5 bedrooms / 8 bathrooms / over 11,000 sq ft
David Koch bought a second property for the children’s playhouse.
David Koch pays $500,000 per week to charter a vacation yacht.
The Koch Brothers make $13 million a day.
Think Tank: (wikipedia) A think tank (or policy institute) is an organization that conducts research and engages in advocacy in areas such as social policy, political strategy, economy, science or technology issues, industrial or business policies, or military advice. Many think tanks are non-profit organizations, which some countries such as the United States and Canada provide with tax exempt status. Other think tanks are funded by governments, advocacy groups, or businesses, or derive revenue from consulting or research work related to their projects
Koch funded Think Tanks support foreclosing on working people’s houses.
Koch Brothers fund Think Tanks that argue for tax cuts that would save them tens of millions of dollars.
Think Tanks funded by the Koch Brothers have led the fight against providing healthcare for children by opposing SCHIP (State Children’s Health Insurance Program) (established by the federal government ten years ago to provide health insurance to children in families at or below 200 percent of the federal poverty line).
Koch Brothers give $30 million to Think Tanks to fight Environmental Regulation.
“The more unemployment insurance is available, the more people are likely to languish on unemployment.” – Koch Funded Reason Foundation (David Koch is on the Board of Trustees).
The Koch Brothers are spending millions by funding over 300 Think Tank Position Papers to destroy social security.