Friday, February 3, 2017

Speaking of Moneyed Influence

The billionaire industrialist Charles Koch, perhaps the most influential free-market activist in the nation, stood before 550 like-minded donors to declare his intention to fight key policies of President Donald Trump. "We cannot be partisan," he said as his guests sipped wine and the sun set over the mountains. "We can't say, 'O.K., this is our party, right or wrong.'"

[...]

With a budget of up to $400 million for the next two years, these deep-pocketed patrons now plan to fight Trump where they think he is wrong. And their list of objections is long, including Trump's plans for new border taxes to incentivize American production, his recent ban on refugees and immigrants from some Muslim-majority countries, and rumored proposals to fund a massive new infrastructure program to rebuild bridges, tunnels and airports with red ink.

[...]

This influence will be most felt among members of Congress, whom Trump will need to pass his agenda. The same activist organizations, campaign bankrolls and election-data systems that Koch used to help them get elected could be turned off or directed against them to fund primary challenges in the 2018 election. "Our secret sauce, so to speak," said Mark Holden, a longtime Koch lieutenant, "is the accountability play."

[...]

"No one wins in a trade war. Period," said Chart Westcott, a Dallas biotech investor who rolls his eyes at Trump's border-tariff plans. "We're selling airplanes and software. We're buying fruit and shoes."

[...]

"That border tax would be a catalyst to a Great Depression," [Denver-based energy CEO Chris Wright said.]

[...]

Koch allies also expressed dismay at Trump's pattern of calling out corporate leaders by name in tweets.

  Time
So....Banksters vs. Coporatists? The show just got more interesting.

...but hey, do what you want...you will anyway.

No comments: