The government shutdown and looming threat of default have pitted House conservatives against the Republican Party's traditional allies in the business community. Populist Tea Partiers driven by ideology care little for the pleas for sanity from banking lobbyists and the Chamber of Commerce; indeed, they wear their disregard for Big Business as a badge of honor.
Where does that leave the Koch brothers? The billionaire industrialists have funded a sprawling empire of libertarian-conservative activism; they've been dubbed the bankrollers of the Tea Party. Liberals frequently accuse them of seeking deregulatory policies to further their company's financial interests. But what happens when the Tea Party's ideological warfare threatens to plunge the U.S. economy into chaos?
The Kochs Can't Control the Monster They Created
Justice Department to challenge North Carolina voter ID law
The Justice Department will file suit against North Carolina on Monday, charging that the Tar Heel State’s new law requiring voters to show photo identification at the polls violates the Voting Rights Act by discriminating against African-Americans, according to a person familiar with the planned litigation.
Attorney General Eric Holder is expected to announce the lawsuit at noon at Justice Department headquarters, flanked by the three U.S. attorneys from North Carolina.
Texas appeals court overturns conviction of former House leader DeLay
An appeals court in Austin, Texas, have overturned the money laundering conviction of former U.S. House Majority Leader Tom DeLay, R-Texas.
The 3rd Texas Court of Appeals formally acquitted DeLay of all charges, finding that prosecutors used "legally insufficient" evidence to convict him in 2010 of money laundering and conspiracy to commit money laundering. Prosecutors accused DeLay of attempting to influence the 2002 election in Texas by funneling corporate money to candidates through his political action committee, Texans for a Republican Majority.
Politico: The Koch brothers' secret bank
An Arlington, Va.-based conservative group, whose existence until now was unknown to almost everyone in politics, raised and spent $250 million in 2012 to shape political and policy debate nationwide.
The group, Freedom Partners, and its president, Marc Short, serve as an outlet for the ideas and funds of the mysterious Koch brothers, cutting checks as large as $63 million to groups promoting conservative causes, according to an IRS document to be filed shortly.
Get Ready to Support the Kochs, Liberal Apple Fans
Well, this is awkward: imagine if every time you went out and patronized your favorite store and bought your favorite product, you were putting money into the pocket of someone you loathe.
That’s the exquisite dilemma that Apple fanboys and fangirls of a liberal bent are about to face, now that a pair of left-wing hate objects have acquired a key supplier to the computer company.
With One Speech Elizabeth Warren Terrifies the Koch Brothers and The Supreme Court
In a brief speech at the AFL-CIO convention, Sen. Elizabeth Warren (D-MA) rocked the crowd by taking on the Koch brothers, and the corporate owned and operated conservative Supreme Court majority.
Sen. Warren called the Supreme Court conservative majority among the top ten pro-corporate justices of the last half century, and said, “You follow this pro-corporate trend to its logical conclusion, and sooner or later you’ll end up with a Supreme Court that functions as a wholly owned subsidiary of Big Business.”
The 1 percent played Tea Party for suckers
On Election Day, November 2, 2010, more than eight million Americans voted for congressional candidates who claimed to represent the Tea Party and its grassroots insurgency against the federal government. Most of the Tea Party candidates won. Their victory marked a sea change in American government.
Even before the winners were sworn in, reporters began to refer to the 112th Congress as “the Tea Party Congress.” On the day of the swearing-in, the prominent Tea Party backer David Koch likened the electoral success of the Tea Party to the American Revolution. “It’s probably the best grassroots uprising since 1776 in my opinion,” he said.
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