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The Kochs are our homegrown oligarchs theyve cornered the market on Republican politics and are nakedly attempting to buy Congress and the White House. Their political network helped finance the Tea Party and powers todays GOP. Koch affiliated organizations raised some 4. Republicans in this years midterms. So far in this cycle, Koch backed entities have bought 4. Republican efforts to take back the Senate. What is less clear is where all that money comes from. Koch Industries is headquartered in a squat, smoked glass building that rises above the prairie on the outskirts of Wichita, Kansas. The building, like the brothers fiercely private firm, is literally and figuratively a black box. Koch touts only one top line financial figure 1. Forbes. By that metric, it is larger than IBM, Honda or Hewlett Packard and is Americas second largest private company after agribusiness colossus Cargill. The companys stock response to inquiries from reporters We are privately held and dont disclose this information. But Koch Industries is not entirely opaque. The companys troubled legal history including a trail of congressional investigations, Department of Justice consent decrees, civil lawsuits and felony convictions augmented by internal company documents, leaked State Department cables, Freedom of Information disclosures and company whistle blowers, combine to cast an unwelcome spotlight on the toxic empire whose profits finance the modern GOP. Under the nearly five decade reign of CEO Charles Koch, the company has paid out record civil and criminal environmental penalties. And in 1. 99. 9, a jury handed down to Kochs pipeline company what was then the largest wrongful death judgment of its type in U. S. history, resulting from the explosion of a defective pipeline that incinerated a pair of Texas teenagers. The volume of Koch Industries toxic output is staggering. According to the University of Massachusetts Amhersts Political Economy Research Institute, only three companies rank among the top 3. Americas air, water and climate Exxon. Mobil, American Electric Power and Koch Industries. Thanks in part to its 2. Georgia Pacific, Koch Industries dumps more pollutants into the nations waterways than General Electric and International Paper combined. The company ranks 1. Kochs climate pollution, meanwhile, outpaces oil giants including Valero, Chevron and Shell. Across its businesses, Koch generates 2. For Koch, this license to pollute amounts to a perverse, hidden subsidy. The cost is borne by communities in cities like Port Arthur, Texas, where a Koch owned facility produces as much as 2 billion pounds of petrochemicals every year. In March, Koch signed a consent decree with the Department of Justice requiring it to spend more than 4. Clean Air Act. The toxic history of Koch Industries is not limited to physical pollution. It also extends to the companys business practices, which have been the target of numerous federal investigations, resulting in several indictments and convictions, as well as a whole host of fines and penalties. And in one of the great ironies of the Obama years, the presidents financial regulatory reform seems to benefit Koch Industries. The company is expanding its high flying trading empire precisely as Wall Street banks facing tough new restrictions, which Koch has largely escaped are backing away from commodities speculation. It is often said that the Koch brothers are in the oil business. Thats true as far as it goes but Koch Industries is not a major oil producer. Instead, the company has woven itself into every nook of the vast industrial web that transforms raw fossil fuels into usable goods. Koch owned businesses trade, transport, refine and process fossil fuels, moving them across the world and up the value chain until they become things we forgot began with hydrocarbons fertilizers, Lycra, the innards of our smartphones. The company controls at least four oil refineries, six ethanol plants, a natural gas fired power plant and 4,0. Until recently, Koch refined roughly five percent of the oil burned in America that percentage is down after it shuttered its 8. North Pole, Alaska, owing, in part, to the discovery that a toxic solvent had leaked from the facility, fouling the towns groundwater. From the fossil fuels it refines, Koch also produces billions of pounds of petrochemicals, which, in turn, become the feedstock for other Koch businesses. In a journey across Koch Industries, what enters as a barrel of West Texas Intermediate can exit as a Stainmaster carpet. Kochs hunger for growth is insatiable Since 1. Koch Industries has grown 4,2. Standard Poors index by nearly 3. On average, Koch projects to double its revenue every six years. Koch is now a key player in the fracking boom thats vaulting the United States past Saudi Arabia as the worlds top oil producer, even as its endangering Americas groundwater. In 2. 01. 2, a Koch subsidiary opened a pipeline capable of carrying 2. South Texas to Corpus Christi, where the company owns a refinery complex, and it has announced plans to further expand its Texas pipeline operations. In a recent acquisition, Koch bought Frac Chem, a top provider of hydraulic fracturing chemicals to drillers. Thanks to the Bush administrations anti regulatory agenda which Koch Industries helped craft Frac Chems chemical cocktails, injected deep under the nations aquifers, are almost entirely exempt from the Safe Drinking Water Act. Koch is also long on the richest but also the dirtiest and most carbon polluting oil deposits in North America the tar sands of Alberta. The companys Pine Bend refinery, near St. Paul, Minnesota, processes nearly a quarter of the Canadian bitumen exported to the United States which, in turn, has created for Koch Industries a lucrative sideline in petcoke exports. Denser, dirtier and cheaper than coal, petcoke is the dregs of tar sands refining. U. S. coal plants are largely forbidden from burning petcoke, but it can be profitably shipped to countries with lax pollution laws like Mexico and China. One of the firms subsidiaries, Koch Carbon, is expanding its Chicago terminal operations to receive up to 1. In June, the EPA noted the facility had violated the Clean Air Act with petcoke particulates that endanger the health of South Side residents. We dispute that the two elevated readings behind the EPA notice of violation are violations of anything, Kochs top lawyer, Mark Holden, told Rolling Stone, insisting that Koch Carbon is a good neighbor. Over the past dozen years, the company has quietly acquired leases for 1. Alberta oil fields, an area larger than Rhode Island. By some estimates, Kochs direct holdings nearly double Exxon. Mobils and nearly triple Shells. In May, Koch Oil Sands Operating LLC of Calgary, Alberta, sought permits to embark on a multi billiondollar tar sands extraction operation. This one site is projected to produce 2. U. S. oil. Charles Koch, the 7. CEO and chairman of the board of Koch Industries, is inarguably a business savant. He presents himself as a man of moral clarity and high integrity. The role of business is to produce products and services in a way that makes peoples lives better, he said recently. It cannot do so if it is injuring people and harming the environment in the process. The Koch familys lucrative blend of pollution, speculation, law bending and self righteousness stretches back to the early 2.

Rockwell Arena Crack