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Koch brothers may fight California oil tax

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Ernesto Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-09-11 12:02 PM
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Koch brothers may fight California oil tax
To Peter Mathews, the political timing seems perfect. A gallon of gas costs more than $4, the five largest oil companies have made $30 billion in profits this year, and California's higher education system is losing at least $1.4 billion to help balance the state's gargantuan budget deficit.

The political science professor at Cypress College, a community college in Orange County, drove to UC Berkeley on Friday to begin gathering support for a ballot measure to tax oil companies on the petroleum they extract in California and send the money - about $2 billion a year - to public schools.

But should his measure qualify for the November ballot, Mathews and liberal groups worry that a pair of deep-pocketed brothers could emerge to fight the initiative: Charles and David Koch (pronounced "coke") of Kansas, who have used the billions they've made in the oil industry to try to reshape national politics in their conservative, free-market image.

http://www.sfgate.com/cgi-bin/article.cgi?file=/c/a/2011/05/09/MN561I5MQC.DTL
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KamaAina Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-09-11 12:10 PM
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1. We have a Koch problem...
we need help. An intervention may be in order.
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mkz77655 Donating Member (50 posts) Send PM | Profile | Ignore Mon May-09-11 12:32 PM
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2.  +1
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Auggie Donating Member (1000+ posts) Send PM | Profile | Ignore Mon May-09-11 04:26 PM
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3. Fine with me... let them blow their money
Decency and common sense will prevail in California!
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DreamSmoker Donating Member (442 posts) Send PM | Profile | Ignore Mon May-09-11 08:41 PM
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4. Thanks to our Supreme Court
These Boys are worth Hundreds of billions of Dollars...
Thanks to our Supreme Court .. They have enough cash to play Political Power games to give themselves the Advantage..
Their involvement into what California does s just that..
http://en.wikipedia.org/wiki/Koch_family

The United States of America Inc. runs this Country now.. Not the States or you and I...
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