Friday, October 03, 2014

Koch a typical old world company where paying fines and civil suits is still their answer to exorbitant profits.

Nothing stops these companies. Fortunately, most are no longer disregarding laws, but, there is a profound reason Koch Industries in held tightly as a private enterprise able to break every law on the books while continuing to rack in profits. They care for no one besides their family laced company.

September 24, 2014
By Tim Dickinson

The enormity of the Koch (click here) fortune is no mystery. Brothers Charles and David are each worth more than $40 billion. The electoral influence of the Koch brothers is similarly well-chronicled. The Kochs are our homegrown oligarchs; they've 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 today's GOP. Koch-affiliated organizations raised some $400 million during the 2012 election, and aim to spend another $290 million to elect Republicans in this year's midterms. So far in this cycle, Koch-backed entities have bought 44,000 political ads to boost Republican efforts to take back the Senate....

...Koch touts only one top-line financial figure: $115 billion in annual revenue, as estimated by Forbes. By that metric, it is larger than IBM, Honda or Hewlett-Packard and is America's second-largest private company after agribusiness colossus Cargill. The company's stock response to inquiries from reporters: "We are privately held and don't disclose this information."...


...Under the nearly five-decade reign of CEO Charles Koch, the company has paid out record civil and criminal environmental penalties. And in 1999, a jury handed down to Koch's 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....

...Koch's climate pollution, meanwhile, outpaces oil giants including Valero, Chevron and Shell. Across its businesses, Koch generates 24 million metric tons of greenhouse gases a year....

Koch Industries is directly involved in the Canadian Tar Sands. That is how bad Koch Industries is to the American landscape. They don't care what occurs or who is killed along the way, their wealth simply buys them out of any tight spot and this is the primary financiers of the Republican Party.

Now, you tell me, with a financial backer like Koch Industries will the Republicans actually demand them to clean up their act? No. When voting for a Republican anyone in the electorate are voting for villains and scoundrels that will poison their air and water and add to the velocity of the next tornado or hurricane. The Kochs are old money that keeps getting dustier and dirtier with every passing day.

Petroleum coke, a waste byproduct of refining oil sands oil, is piling up along the Detroit River.

May 17, 2013
By Ian Austen


...And no one knows (click here) quite what to do about it, except Koch Carbon, which owns it.
The company is controlled by Charles and David Koch, wealthy industrialists who back a number of conservative and libertarian causes including activist groups that challenge the science behind climate change. The company sells the high-sulfur, high-carbon waste, usually overseas, where it is burned as fuel.
The coke comes from a refinery alongside the river owned by Marathon Petroleum, which has been there since 1930. But it began refining exports from the Canadian oil sands — and producing the waste that is sold to Koch — only in November....

The Great Lakes and St. Lawrence Seaway have received more than it's fair share of pollution over the decades. That was decades. Pollution from these industries has been ended a long time ago, ie: The Love Canal (click here), but, not for David and Charles Koch. After the American people have spent billions on rehabilitating the Great Lakes, the Kochs completely disregard the will of the people and continue to dump their toxic soups.

Yes, the Love Canal. That is how long Koch Industries have exceeded the capacity to be controlled while other PUBLIC companies came into compliance. 

...Mr. Masse wants the International Joint Commission, the bilateral agency that governs the Great Lakes, to investigate the pile. Michigan’s state environmental regulatory agency has submitted a formal request to Detroit Bulk Storage, the company holding the material for Koch Carbon, to change its storage methods. Michigan politicians and environmental groups have also joined cause with Windsor residents. Paul Baltzer, a spokesman for Koch’s parent company, Koch Companies Public Sector, did not respond to questions about its storage or the ultimate destination of the petroleum coke....

With Koch backing Republicans and seeking to control the legislature at the federal level is there any doubt any and all environmental controls will be rolled back and even worse dissolved to allow Koch to continue it's draconian practices that literally kill people with the pollution they produce.

Voting for a Koch Republicans is like voting for your own death. This family is heinous and continues their practices long after they have been outlawed by any other business. They simply pay fine, the lawsuits and continue to break the law and destroy lives.