The Roger Post: "Cleaning up America, one wet-nap at a time."
What exactly is Koch Industries and what companies do they own? Known mostly for their support of the Tea Party and extreme dislike of Obamacare, the two recently penned an open letter about their role in the government shut down.
Which got me to thinking; what products do these market titans own and that you may use everyday? You'll be surprised, and you probably use at least some of their stuff.
Lycra, Quilted Northern, Chemicals, Oil and Gas
Privately owned Koch Industries is the 2nd largest private company in America by revenue. As of October 2012 brothers Charles and David had a combined net worth of approximately $70-80 billion, with a 'b.'
And they got that way mostly with oil and gas exploration and production, chemicals and fertilizer (insert your own joke here).
Most of the things they make are sold to industry, but there are a few consumer products made in their Georgia-Pacific paper products subsidiary:
Paper products made by Koch Industries:
- Angel Soft
- Quilted Northern
- Soft n'Gentle
- Dixie (cups and plates)
- Mardi Gras
Fibers from their chemicals division make:
So whenever you use these products, including you athletic and earth hugging yoga wellness types, you are supporting the Koch brothers and Koch Industries.
Koch Brothers; Philanthropists
Koch charitable foundations give away about $30 million a year, roughly divided in half between conservative causes on one side and colleges and the arts and humanities on the other.
Oh, and is it me or do the Koch brothers resemble evil commodities billionaires Randolph and Mortimer Duke from the Eddie Murphy/Dan Ackroyd movie "Trading Places?" (See photo)