A Field Guide to the Koch O’ Nuts Behind the Near Government Default - PR Watch

[Bill USA]

http://www.prwatch.org/node/12274

In a city of manufactured crisis it is sometimes hard to distinguish real issues from fake ones, but the debt ceiling deadline is a serious issue. Since Congress failed to pass a budget, the Treasury Department ran out of authority to borrow months ago. October 17, 2013 was the day that the Treasury Department said it would be unable to juggle the accounts to pay the nation's obligations.

The consequences of a default to the economy would be catastrophic, stocks and pension funds would crash as interest rates would jump. Just the two-week government shutdown and the threat of default took a $24 billion dollar bite out of the economy, says the S&P.

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Koch Industries sent a letter to Congress saying the corporation controlled by two of the richest billionaires in the world was not responsible for the shutdown.

It’s time for a fact check. The Koch family foundations and the newest known Koch vehicle -- Freedom Partners, which is staffed with by operatives connected to the Kochs and housed in the same building as Charles Koch’s foundation -- have bankrolled practically every group working to create a fake grassroots uprising against the ACA. Many of the groups linked to the Kochs have also pushed an extreme “shut-it-down” position that led the U.S. to the brink of a historic government debt default.

(more)

- See more at: http://www.prwatch.org/node/12274#sthash.3gFy9seu.dpuf

[NYtoBush-Drop Dead]

1. Those Koch Suckers...

should watch that nobody drops a house on 'em.

[libodem]

2. I've been in a real uproar

Since that house fell on my sister.

Signed Sister Good Witch

PS.....Hope a house does fall on 'em.