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2016 Postmortem
Showing Original Post only (View all)The Koch Brothers Have Gotten Much, Much Richer Under Obama [View all]
Their net worth has more than doubled since the president was elected.
Sam Levine
Associate Politics Editor, The Huffington Post
Charles and David Koch, the billionaire brothers who have spent hundreds of millions of dollars building a conservative network to oppose Democrats, have actually done very well for themselves since President Barack Obama took office.
The Koch brothers, who believe strongly in a market-based libertarian philosophy, each had a net worth of $19 billion in 2008, the year Obama was elected to office, according to Forbes. The fortune dipped slightly in 2009 to $16 billion amid a financial crisis that was caused, in part, by the kind of limited government oversight they believe in.
But the Kochs have rebounded nicely. According to Forbes, the brothers are now worth $41 billion each, meaning their fortune has more than doubled under Obama.
http://www.huffingtonpost.com/entry/koch-brothers-net-worth_us_56a3ac86e4b076aadcc6d1f4
Sam Levine
Associate Politics Editor, The Huffington Post
Charles and David Koch, the billionaire brothers who have spent hundreds of millions of dollars building a conservative network to oppose Democrats, have actually done very well for themselves since President Barack Obama took office.
The Koch brothers, who believe strongly in a market-based libertarian philosophy, each had a net worth of $19 billion in 2008, the year Obama was elected to office, according to Forbes. The fortune dipped slightly in 2009 to $16 billion amid a financial crisis that was caused, in part, by the kind of limited government oversight they believe in.
But the Kochs have rebounded nicely. According to Forbes, the brothers are now worth $41 billion each, meaning their fortune has more than doubled under Obama.
http://www.huffingtonpost.com/entry/koch-brothers-net-worth_us_56a3ac86e4b076aadcc6d1f4
For a little contrast on this story I'll add this as well.
More children are in poverty today than before the Great Recession
BY Laura Santhanam and Megan Hickey July 21, 2015 at
One out of five American children live in poverty, and we have the Great Recession to blame.
Thats according to a new report out today from the Annie E. Casey Foundation that tracks the overall well-being of children in the United States.
Today, 22 percent of children live in poverty, up from 18 percent in 2008.
Despite policies and programs designed to help families recover, the economic slowdown left many families behind, said Laura Speer. She is the foundations associate director for policy reform and advocacy and oversees the national KIDS COUNT project.
http://www.pbs.org/newshour/updates/childhood-well-study/
BY Laura Santhanam and Megan Hickey July 21, 2015 at
One out of five American children live in poverty, and we have the Great Recession to blame.
Thats according to a new report out today from the Annie E. Casey Foundation that tracks the overall well-being of children in the United States.
Today, 22 percent of children live in poverty, up from 18 percent in 2008.
Despite policies and programs designed to help families recover, the economic slowdown left many families behind, said Laura Speer. She is the foundations associate director for policy reform and advocacy and oversees the national KIDS COUNT project.
http://www.pbs.org/newshour/updates/childhood-well-study/
This is what "Status Quo" does for our children. It's immoral and obscene that our children go hungry while the 1% get the protection of our politicians. We can change this but there's only ONE way.

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The ultimate obscenity. Bernie has just reorganized the information and publicized it to
libdem4life
Jan 2016
#4
I think his first mistake was not tackling unemployment first. 900K lost their jobs the month he
roguevalley
Jan 2016
#32
93% of all economic gains have gone to the .01%, there's a serious problem with that!
Dont call me Shirley
Jan 2016
#17