SMRs and AMRs

Monday, March 21, 2011

GOP freshman Pompeo turned to Koch for money for business, then politics

Olivier Douliery / ABACA PRESS VIA MCT - “It should surprise no one that I’m out arguing for small government, reduced spending and getting our financial house in order, along with reasonable regulations and no more,“ says freshman Rep. Mike Pompeo (R-Kan.).

By Dan Eggen, Sunday, March 20, 11:14 PM
WashPost

When Mike Pompeo needed funding for a Wichita aerospace company, one of the places he and his partners went for help was Koch Industries, a hometown firm that is among the world’s largest privately held corporations.

Last year, Pompeo turned to Koch for help again — this time to support his successful campaign for a seat in the U.S. House of Representatives. Pompeo received $80,000 in donations from Koch and its employees, making him the top recipient of Koch-related money in the 2010 elections.

The contributions have put the House freshman in the middle of a broad partisan battle over the role of corporate money in U.S. politics, which has gained urgency in the aftermath of last year’s Supreme Court ruling allowing unfettered spending on elections. President Obama and other Democrats have repeatedly criticized the decision as giving unfair advantage to business interests, a claim that Republicans dispute.

Often mentioned in the debate over corporate political influence is Koch Industries, a conglomerate with holdings in oil, paper and other interests owned by brothers Charles and David Koch, whose combined net worth is estimated at $44 billion. The longtime conservatives have told supporters that they plan to spend tens of millions of dollars on the 2012 elections, and they have come under attack from Democrats for supporting union-busting Wisconsin Gov. Scott Walker (R).

(More here.)

1 Comments:

Blogger Tom said...

Those nasty conservatives, how dare they try to outspend unions when it comes to political contributions...

7:17 PM  

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