Saturday, April 11, 2015

Koch Brothers and Rich Friends are buying Up Critics and stops investigations

http://www.csmonitor.com/Business/Robert-Reich/2015/0408/How-the-Koch-brothers-and-the-super-rich-are-buying-their-way-out-of-criticism

How the Koch brothers and the super-rich are buying their way out of criticism

It’s bad enough big money is buying off politicians. It’s also buying off nonprofits that used to be sources of investigation, information, and social change, from criticizing big money. 

Not long ago I was asked to speak to a religious congregation about widening inequality. Shortly before I began, the head of the congregation asked that I not advocate raising taxes on the wealthy.
He said he didn’t want to antagonize certain wealthy congregants on whose generosity the congregation depended.
I had a similar exchange last year with the president of a small college who had invited me to give a lecture that his board of trustees would be attending. “I’d appreciate it if you didn’t criticize Wall Street,” he said, explaining that several of the trustees were investment bankers.



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