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Why Hate the Koch Brothers? Part 1)Charles Koch, CEO of Koch Industries. Photo: Koch Industries)Our latest Freakonomics Radio episode is called “Why Hate the Koch Brothers? Part 1).” (You can subscribe to the podcast at Apple Podcasts or elsewhere, get the RSS feed, or listen via the media player above.)Charles Koch, the mega- billionaire CEO of Koch Industries and half of the infamous political machine, sees himself as a classical liberal. So why do most Democrats hate him so much? In a rare series of interviews, he explains his political awakening, his management philosophy and why he supports legislation that goes against his self- interest.

Below is a transcript of the episopde, modified for your reading pleasure. For more information on the people and ideas in the episode, see the links at the bottom of this post. *      *      *If I asked you to name a very famous, generally down- to- earth Midwestern billionaire — that’s easy, right? Clip from the University of Georgia: Would you please give a very warm welcome to the oracle of Omaha, Warren Buffett. No, not that famous Midwestern billionaire. War Child Online Putlocker. This one: Charles KOCH: My name is Charles Koch and I’m chairman and CEO of Koch Industries. He’s also one- half of the controversial entity known as the Koch brothers: Harry REID in a clip from his site: The Koch brothers are trying to buy America.

Bernie SANDERS in a clip from The Reid Report: They are, the Koch brothers, helping to lead the war against working families in this country. He must have seen this coming, right? KOCH: Look, I knew it would be nasty and unpleasant. I didn’t know it would be this dishonest.

Charles Koch isn’t much of a media fixture. But over the course of several weeks, he sat down with Freakonomics Radio for a series of conversations. He discussed what his critics say about him…KOCH: Most of the facts that I’m familiar with are wrong. How he first came to see modern politics as corrupt…KOCH: My first real brush with this was in 1. Nixon was campaigning. The Good Neighbor Full Movie.

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And why he’s so worried about America’s future: KOCH: We’re increasingly headed, under both Republicans and Democrats, toward a system of control, dependency, cronyism, pitting individuals and groups against each other and destroying opportunity and progress. He talked about the political issues of the day: KOCH: I would let anybody in who will make the country better, and no one who will make it worse. That would be the same of people who are here illegally… I’m not in favor of people doing drugs. On the other hand, extreme criminalization hasn’t worked .

Obviously, if the temperature continues to go up, at some point it can be harmful or are even very harmful. We ask the questions we know you’re thinking …Stephen J. DUBNER: Now the public line on you is that, “Everything that Charles Koch or the Koch Brothers advocate societally or politically is just an effort to protect or extend their business interests.” Make your best case how and why that’s not so. KOCH: We opposed extenders, the tax bill, which are tax exemptions. And we make a lot of money from those. We opposed this border- adjustment fee that would make us over a billion dollars a year. Do you want me to go on?

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Thirty years ago The Untouchables, Brian De Palma’s most commercial movie to that point, was released and helped launch Kevin Costner as an All-American star. This. Our latest Freakonomics Radio episode is called “Why Hate the Koch Brothers? (Part 1).” (You can subscribe to the podcast at Apple Podcasts or elsewhere, get the. Continues from: Part 4. If you need help identifying a long forgotten movie, you've come to the right place. We'd always recommend a bit of self-sufficient ke.

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We hear praise from some unlikely quarters: President Barack OBAMA in a clip from the White House: You’ve got the N. A. A. C. P. and the Koch brothers. No, you’ve got to give them credit. You got to call it like you see it.

And: we get to what kind of person Charles Koch really is: DUBNER: I have to say — and I say this with the utmost respect — you’re a total nerd, aren’t you? KOCH: No! What? I’m a fun- loving guy. I was a rugby player. You kidding me?*      *      *Charles Koch lives in Wichita, Kansas, which is where he grew up. He’s got a wife of many years and two grown kids — a daughter who’s a writer and book publisher; and a son, in Wichita, who is president of Koch Agronomics Services. Charles Koch was born in 1.

His brother David lives in New York; he’s also involved in Koch Industries, though less so than Charles; and he’s the other half of the so- called Koch Brothers political- funding machine. The othertwo brothers aren’t involved in either politics or Koch Industries — a reflection of decades of legal combat. If you like really nasty family feuds that last for decades and involve billion- dollar settlements, you might want to read a book called Sons of Wichita: How the Koch Brothers Became America’s Most Powerful and Private Dynasty. Koch Industries today, meanwhile, is the second- largest private firm in the U. S., after Cargill.

It was started by Charles Koch’s father, as an oil and engineering firm. Now it’s one of the biggest industrial conglomerates in the world, with 1. It deals in everything from chemicals and electronics to paper products and textiles. Some of its best- known brands: Georgia Pacific, Lycra and Stainmaster carpeting. Its annual revenues are estimated at about $1. Charles and David Koch are estimated to be worth nearly $5. Charles, in case you’re wondering, has no interest in retiring.

KOCH: If I did that I’d be dead in six months. DUBNER: Briefly tell me what you actually do in a given day. KOCH: Well, I get to work at 7 or a little before.

I meet with customers, with employees. I go over projects, opportunities, and problems. I gather information from all different sources. I’m very strong on driving innovation, creative destruction and making sure we have a learning organization and an innovative one. Koch Industries has been a gargantuan business success. Watch Zombie Town Download. But that’s not what made Charles Koch famous. That happened much more recently, when he intensified his funding of political and social causes, and political campaigns.

Because he has funded almost exclusively Republican candidates, and causes typically associated with Republicans, he is — at least in the eyes of most Democrats — an obvious enemy, a George Soros of the right. But he and his brother David have become more than just an enemy; they’re seen as a bête noire, plying the radical right with so- called “dark money” — that, in fact, is the name of the journalist Jane Mayer’s exposé on the Koch brothers. Jane MAYER in a clip from Democracy Now!: They’ve gathered around them a group of 4. American conservatives. And it’s given them the equivalent of a private plutocratic political party. So let’s try to untangle the rhetoric and the reality. And try to figure out if Charles Koch’s views are as doctrinaire as they’re sometimes portrayed or perhaps a bit more nuanced.

To understand his views — on politics and society and business — it probably helps to understand where they come from. Starting with … his father. Fred Koch had studied engineering at M. I. T. …KOCH: And he was tough. He was Dutch and his favorite saying was, “You can tell the Dutch, but you can’t tell him much.”In the 1. Fred Koch had a small oil- refining firm that he was trying to grow into a big one.

He aggressively challenged the industry leader — which, in turn, sued Koch for copying its technology. Eventually, he would lose in court. In the meantime, he looked for business overseas — and made his first millions building oil- refining facilities in Stalin’s Soviet Union. Which he hated — the statism and collectivism, the cronyism and corruption. What I saw in Russia,” Fred Koch later wrote, “convinced me that communism was the most evil force the world has ever seen and I must do everything in my power to fight it.” Back home, he helped start the John Birch Society, which took anti- communism to the point of nativism and racism.[MUSIC: “Policia At My Front Door”]Koch also learned that the lawsuit he lost had been rigged: the opponent bought off a judge. From this one pair of events in Fred Koch’s life — getting shut down by a crooked competitor and working under the direction of a communist dictator — you can see the entire blueprint for Charles Koch’s view of the world.

The enemies: cronyism, special interests and intrusive government.