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Health & Fitness

The Koch Brothers--Defined

The Koch Brothers are the poster children for Billionaires Behaving Badly, and if their craven imitation of pigs at the trough doesn't piss off even rock-ribbed conservatives, perhaps they'd better turn in those Ronald Reagan prayer candles. This is from the AP:

"Several big corporations have reaped millions of dollars from "Obamacare" even as they support GOP candidates who vow to repeal the law. This condemn-while-benefiting strategy angers Democrats, who see some of their top congressional candidates struggling against waves of anti-Obamacare ads partly funded by these companies.

Among the corporations is a familiar Democratic nemesis, Koch Industries, the giant conglomerate headed by the billionaire brothers Charles and David Koch. They and some conservative allies are spending millions of dollars to hammer Democratic senators in North Carolina, Alaska, Colorado, Iowa and elsewhere, chiefly for backing President Barack Obama's health care overhaul.

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Senate Majority Leader Harry Reid, D-Nev., renewed his criticisms of the Kochs this week. In a Senate chamber speech, Reid noted that Koch Industries benefited from a temporary provision of the health care law.

The Early Retiree Reinsurance Program, Reid said, "helped the company pay health insurance costs for its retirees who are not covered by Medicare." Reid asked sarcastically: "So it's OK for Koch Industries to save money through Obamacare" even as Koch-related groups seek the law's repeal.

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When Congress enacted the health care law in 2010, it appropriated $5 billion for the temporary reinsurance program. The goal was to subsidize employers' costs for workers who retire before they become eligible for Medicare. Hundreds of employers applied — many were corporations, cities and public universities — and virtually all the money was soon distributed.

"If the Affordable Care Act is so awful," Reid asked, "why did Koch Industries use it to their advantage?"

Federal records show that Koch Industries received $1.4 million in early retiree subsidies. That's considerably less than the sums many other employers received. A Koch Industries spokesman said he had no comment on Reid's latest criticisms."

Surprise, surprise! The Koch Brothers loves 'em some corporate welfare! The dead-eyed duo has gone all Wal-Mart on us, sucking at the federal teat while crying over the spilled milk of the law of the land. They continue to represent the worst this country has to offer.

And that's just one thing that makes you go, "Hmmm"...


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