Koch Brothers

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David Koch was a billionaire, industrialist, philanthropist, political activist and onetime vice presidential candidate for the Libertarian Party.

Koch and his 83-year-old brother, Charles, ran Koch Industries, one of the nation’s largest privately held conglomerates. Its investments include subsidiaries involved with manufacturing, refining and distribution of chemicals, fibers and minerals.

Their father, Fred Koch, founded the company in 1940, the year David was born.

BESIDES BEING BILLIONAIRES and spending much of their fortunes to promote pet causes, the leftist financier George Soros and the right-wing Koch brothers have little in common. They could be seen as polar opposites. Soros is an old-fashioned New Deal liberal. The Koch brothers are fire-breathing right-wingers who dream of cutting taxes and dismantling government. Now they have found something to agree on: the United States must end its ā€œforever warā€ and adopt an entirely new foreign policy.

The Koch network is getting a new name to reflect its shifting strategy.

The Seminar Network, which includes the constellation of groups funded by the billionaire industrialist Charles Koch and around 700 like-minded conservatives and libertarians who contribute at least $100,000 annually, will now operate as Stand Together.

Over the past decade or so, the Koch political network, now headed by Charles Koch after his brother David’s departure from politics last year, has become the symbol of excess wealth and inordinate political power in America. It appears that the Kochs have realized this and decided it’s long past time for them to restructure their shitty empire so it looks a little bit more palatable to the public.

Hundreds of thousands of online donors are pouring gobs of cash into Democratic House campaigns at an accelerating clip — a bulwark against a late-summer advertising assault that Republicans hope could save their majority.

The Koch brothers are the perennial capitalist power-donor bogeymen of the right, feared and maligned by Democrats as much as George Soros is hated by Republicans as the same kind of bogeyman of the left. However, as with many controversial matters, the Kochs aren’t exactly what the partisan narrative portrays.