Site icon The Punching Bag Post

The Koch Brothers Remain Out of Funding the Presidential Campaign

<p class&equals;"MsoNormal" style&equals;"text-align&colon; left&semi;" align&equals;"center">Early last year&comma; the Koch brothers announced that their network planned to spend a whopping &dollar;889 million on advertising for the 2016 campaign cycle&period; However&comma; Charles and David Koch have not only been quiet during this campaign season&comma; but their funding is nowhere near the number they had promised in 2015&period;<&sol;p>&NewLine;<p class&equals;"MsoNormal">&nbsp&semi;&ldquo&semi;Sources say the paid-media budget for all races this cycle is now &dollar;40 million&comma; down from &dollar;130 million at the beginning of the year and &dollar;150 million a year ago&comma;&rdquo&semi; reports National Review&period;<&sol;p>&NewLine;<p class&equals;"MsoNormal">Although the network has donated the most in the 2016 Senate races&comma; this doesn&rsquo&semi;t come close to the amount spend by the Koch network on advertising in 2014 on 11 senate contests&period;<&sol;p>&NewLine;<p class&equals;"MsoNormal">Not to mention&comma; the Kochs has yet to fund groups like the US Chamber of Commerce and National Rifle Association so far in 2016&period; It is to be assumed this is because they don&rsquo&semi;t want to fund their political agendas&period;<&sol;p>&NewLine;<p class&equals;"MsoNormal">Even though they have been rather allusive regarding the reasoning for the scale back on political funding&comma; many are speculating that this is because they reject Trump as the republican candidate&period;<&sol;p>&NewLine;<p class&equals;"MsoNormal">In a CNN interview from April&comma; Charles Koch said that Hillary Clinton would possibly be a better president than Donald Trump&period; The Koch brothers have continuously supported Republican candidates and are usually one of the biggest backers for the GOP&period;<&sol;p>&NewLine;<p class&equals;"MsoNormal">&&num;8220&semi;I think there have been some good things&comma; particularly at the state and local level&comma;&&num;8221&semi; said Charles Koch&comma; according to the National Review&period; &&num;8220&semi;At the federal level&comma; we haven&&num;8217&semi;t in any way changed the trajectory of the country&period;&&num;8221&semi;<&sol;p>&NewLine;<p class&equals;"MsoNormal">So how will the lack of this major funding effect the chances of a republican candidate being elected president in 2016&quest;<&sol;p>&NewLine;<p class&equals;"MsoNormal"><strong>Editor&&num;8217&semi;s note&colon;<&sol;strong> Its been my experience that billionaires ae a sensitive lot and don&&num;8217&semi;t like being outdone&period; &nbsp&semi;The Koch Brothers have supported the GOP for a very long time&comma; and Trump has had much greater influence in a very short time&period; &nbsp&semi;So the Koch brothers and their network are feeling unappreciated&period;<&sol;p>&NewLine;<p class&equals;"MsoNormal">So if Trump wins the presidency&comma; he will eventually be forced to meet with the Koch&&num;8217&semi;s to get the faucet turned back on for the Senate and Congressional races in 2018&period; &nbsp&semi;If Trump loses then the Kochs will have a great big &&num;8220&semi;I told you so&period;&&num;8221&semi;<&sol;p>&NewLine;<p class&equals;"MsoNormal">Hopefully their petulence will not cause too much harm to the Republican Senate and House majorities in the 2016 races&period;<&sol;p>&NewLine;<p class&equals;"MsoNormal">&nbsp&semi;<&sol;p>&NewLine;<p>&nbsp&semi;<&sol;p>&NewLine;<p class&equals;"MsoNormal">&ldquo&semi;I told them&comma; &lsquo&semi;Hey&comma; I think you got two choices&colon; You gotta get involved or have Hillary be president&comma;&rsquo&semi;&rdquo&semi; said Stanley Hubbard&comma; the CEO of Hubbard Broadcasting and donor to the Koch network&comma; to National Review&period; &ldquo&semi;I think if they don&rsquo&semi;t get involved and help beat Hillary their donors will be very disappointed&period; We can&rsquo&semi;t always have our first choice&comma; and if you are one of the Koch brothers I think you&rsquo&semi;d probably rather have Trump be president than Hillary&period;&rdquo&semi;<&sol;p>&NewLine;

Exit mobile version