Secret Quarter-Billion-Dollar Koch Brothers Political Operation Revealed

By Steven Rosenfeld

September 12, 2013  |  Politico.com, the Washington insider website, has the money-in-politics scoop [3] of the year: It has unmasked a previously unknown political money laundering operation, set up by the energy billionaires and libertarian Koch brothers, that raised $256 million and secretly spent almost all of it last year against Democrats.

 

The “Koch brothers’ secret bank,” which is what the website [3] calls the Virginia-based group, whose formal name is Freedom Partners, is the glue that has been holding together the right-wing pantheon of pro-corporate, anti-regulatory, anti-Obama, anti-labor front groups that are against everything from healthcare reform to labor unions to financial market reform to progressive taxation.