Koch Bros. summits dominate the right-wing movement
Koch summits are regarded as a holy grail of sorts for conservatives seeking cash for their initiatives, blogsKenneth Vogel at Politico. The Koch Bros. raise hundreds of millions for right-wing groups and individuals at these summits and the money is leveraged to take over existing organizations like the libertarian Cato Institute.Writes Vogel:
Koch Industries, the brothers’ privately owned oil, chemical and household products company, has sponsored the summits twice a year since 2003 and they are where it all comes together in Koch World. The donors, like regulars Foster Friess and Rich DeVos and first-timers like Sheldon Adelson, are gently pressured to give while the invited operatives jockey to impress the Kochs and their donors with presentations on campaign and legislative strategy.
There’s also a collection of A-list dignitaries that has in recent years included rising political stars like Eric Cantor, Chris Christie, Bob McDonnell and Rick Perry, talkers like Rush Limbaugh,