21 May 2021

He is an Evil Son of a Bitch

I am referring to Charles Koch, who has been lobbying for increased evictions relaxed regulations while investing in real estate.

The famously Libertarian Koch, whose family fortune came from selling energy technology to Stalin, is engaging in a classic case of rent seeking behavior, basically being a leech on society by the definition of Ayn Rand (יִמַּח שְׁמו) who Charles Koch is a big fan of.

I guess it's capitalism for thee and socialism for me from him:

Billionaire Charles Koch’s foundation has bankrolled three conservative legal groups leading the court battle to eliminate prohibitions against tenant evictions during the Covid-19 pandemic in America.

At the same time, Koch’s corporate empire has suddenly stepped up its real estate purchases during the pandemic – including making large investments in real estate companies with a potential financial interest in eliminating eviction restrictions.


But since the Covid-19 pandemic began, Koch Industries has been plowing money into real estate.

In March this year, the Wall Street Journal published a report headlined Charles Koch Is Betting Big on Distressed Real Estate. The paper reported that the billionaire’s corporate conglomerate “is emerging as a major real-estate investor during the pandemic, using its robust cash reserves to buy properties at beaten-down prices and betting on a longer-term recovery”.

I might suggest that Mr. Koch arrange for burial at see when he passes on, because the line to piss on his grave would be awfully long otherwise.


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