Koch Industries, Other CEOs Warn Employees Of Layoffs If Obama Is Reelected

Barack Obama speech 14 SC Koch Industries, other CEOs warn employees of layoffs if Obama is reelected

Koch Industries, the Wichita, Kan.-based company run by the billionaire Koch brothers, sent a voter information packet to 45,000 employees of its Georgia Pacific subsidiary earlier this month.

In it was a letter, dated Oct. 1, from Koch Industries president Dave Robertson implicitly warning that “many of our more than 50,000 U.S. employees and contractors may suffer the consequences” of voting for President Obama and other Democrats in the 2012 elections, a list of conservative candidates the company’s political action committee endorses and a pair of editorials: one, by David Koch, supporting Mitt Romney, and the other, by Charles Koch, condemning Obama.

“While we are typically told before each Presidential election that it is important and historic, I believe the upcoming election will determine what kind of America future generations will inherit,” Robertson’s letter–first published by InTheseTimes.com–begins. “If we elect candidates who want to spend hundreds of billions in borrowed money on costly new subsidies for a few favored cronies, put unprecedented regulatory burdens on businesses, prevent or delay important new construction projects, and excessively hinder free trade, then many of our more than 50,000 U.S. employees and contractors may suffer the consequences, including higher gasoline prices, runaway inflation, and other ills. This is true regardless of what your political affiliation might be.”

 Read More at Yahoo! News . By Dylan Stableford.

Photo Credit: marcn (Creative Commons)

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