Associated Press: Billionaire conservative donor David Koch dies at 79

Associated Press: Billionaire conservative donor David Koch dies at 79

On the other side of the political divide over Koch, Beth Rotman of the government watchdog group Common Cause said the Kochs and their network of like-minded wealthy donors “undermined so many important American values over the past several decades as part of the Kochs’ attempted corporate takeover of American politics.”

NEW YORK (AP) — Billionaire industrialist David H. Koch, who with his older brother Charles poured a fortune into right-wing causes, transforming the American political landscape and shaping U.S. policies on such issues as climate change and government regulation, died Friday at 79. …

But he and his brother became best known for building a political network dubbed the “Kochtopus” for its many-tentacled support of conservative and libertarian causes, candidates and think tanks, including the Cato Institute.

The brothers in 2004 founded the anti-tax, small-government group Americans for Prosperity, which remains one of the most powerful conservative organizations in U.S. politics, and they were an important influence on the tea party movement.

While celebrated on the right, the Koch brothers have been vilified by Democrats and others who see them as a dark and conspiratorial force, the embodiment of fat-cat capitalism and the corrupting influence of corporate money in American politics. …

On the other side of the political divide over Koch, Beth Rotman of the government watchdog group Common Cause said the Kochs and their network of like-minded wealthy donors “undermined so many important American values over the past several decades as part of the Kochs’ attempted corporate takeover of American politics.”