Koch Flouts The Law? False.
... everything Bloomberg wrote about Koch Industries could just as easily have been written about G.E. G.E.âs foreign subsidiaries have done business in Iran, and G.E., like Koch, has publicly noted that its subsidiariesâ dealings with Iran were legal. Likewise, employees of one or more G.E. companies paid bribes to obtain business in Iraq, and just last year, G.E. paid a $23.4 million fine as a result. And G.E. has had environmental problems, likeâto name just a fewâcontaminating the Hudson and Housatonic Rivers with PCBs, along with the Coosa River Basin, and releasing dimethyl sulfate, chlorine, 1, 1, 1, -trichloroethane, ammonia, and toluene from its silicone manufacturing plant in Waterford, New York. G.E. has had product liability problems, including claims of wrongful death that were, tragically, justified. And, while Bloomberg makes a laughable price-fixing claim against Koch, G.E. was in fact a party to one of the most famous price-fixing conspiracies of all time.
So, is Bloombergâs story titled âThe Secret Sins of General Electricâ? Or, in the online version, âGeneral Electric Flouts Law With Secret Iran Sales?â Of course not. G.E. is generally identified with the Democratic Party. Does anyone seriously doubt that Bloomberg wanted to do a hit piece on Koch Industries solely because that companyâs owners are prominent conservatives? Of course not.
The Bloomberg piece is "battlespace preparation." Read the whole response at Bloomberg Whiffs, Part 1 | Power Line.