Tag: Charles Koch Foundation

A Potentially Huge Supreme Court Case Has a Hidden Conservative Backer

Ms. Cat

The case, to be argued by lawyers linked to the petrochemicals billionaire Charles Koch, could sharply curtail the government’s regulatory authority.

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The Cause of Action Institute has disclosed little of its funding*: A year before it was created, the Supreme Court’s Citizens United ruling had enabled billions of dollars in spending by groups that don’t disclose their donors.

A Potentially Huge Supreme Court Case Has a Hidden Conservative Backer

Guess the author doesn’t know how to ‘Google’! 🙄

Related:

*Cause of Action @ SourceWatch (includes tax filings)

Funding

Cause of Action Institute is not required to disclose its funders but major foundation supporters can be found through their IRS filings. Here are some known contributors:

Atlas Network (PDF updated 11-30-23:

AtlasNetworkRoughDraft.pdfDownload

In first speech, Argentina’s Javier Milei warns nation of painful economic shock

Ms. Cat

BUENOS AIRES, Argentina — It wasn’t the most uplifting of inaugural addresses. Rather, Argentina’s newly empowered President Javier Milei presented figures to lay bare the scope of the nation’s economic “emergency,” and sought to prepare the public for a shock adjustment with drastic public spending cuts.

In first speech, Argentina’s Javier Milei warns nation of painful economic shock

Related:

With soy and lithium trade in the balance, Argentina’s Milei has a China conundrum

Argentina election 2023: what you need to know

Argentina election 2023: what you need to know

Ms. Cat

The vultures are ready to “make the economy scream” if Javier Milei wins!*

Argentina election 2023: what you need to know

Far-right libertarian Javier Milei is leading the polls ahead of Argentina’s Oct. 22 presidential vote, but it remains a tight race between the top three candidates, three surveys showed.

Related:

Argentina election: from peso to dollar?

But dollarisation would also mean immediate recession and slump. It would have to start with a massive devaluation of the domestic peso monetary base. In a very optimistic scenario, if Argentina received a loan of say $12 billion from the IMF and used $5 billion as a reserve for the banking system and $7 billion to dollarise the monetary base, the domestic peso monetary base would still have to be reduced by nearly 400%. Argentine salaries (then in US dollars) would become among the lowest globally and poverty would rise to unprecedented levels. And Argentina is already in a recession with real GDP expected to drop by around 2% this year. So either way: peso or dollar, Argentine households would pay the price in living standards.

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Desperation has driven many Argentines to consider a ‘libertarian, anarcho-capitalist’ as president. If this were to happen, it will be going down another blind alley. Argentina’s capitalist economy will continue to fail.

Just scratching the surface:

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The Atlas Network and the Building of Argentina’s Donald Trump

Ms. Cat

Yves here. We’re featuring a post from openDemocracy on Argentina’s primary results that had far-right candidate Javier Milei beating the candidates of the two parties that have been in power for two decades. The post is telling, and not in a good way. Milei does advocate extreme views (not that he can go as far as he likes since even if he won a plurality again, he would still be leading a coalition government). And too many commentators forget that voters regularly move to the right in bad economic times, which Argentina is certainly suffering. It’s that the piece depicts him as a Trumpian outsider/madman, when Nick Corbishley’s post right after the primary results were in describes Milei’s considerable, if sometimes seamy, establishment connections…including to the Kochs:

How Javier Milei Upset Argentina’s Political Status Quo

Previously:

Is Argentina’s presidential frontrunner Javier Milei US’ “boy?” Rejects China+Mercosur, embraces $$

Orinoco Tribune Editor: There Was a Coup Against Pedro Castillo in Peru + Some Notes

[2017] Libertarian Atlas Network Pushes Latin America Right

Is this why Biden isn’t refilling the Strategic Petroleum Reserve?!

Ms. Cat

[2017] Trump’s Budget Delivers Big Oil’s Wish: Reducing Strategic Petroleum Reserve

While most observers believe the budget will not pass through Congress in its current form, budgets depict an administration’s priorities and vision for the country. Some within the oil industry have lobbied for years to drain the SPR, created in the aftermath of the 1973 oil crisis.

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Exxon, as well as the American Petroleum Institute (API) and the Independent Petroleum Association of America (IPAA), have long lobbied for a drawdown of SPR‘s supply, according to lobbying disclosure records reviewed by DeSmog. They supported two key bills, proposed but never passed by Congress: H.R. 4136 in 2012 and S. 1231 in 2015.

H.R. 4136, lobbied for by Exxon, API, and IPAA**, says that the Strategic Petroleum Reserve can only be tapped if more federally owned public lands and waters were leased to the oil and gas industry. S. 1231, the Strategic Petroleum Reserve Modernization Act of 2015, called for a Department of Energy study of the SPR “to determine options available for [its] continued operation,” to be completed 180 days after the bill’s passage.

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“[T]he SPR is unnecessary in the first place. Private inventories and reserves are abundant, and open markets will respond more efficiently to supply shocks than federally controlled government stockpiles,” wrote Loris, who began his career as an associate for the Charles G. Koch Charitable Foundation. “Congress should authorize the Department of Energy to sell the entire inventory, using the revenues solely for deficit reduction.”

Orinoco Tribune Editor: There Was a Coup Against Pedro Castillo in Peru + Some Notes

Ms. Cat

Orinoco Tribune Editor: There Was a Coup Against Pedro Castillo in Peru

Rodríguez remarked that the appointment of Vice President Dina Boluarte as the de facto president is a measure adopted by the Peruvian Congress to disguise the coup d’état. “Naming Dina Boluarte as the de facto president is a halfway solution between Pedro Castillo and José William Zapata, the president of Congress, who is a right-wing military man accused of corruption and drug trafficking and what have you,” he opined. “So, I believe they chose Dina Boluarte to prevent greater tension or political instability in Peru… In fact, José William Zapata was the president of Peru for some minutes and then transferred power to Dina Boluarte. This was all that was behind the coup in Peru.”

Some notes, to self, on José Williams, Hernando de Soto, Institute for Liberty and Democracy, Omidyar Network, & Atlas Network:

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