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The Koch Brothers Want To Buy Chicago Tribune, LA Times, Et Al, To 'Make Sure Our Voice Is Heard'
TBI ^ | 4-21-2013 | Henry Blodget

Posted on 04/21/2013 7:49:50 AM PDT by blam

Now The Koch Brothers Want To Buy Chicago Tribune, LA Times, Et Al, To 'Make Sure Our Voice Is Heard'

Henry Blodget
April 21,2013

If you can't beat 'em, buy 'em. Billionaire Charles Koch.

The bankrupt Tribune Company has put its bundle of eight huge newspapers on the block.

One of the expected bidders for these papers, Amy Chozick of the New York Times reports, is Koch Industries, the massive energy and manufacturing conglomerate owned by the conservative billionaires David and Charles Koch.

The Kochs may bid for the newspapers, a person who attended a recent seminar held by the Koch brothers in Aspen said, to "make sure that [the libertarian] voice is heard."

The Tribune's newspapers include:

* The Chicago Tribune
* The Los Angeles Times
* The Baltimore Sun
* The Hartford Courant
* The Orlando Sentinel

Buying the papers is expected to cost only about $625 million, which would be a rounding error for the gigantic Koch Industries, which generates a staggering $115 billion of revenue per year.

The focus of the Koch's recent Aspen seminar, Chozick reports, was to put together a 10-year plan for achieving a goal of lower taxes and less regulation.

The seminar produced a three-point plan: educating grass-roots activists influencing politics, and... media

The acquisition of the Tribune papers would obviously go a ways toward supporting the latter tactic.

(Excerpt) Read more at businessinsider.com ...


TOPICS: News/Current Events
KEYWORDS: conservativevoices; kochbrothers; media; press
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To: AuntB
What do you know about the Koch brothers?

I'm in the energy business and Koch is a very good supplier. They (the traders and the administrators) know their business. They run it very conservatively, and I mean that from a business POV not a political POV.

41 posted on 04/21/2013 9:53:50 AM PDT by Chgogal (Obama murdered the SEALs.They "were hung out to dry, basically exposed like a set of dog balls,...")
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To: blam
I'd sign up for the Chicago Trib. I canceled my subscription a long time ago.
42 posted on 04/21/2013 9:55:33 AM PDT by Chgogal (Obama murdered the SEALs.They "were hung out to dry, basically exposed like a set of dog balls,...")
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To: Vaduz
You get new editors. Kick the bums out!
43 posted on 04/21/2013 9:56:43 AM PDT by Chgogal (Obama murdered the SEALs.They "were hung out to dry, basically exposed like a set of dog balls,...")
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To: reg45
I agree with you. I'd renew my subscription after a long break.
44 posted on 04/21/2013 9:58:12 AM PDT by Chgogal (Obama murdered the SEALs.They "were hung out to dry, basically exposed like a set of dog balls,...")
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To: FR_addict

Go Koch brothers. Patriots who are something of a counterweight to the evil George Soros.


45 posted on 04/21/2013 9:58:56 AM PDT by Stepan12
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To: Chgogal; X-spurt; cripplecreek

“What do you know about the Koch brothers?”

Not much. What do you know? I’m looking to be educated, are you? I do know they contribute heavily to the ACLU and libertarian causes. I do know I need to know more about them before I decide to get all excited about them controlling big media outlets.


46 posted on 04/21/2013 9:59:27 AM PDT by AuntB (Illegal immigration is simply more "share the wealth" socialism and a CRIME not a race!)
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To: kingu
only under the hood is close to six billion dollars of repairs to reform the newspaper, square away old debt and pensions, restore property ownership and reclaim lost subscribers.

Maybe they'll leave that number (pensions - and even some of the old debt) out of the equation.

Great post, BTW.

47 posted on 04/21/2013 10:02:34 AM PDT by Jane Long (Background checks? Dandy idea, Mr. President. Shoulda started with yours. - Sarah Palin)
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To: AuntB
Koch brother breaks from GOP, supports gay marriage

Their immigration stance is questionable as well.
48 posted on 04/21/2013 10:05:30 AM PDT by cripplecreek (REMEMBER THE RIVER RAISIN!)
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To: AuntB
All I know Koch Energy is run well. Koch is asset heavy or long, the opposite of Enron which was asset light or short. They have sound business practices. They understand capitalism.
49 posted on 04/21/2013 10:06:29 AM PDT by Chgogal (Obama murdered the SEALs.They "were hung out to dry, basically exposed like a set of dog balls,...")
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To: Chgogal; X-spurt; All; everyone

Here ya go:

TAMPA, Fla. – Billionaire industrialist David Koch, who is helping steer millions of dollars to elect Mitt Romney and congressional Republicans, on Thursday told POLITICO he disagrees with the GOP’s stance on gay marriage and believes the U.S. needs to consider raising taxes to balance the budget.

Koch, who is serving as a delegate to the Republican National Convention from New York, spoke to POLITICO after delivering brief remarks at a reception held in his honor by Americans for Prosperity, the political advocacy group he chairs and has helped fund.

The 1980 vice presidential nominee for the socially liberal — but fiscally conservative — Libertarian Party, Koch told POLITICO “I believe in gay marriage” when asked about the GOP’s stance on gay rights.

Read more: http://www.politico.com/news/stories/0812/80483.html#ixzz2R7PxeOE5

See there, I learned something new, just by looking, did you?


50 posted on 04/21/2013 10:08:56 AM PDT by AuntB (Illegal immigration is simply more "share the wealth" socialism and a CRIME not a race!)
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To: blam

We need to start naming news in 0bama’s corner as ‘Undocumented OFA Department’ ABC....or CNN....etc.

Same for papers: ‘Undocumented 0bama Office’ NYT...Boston Globe...etc.

Same for reporters: ‘Semi-official Paid White House Spokesbot’ Adriana Huffington....Geraldo Rivera....Chris Matthews, etc.

This isn’t news. Calling it propaganda is an understatement. This is Anti-American attack ‘reporting.’ These outfits and people are getting paid for what they are doing.


51 posted on 04/21/2013 10:09:37 AM PDT by combat_boots (The Lion of Judah cometh. Hallelujah. Gloria Patri, Filio et Spiritui Sancto!)
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To: blam

Go boys, GO!


52 posted on 04/21/2013 10:09:48 AM PDT by SgtHooper (The last thing I want to do is hurt you. But it's still on the list.)
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To: AuntB
Wow!

They support Republicans instead of Democrats. Hang them, the jerks.

Did you look up how they run their businesses?

53 posted on 04/21/2013 10:13:22 AM PDT by Chgogal (Obama murdered the SEALs.They "were hung out to dry, basically exposed like a set of dog balls,...")
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To: blam

This would be the best thing our side could do. Should have been done long ago. But I guess the price is right, now. Trouble is, the commies won’t sell to the Koch’s. They need a front organization, or a middle purchaser.


54 posted on 04/21/2013 10:14:26 AM PDT by St_Thomas_Aquinas
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To: St_Thomas_Aquinas

If they do buy it you can bet they will lose almost all their advertisers and be constantly attacked by other media outlets


55 posted on 04/21/2013 10:15:51 AM PDT by GeronL (http://asspos.blogspot.com)
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To: AuntB
I would like to remind you of a famous quote by President Harding....”the chief business of the American people is business.”

I think it is about time we Americans get back to business. The Koch Brothers know business and better yet they know the energy business.

56 posted on 04/21/2013 10:18:20 AM PDT by Chgogal (Obama murdered the SEALs.They "were hung out to dry, basically exposed like a set of dog balls,...")
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To: Chgogal; All

“would like to remind you of a famous quote by President Harding....”the chief business of the American people is business.”

I think it is about time we Americans get back to business. The Koch Brothers know business and better yet they know the energy business. “

Don’t remind me, I don’t get involved with the gay marriage debate, there are more important thing, but about 90% of Free Republic disagrees with David Koch. Tell them.

I am concerned that the Kochs fund outfits like ACLU, GROVER NORQUIST & KARL ROVE and their phony ‘non profits’ and have been part of making the ‘tea party’ their own little soldiers.


57 posted on 04/21/2013 10:22:08 AM PDT by AuntB (Illegal immigration is simply more "share the wealth" socialism and a CRIME not a race!)
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To: cripplecreek

“Koch brother breaks from GOP, supports gay marriage

Their immigration stance is questionable as well. “

Yep.


58 posted on 04/21/2013 10:26:10 AM PDT by AuntB (Illegal immigration is simply more "share the wealth" socialism and a CRIME not a race!)
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To: AuntB
“I am concerned that the Kochs fund outfits like ACLU, GROVER NORQUIST & KARL ROVE and their phony ‘non profits’ and have been part of making the ‘tea party’ their own little soldiers.”

I despise Karl Rove, the pussy! ; )

I absolutely hated the ACLU, but with the passing of the Patriot Act they may one day be our last hope, so now I just hate them.

Grover Norquist - Tax Reform, devil lies in the detail.

59 posted on 04/21/2013 10:28:02 AM PDT by Chgogal (Obama murdered the SEALs.They "were hung out to dry, basically exposed like a set of dog balls,...")
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To: AuntB

I have no problem with them speaking out for what they support and obviously agree with them on most things free market. My real issue is with worshipers who go off the rails at any criticism.

Looks like all the big money in the last election supports gay marriage and open borders to some extent. I supported Rick Santorum and I know that Foster Freiss support for those issues is only a difference of degree but probably the most conservative of that bunch. Sheldon Adelson is outright liberal.


60 posted on 04/21/2013 10:43:38 AM PDT by cripplecreek (REMEMBER THE RIVER RAISIN!)
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