The Koch brothers, who finance the Tea Party and bash Obama, buy oil and manufactured products in many countries. They are heavily invested in industrialist accumulation in the U.S. but do not own a major bank nor do they profit from the huge U.S. war machine. However, they are also trying to establish a niche in their own special form of “imperialism on the cheap.”
The Kochs bankroll the Cato Foundation think-tank. Its Mid-East expert Leon Hadar thinks that the “ballooning deficit and an overstretched military leave Americans no choice but to make major cuts in defense spending by shrinking [the] U.S. role in the Middle East.” (Huffington Post, 7/5/11)
Hadar, no doubt smelling a potential supplier to Koch Oil, sees a deal with Teheran in the offing: “The United States should take part in any negotiations leading to regional agreements on Afghanistan and Iraq, a process that could also become an opportunity to improve the relationship with Iran.” (Cato Institute, 7/1/11) This, of course, runs counter to the interests of the Rockefeller-led, imperialist wing of the U.S. ruling class which controls the largest chunk of Mid-East oil supplies.
Obama Fronts for Dominant
Rockefeller Wing; Kochs Want Piece of the Action
The Koch brothers dream of catching up to the Rockefellers but the closest they’ve come to wielding state power is Tea Party obstructionism in Congress. They have a long way to go to match the Rockefellers’ long history of transforming their Standard Oil monopoly into a banking empire. Having trumped the J.P. Morgan clan by the 1930s, World War II left the Rockfellers heading up the biggest U.S. banks and therefore with the resources to supply the controlling capital in the U.S. war industry, putting them in position to shape U.S. foreign policy to protect their imperialist interests abroad.
During the Vietnam genocide of the 1960s and 1970s, James and David Rockefeller personally headed the ancestors of Citigroup and JP Morgan Chase. Nelson Rockefeller was governor of New York and later became U.S. vice-president. David Rockefeller ran U.S. imperialism’s most influential policy foundry as president of the Council on Foreign Relations; its most influential university as president of Harvard’s overseers; and its most influential “philanthropies,” the various Rockefeller foundations.
The Koch brothers’ challenge to this mammoth empire puts them into a fierce dogfight with the world’s most powerful capitalists, a battle over who can exploit the most workers. The Rockefellers have been reaping super-profits from workers on five continents. The Koch brothers were behind the attack on Wisconsin’s state workers and teachers that cut their wages, benefits and bargaining rights. The only interest the working class has in this fight is to overthrow both sides with communist revolution.