{"id":200282,"date":"2021-05-21T19:20:00","date_gmt":"2021-05-22T00:20:00","guid":{"rendered":"https:\/\/www.panix.com\/~msaroff\/40years\/2021\/05\/21\/he-is-an-evil-son-of-a-bitch\/"},"modified":"2021-05-21T19:20:00","modified_gmt":"2021-05-22T00:20:00","slug":"he-is-an-evil-son-of-a-bitch","status":"publish","type":"post","link":"https:\/\/www.panix.com\/~msaroff\/40years\/2021\/05\/21\/he-is-an-evil-son-of-a-bitch\/","title":{"rendered":"He is an Evil Son of a Bitch"},"content":{"rendered":"<p>I am referring to Charles Koch, who has <a href=\"https:\/\/www.theguardian.com\/us-news\/2021\/may\/21\/charles-koch-foundation-eviction-real-estate\">been lobbying for increased evictions relaxed regulations while investing in real estate<\/a>.<\/p>\n<p>The famously Libertarian Koch, whose family fortune came from selling energy technology to Stalin, is engaging in a classic case of <a href=\"https:\/\/en.wikipedia.org\/wiki\/Rent-seeking\">rent seeking behavior<\/a>, basically being a leech on society by the definition of Ayn Rand (\u05d9\u05b4\u05de\u05b7\u05bc\u05d7 \u05e9\u05b0\u05c1\u05de\u05d5) who Charles Koch is a big fan of.<\/p>\n<p>I guess it&#8217;s capitalism for thee and socialism for me from him:<\/p>\n<\/p>\n<blockquote>\n<p><span style=\"color: #2b00fe;\">Billionaire Charles Koch\u2019s foundation has bankrolled three conservative legal groups leading the court battle to eliminate prohibitions against tenant evictions during the Covid-19 pandemic in America.<\/p>\n<p>At the same time, Koch\u2019s corporate empire has suddenly stepped up its real estate purchases during the pandemic \u2013 including making large investments in real estate companies with a potential financial interest in eliminating eviction restrictions. <br \/><\/span><\/p>\n<p><span style=\"color: #2b00fe;\">\u2026\u2026\u2026 <\/span><\/p>\n<p><span style=\"color: #2b00fe;\">But since the Covid-19 pandemic began, Koch Industries has been plowing money into real estate.<\/span><\/p>\n<p><span style=\"color: #2b00fe;\">In March this year, the Wall Street Journal <a href=\"https:\/\/www.wsj.com\/articles\/a-koch-brother-is-betting-big-on-distressed-real-estate-11614690003\">published<\/a> a report headlined Charles Koch Is Betting Big on Distressed Real Estate. The paper reported that the billionaire\u2019s corporate conglomerate \u201cis emerging as a major real-estate investor during the pandemic, using its robust cash reserves to buy properties at beaten-down prices and betting on a longer-term recovery\u201d.<\/span><\/p>\n<\/blockquote>\n<p>I might suggest that Mr. Koch arrange for burial at see when he passes on, because the line to piss on his grave would be awfully long otherwise. <\/p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I am referring to Charles Koch, who has been lobbying for increased evictions relaxed regulations while investing in real estate. The famously Libertarian Koch, whose family fortune came from selling energy technology to Stalin, is engaging in a classic case of rent seeking behavior, basically being a leech on society by the definition of Ayn &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[970,969,1004,978,1088],"tags":[],"class_list":["post-200282","post","type-post","status-publish","format-standard","hentry","category-corruption","category-evil","category-finance","category-politics","category-real-estate"],"_links":{"self":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/200282"}],"collection":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/comments?post=200282"}],"version-history":[{"count":0,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/posts\/200282\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/media?parent=200282"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/categories?post=200282"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.panix.com\/~msaroff\/40years\/wp-json\/wp\/v2\/tags?post=200282"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}