The compromise version of the $787 billion economic stimulus plan passed the House and Senate Friday and is expected to be signed by President Obama tomorrow in Denver. Despite Democratic leaders’ efforts to reach out for Republican support by dropping various controversial provisions and beefing up tax cuts, the measure passed with no Republican votes in the House and only three Republican votes in the Senate.
Public opposition to the plan was led by a group called Americans for Prosperity, which delivered 400,000 signatures on a petition to the Senate opposing the measure. As the group says in a statement at its NoStimulus.com website:
We lost. But we put up a heckuva fight!
We turned what was supposed to sail through with 80 votes and no controversy into a bloody knock-down, drag-out fight.
We showed that Americans won’t passively sit by while our future is plundered. Just the fact that the bill shrank in conference committee — they almost always grow — showed that we had an impact.
Who is Americans for Prosperity? According to SourceWatch.org, the group was founded in 2003 with money from the Charles G. Koch Charitable Foundation, which is run by the billionaires behind Kansas-based Koch Industries — the national’s largest privately held oil and gas company. Media Transparency reports that the group gets substantial financial support from the Claude R. Lambe Charitable Foundation, another one of the Koch family foundations.
Why would an organization funded by oil and gas interests be hostile to the economic stimulus plan?
Could it be the $50 billion the bill offers for more sustainable energy alternatives?
The Koch family foundations have been a dependable funder of extremist right wing activities. Global warming? Pshaw. Oil people find the evidence ambiguous, the science suspect. See http://www.mediatransparency.org/funderprofile.php?funderID=9
h/t Crooks and Liars