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Fact Checkers Back Kochs Over Liberal Adversaries?

~ The Rebel ~ 2012/05/15 02:43:15
The Washington Post’s Fact Checker blog and non-partisan FactCheck.org say
liberal critics who have labeled billionaire GOP patrons David and Charles Koch
as “Big Oil” are wrong, Politico reports.

It’s inaccurate to call the brothers’
company, Koch Industries, Big Oil because its operations go far beyond refining
and other oil-based operations, the fact checkers say. And Koch is much smaller
than the oil behemoths such as ExxonMobil in any case.

“Even if all of
Koch Industries’ revenues came from its refining business — which they do not —
they would still be a fraction of the revenues of the companies that actually
represent ‘Big Oil,’” the FactCheck.org report said.

It cited an
estimate from Forbes that privately-held Koch garnered revenue of about $100
billion last year, compared to $434 billion for ExxonMobil.

Not
surprisingly, the liberal critics are unbowed by the fact checkers.

Read More: http://www.newsmax.com/US/koch-brothers-oil-indust...

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2013/05/23 07:52:56

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