CAMPAIGN 2012

Koch Pens Op-Ed Criticizing Obama

Updated: September 10, 2012 | 9:04 a.m.
September 10, 2012 | 8:24 a.m.

Charles Koch, the CEO of Koch industries and a major Republican political donor, wrote an op-ed in Monday’s Wall Street Journal, criticizing President Obama over his “built it” comment.

Koch argues that it wasn't corporate greed that caused U.S. financial problems, but government policy, specifically the “affordable housing” mandates for Fannie Mae and Freddie Mac. He also says the partnership between business and government is destructive.

“If America re-establishes the proper role of business in society, all kinds of benefits will accrue. Our economy will rebound. Our liberties will be restored,” he wrote.

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