well distancing himself publicly from the tea party movement david koch is known to play a very hands on role with i have a. and sure enough as representatives of the group's hundred thousand members reported on their activities they later was there to hear the news it's now my great pleasure to. begin my favorite part of the summit conference and that is the report by representatives of each of the twenty five chapters a page on their activities over the last year we don't organize huge tea parties all throughout the state we have lad the largest tea party in the state the largest tax day tea party in the nation on april fifteenth. i believe we've we've had twenty nine t. parties organize dozens of tea parties mr chairman our grassroots efforts are engaged they're energized and they're ready to fight for their freedom and if you try to raise our taxes and trample on our liberties we're either going to beat you or make your life let's i thank. the members flatly deny the charge that they are astroturf the name given to fight grassroots organizations that are essentially corporate fron

guiding force and sarsi of particular interest with their chief benefactors brothers charles and david koch according to the forbes list of the richest americans the koch sit a cool fifth with personal fortunes estimated at more than twenty billion dollars. to find out more i've come to the end you convention of americans for prosperity. wealth distancing himself publicly from the tea party movement david quite is known to play a very hands on role with i have paid. and sure enough as representatives of the group's hundred thousand members reported on their activities they later was there to hear the news it's now my great pleasure to. begin my favorite part of the summit conference and that is the report by representatives of each of the twenty five chapters a p on their activities over the last year we don't organize huge tea parties all throughout the state we have lad the largest tea party in the state the largest tax day tea party in the nation on april fifteenth. i vote we we've had twenty nine p. parties organize dozens of tea parties mr chairman our grassroots efforts are engaged th

assert that americans for prosperity are essentially just a low being tool for koch industries david koch deliberately founded these groups to intervene in the government to reduce taxes on corporations to reduce the impact of environmental laws. that intersected with what became the tea party movement an uprising against the government and against governments writ large against taxes and against health care regulations so they're basically use this public sentiment to forward their corporate agenda this charge of profiteering was especially evident i have peace opposition to a proposed climate change bill that would accomplish of oil industry players like coke industries. in two thousand and nine after the obama administration came on there was massive momentum towards climate regulation suddenly there was a real possibility of getting new good law passed and they went into high gear attacking obama from day one even started before the obama administration attacking any climate legislation they run for years these summer hot air tours where they run what looks like a grassroots activists

spend money on elections the average person's voice gets drowned out well i mean i people like david koch. what i'm saying is a fine yeah i mean there are a lot of people which are but you know the wall street i know that you love to talk about the banks and how corrupt everything wall street is but i think. what not every not everybody there if you most or most of them but you know i mean i think that wall street is a lot of good things i mean business as pro-business mitt romney or publican party are pro business so it makes sense that they would donate more money to the pro-business people than they would to that well bomber but yeah but but wall street is not running a business wall street is making money on money well let me just say all this washington post reported in october of two thousand and eleven that the democrats had raised fifteen point nine billion million dollars from wall street but we have a real problem and i think conservatives and liberals can actually agree on this and that is we need to stop a lot of these subsidies and a lot of these tax breaks for whatever it is

charles and david koch * owners of one of the largest privately held companies in the united states. he koch brothers have nothing to do with this project. >> you cut plea out in the middle of a sentence. >> we are going to recess this hearing for 10 minutes, then we are going to come back. let me tell you something, if you want to talk about that, let's talk about the millions of dollars that the obama administration gave companies like solyndra to people like george kaiser. would you like for us to subpoena him, too. >> why are you interrupting members and taking unlimited time for yourself. >> i'm the chairman and i'm telling you we are going to recess for 10 minutes. megyn: stu varney who is the incore of varney and company. that was the chair of the committee. waxman is the one who wanted to pull the banks in wanting them to explain why they wanted to readjust their bottom line. >> reporter: congressman waxman wants to smear the pipeline by associating it with charles and david koch * who are very wealthy. congressman waxman wants to establish a link, pipeline, coke brothers. meg

you have these billionaires waiting in the wings, the david kochs of the world, as much as they hatete mitt romney. overnight, you can flood money overnight, you can start to own the internet. i see a scenario -- because once again, people do not want mitt romney. i see a scenario where the super pac gets behind him and we get this -- whether he can be -- he can't beat barack obama. but we're talking about who's going to get the nominee. >> i don't disagree with any of that, but hasn't he faced down and stared down -- >> it's been against nothing -- >> it has. >> wait, wait, wait -- i've got to ask a question, though. now, i just want to ask really quickly, donny, and i want everybody to answer this question. you said, oh, of course rick santorum can't beat barack obama. tell me, why can't rick santorum beat barack obama? >> because i don't -- >> maybe not in manhattan. >> not in manhattan, i think in a few of the key swing states. i can't see him taking florida. look, let's -- >> why not? >> because at the end of the day and when you go back and some of the things he's talked about,

david and charles koch. the koch brothers. with an oil fortune and lumber and paper. they pledged to raise and spend $200 million to beat barack obama. then there are the multimillionaire donors to karl rove's superpac. that graphic shows just three of the biggest. including bob perry, the guy whose son john kerry by funding the swift boat ads in 2004. andrea, this ability to raise enormous amounts of money, spend enormous amounts of money, put tv ads on and saturation level, just one or two issues affecting the candidate you don't like, it's new. >> ts new. it came not not just from sit sentence united -- citizens united but another case that expanded it. individuals could always spend unlmented amounts of money but now independent groups did without disclosure and no transpatterncy and it changed the climate. we saw what happened in iowa and newt gingrich is correct. the romney supporters just smeared him with unanswered ads. and that is what propelled mitt romney with a better-than-expected iowa showing into new hampshire. showing the trajectory -- chris: the slind