Press Releases

Statement From Koch Companies Public Sector, LLC In Response To Obama Campaign Remarks

 

WICHITA, Kan., Feb. 10, 2012 /PRNewswire/ -- We will exercise our First Amendment rights and not be intimidated or silenced by the President's aides and his allies who criticize private citizens that disagree with the President's policies.

The Obama campaign's decision to embrace Super PACs is similar to the President's hypocrisy in 2008 when he broke his promise to use public campaign financing, and became the first major party presidential candidate in history to turn down public financing in a general election. It is worth noting that President Obama outraised and outspent his opponent by hundreds of millions of dollars in the 2008 Presidential campaign, relying in large part on the same corporate executive funding sources whose productivity, business practices, and profitability he pretends to denounce.

Apparently, the President and his allies do not want to lose that perceived fundraising advantage during the 2012 Presidential campaign, and are trying to intimidate into silence those who may disagree with them and who may decide to support other candidates.

-- Philip Ellender, president and COO Government and Public Affairs Koch Companies Public Sector, LLC

SOURCE Koch Companies Public Sector, LLC

>To order reprints of this article, click here: Reprints

Copyright 2011 PR Newswire. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

TheStreet Premium Services

Jim Cramer
Jim Cramer's Action Alerts PLUS:
Trade right alongside a Wall Street pro — enjoy access to his Charitable Trust portfolio and be sent trade alerts BEFORE he makes a move. Learn More
OptionsProfits
OptionsProfits:
Get 50+ trade ideas a week from the industry's top options experts. Plus — exclusive commentary on market trends and essential trading tools. Learn More
Real Money
Real Money:
Our team of professional Wall Street Pros — including Jim Cramer, Doug Kass, and Nicholas Vardy — delivers intelligent analysis, timely trade ideas, and colorful commentary. Learn More
Stocks Under $10
Stocks Under $10:
Break into the market with small- and mid-cap stocks... all $10 or less! David Peltier tells you exactly which low-priced stocks he's buying and selling. Learn More
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
blog comments powered by Disqus
Dow Jones S&P 500 NASDAQ 10-Year Note
12,251.77 1,310.33 2,787.18 14.80
Oil *
99.53
DOWN
141.68
DOWN
2.99
DOWN
40.16
DOWN
1.01
10 Yr
1.48%
SPDR Gold
151.62
-1.14%
-0.23%
-1.42%
-6.39%
Data delayed 20 minutes

Top Stories and Tools

Articles From

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

We respect your privacy.
Podcasts

Connect with TheStreet