Democracy Gone Astray

Democracy, being a human construct, needs to be thought of as directionality rather than an object. As such, to understand it requires not so much a description of existing structures and/or other related phenomena but a declaration of intentionality.
This blog aims at creating labeled lists of published infringements of such intentionality, of points in time where democracy strays from its intended directionality. In addition to outright infringements, this blog also collects important contemporary information and/or discussions that impact our socio-political landscape.

All the posts here were published in the electronic media – main-stream as well as fringe, and maintain links to the original texts.

[NOTE: Due to changes I haven't caught on time in the blogging software, all of the 'Original Article' links were nullified between September 11, 2012 and December 11, 2012. My apologies.]

Saturday, July 02, 2011

Koch Industries Subsidiary Admits Illegal Campaign Contributions

WASHINGTON -- After admitting in June to making illegal campaign contributions, INVISTA, a foreign subsidiary of Koch Industries, finally paid the small $4,700 fine it owed to the Federal Election Commission (FEC) this week.

The case relates to $26,800 in campaign contributions the company made to candidates, political committees, and political party committees from 2005 to 2009. The recipients of the contributions have since paid back the contributions except for the Democratic Governor's Association, which received a $15,000 contribution in 2007.

INVISTA's contributions were disclosed to the FEC after lawyers for Koch Industries discovered the illegal contributions and relayed the information to the FEC for review. The FEC quickly reached an agreement with INVISTA to recoup the contributions from the recipients and to pay the $4,700 administrative fine to the FEC.

INVISTA is a textile fiber and resin company that was purchased by Koch Industries from the DuPont Company in 2004. While the company is based in Wichita, Kansas it is owned by a Luxembourg-based company, which is in turn owned by Koch Industries. Foreign nationals are prohibited from contributing to candidates for election at any level.

Origin
Source: Huffington 

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