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Showing posts with label Cato Institute. Show all posts
Showing posts with label Cato Institute. Show all posts

Thursday, April 12, 2012

"Billionaire Oil Guys" Lose Bid to Takeover Cato institute

Koch Brothers
 It looks like the Koch Brothers’ efforts to take over the libertarian think-tank the Cato Institute and oust long-time president Ed Crane has been thwarted. According to David Weigel, who is close to these folks, Crane called a meeting of the Cato board and used an obscure bylaw to expand it and then pack it with loyalists.
In a subsequent interview, Crane told Weigel this:
I want to save Cato. I’ll step down if it ends this thing. It can’t be a wholly owned subsidiary of Koch Industries. Who the hell is going to take a think tank seriously that’s controlled by billionaire oil guys? It’s just nuts!   READ MORE