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Detailed text transcripts for TV channel - MSNBC - 20110405:22:52:00

Their names are charles and david koch. they are the billionaire brothers who own koch industries, an oil and gas giant. the koch brothers are everywhere. now a new report from the center for american progress spells out the full reach of their political empire. the story starts in 1980 when david koch was the libertarian party s vice presidential candidate. david koch s platform was far, far right of ronald reagan. he wanted to eliminate corporate taxes all together. he wanted to abolish social security and are you ready for this? koch even called for getting rid of public schools entirely. but it didn t work out. they lost to reagan, who was far too much of a lefty for their taste. so, the koch brothers came to an interesting conclusion. if you can t beat them, buy them. instead of trying to be politician they started using their money to influence politicians which proved to be a far more effective strategy. first, they needed to give their extremist ideology the veneer of credibili ....

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