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Sunday, February 22, 2026

How Dangerous is the Charles Koch/Paul Ryan Ticket to Your Social Security

Courtesy of Pam Martens.

Paul Ryan, Republican Vice Presidential Candidate

With Mitt Romney writing off 47 percent of voters, the Presidential race now comes down to the Koch brothers’ money and Paul Ryan’s ambitions. 

According to the Republican political consultant, Roger Stone, David Koch played a key role in Ryan’s selection. Says Stone, “The selection was cemented at the July 22nd fundraiser Koch held for Romney at the former’s sumptuous Hamptons estate. Koch pledged $100 million more to C-4 and Super PAC efforts for Romney for Ryan’s selection.” 

According to Forbes, the Kochs have budgeted to spend approximately $400 million in this election cycle, chump change to men worth $25 billion each according to the Forbes list of billionaires.  

To understand the Koch motivation to get Paul Ryan a heartbeat away from the Presidency, it requires listening to this brief tape, featured at the libertarian Cato Institute web site.  On the tape you will first hear Herman Cain, the man the Kochs were backing for President last fall, pushing the privatization of Social Security.  Next, you will hear from the global pied piper of social security privatization, José Piñera, a so-called Distinguished Senior Fellow at Cato Institute and Co-Chairman of Cato’s Project on Social Security Choice. 

The tape is a WNYC radio interview of the two men on the Brian Lehrer show on September 9, 2011.  Listen carefully as Piñera tells you how wonderfully the privatization of social security in Chile has worked out. Piñera was the former Labor Minister in Chile under the brutal military dictatorship of General Augusto Pinochet.   

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