1. ON TAPE

    Koch Compares Obama to Hussein

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    Every two years, billionaire oil tycoons Charles and David Koch hold a hush-hush fundraiser, gathering funds to bankroll conservative campaigns—and Mother Jones has obtained an audio recording of the June 2011 event. “We have Saddam Hussein,” Charles Koch says on the tape, apparently referring to President Obama, adding that the 2012 election will be “the mother of all wars.” Attending the gathering were Fox News analysts, business magnates, and even Texas Gov. Rick Perry, now running for president.

    Read it at Mother Jones