DNC won’t repay Duke Energy for Charl...

DNC won’t repay Duke Energy for Charlotte convention costs

Posted in the Columbus Forum

Wait what

Columbus, OH

#1 Mar 2, 2013
Hat tip: hey now

"The Democratic National Committee has no plans to repay Duke Energy for an unprecedented $10 million line of credit it guaranteed to help the Democratic convention’s local host committee put on President Obama’s three-day nominating convention in Charlotte, N.C., last September.

A Duke company official said the company was claiming the money as a business expense for tax purposes, meaning shareholders will foot $6 million of the cost, according to a report in the Charlotte Observer.

The large loan and the secrecy surrounding it have government watchdog groups deeply concerned. They say the arrangement raises serious conflict-of-interest issues for Mr. Obama and challenges his claim to be committed to disclosure and transparency."

Read more: http://www.washingtontimes.com/news/2013/mar/...
Follow us:@washtimes on Twitter

Since: Oct 10

Location hidden

#2 Mar 2, 2013
Wait what wrote:
Hat tip: hey now
"The Democratic National Committee has no plans to repay Duke Energy for an unprecedented $10 million line of credit it guaranteed to help the Democratic convention’s local host committee put on President Obama’s three-day nominating convention in Charlotte, N.C., last September.
A Duke company official said the company was claiming the money as a business expense for tax purposes, meaning shareholders will foot $6 million of the cost, according to a report in the Charlotte Observer.
The large loan and the secrecy surrounding it have government watchdog groups deeply concerned. They say the arrangement raises serious conflict-of-interest issues for Mr. Obama and challenges his claim to be committed to disclosure and transparency."
Read more: http://www.washingtontimes.com/news/2013/mar/...
Follow us:@washtimes on Twitter
Good find, WW.

Gee, in my state, they call that 'theft of services.' The dems get 'a pass' on everything.

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