Duke Energy and the DNC...

[Corruptbuddha]

..gotta love this one:

http://www.washingtontimes.com/news/2013/mar/1/dnc-wont-repay-duke-energy-charlotte-convention-co/

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.

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.

LOL..ya think?

“At the end of the day, we’ll do our best to get our money back,” he told the Charlotte Observer in a January interview. “But if we don’t, it’s just a contribution we’re making I think for the greater good of our community.”

Translated: "Sure they'll stiff us, but it's the Socialcrats so we'll forgive them. After all, they did help us out with the Stimulus, right?"

Duke received $200 million in federal stimulus money for “smart-grid” improvements in 2009, and at least two of the company’s power plants — one in North Carolina and another in Indiana — got hundreds of millions of dollars in “advanced coal” tax credits from the Department of Energy, as well as federal and local incentives.

Right.

 

[Corruptbuddha]

Seventeen views and not one comment?

Wow.

 

[marvin martian]

Seventeen views and not one comment?

Wow.

You're not going to get one from the lefties, unless it's a personal insult or an attack on your source.

 

[Dino]

"You scratch our back, we'll scratch yours."

Right about here I knew that Duke wouldn't be seeing a penny of those $:

At the end of the day, we’ll do our best to get our money back,” he told the Charlotte Observer in a January interview. “But if we don’t, it’s just a contribution we’re making..... bye bye!

Is there a requirement for bailout money to be paid back? If not, with no prior agreement, this was likely a criminal act.