The Blog$10 Million Payday for DNC from Energy Corporation9:01 AM, Mar 1, 2013
• By DANIEL HALPER
Today is a good day for the Democratic National Committee. Duke Energy, which helped bankroll the Democratic convention in Charlotte last year with a $10 million loan, announced it would forgive the Democratic party of its massive debt. "Duke Energy won’t be repaid the $10 million line of credit it guaranteed for Charlotte to host last year’s Democratic National Convention, the company confirmed Thursday," reports the Charlotte Observer.
As the article details, the $10 million gift from Duke violates the Democrats' self-imposed ban of taking corporate donations. But what difference, at this point, does it make? The election is long over, anyway. Recent Blog PostsThe Weekly Standard ArchivesBrowse 18 Years of the Weekly Standard
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