3 Comments

  1. Dorothy Riley
    March 23, 2011 @ 11:28 pm

    A disgraceful and hypercritical action. Buying the White house is not acceptable. Reject the funding now.

    Reply

  2. Sheria
    March 25, 2011 @ 8:49 am

    Facts are important. Duke Energy offered a line of credit to the DNC to guarantee the costs of the 2012 Democratic Convention which is being held in Charlotte, NC. Duke Energy has not offered nor has the President accepted a $10 million loan to finance his re-election campaign.

    While the relationship between a Democratic president and the DNC is symbiotic, the DNC is not the President’s re-election campaign committee.

    This Duke Energy/ DNC partnership is disturbing and no doubt needs addressing, however, this president, nor any president is officially responsible for the actions of the party in hosting its convention. This is a questionable financial deal between Duke Energy, the DNC, the bank and several other corporate entities in NC that wanted to see the Convention held in Charlotte. It should be noted that all the papers have been signed and the President’s signature isn’t on any of them. As there are multiple players in this financial arrangement it is not likely that this contractual agreement will be voided.

    Regrettably, much of the buzz on the Net has gone for the attention grabbing headline and the stories lead with the shocker that Obama is receiving a $10 million loan from Duke Energy. Buried in the middle of the story is some reference to the DNC, although some of the stories never clarify the DNC connection. Conservative bloggers appear to have fed this frenzy and unfortunately progressives have picked it up to the extent that people are generating efforts to tell the President to “just say no.” He can’t reject what hasn’t been offered to him. This deal was not brokered by the White House and cannot be undone by the White House.

    This story is local for me; I live in North Carolina. The Charlotte Observer has a factual account regarding the line of credit that Duke Energy has offered to the DNC. The story is detailed if you are interested in the ins and outs of the deal,The line of credit may or may not be utilized by the DNC; however, there is certainly cause for concern as the line of credit, if utilized, would appear to be a contribution (to the DNC not the President’s re-election campaign).

    The first link is to the article in the Charlotte Observer, the second to a piece in The Huffington Post.

    http://www.charlotteobserver.com/2011/03/12/2133391/duke-guaranteeing-10m-line-of.html

    http://www.huffingtonpost.com/2011/03/17/democrats-green-energy-double-standard_n_837007.html

    Reply

  3. Tsunamis, Nukes, and Climate Change | Michael Feinstein
    April 11, 2011 @ 9:32 pm

    […] for his congressional and presidential campaigns from nuclear industry employees and the $10 million loan offered to the 2012 Democratic National Convention by nuclear power company Duke En… be clouding his vision? Accountability and politics Where is the accountability for this in our […]

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