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.
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5 comments:
This is certainly news and should have credit. But as we know , nothing will be done as Obama rapes the country and the democrats are laughing about it.
Just sit back and get used to it , being honest is a thing of the past , we have lost our values and are on our way to the bottom.
Thanks for the media (Salisbury News) , never will we hear about this with the MSM.
That's what they get for doing business with criminals.
LOL! That's what they get for dealing with them in the first place.
It serves Duke Power right. If they thought that they had a legal deal with the DNC, they were stupid. Democrats don't follow the law. Problem is that now the Duke Power rate payers will have to pick up the cost of the losses with a electric rate increase. They will be granted a request for the increase because the Democrats manage the Public Service Commission. The PSC will, of course approve the rate increase.
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