Paying for the Democrat Convention Via Your Electric Bill

If you live in an area served by Duke Energy you may be helping to pay for the Democrat Convention:

Energy company secures credit line for Democratic National Convention out of goodness of its heart -- "Duke Energy Corp., whose CEO is leading the fundraising for the Democratic National Convention, is guaranteeing a $10 million line of credit for the event," reports the Charlotte Observer. "Duke faces increasingly heavy costs from federal environmental rules, and will shutter some of its old coal-fired power plants rather than upgrade them. The utility also plans to build an $11 billion nuclear plant in South Carolina that has to be approved by state and federal regulators. UNC Charlotte public policy expert David Swindell has said Rogers' involvement can only help Duke in seeking energy subsidies from the Obama administration. Others say the company could at least expect goodwill from the party that controls the White House." 

Two problems, Duke: There's no guarantee the Democrats will be in the White House in 2013, and that nuke plant you want is now in serious trouble thanks to the problems in Japan. This will not prove to be a very good investment.