NLPC has piled pixels in reporting the crony capitalism and gaming of government regulations by Duke Energy CEO James Rogers, who has favored a political engagement approach to the conduct of business rather than the delivery of services to consumers at affordable prices. That’s how the electricity business works: when you have monopoly control and are guaranteed a profit by your regulators, then you don’t have to worry about besting your competition to earn your customers.
In March NLPC reported that Duke Energy guaranteed a $10 million loan to the Democratic National Committee to host its 2012 convention in Charlotte, NC – the utility’s hometown. Now Duke CEO James Rogers – who heads the fundraising effort as co-chair of the DNC host committee for the convention – is silent about how much money has been brought in so far.
The Democratic National Convention early next September will be held in Charlotte. It's a city without a single union hotel. And it's located in Right to Work North Carolina. Union officials and partisans don't like this. The party's choice of convention site, then, can be seen as a symbol of a growing rift between the party and the unions. Union leaders, for all practical purposes, have nowhere else to go. And most rank and file still vote reliably Democratic. A schism is almost out of the question.
The Internal Revenue Service (IRS) has unexpectedly and retroactively granted tax-exempt 501 (c)(3) status to the Barack H. Obama Foundation following our formal Complaint that the Foundation was soliciting tax-deductible contributions without such status.
The Foundation is headed by Abon'go Malik Obama, President Obama's half-brother, and named for their common father. It came under scrutiny earlier this year when NLPC raised questions about its tax status and what has happened to the money it has raised.
President Obama will not use the word "stimulus" in apparent recognition that his previous policies have failed. Instead, he will use the word "investment," which is a complete misnomer. An expenditure can only be called an investment if there exists the possibility of a profit.
Infrastructure spending by the federal government promotes corruption because the work goes to the most politically well-connected contractors. At the state level where the money is spent, it is often "pay to play."
Advocates of racial/ethnic affirmative action quotas typically travel under the benign-sounding banner of "diversity," so long as it doesn't involve a diversity of opinion. President Obama's executive order last Thursday, August 18 requiring federal departments and agencies to increase hiring and promotion of nonwhite minorities is yet another example. The mandate, Executive Order 13583, is titled, "A Coordinated Government-Wide Initiative to Promote Diversity and Inclusion in the Federal Workforce." One notices words such as "efficiency" and "accountability" didn't make the cut. That's because over its four decades, "diversity" from the start has been about the allocation of economic rewards through force and guilt. The result most likely will be a federal bureaucracy committed more fully to racial payback.
As a tactic for generating federal subsidies, "bait and switch" works. Case in point: The now-defunct Association of Community Organizations for Reform Now, or ACORN. The blogosphere has been alive during the past week over the release this past March by the U.S. Department of Housing and Urban Development (HUD) of a grant of nearly $80,000 to Affordable Housing Centers of America, which until 18 months ago operated as ACORN Housing Corporation. Though the grant was a carryover from fiscal year 2010, the revelation notwithstanding raises the possibility that the Obama administration is ignoring a 2009 congressional ban on federal support to ACORN and its affiliates, a ban overturned by a lower court but restored by a federal appeals court.
Last August, things looked sunny for former Illinois Democratic Governor Rod Blagojevich. He and his lawyers had just obtained a hung jury on 23 of 24 corruption charges. But Justice Department prosecutors, confident they had their man, continued to pursue the case - and this time with different results. Last Monday, June 27, a Chicago federal jury, after nine days of deliberation, found the man known as "Blago" guilty on 17 of 20 charges, nearly a dozen of them related to his attempts during the fall of 2008 to fill the pending Senate vacancy left by President-Elect Barack Obama in return for campaign cash.