- Soft money, silent money
It’s easy to track money that goes straight from a donor to a candidate.
But donors also can infuse candidates with cash indirectly — and more discreetly. They can give money to political action committees or special interest groups, which then donate money to a candidate.
Indirect contributions let donors circumvent laws limiting how much money they can give directly to a candidate.
Corporations and big-money donors across America take advantage of the loophole.
Duke Energy is no different. Since 2008, the company has donated millions to pro-McCrory groups: the N.C. Republican Party, the Republican Governors Association and the Republican State Leadership Committee.
What’s not known, however, is whether Duke or its employees donated to such groups as Renew North Carolina, a pro-McCrory committee that doesn’t have to disclose its donors.
“Duke and McCrory should release that information to the public now,” said Bob Hall of Democracy North Carolina.
Margaret Moffett Banks
Posted: Tuesday, February 25, 2014 10:20 pm
Meet the hottest four-letter word in North Carolina politics: Cozy.
Environmental advocates and government watchdogs have been using the word recently to describe the relationship between Duke Energy and Gov. Pat McCrory.
Tuesday, February 25, 2014 10:20 pm.