CEO Robert D. “Doug” Lawler found in examining the company’s books a $110 million bill for two parking garages, Faber reported Monday. That was part of about $30 billion in spending above cash flow that happened from 2010-12, while the late Aubrey McClendon was CEO and prior to Lawler taking over in 2013.
Other revelations include a wine collection in a cave hidden behind a broom closet in the Chesapeake office. Extravagances further included a season ticket package to the NBA’s Oklahoma City Thunder that was the biggest in the league and a lavish campus that was modeled after Duke University, complete with bee keepers, botox treatments and chaplains for employees.
In the Chapter 11 announcement, Lawler added that the company is “fundamentally resetting” its capital structure and business “to address our legacy financial weaknesses and capitalize on our substantial operational strengths.”
Peel me a grape!
…Top U.S. COVID-19 adviser Anthony Fauci recently blamed the country’s ineffective pandemic response on an American “anti-science bias.” He…compared those discounting the importance of masks and social distancing to “anti-vaxxers” in their “amazing” refusal to listen to science.
It is Fauci’s profession of amazement that amazes me. As well-versed as he is in the science of the coronavirus, he’s overlooking the well-established science of “anti-science bias,” or science denial.
Americans increasingly exist in highly polarized, informationally insulated ideological communities occupying their own information universes…
In theory, resolving factual disputes should be relatively easy: Just present strong evidence, or evidence of a strong expert consensus. This approach succeeds most of the time, when the issue is, say, the atomic weight of hydrogen.
But things don’t work that way when scientific advice presents a picture that threatens someone’s perceived interests or ideological worldview. In practice, it turns out that one’s political, religious or ethnic identity quite effectively predicts one’s willingness to accept expertise on any given politicized issue.
It’s called “Motivated reasoning”, folks. The American Way.
With clueless in charge, what hints we get are useless.
That has to be the headline of the week!
A judge has ruled that Rep. Devin Nunes has no right to sue Twitter over statements made by a fake Internet cow, someone parodying his mother and a Republican strategist.
Judge John Marshall said in a decision Friday that Twitter was “immune from the defamation claims of” Nunes, R-Tulare, due to federal law that says social media companies are not liable for what people post on their platforms…
Nunes “seeks to have the court treat Twitter as the publisher or speaker of the content provided by others based on its allowing or not allowing certain content to be on its internet platform,” Marshall wrote. “The court refuses to do so…”
Absolutely hilarious. A pleasure to see this happen to Congress’ creepiest version of what passes for a Republican conservative, nowadays.
Joshua Stevens/NASA Earth Observatory
The Arctic heat wave that sent Siberian temperatures soaring to around 100 degrees Fahrenheit on the first day of summer put an exclamation point on an astonishing transformation of the Arctic environment that’s been underway for about 30 years.
As long ago as the 1890s, scientists predicted that increasing levels of carbon dioxide in the atmosphere would lead to a warming planet, particularly in the Arctic, where the loss of reflective snow and sea ice would further warm the region. Climate models have consistently pointed to “Arctic amplification” emerging as greenhouse gas concentrations increase.
Well, Arctic amplification is now here in a big way. The Arctic is warming at roughly twice the rate of the globe as a whole. When extreme heat waves like this one strike, it stands out to everyone. Scientists are generally reluctant to say “We told you so,” but the record shows that we did.
The question now on the table is will nations led by fools who continually reject science change their practices in the least? Or are the residents of the planet stuck into a downward spiral, refusing to act – for whatever excuses they adopt – until it is too late to halt our collective demise?
No stickers. Not a lotta fans, either!
Hours before President Donald Trump took the stage last Saturday at the BOK Center in Tulsa, Oklahoma, for his first rally in the COVID-19 era, arena workers were busy labeling thousands of seats with “Do Not Sit Here Please!” stickers to promote social distancing, part of a new safety protocol at the arena known as VenueShield.
Campaign staff quickly radioed over to an executive at ASM Global and asked the arena to stop labeling the seats. In fact, “they also told us that they didn’t want any signs posted saying we should social distance in the venue,” says Doug Thornton, executive vp for ASM Global, who oversees nearly 100 arenas across five continents…
Thorton said ASM was simply following the company’s new VenueShield program, developed with doctors, industry experts and infectious disease specialists to prevent the spread of coronavirus at ASM’s 325 venues worldwide. The event was general admission-only meaning all seats were first come, first serve. The stickers were a mandatory component of VenueShield, ASM continued stickering every other seat when something unexpected happened: “The campaign went through and removed the stickers,” says Thornton…
The sticker episode concluded an anxiety-filled week for BOK Center staff wherein hundreds of Trump campaign workers inside the building inconsistently followed basic safety protocols like wearing masks and social distancing…
While the Trump campaign undermined arena mitigation efforts to protect attendees from the coronavirus, it did take steps to limit its own liability by requiring rally attendees to sign away their rights to sue if they contracted COVID-19.
Chickenshit as ever. Trump Republicans don’t give a damn about the dolts who vote for him. They DO CARE about being sued by the people they infect and sicken
Thanks, Clay Bennett