Sweet Revenge – Aubrey McClendon loses $1.8 billion!

Aubrey McClendon was one of the partners in the group of rich energy thugs who stole the Seattle Supersonics and moved them to Oklahoma City.

People in Seattle were also incensed when they learned that he was a leading benefactor to the Swift Boat Campaign which is credited for swinging the 2004 Presidential election to a fellow wildcatter, George W. Bush. Not only that, but he was active in anti-gay marriage causes, which did not endear him to progressive citizens of Seattle either.

Well now comes the news from StreetInsider.com and the Wall Street Journal that McClendon was a big loser when he had to cover some margin calls on his own company’s stock, Chesapeake Gas Company. His total loss was $1.8 billion!

As the Insider asks, why did Aubrey McClendon have to buy stock in his own company on margin? Because he was GREEDY!

Good riddance, Mr. McClendon. I hope you can live on the mere $400 million you have left.

Latest Disney movie with Sarah Palin

Bob Barr: Federal Drug War Rethought

Bob Barr, the Libertarian Party candidate for President, who as a congressman led the drive to impeach President Clinton, has seen the light on the drag war at least:
Bob Barr: Federal Drug War Rethought

Latest Obama Commercial hits home

Update on Golden Gardens Drive repairs

Even though Seattle’s city government says that repairs on Golden Gardens Drive Northwest will start in July (now), there doesn’t seem to be much going on there.

What they have done is try to fence off the area from pedestrians and bikers, but this has met with limited success. On the north side a narrow trail around the fence is obviously being used. On the south about 4 feet of the fence has been torn down.

Otherwise, except for some yellow tape and some clean-up, it looks pretty much the same as it did shortly after the road collapsed last December 3rd after torrential rains caused a car to drop into the sinkhole.

It’s actually kind of peaceful there. One expects to run into a coyote or eagle. It’s easy to see that after a year or two the area could be claimed again by the berry bushes.

According to the city the road will be open again by the end of the year. We shall see!