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CNBC The Profit July 13, 2024

Out of millions of dollars. Medawar was extraordinarily, um, good at what he did. He was the consummate con man. [ music ] i would ask the, uh, witnesses to, uh, rise. Andand raise your right hand. In the summer of 2002, a ceo is called before congress, grilled about why his company has gone bust, and why shareholders have lost a total of 180 billion. Each of you is now under oath. Good afternoon, mr. Chairman. I served as ceo of worldcom for 17 years. During that time, i helped a Small Company rise to one of americas largest corporations. Bernard ebbers, former ceo of worldcom, symbolizes an era of corporate greed and fraud. Worldcom is one of the fastest Rising Companies in u. S. History. And one of the hardest to fall. The year is 1983. At a diner in the small town of hattiesburg, mississippi, local businessmen meet over coffee and donuts. Ma bells monopoly on
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RT Front Running July 13, 2024

Limit our fossil fuel consumption and so we cant just talk about banning fracking without talking about specifics on alternatives to liquid transportation fuels and alternatives to natural gas in the power sector obama did call it a bridge fuel in terms of getting us off coal but it seems to be much more of a geo political issue we see with the fracking and the doubling of production its really hailed across bipartisan issues as like where the Number One Oil producer in the world so once it jumps to that level it becomes way more difficult to get off it what do you think about this the Obama Administration could take this is a when i think weve seen the world flip flop from 2008 to today weve basically seen the us go from importing 50000000 barrels a day of oil to down to less than 2000000 barrels a day at the same time china is now importing. Almost 10000000000 barrels ....

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RT Front Running July 13, 2024

Environmental issues related to fracking which involves injecting water because with chemicals in particular its like sand very High Pressure deep into hard rock formations youre basically putting a jet engine on the drill and using water at High Pressure instead of the drilling operation so theres tons of Environmental Issues water issues but theres also Climate Change the more oil and natural gas produce we produce the more Greenhouse Gas emissions we emit into the atmosphere and so i think what young people are responding to is we have to respond to the Climate Crisis and the only way to effectively respond to the
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RT Front Running July 13, 2024

Seen the us go from importing 50000000 barrels a day of oil to down to less than 2000000 barrels a day at the same time china is now importing almost 10000000000 barrels a day so now china has become what we were in the seventys and we had the oil crisis i mean the next problem with oil come out of the middle east our strategic rival china is going to a big problem and over here were going to be pretty much selfsufficient so i think in terms of domestic resources it was a win in terms of Climate Change it was a win the u. S. Is the only region in the world that has actually reduced its emissions since 2005 reduced about 7 percent and thats because were replacing the dirtiest fuel coal with natural gas so this idea of banning fracking is a big gain of pollutants absolute you would watch it you would see number one our Living Standards are completely dependent on our electric ....

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RT Front Running July 13, 2024

The neo liberal policy for democrats that was really championed now the Younger Generation theyre against what do you think about fracking and should we ban it or is it an issue well fracking obviously is sort of the centerpiece of u. S. Fossil fuel production there are huge concerns not just about some of the Environmental Issues related to fracking which involves injecting water because with chemicals and particulates like sand very High Pressure deep into hard rock formations youre basically putting a jet engine on the drill and using water at High Pressure instead of the drilling operation so theres tons of Environmental Issues water issues but theres also
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