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I see that American Airlines fired 19 THOUSAND people today, a few months after their $6 billion bailout.

Did you know that CEO Doug Parker cashed in $200 million in stock-based comp over the past 7 years?

Burn. It. The. Fuck. Down.

#BITFD

epsilontheory.com/do-the-right-t…
From 2014 - 2019, the same years that CEO Doug Parker pocketed $200 million in stock-based comp, American Airlines had *negative* free cash flow of $3.2 billion.

And took on an additional $14 billion in debt.

And bought back $13 billion of its stock.

#BITFD
How did CEO Doug Parker do for his American Airlines shareholders from 2014 - 2019, the years where he pocketed $200 million in stock-based comp?

Over this six year period, AAL stock was up 13%. Not 13% per year, but 13% over SIX YEARS of the best bull market in history.

#BITFD
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Ben Hunt
@EpsilonTheory
This Bloomberg article on the trickle-down supply of PPE to frontline healthcare workers and first responders hit a nerve.

So here’s a long thread on the truth about PPE supply in the United States today.

bloomberg.com/news/articles/…
My bona fides to talk about this stuff…

Since March, we’ve purchased and distributed about 120,000 N95 and KN95 masks to about 1,100 hospitals and clinics, police and fire depts, prisons and shelters.

We know masks, and we have a unique view of the real-world Covid situation.
We don’t compete with federal and state emergency authorities. We also don’t WAIT on federal and state authorities.

We send 100-200 masks directly to doctors, nurses, EMTs, public safety officers and social workers in urgent need of PPE, and they hand out to their teams.
Read 13 tweets
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Ben Hunt
@EpsilonTheory
I am so FUCKING tired of coronavirus truthers. A thread.
“Increased cases don’t matter. Just shows we’re testing more.”

Cases are exploding in states like Alabama, despite little or no increase in testing. Note the high rate of positive tests, too.
“Hospitalization rates are flat.”

All-time highs in hospitalization of confirmed Covid-19 patients in states like AL, and if you included unattributed pneumonia cases it would be even higher.
Read 5 tweets
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Ben Hunt
@EpsilonTheory
A personal thread on Covid-19, healthcare consumption, and … pain.

epsilontheory.com/no-country-for…
For the past five months, ever since I published this note about the biology of the virus and the lies China was publishing about its spread in Wuhan, Covid-19 has been a daily companion.

epsilontheory.com/body-count/
My other daily companion has been pain.

I’ve got the genetics for varicose veins, and unfortunately mine manifest themselves in a nerve-rich area of the body – my ass.

Yes, I have terrible hemorrhoids.
Read 14 tweets

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