SamSuka
LastStandMedia
LastStandMedia

patreon


News Burst: May 10, 2017

 

Hello!

I hope today’s News Burst finds you all very well, indeed. I’m in the middle of editing tomorrow’s video, which will, as always, go live at 9a PT. I hope you all enjoy it.

Two notes: First of all, the video I had planned going out on social media today will now go live on Friday, so keep an eye out for it, and let me know what you think. Secondly, I was up until 5a last night editing, rendering, and posting this month’s Q&A video, so if you are at the $10+/month level, be sure to check that out if/when you can.

I think that’s pretty much it. On to the news!

“Festering Anger” Caused Comey’s Firing: https://www.nytimes.com/2017/05/10/us/politics/how-trump-decided-to-fire-james-comey.html

My Take: Not surprisingly, today’s political news centers almost entirely around yesterday’s firing of FBI Director James Comey. This New York Times article offers some interesting insight into the supposed process and train of thought that went into the firing, and seems to mimic a lot of what  I’ve read elsewhere, at spots like Politico and The National Review, along with other publications: That this was a long time coming, with active conversation about Comey’s firing happening in The West Wing over the last week.

Sarah Huckabee Sanders, who has been filling in for Sean Spicer as acting Press Secretary (and seems likely to take over his job outright, if rumors out of the White House are any indication), did tell the press today that Trump had been considering this move since he took office, and that his pre-election, pre-swearing-in chatter about Comey -- which painted the FBI Director in a more positive light -- was made before he had all of the information he needed. To her credit, she’s a lot better at that job than Spicer. It’s weird hearing someone say logical things, because that’s a logical answer. Or at least as logical as it’s going to get, considering the circumstances.

The word is that Trump had the blessing of most people around him to dismiss Comey, including his son-in-law, Jared Kushner, the VP, his official counsel, and others. Interestingly, it was Steve Bannon who thought firing Comey, at least at the present, may have been a misstep, and I think he’s right. If the intention was to fire Comey, it would have been smarter to do it later, when the investigation into Trump, Russia, and the like had died down, or had borne no fruit. I’m still of the mind that Trump isn’t stupid enough to make a move like this that would so obviously further injure him if he were hiding something, but who the hell knows at this point.

(Related Story | Comey Was Seeking More Resources Before Firing: https://www.washingtonpost.com/news/post-politics/wp/2017/05/10/comey-sought-more-money-for-russia-probe-days-before-he-was-fired-officials-say/?utm_term=.6d8228ecfe2f)

Politics Rule the Day: https://twitter.com/realDonaldTrump/status/862460991451344896

My Take: I know it's a video put out by Donald Trump on his Twitter account, but... well... he kinda has a point. Give it a watch.

The Senate Subpoenas Michael Flynn: http://www.huffingtonpost.com/entry/michael-flynn-subpoena_us_591393dae4b030d4f1ef8bfe?ncid=inblnkushpmg00000009

My Take: More specifically, the Senate Intelligence Committee is interested in acquiring documents apparently in the possession of Michael Flynn that he refused to supply to the committee openly. Therefore, the Senate has taken the next legal step of subpoenaing those documents -- and Mr. Flynn, by proxy -- as the investigation into Russia’s supposed and accused interference into the 2016 American election continues.

You’ll remember that, some weeks ago, Michael Flynn offered to testify to the appropriate bodies responsible for the investigation in exchange for blanket immunity. His lawyer argued that this was a pretty normal course of action for a person in his position, which seems fair enough, but the feds declined his offer, and it doesn’t necessarily seem like that offer is back on -- or anywhere near -- the table. The nature of these documents is unknown, but the request for them, via subpoena, was made in a bipartisan nature, with both Republicans and Democrats in the Senate in on it.

The subpoena has tenuous -- if any -- connection to the Comey firing or other goings-ons at the FBI. Rather, the request has come in tandem with requests for documents from other questionable Trump associates -- all long gone from the campaign and/or administration -- including Paul Manafort, Carter Page, and my favorite of the bunch, Roger Stone, who is such an interesting, mysterious, and calculating figure. I can’t wait for that Netflix documentary about him.

Lester Holt Scores Huge Donald Trump Interview by Accident: http://money.cnn.com/2017/05/10/media/lester-holt-nbc-president-trump-interview/index.html

My Take: It seems Trump is going to run headlong into the controversies surrounding him, and attempt to take them down directly. A smart move, both politically and optically, if I do say so myself. NBC’s Lester Holt is the man who has scored the exclusive this time around; interestingly, the interview was scheduled and slotted before Comey’s forced exit from the FBI, making this interview more and more fascinating, indeed.

The interview is set to be recorded on Thursday; when the interview airs in its entirety doesn’t yet seem to be known, but my assumption is we’ll see it long before the week ends.

Looks Like The Rock is Gonna Run: http://www.gq.com/story/dwayne-johnson-for-president-cover

My Take: This is a really long -- and really interesting -- interview with Dwayne “The Rock” Johnson, and it’s worth a read in its entirety. He seems like a really good, decent, down-to-Earth man, and while the writer might have been hamming it up just a little bit for effect, I’ve often heard (and read) that he’s exactly as he’s described in this interview. Personable, warm, and patient. Sounds like he could be a good president, at least when it came to personality and temperament

The important piece here, at least for our use, is buried deep in the story. He was asked flat-out if he’s going to run for president. His answer? “I think that it’s a real possibility.” That’s an exceptionally honest and candid answer from a man who is going to soon learn, should he run, that he can never be that candid (although he should always be that honest). But then again, maybe he’d run as a different kind of man, and a different kind of candidate. Donald Trump winning has opened the door for everyone, and some people, like Oprah and Mark Cuban, have been more honest about it than others.

Dwayne Johnson, as far as I can tell, was -- and perhaps still is -- registered Republican. But he has socially liberal and progressive viewpoints, and seems to fit more in line with what we might call a moderate today (I consider myself one of those, too). Would he primary Trump as a Republican? Could he run as a Democrat? I think he runs independent, if he runs at all. It’d be fascinating to see what kind of response he’d get. Frankly, he could win.

Betsy DeVos Viciously Booed at Commencement Address: https://www.youtube.com/watch?v=nciqkO1T4g0&ab_channel=FOX10Phoenix

My Take: I won’t waste too much time writing this up. You should just watch it. The bigger question here is one I’ve been thinking of for some time: Who thought it was a good idea to let Betsy DeVos give a collegiate commencement address anywhere in the country, nonetheless at an historically all-black -- and therefore inherently fervently Democratic -- college?

It could have only went this way. I have no idea if anyone thought there would be a different outcome.

Aetna Bailing Out of Obamacare: http://www.foxbusiness.com/markets/2017/05/10/aetna-to-completely-pull-out-obamacare-exchanges-by-2018.html

My Take: I think one of the things lost during the whole Obamacare repeal/Trumpcare shove-through that happened recently (and is still raging all-the-while) is that Obamacare is still systemically broken, collapsing under its own weight, and in dire need of actual, real repair. This story shows you why that is: Aetna, a massive health insurance company, is straight-up bouncing from Obamacare exchanges beginning in 2018.

The states in question in the story are Nebraska and Delaware. Both states will be Aetna-less in 2018, leaving both states with a single health insurance option on the public exchange. Which simply means there will be no competition and no real reason to keep costs low. Which means that the death spiral is continuing unabated.

Aetna lost a shocking $700 million participating in the exchanges in only three years, and anticipates that number to go up to $900 million total by the end of this year. I’d want out, too. The system is so fucked, so broken, so seemingly beyond repair. Hopefully, the adults step up soon.

Comments

You can tag team switch, depending on what type of beatdown is called for.

Jeremy Meyer

Oh. =(

Colin Moriarty

If u think about it. They are both clowns. Least some good things are happening. Illegal immigration is way down and unemployment is low. I'd say if Dwayne Johnson plays his cards right, he'd do what Arnold could never achieve.

John Barton

Because you don't look like The Rock.

Jason Kelley

If they were seeing and projecting a loss in every market, I would agree. But they even pulled out of the Florida market, which was projected to be profitable. You're definitely right about this only scratching the surface though. I worked in the finance department for UnitedHealth Group for 5 years. They don't really think year over year. They typically have 5-10 year plans, and everything is strategically thought out. Aetna is relatively smaller, but I would imagine they have the same mindset. Pulling out of all markets after three years, even in the ones that could make them money? I just don't buy it.

Why can't I be at the top of the ticket? =\

Colin Moriarty

People close to me in health care pretty much unanimously echo what you say. Totally broken.

Colin Moriarty

He's got the intangibles, right? He's kind, he's handsome, he's likable, he's smart. Depending on what his policies were, I'd vote for him, too. Like you said, we have a cartoon character as we speak. Won't get any worse.

Colin Moriarty

I'm with Phil here in the sense that the numeric loss is the numeric loss. That said -- as with anything related to an insurance company -- I'm sure much more is going on here than meets the eye.

Colin Moriarty

I wanna do something on Obamacare/Trumpcare, but I'd like to wait until it either gets out of the Senate or is officially dead, so it's a little more topical.

Colin Moriarty

The Rock - Moriarty 2020

Jeremy Meyer

Human sacrifice, dogs and cats living together... mass hysteria!

Jeremy Meyer

DOJ keeps going on record that everything the media reports is false.

Jeremy Meyer

As someone who works in the health care industry I can confirm the system is completely broken. It doesn't work for doctors, it doesn't work for patients, I don't even think it works for insurance companies. I don't know that a capitalist, profit first type of system can work in healthcare. It will never put the patient first. It will always prey on the sick because they are the most expensive to cover.

Ray Briggs

No I meant Trump

Dan Phillips

you mean the clown who left.....

Eric Williamson

As stated in the article I linked, "U.S. District Judge John Bates concluded this week that Aetna's real motivation for dropping Obamacare coverage in several states was "specifically to evade judicial scrutiny" over its merger with Humana." No one said the numbers were fabricated, but Aetna was looking at a $34 billion merger with Humana before it was blocked. $700M is nothing to sneeze at, but for a company the size of Aetna, they think in billions, not millions. And an Antitrust lawsuit would hurt them a lot more than the $700M they lost in the last three years. Also, I feel the need to add that they actually had a net profit each of the last three years.

A smoke screen how? They lost $700M! As a publicly traded company, you can't just fabricate numbers like that.

Phil Crone

I work for Humana and would love to see (and even assist with any public knowledge and insight I have) on a video like that. The whole thing is a mess. We all really should have known about six months into the Exchanges, but it took everyone 3-4 years to finally admit that the situation was untenable.

Phil Crone

I'd probably vote for the Rock. I mean could he seriously do any worse than the clown we have now?

Dan Phillips

An overhaul of the ACA is crucial, but this is a smoke screen in my opinion. Aetna wanted to merge with Humana, but got blocked. This was their threat if said merger got blocked, which seems to be a means to avoid legal scrutiny. <a href="http://money.cnn.com/2017/01/24/investing/aetna-obamacare-humana-merger/" rel="nofollow noopener" target="_blank">http://money.cnn.com/2017/01/24/investing/aetna-obamacare-humana-merger/</a>

I think it's really fascinating that the exchanges have really failed and that the carriers have pretty much pulled out and condemned it to die. But what's crazy is how much the news has not reported on this. Like Humana pulled out, United Healthcare pulled out as well. Colin if you read this you should do a video on the death spiral of Obamacare and the exchanges and the dates when they pulled out.

Brogan Wassell


More Creators