HomeUncategorized7/30 News Roundup – Abdul El-Sayed Rallies With Alexandria Ocasio-Cortez, Ahed Tamimi ‘Freed’ & More
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orlbucfan

Hey there LD (and JD)!
Congrats on the job. I know it’s corpse (h/t pb4), but it’s $$ for now. Plus, you can relax and keep on networking at the political PR/Communications end. You’re gifted, and you will find your niche. I just hope I’m around long enuff to hear about it. LOL. Your photos are lovely and need framing. What a great honeymoon you 2 celebrated! Welp, T and R to the usual (and they know who they are) TPW suspects!! 🙂

polarbear4

yes, LD, congrats!!! (and no need to h/t me, orlbucfan–seeing others use it is fun! :O)

orlbucfan

Thanks! It’s clever wordplay, and I love that stuff. 🙂

jcitybone

http://thehill.com/homenews/campaign/399464-massachusetts-ag-endorses-progressive-challenger-to-incumbent-dem-lawmaker

Massachusetts Attorney General Maura Healey on Monday endorsed progressive congressional candidate Ayanna Pressley.

Pressley, the first woman of color elected to the Boston City Council, is taking on Rep. Michael Capuano (D), who has held the seat for almost 20 years.

“Today, I’m endorsing Ayanna Pressley to be the next Congresswoman representing my district, the historic 7th District of Massachusetts,” Healey tweeted. “For me, this isn’t political, it’s personal.”

jcitybone

http://thehill.com/blogs/blog-briefing-room/399458-ohio-farmer-compares-farmers-under-trump-to-stormy-daniels-screwed

An Ohio farmer in an op-ed piece compared the plight of American farmers under President Trump to adult-film star Stormy Daniels’s situation, saying that both got “screwed” and then paid off.

Christopher Gibbs, a farmer who worked with the USDA on the federal level for 30 years, penned the piece for Ohio’s Sidney Daily News, saying that Trump’s plan to bail out farmers affected by his tariffs is proof that his trade policies are “folly.”

Trump’s Agriculture Department announced last week that it would offer $12 billion in aid to farmers who have been hurt by retaliatory tariffs that came in response to Trump’s decision to impose levies on imports from other countries.

“Let me tell you a riddle,” Gibbs wrote. “ ‘I slept with a billionaire because he said he loved me. I expected to make love, but in the morning I realized I was getting screwed. When I went to tell the world, I was offered cash to keep my mouth shut.’ ”

“Who am I?” he wrote. “No, I’m not a model or someone named Stormy. I’m the American farmer.”

wi61

Why are the Farmers so shocked!!! most farmers in Wi vote for any R all the time.

Benny

Someone at TOP reported that 150 folks had to be turned away from the rally in Ypsilanti because the event filled up so quickly. I wish they had done what Bernie generally does, which is to go out to the crowd outside and speak to them while the other speakers were giving their acknowledgements to the supporters.

orlbucfan

Benny, could you link to it? I looked over there just now, and couldn’t find it. Thanks!

Benny
Benny

What if a real populist won…

Don midwest
Don midwest

How about a single cause of env crisis.

CAPITALISM

yep

a leading French Philosopher, Marxist (not the guy that I recommend here over and over, the polymath Bruno Latour)

one stop shopping for an answer from none other than

Alan Badiou

I have never read his material but have heard his name. He recently lays out the case

Capitalism, sole culprit of the destructive exploitation of nature

another Marxist has a great line (not sure it has been modified over time)

“it is easier to imagine the end of the earth than the end of capitalism”

Don midwest
Don midwest

continue to hate Obama

lifted up Trump at White House Correspondents dinner

Before I forget, and if I said this before, here goes again

On Book TV a publisher noted that politics is entertainment and entertainment is politics and that is why journalists don’t know how to cover Trump , and why Trump continues to play the press like a fiddle

Benny

This The Hill reporter originally covered Occupy events. Looks like after a year in DC, she’s drunk the Establishment kool-aid:

http://thehill.com/policy/healthcare/399450-bernie-sanderss-medicare-for-all-would-cost-326-trillion-study

We know it will not cost that much.

polarbear4

jake johnson tweet saying it will cost $300 billion. not sure if “copy tweet link” will work.

Benny

From Jacobin:

n the report, Charles Blahous attempts to roughly score Bernie Sanders’s most recent Medicare-for-All bill and reaches the somewhat surprising (for Mercatus) conclusion that, if the bill were enacted, the new costs it creates would be more than offset by the new savings it generates through administrative efficiencies and reductions in unit prices.

The report’s methods are pretty straightforward. Blahous starts with current projections about how much the country will spend on health care between 2022 and 2031. From there, he adds the costs associated with higher utilization of medical services and then subtracts the savings from lower administrative costs, lower reimbursements for medical services, and lower drug prices. After this bit of arithmetic, Blahous finds that health expenditures would be lower for every year during the first decade of implementation. The net change across the whole ten-year period is a savings of $303 billion.

When talking about Medicare for All, it is important to distinguish between two concepts: national health expenditures and federal health expenditures. National health expenditures refer to all health spending from any source whether made by private employers, state Medicaid programs, or the federal government. It is national health expenditures that, according to the report, will decline by $303 billion.

Federal health expenditures refer to health spending from the federal government in particular. Since the federal government takes on nearly all health spending under Medicare for All, federal health expenditures will necessarily go up a lot, $32.6 trillion over the ten-year period according to Blahous. But this is more of an accounting thing than anything else: rather than paying premiums, deductibles, and co-pays for health care, people will instead pay a tax that is, on average, a bit less than they currently pay into the health care system and, for those on lower incomes, a lot less.

At first glance, it is strange that the Mercatus center, which is libertarian in its orientation and heavily funded by the libertarian Koch family, would publish a report this positive about Medicare for All. The claim that “even the Koch organizations say it will save money while covering everyone” provides a useful bit of rhetoric for proponents of the policy.

But the real game here for Mercatus is to bury the money-saving finding in the report’s tables while headlining the incomprehensibly large $32.6 trillion number in order to trick dim reporters into splashing that number everywhere and freaking out. This is a strategy that already appears to be working, as the Associated Press headline reads: “Study: ‘Medicare for all’ projected to cost $32.6 trillion.”

Messaging strategy aside, there is room to quibble with Blahous’s positive findings. He assumes administrative costs will only drop from 13 percent to 6 percent for those currently privately insured. But, according to the Kaiser Family Foundation, Medicare’s administrative costs have consistently been below 2 percent. He assumes utilization of health services will increase by 11 percent, but aggregate health service utilization is ultimately dependent on the capacity to provide services, meaning utilization could hit a hard limit below the level he projects.

https://jacobinmag.com/2018/07/medicare-for-all-savings-mercatus-center-report

Update from a Bernie staffer:

Indeed, that reporter from the Hill did drink the koolaid.

Benny

Here is a link to the PDF of the report.

This is what the reporter saw, on the front page:

https://www.mercatus.org/bridge/commentary/medicare-all-plan-would-cost-federal-government-32-trillion

Shorthand.

I’ll see if Vox has anything to say about it, but just reading the first few pages and the charts gives me a headache because it’s so poorly written. What I can glean, they are one of the first to factor in dental care, which the current Medicare system does not. But it is grossly exaggerated.

Benny

Notice this PR (for the insurance companies) from the same think tank from nearly a week ago:

High deductible insurance plans, coupled with health savings accounts (HSAs) give employees more power over their health care. Tracy Miller explains how that’s a good thing for health, the economy, and freedom at the Fiscal Times.

https://www.mercatus.org/commentary/consumer-directed-health-plans-step-right-direction

My state MSA program sucks as it stands. It questions me on anything over $50 of how I spent my funds. And I have to return anything I didn’t spend after a year then report it as income. It has tried to block me and did at one point because it did not accept the estimates of my dentist. My state insurance is horribly late in paying its bills so the dentist has to give estimates. Barring that MfA is going to be an uphill fight, seems to me I should be able to get my own MSA that accumulates over time, not have to spend it within a year. Ridiculous.

magsview

High deductible insurance plans, coupled with health savings accounts (HSAs) give employees more power over their health care.

That’s quite the Orwellian statement right there! Give that propagandis…I mean writer, a gold star.

Benny

Woo-hoo! Freedom! Get your Ted records out!

Benny

Check out this comment at TOP:

PT Barnum is in the room with his elephants.

TheLeftistheCenter

VClib is a shill

TheLeftistheCenter

This is all smoke in the wind at this point, for Med for all is a done deal waiting to happen and the Kochs are just wasting money at this point.

An interesting thing about propaganda, see it doesnt actually ‘make’ you think anything, it just tries to narrow the scope of what conclusions you can come to so the probability of the desired outcome becomes higher and really good propaganda attempts to give you only one logical conclusion, but it doesnt make you think it.

The reason this is relevant is because this has a quirk in that propaganda is really good at getting an undecided to decide in the preferred direction, but is almost useless in getting someone off of a considered position counter to the propaganda.

So when Med4all first came up many had no opinion and the propaganda did a good job of keeping people off of being in favor of it, but as time goes on and people begin to know the facts, they come to a decided view in favor of it, so propaganda like this becomes useless. Those in favor of it all have some savings from current costs as a core reason so when they see this ‘cost’ the first thing that comes to mind is ‘well what are we spending now?’ so the savings will be seen.

Now that more than 50% are in favor all the Kochs can do is try and keep the not in favors that way, but as a rule people overpower propaganda and that 50%+ of the people will just continue to grow as people power overwhelms the propaganda. All they did was give us a number from a conservative source that proves we will spend less and get more for it, so they in the end are just helping the cause.

Benny

They spend a lot of money on propaganda rather than giving over tax dollars that would be better spent on healthcare.

Don midwest
orlbucfan

I just recently bookmarked Yves Smith/Naked Capitalism. I love it!! Read it every day and consider it one of my main news sources.

magsview

Me too orlbucfan!

Thanks for reminding me of the good stuff over at Naked Capitalism Don Midwest. I think their time to shine is upon us. They were ahead of their time.

And yes, Kissinger is still calling the shots!!! Insane.

humphrey

Oops! The truth slips out. It is all about the Benjamins! Trump and Russia gain eyeballs!

Here is an edited part of the discussion:

@chrislhayes
Follow Follow @chrislhayes
More Chris Hayes Retweeted Eric Holthaus

@EricHolthaus
In Greece, today, people are jumping into the ocean to escape rapidly advancing wildfires.

So far, this is Greece’s hottest year on record.…
Show this thread
7:05 am – 24 Jul 2018

Stagger Lee Shot First

Replying to @chrislhayes
Sure would be nice if our news networks–the only outlets that can force change in this country–would cover it with commensurate urgency. Acting as if there’s nothing to be done is not excusable.

Chris Hayes

almost without exception. every single time we’ve covered it’s been a palpable ratings killer. so the incentives are not great.

Stagger Lee Shot First

I wish you’d say this on the air, because I’m sure it’s a similar calculation on the part of CNN, etc. I think viewers are owed the truth: that news networks won’t cover the story that matters most because of the bottom line.

magsview

‘Eye-popping’ payouts for CEOs follow Trump’s tax cuts

Some of the biggest winners from President Donald Trump’s new tax law are corporate executives who have reaped gains as their companies buy back a record amount of stock, a practice that rewards shareholders by boosting the value of existing shares.

A POLITICO review of data disclosed in Securities and Exchange Commission filings shows the executives, who often receive most of their compensation in stock, have been profiting handsomely by selling shares since Trump signed the law on Dec. 22 and slashed corporate tax rates to 21 percent. That trend is likely to increase, as Wall Street analysts expect buyback activity to accelerate in the coming weeks.

“It is going to be a parade of eye-popping numbers,” said Pat McGurn, the head of strategic research and analysis at Institutional Shareholder Services, a shareholder advisory firm.

Stock buyback announcements in the U.S. have swelled to the highest levels on record in the wake of last year’s corporate tax cut,” said TrimTabs Investment Research in a July 10 report. “Corporate America’s actions suggest that most of the benefits of the corporate tax cut will flow to investors in general and top corporate executives in particular.”

In a speech last month, the SEC’s Jackson said, “There is clear evidence that a substantial number of corporate executives today use buybacks as a chance to cash out the shares of the company they received as executive pay.

“In fact, twice as many companies have insiders selling in the eight days after a buyback announcement as sell on an ordinary day,” he said.

One example:

On Feb. 28, TJX Cos., the parent company of T.J. Maxx stores, announced a new stock buyback plan as part of an earnings announcement, boosting the department store’s stock above $82. On March 1, Carol Meyrowitz, an executive and former CEO, sold $11 million in shares. In the 30 days following the buyback announcement, TJX CEO Ernie Herrman sold $2.8 million of shares.

Ka-ching!! (But, but, she’s a woman! They’re ALWAYS better, right?)

magsview

Speaking of Ka-ching!

Billionaire Charles Koch says he and his network of big political donors don’t want to be automatically associated with the Republican Party anymore. In a rare on-the-record interview with reporters, Koch said he would be happy to work with Democrats if they share the same values. “I don’t care what initials are in front or after somebody’s name—I’d like there to be many more politicians who would embrace and have the courage to run on a platform” that aligns with his values, Koch said.

I wonder if there happen to be any Democrats who would have the “courage” to take the Kochs money?

Koch wasn’t the only one espousing the message that the powerful donor network could support Democratic lawmakers. During a seminar with donors Sunday, Emily Seidel, the CEO of Americans for Prosperity, said conservatives would have to get used to working with Democrats, particularly when it comes to cutting government spending. “I know this is uncomfortable,” Seidel told the donors.

Oh Emily, I’m sure that if all that conservative cash meets up with any courageous Democrats who are willing to focus on cutting government spending (and take your cash) I’m pretty sure you all will get over you discomfort. Hey, you can even take credit for it! A win-win situation.

Benny

I hope it is just a dare. Let’s see if Manchin, Donnelly, or Heitkamp take up the Koch Brothers offer.

OzoneTom
OzoneTom

The Koch operation is already saying it will not support Sen. Heitkamp’s Republican challenger, so she is already benefiting from this special relationship:
https://www.cnn.com/2018/07/30/politics/koch-brothers-north-dakota-kevin-cramer/index.html

wi61

What!! The enemy of my enemy is now our friend!!!! I don’t think so -ive seen how they pull walkers Strings in WI–its not a pretty sight.

magsview

polarbear4

https://twitter.com/mtracey/status/1023681527924879360https://twitter.com/mtracey/status/1023681527924879360

It’s an article from jacobin on

he Democratic Party is hopelessly corporate, but election law is stacked against third parties. The Left needs an independent organization that can stay flexible about running as Democrats but behaves with the discipline of a real party.

TheLeftistheCenter

AKA The Revolution 😉

polarbear4

A friend of mine made a joke years ago: “The Soviet Union never would have collapsed if they’d decided that instead of one party, they’d have two parties that agree about everything except abortion.”

wi61

Rot the DNC from the inside one election one seat at a time seems to be the strategy and with the Millennial’s it could be on a fast track.

Benny

David Doel is right about the “radical center” is.

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