Drudge Retort: The Other Side of the News
Sunday, August 05, 2018

Health care isn't so healthy: The fates of two giant health care mergers are suddenly in question. Drug store chain CVS wants to buy insurer Aetna, but the California Insurance Commissioner wants the Justice Department to block the $69 billion deal, citing concerns that prices will go up and competition will decrease. Another insurer, Cigna, hopes to buy pharmacy benefits manager Express Scripts for $67 billion. However, there were reports last week that activist investor Carl Icahn has taken a stake in Cigna, with the hopes of convincing shareholders to vote against the Express Scripts merger on August 24.

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Amazon is creating a health care company along with JPMorgan Chase and Warren Buffett's Berkshire Hathaway. Amazon -- who else? -- also announced in June that is buying online pharmacy PillPack, which already has pharmacy licenses in all 50 states. Shares of CVS and its rival Walgreens both plunged the day of the PillPack acquisition.

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Sherman Anti-Trust laws should be enforced. Amazon is wiping out retail stores across the nation and we sit by and watch? What is wrong with us? We've lost our collective minds.

#1 | Posted by danni at 2018-08-05 10:08 AM | Reply

Danni Amazon is wiping out retailers with no value add.

Your basic big box with a bunch of products and no customer service. Mom and pop and small specialty stores with knowledgeable employees are doing great. In fact killing by killing the big boxes amazon is helping those small guys out.

#2 | Posted by TaoWarrior at 2018-08-05 10:24 AM | Reply

#1 I much prefer shopping online and having stuff delivered. The few times I do go in stores I am always looking up reviews on my phone. I hope Walmart etc are able to compete with Amazon online because traditional retail is dead. The house design I am working on right now has a delivery portal that will be compatible with emerging autonomous delivery bot standards. In less than 10 years robots will unlock my portal to delivery almost everything I buy.

Malls will convert to service resorts where you go to get groomed, fed and entertained.

#3 | Posted by bored at 2018-08-05 01:50 PM | Reply

"Your basic big box with a bunch of products and no customer service.
#2 | POSTED BY TAOWARRIOR"

Correct, but they also employed a bunch of otherwise unemployable people that are now on the dole. Pair that with Amazon's low wages and the USPS losing money on every package they deliver and we basically have a system that does nothing but waste taxpayer money under the mistaken idea that we are 'saving money' on our purchases.

The new reality for the US post-Democrat takeover in education is that we have a huge pool of 'labor' that is borderline illiterate in math and language with no desire to retrain as the first 12+ years have been a complete waste. This liberal destruction of education has extended to university level graduates now so they are no more equipped for global competition than the high school dropouts of the 1990's. Top this off with the Dems wanting open borders to further destroy the wage structure at the low end unskilled level by flooding the market with a ready supply of labor. It is the making for the disaster that it has become resulting in widening income inequality.

What is the Dem plan for 10 years from now when automation makes an ever wider swath of the worker pool completely obsolete? Will they ship back the unemployable, low skill illegals then or try to convince their unemployed voter base to go to the soylent plant instead?

Every morning when I wake up, I start the day by thanking God that he gave us Donald Trump before it was too late for our country. He brought back those manufacturing jobs that the Dems said were gone forever - and no - he didn't need a magic wand like Obama claimed. He actually will put tariffs on foreign goods to protect US industries. And he is actually willing to talk to our enemies to find a path to peace. If he is able to stop illegal immigration, we might not descend into a Soylent Green type future in the US. Thank you God!

#4 | Posted by ihatethedotard at 2018-08-05 11:22 PM | Reply | Newsworthy 1

He brought back those manufacturing jobs that the Dems said were gone forever

Examples of which would be?

#5 | Posted by REDIAL at 2018-08-05 11:24 PM | Reply

Manufacturers Are Hiring, and Hiring www.bloomberg.com

See this regarding your worship.

#6 | Posted by BruceBanner at 2018-08-05 11:30 PM | Reply

"Examples of which would be?
#5 | POSTED BY REDIAL"

10K+ heading to WI for high tech manufacturing. Pair that with the jobs report every month showing an increase in manufacturing. You can only deny reality for so long and I think you must be at that tipping point now. Your liberal economic theories have been debunked.

#7 | Posted by ihatethedotard at 2018-08-05 11:34 PM | Reply

10K+ heading to WI for high tech manufacturing.

"Heading to"? I was asking about the jobs that are actually back.

You said he brought them back. Those ones. Examples?

#8 | Posted by REDIAL at 2018-08-05 11:37 PM | Reply

"You said he brought them back. Those ones. Examples?
#8 | POSTED BY REDIAL "

You don't seem to understand how the economy of jobs work so I will explain it to you:
The direct effect of Trump cutting regulations, etc is the companies that already exist, hire more existing workers and give them more hours. However, for a company to re-locate and build new manufacturing facilities, it takes longer than 2 years because of the all the red-tape that Democrats have added on businesses. So, those 10K+ jobs that are coming to WI are not jobs that come overnight. However, the construction jobs supporting the build out of the shell and infrastructure are already ramping up. For the prior category of companies expanding their current workforce, I would point you to Lockheed Martin, Mitsubishi Hitachi Power Systems Americas and Siemens Energy for starters. There are thousands of examples from large multi-nationals to small mom and pop shops. As to the mom and pops, you can see here for just one example of an industrial town seeing a revival:
jobs.greenbaypressgazette.com

#9 | Posted by ihatethedotard at 2018-08-05 11:50 PM | Reply

In other words, you have no examples of lost jobs that have come back.

Good enough. Thanks.

#10 | Posted by REDIAL at 2018-08-05 11:55 PM | Reply

"In other words, you have no examples of lost jobs that have come back.
Good enough. Thanks.
#10 | POSTED BY REDIAL "

Oh, I see now. Your problem is with the English language. When someone says those lost jobs are now coming back, that does not only mean the actual job that moved to China is shutting down and China and moving back, it also includes new jobs where the company faces the choice of expanding in China or expanding in the US chooses to expand in the US. According to every data source, that is what has happened. But, if you want to hitch your wagon to your misunderstanding of language and use that as your 2018 rallying cry, be my guest.

#11 | Posted by ihatethedotard at 2018-08-06 12:12 AM | Reply

When someone says those lost jobs are now coming back, that does not only mean the actual job that moved to China is shutting down and China and moving back, it also includes new jobs where the company faces the choice of expanding in China or expanding in the US chooses to expand in the US.

The jobs I highlighted in bold are the claims you made that I am questioning.

Examples? Is Detroit back to an automobile manufacturing powerhouse? How are those steel mills working out? How 'bout them coal miners?

#12 | Posted by REDIAL at 2018-08-06 12:23 AM | Reply

"The jobs I highlighted in bold are the claims you made that I am questioning."

You question it because you don't understand the English language. If you choose to remain ignorant, that is your problem.

"Examples? Is Detroit back to an automobile manufacturing powerhouse? How are those steel mills working out? How 'bout them coal miners?
#12 | POSTED BY REDIAL"

Half of Detroit is functionally illiterate thanks to 50 years of Dem control of the city and school system. Detroit will never come back without a new pool of labor moving into the area. If that occurs, I am sure you will be the first one whining about gentrification.

As for steel, it is a business requiring large investments in plant and equipment. I have not heard of more mass layoffs and downsizing so that is a positive step. If the Dems don't fight Trump on his infrastructure plan and requirement for US made steel, the industry will boom. With oil prices again rising, I would also expect the sector to start expanding rapidly to support the fracking industry.

#13 | Posted by ihatethedotard at 2018-08-06 12:32 AM | Reply

So still nothing? As I thought.

Say G'night, Sally.

#14 | Posted by REDIAL at 2018-08-06 12:41 AM | Reply | Newsworthy 2

"So still nothing? As I thought.
Say G'night, Sally.
#14 | POSTED BY REDIAL"

Amgen, Intel, Cat, GE, Apple.

#15 | Posted by ihatethedotard at 2018-08-06 12:47 AM | Reply

IHATETHEDOTARD: I've got a proposition for you. You send me $1000 in cash care of MadScientist General Delivery Crawford, TX 76738 and I won't reveal what your past monickers have been on the Drudge Retort. Deal? I give you three days to comply. How's that for hardball? ☺

#16 | Posted by madscientist at 2018-08-06 07:57 AM | Reply

The few times I do go in stores I am always looking up reviews on my phone.

#3 | POSTED BY BORED

This is why Amazon is successful. This is the value that they will bring to the health care industry. Amazon's value is not online shopping or 2-day (or 1-day, or same day, or 2-hour) shipping. If it were then Walmart would be eating their lunch. The reason why Amazon is successful is because they have an excellent review system and data mining for suggestions. I shop at Amazon because they give me the tools I need to be confident that I am making the correct decision. Reviews allow me to know what the product ACTUALLY is and gauge its quality. Suggestions ("Customers who viewed this item also viewed") tell me which other products to compare it to so that I know I am picking the best option for what I need.

Big brands are terrified. Because shoppers are no longer relying on the "brand name" to ensure quality. They can look at reviews on Amazon (or elsewhere) to figure out if the generic is similar value at a reduced price. Think of how great that will be for the health care industry. Not only will it be easy to see what the generics are for your medications, but you will also be able to read reviews from real people about whether it had the same effects as the name brand in their experience.

So I am excited about Amazon getting into healthcare. It should bring cost savings to the average consumer and transparency to the pharmaceutical industry. The whole industry is ripe for disruption. The current players have profited off of making it as obscure and difficult to understand as possible. I hope Amazon grinds them to dust.

#17 | Posted by gtbritishskull at 2018-08-06 08:50 AM | Reply | Newsworthy 1

www.retailgazette.co.uk

www.retaildive.com

www.amazon.com

Just Debunking some of the fallacious arguments I see in this thread. Amazon's customer service has consistently beaten all other online retailers and often beaten brick and mortar retailers as well.

Amazon is regularly ranked as a "Best Place to Work" and their employees are not paid a pittance as some suggest.

I get it. They are the new big popular kid in town and there are those who feel they must denigrate them for whatever reason. I have my guesses as to what those reasons are.

#18 | Posted by ND_Perspective at 2018-08-06 02:00 PM | Reply

Wow, some people will do anything to try to make themselves right, even if it means completely ignoring ALL professional standards of what employment means and what bringing jobs back means. The funny part is, based on the wording debated here, we have a Liberal who is indirectly stating that Obama didn't bring any jobs back either, which means he has no credit in turning the economy around.

ihate, I can see you finally gave up but you lasted longer than any other rational person would given the illogical argument being thrown at you...bravo.

#19 | Posted by humtake at 2018-08-07 11:56 AM | Reply

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