A New Health Plan

Painkiller

After a pretty mild winter, from a meteorological standpoint, March is working overtime to deliver as much snow and cold as possible before the arrival of spring. Much of the country  is recovering from the inclement weather of the past few days, which will lead to recovering from colds, ice slipping trauma, and injuries sustained shoveling and sledding.

Fortunately, Obamacare has not yet been repealed. A lot fewer Americans will have insurance to deal with the effect of winter in March, among other things, according to an analysis of Paul Ryan’s Obamacare replacement American Health Care Act from the Congressional Budget Office.

While that analysis does provide good news for Republicans because the plan “would reduce federal deficits by $337 billion over the 2017-2026 period,” it does so because of “reductions in outlays for Medicaid and from the elimination of the Affordable Care Act’s (ACA’s) subsidies for non-group health insurance.”

The CBO also found that by 2026 the number of uninsured Americans would be about 56 million, nearly double the estimate under the current law. Adding to the people who will lose their health insurance (many of them Trump voters), is the huge tax break to the wealthy.

Meanwhile, throwing gasoline on the class fire, Rep. Jason Chaffetz (R-UT) says people just have to decide whether they want an iPhone or health care! So yes, if this passes, sell AAPL. Meanwhile his comments have sparked a fundraising boom for his Democratic opponent, Dr. Kathryn Allen.

Although Chaffetz may be on board, there is plenty of dissension in GOP ranks. Republican senators are not thrilled with the plan, while the Tea Party Republicans are also not happy, but more because they don’t think it goes far enough. And now Ryan is realizing the bill will have to change.

Of course Democrats are united against repealing Obamacare, and given the reaction Republican congressmen got in their town hall meetings, so is a large portion of America.

So, to help with this health care headache (and to think tropical thoughts in this extension of winter), I am prescribing Painkiller cocktails. Take 2 and call your congressional representatives in the morning.

Created at the Soggy Dollar Bar on Jost Van Dyke in the British Virgin Islands, I played with the recipe I pulled from Kindred Cocktails.

1.5 oz Pussers rum

.5 oz Lemon Hart 151 rum

2 oz pineapple juice

2 oz orange juice

.5 oz Coco Lopez

Pinch of nutmeg for garnish

Fill low-ball with ice, build, stir, grate nutmeg as garnish.

Cheers!

El Presidente

prez

We are now four weeks into Trump’s Reign of Error.

We are now down one national security advisor of questionable ties to Russia, though we did pick up a new head of the EPA who doesn’t think the EPA should exist. As Flynn was being ousted from his national security post, and his access to classified material was cut off by the intelligence community, the NY Times and CNN reported on a numerous contacts between the Trump presidential campaign and Russian intelligence officers.

All of this has raised the question, again, of Trump’s own Russia ties. A Russian spy ship was spotted off the coast of our submarine base in Connecticut. It is unclear if its mission was surveillance or asset extraction. The Administration response was simply, “Emergency, everybody to get from street.

Republican leaders in Congress, the same guys who spent two years, $7 million and some 30-40 hearings investigating Benghazi, said its all fine, no need to investigate.

Our Narcissist-in-Chief then held a long, strange trip of a press conference yesterday that has most us still feeling a little hungover.

As an appropriate hair-of-the-dog to fortify us all for this Presidents Day Weekend’s protests, it’s time for an El Presidente. ¡Azúcar!

This cocktail is perfect for it’s orange color, Spanish name, and (in my case) using the once banned illegal immigrant Havana Club rum. Some versions of the cocktail’s origin story even have it named for Cuban  President Gerardo Machado y Morales, who was elected president in 1925, became a powerful dictator and was exiled in 1933.

Actually, though, it was named for one of his predecessors, Mario Garcia Menocal. Menocal was president of Cuba from 1913-1921. His presidency started strong on a modernizing note, but his administration later deteriorated. Menocal stayed involved in politics and was part of an uprising against Machado’s dictatorial extension of power in 1931.

According to Jeff “Beachbum” Berry, the drink first appeared in a handbook for Cuban bartenders in 1924. Today there are many variations on how to make an El Presidente, different proportions of rum to vermouth, white rum v añejo rum, and how to garnish.

I went with the recipe from Jason Wilson in Boozehound.

1.5 oz aged rum (Havana Club Añejo 7 Años)

.75 oz dry vermouth (Berry is adamant it be Dolin Vermouth de Chambéry Blanc)

.75 oz curaçao (Pierre Ferrand Dry Orange Curaçao)

.5 teaspoon grenadine

orange twist

Stir on ice vigorously for 30 seconds, strain into a cocktail glass, twist.

Happy Friday,

Cheers!

Yo-Ho-Ho…

marque

We’ve made it to Friday, two full weeks into the Trump presidency. For a majority of Americans, a nightmarish Running Man journey through a game zone of ill-conceived executive orders and late night tweet rants.

But on Wall Street and in the boardrooms of banks, it is time to celebrate. Trump told a gathering of the Business Roundtable today that he is taking aim at regulations put in place since the financial crisis.

As the New York Times put it:

“President Trump mounted an all-out assault on financial regulation on Friday, announcing an array of steps to tear down safeguards enacted to prevent a repeat of the 2008 financial crisis and turning to the Wall Street titans he had demonized during his campaign for advice.”

Matt O’Brien at the Washington Post tells us that Trump’s “forgotten men and women” aren’t who we thought they were, writing:

“During the campaign, Donald Trump liked to brag that, unlike his rivals, he wasn’t in Wall Street’s pocket. And you can tell that by the fact that he’s stocked his cabinet with Goldman Sachs alums, has signaled that he wants to dismantle the post-crisis rules reining in banks, and will now allow brokers to go back to giving their clients deliberately bad advice. This is Wall Street’s kind of populism.”

For most of us, the so-called dumb money, our finances are now sailing with less protection. The Privateers are free to roam again, so look closely at the flags flown by bankers and financial advisors, and keep your fingers crossed they don’t raise the Jolly Roger after it’s too late.

Rum is what this Friday calls for, so we can join the pirates with our own Letters of Marque (the license granted by the government for piracy on the high seas), a cocktail from Brad Thomas Parson’s book Amaro.

This delicious, balanced drink is:

1 oz Scarlet Ibis rum

1 oz Cynar

.5 oz Pierre Ferrand dry Curaçao

.5 oz Galliano

Stir, strain, garnish with a flamed orange zest.

Have a few, the pirates are coming. Happy Friday!

Cheers!