Betting Markets Up, Down on Government Shutdown | AWS Is a Bad Idea | 10/21/25
The A.M. Update
Aaron McIntire
4.9 • 833 Ratings
🗓️ 21 October 2025
⏱️ 22 minutes
🧾️ Download transcript
Summary
The A.M. Update dives into the ongoing federal government shutdown entering its fourth week, with Democrats and Republicans trading blame while betting markets predict a six-week stalemate. An Amazon Web Services outage disrupts major platforms like Snapchat and Zoom, exposing risks of centralized internet infrastructure. Plus, a daring heist at the Louvre Museum sees thieves escape with priceless jewels, and Curtis Sliwa defends his New York City mayoral run against calls to drop out.
government shutdown, Amazon outage, Louvre heist, Curtis Sliwa, New York City mayor race, Andrew Cuomo, Zoran Mamdani, Obamacare subsidies, Donald Trump, AWS infrastructure
Transcript
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| 0:00.0 | It's Tuesday, October 21st, 2025. The shutdown rolls into week four, but some signs it could end as soon. |
| 0:06.3 | Probably not a great idea to have one company at the center of the Internet. |
| 0:09.8 | And one story out of France, I'm surprised as in getting more attention. |
| 0:14.0 | Next on the AM update. |
| 0:18.0 | Traders on prediction platforms CalShe and Polly Market are betting that the federal government shutdown will last about six weeks, as gridlock shows little sign of easing, while odds in the markets don't serve as formal forecasts. Of course, they do provide real-time snapshots of trader expectations. |
| 0:36.9 | Yesterday morning, those betting markets showed signs of optimism. |
| 0:39.9 | The shutdown could end as soon as this week, as Scuttlebutt on Capitol Hill seemed to indicate |
| 0:44.7 | there were some senators in the Democrat Party that were starting to get a little bit wobbly. |
| 0:50.3 | Those were some indications before yesterday. Senate Democrats once again voted down a clean continuing resolution that would have opened up the federal government back in the House. |
| 0:59.8 | Speaker Mike Johnson laid once again the blame at the feet of Democrats. |
| 1:04.1 | And it's also important for us to note this is the first time in history that any party has had the audacity to shut down the government over a |
| 1:12.7 | totally clean, nonpartisan continued resolution. This is a political stunt, and it's the first time |
| 1:19.8 | it's been done, and it is the most costly, most selfish, most dangerous political stunt in the |
| 1:26.4 | history of the United States Congress, because as we |
| 1:29.2 | have stood here day after day after day explaining all the Americans who are being harmed by this |
| 1:35.0 | nonsense. Again, I just wanted to see whether it was possible for us to have an extended shutdown. |
| 1:40.7 | I said that at the very beginning, the outset of this government shutdown. And yet again, |
| 1:45.5 | we're entering into a first full month of this government shutdown. And it's not really that big of a |
| 1:51.1 | news story right now. So that kind of tells you everything you need to know. Here's House Minority |
| 1:55.2 | Leader Hakeem Jeffries. Donald Trump definitively needs to get involved. He needs to get off the |
| 1:59.8 | sidelines, get off the golf course, |
| 2:02.6 | and actually decide to end the shutdown that he's created, |
... |
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