These pages were never kind to David Gregory, now the bitter ousted moderator of NBC Meet the Press a franchise he dragged into ratings oblivion. We could not wait to hear him out on the circuit and wonder where he winds up, they always do. He came out swinging saying that political media in Washington are too lazy to go against the narrative. There is some unearthed knowledge that made him the person to turn a number one show into fourth place. We heard this from his time as moderator of the panel at No Labels’ National Strategic Gregory had another nugget claiming that journalists often fail to report on anything that fights the set narrative in Washington media. Then since he knows he needs a job and will be working with these same people he is ripping he punted. Putting in the conversation that the media has gotten very attached to the idea that Washington is so dysfunctional and that the country is so frustrated with it. There is a self-fulfilling part of that. This guy will wind up on MSNBC lite but it will be on the left and then his true colors will be seen. The bigger issue is he still is and always be a light weight and you get what you see an empty suit.
We are seeing one of two things on the world stage. One there is less hype around global climate change than in the US. We believe this because there is a summit being set up by President Obama and UN Secretary General Bank Ki-Moon, to discuss climate change in a special UN Climate change conference before the meeting. The problem is no one want to go and we are pretty sure it will be an epic fail based on attendance. Australian Prime Minister Tony Abbott, Chinese President Xi Jinping, Indian Prime Minister Narendra Modi, Canadian Prime Minister Stephen Harper and even Angela Merkel, President of Germany, will not be attending the UN climate summit. We are not sure but this seems like a waste of time when some of the biggest industrial producers and leaders of the biggest masses of land on earth are going to skip it. We did say we thought there could be another reason these leaders are probably a little sick of listening to President Barack Obama and his flip flop undereducated way of a leading his own nation to be talked down to again. We also could see where they might not want to have to seat through another speech from former Vice President Al Gore. This was always enough to make you want to go right to sleep and he also talks down to the audience like children.
This week we highlight a new comer and at just 21 a permanent resident of the top 51. Ariana Grande-Butera who was born on June 26, 1993 in Boca Raton, Florida. You may know her as she has been all over your radio this summer. She just killed at the VMA, sane the national anthem at the first NFL game of the season, and she has also made a video with Nikki Minaj and Jesse J which she holds her own. We picked her because she is so sexy and has the voice of angel. We have known about her for a long time as Nickelodeon is on the TV in our houses long enough to see her in a show that made her Victorious, she also got a starring role in a show called Sam and Kat. She is about to take off on an arena tour and her album dropped to not only major sales but high praise. We think she could be the Mariah Carey of this generation and we do not throw praise around like that often. She has a great body and long legs with a great smile and red hair what more can you ask for?
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Definition of insanity is doing same thing expecting different result. Could we have that in running for president in 2016. If you remember it was the great state of Iowa that sand bagged Hillary Clinton in her first bid for the White House in 2008. We wonder if she runs again, if anything will change as the tea leaves seem to suggest nothing has changed. Some Democrats who backed other candidates in the caucuses in 2008 say they are not ready to support Clinton. She is not helping by throwing President Barack Obama under the bus for his ever changing Mideast policy. The problem in Iowa for Hillary is they like a touchy feely candidate and glad handing. They want to see a more accessible and authentic candidate the last time it cost her and she finished third behind President Barack Obama and former Senator John Edwards of North Carolina. She is going to Iowa this week for the first time in six years to headline, along with former President Bill Clinton, a Democratic fundraiser and speak at an annual steak fry hosted by retiring Democratic Senator Tom Harkin. We are not sure if this is anything new for these folks to see but you have to start some where.
We wonder how we still have debt, just goes to show how much money your government is spending. Inflation-adjusted federal tax revenues hit a record $2,663,426,000,000 for the first 11 months of the fiscal year. That is a crazy amount of taxes being paid into the system. There is problem as it is not enough as the federal government still ran a $589,185,000,000 deficit during that time. Your government has spent $3,252,611,000,000 during that same time. Let us get back to the big number as this is taxes paid from individual income taxes, corporate income taxes, social insurance and Social Security taxes, Medicare taxes, unemployment insurance taxes, excise taxes, estate and gift taxes, and even customs duties. Here is the big shocker the largest share of the tax revenue so far this year has come from individual income taxes, which totaled $1,233,274,000,000 in the first 11 months of fiscal 2014. The corporation income tax so far is $247,200,000,000, bet you think that should be higher. There is another one coming as you would think every year this goes up, not true. This is the highest year ever and the most since 2007, when the government collected $2,622,537,950,000 which is $40,888,050,000 less than in the first 11 months of this fiscal year.
This is the worst day of the year. Every time 9/11 rolls around it comes with so much pain and anger. One of the best things about this space is that it becomes a time stamp. We were looking back through our 9/11 posts. We lost the one from 2010 which was lost due to our host sucking. We are not bitter. This is a day to stop and take a minute to remember that day, we look back in sadness for the loss. We look back with pride at the first responders and the country pulling together. We look back with anger and how vengeance was so sweet to know we have not rested until everyone responsible and more felt a sting from the USA. The lead up to this day has been the quietest as it was almost too quiet, never forget. The rule is we lead the world and there is no doubt who is the strongest and smartest nation. We know the current administration wants a more global outlook but the job of the US was always to lead and let the others fight for second. We are not even we never were and they will always keep coming but we never back down, we do not forget, and we will survive. We will outlast all comers we beat communism, fascism, and a few dictators along the way. They have come and gone and we are still here.
We have gone hawk crazy in the White House. We really thought this president was going to be timid but he has shown a real side to engage we did not expect. The House Republicans have postponed a vote on a must-pass spending bill as they have a rush to the floor request from the White House to include an authorization to arm and train Syrian rebels. House Majority Leader Kevin McCarthy announced the postponement after the White House dispatched officials to the Capitol for a classified briefing for members of the leadership and the Appropriations, Armed Services, Foreign Affairs, and Intelligence committees. House Minority Leader Nancy Pelosi immediately jumped in the fray and demanded Congress give Obama the authority he sought as soon as possible. Clearly this is something that is needed and more fighting by them there means less for us. We run into this struggle and you never know how these things are going to turn out. Afghanistan, Contra these are times we help fund a region for war, then later those same weapons were used against us. We are in favor and if congress can get a GOP bill passed by adding a gimme for the White House this is a win-win. If we wanted a hawk in the White House why did we not elect McCain or Romney?
This is rich as the New York Times and other liberal elites are stuck calling President Barack Obama on his words. The address to the nation to explain his plan to defeat Islamic extremists in Iraq and Syria was marred by the voices from his past. It is clear Iraq is not stable and self-reliant or have any form of a representative government. Do these words sound familiar as they made great election sound bits to win a second term? There is new military campaign in the Middle East as we hope this his own past statements come back to haunt him and remind Americans of the mess he has created. The recommit the armed forces of the United States to the region he told us we could leave. Mitt Romney said it would create a vacuum and it clear he was right as the president tells us that the ISIS represents a clear threat to national security in a state that is hardly stable. The worst part is not long ago he told The New Yorker that not every terrorist group is a threat like Al Qaeda, requiring extraordinary American action. We think this is cause for Americans to look an realize the choice you make in the voting booth matters and the cool candidate more than likely is not the one that keeps you safe.
This week we highlight another new comer that we do not have much information about. We do not think this is going to be a long term problem. Sophie Curtis is an actress has been in movies Arbitrage, The Art of Getting By and the reason we pick her today is her movie Innocence in which we see her in a starring role. This is a movie that was written before twilight about vampires in a school and was green lighted once the vampire has taken off. Sophie is not well known but we see her in the art of getting by and glad she has finally gotten a leading role. The movie opening weekend did only $293K in 490 theatres and we are not sure about a wider release. She has everything we look for long blonde hair, long legs, great figure and a boss attitude. The thing that makes Sophie a winner is her cooler than you attitude right out of the Mean Girls tradition and you want so badly be part of the in crowd that she is in. We cannot wait to watch her career arc after this role and gets traction for a more main line distribution movie she will be everywhere.
Not much going on this Sunday but we do hear from Mitt Romney, the Republican presidential nominee in 2012, dashed the quick start campaign. Going on the record again stating he will not mount a third White House bid in 2016. The exact quote was “I’m not running, I’m not planning on running,” he dropped this knowledge on Fox News Sunday. This seems a little suspect as all thing in politics. The reason we say this was the question was not asked if you are running for president the question was what are your future ambitions? He was looking to drop the hint and we believe test the overnight ratings and morning headlines to create buzz or find a way to decide if he should or not. He must know that no one the GOP side is creating any kind of fire and by now we needed to have a buzz around our candidate. He did say that he thought his time had come and gone and thought for sure he would have been a better president than the current occupant of the White House. That is not really saying no he is not running and we still believe he might be the best chance to capture the flag for the GOP.
We knew this game was going to keep being played because once it worked, they knew they had us. The Internal Revenue Service has lost emails from five more employees who are part of congressional probes into the treatment of conservative groups that applied for tax-exempt status. It is a wonder they can audit anyone the way they lose records over there. The agency lost emails from five employees, including two agents who worked in a Cincinnati office processing applications for tax-exempt status for which this started when the IRS targeted conservative groups for tax-exempt status. The IRS is still blaming computer crashes for all the lost emails, which makes them look even worse as you can believe they let it happen once but five times means they cl;eary do not know what they are doing . In a statement, the IRS said all the crashes happened well before Congress launched its investigations. The agency identified 82 employees who might have documents related to the inquiries. The IRS said 18 of those people had computer problems between September 2009 and February 2014. Of those employees, five probably lost emails including leader of the pack Lerner. Where is the White House on this, do not ask Attorney General Eric Holder who has turned down numerous requests for a special prosecutor. If you need to be reminded the IRS selected conservative groups out of normal processing, placed them on a separate list, stopped work on their applications completely, forced them to answer intrusive questions about their behavior and demeanor at meetings and delayed their applications for multiple years.
There is an ebb and flow to TV Networks. It is clear that the love affair with finance and the stock market appears to be over. We watched as CNBC has fallen into the tank as the target demo of 25-54 years old is down every month this year compared to last year. They clearly bottom out in August with only 28,000 viewership dropped by a near record 30 percent which is the second lowest ever in the history of the channel as far back as February of 92 when it was 27,000. We expect them to beat this number or we guess lose to that number and drop even more by the end of the year. This is strange as the markets are high and you would think so many more people home this would be an alternative. We also think it is odd that with so much of our money being pushed into 401K with control as opposed to old pension plans with no control, there would be more people interested. Then you throw the internet and buying stocks for short money websites there must be a need. The problem is the starts or lack thereof on the channel and the perceived rigged system as by the time you hear about the big play it is too late for you to get in. Does not matter because it seems it is all over.
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Tough getting over Labor Day back to school and moving into fall. We look around and news comes back to life as the leaves fall from the trees. One thing we need to keep track of as we move into fall is the president’s approval rating. This decides where he will run to help out in key races or hide in the backgrounds. We watch this through the Gallup polls as they track daily the percentage of Americans who approve or disapprove of the job Barack Obama is doing as president. This is one of the ways to track there are many but we try to keep using one for a constant. They do it daily and results are based on telephone interviews with approximately 1,500 national adults. There is a margin of error is plus or minus three percentage points. The rating as this weekend is 39% approves the lowest ever and 53% disapprove which is also a high. If this keeps up you should see the president staying in Washington as mid-term elections roll around. There are not the kinds of numbers that energize the base as well as the independents. We will try to continue to give you updates as the fall and election season move on.