kneale welcome everybody. first our top story it turns out the president of the united states finally does think this country is excite exceptional. >> obama: america leads. we are the indispense i believe nation. we have capacity nobody else has. our military is the best in the history of the world. and when trouble comes up anywhere in the world, they don't call beijing, they don't call moscow, they call us, that's the deal. kneale, oh, yeah, that is the deal. but it took vladimir putin stepping over china. possibly doing the same to crystallize things with the president. craig smith says our dollar might be benefiting from all of this mess. but this better late than never posture might not be what it's cracked up to be. craig, what did you think of the president stating for many people the obvious. >> it would have nice to have seen the same speech to the un a few days ago. he's absolutely correct. why doesn't he act like that, neil. it's interesting to me like you said in your lead in,it took vladimir walk

bin kneale does not move very much ever.people do but they cancel each other out they're not moving in the same direction. so there wasn't one moment to move everyone in one direction or another. >> host: why did barack obama win in 2012? >> providing over the slower growing economy things are set up for his advantage. but not dash. >> host: is and always the economy, stupid? >> not always. but it does have a fundamental role but with the presidential election you could know the birthrate and you could predict pretty well sony 5% of the time although i fully admit i could win flipping a coin that we could do better than perform well have challengers were not responsible for the global financial crisis will do well. doesn't always happen that some cases those come out winning ahead but those elections are always very close. so mitt romney had his work cut out for himd,ycn)v. >> host: how do we view our president? >> guest: there are a couple of different ways to think about how they make decisions. to of the most prominent th

. >> kneale you've been calling for a romney run maybe you're right after all.he number is showing that tax revenue from legal marijuana is astounding. there is a human and economic toll to consider. we've got a real policy of misfortune. it's next. forcforce >> all right. according to the website. nerd wallet. illegalsing marijuana will be a gigantic upon a for all states. it is they only 10.5 percent of americans smoke we'd in the past mop. anyway 15 percent excise tax will have been you revenue of $14.05 that's the kind of income the states would take in $3.1 billion from all of that. of course, we've already been counting the elimination of arrests and all the other problems that come into society. look at this, this driver faye talities. those involving pot in their system have become to surge. so matt i know you're a pro weed kind of dude. there might be an economic toll we're not adding to the conversation. >> it's terrible for anybody to die from anything. so i don't adopt make light of that. from the economic standpoint i think it's worth it. think abou

kneale welcome everybody.rns out the president of the united states finally does think this country is excite exceptional. >> obama: america leads. we are