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I have a fairly sophisticated audience, but I just want to remind all of the value of this blog as compared to that of the mainstream media (MSM). Glance at my news topics for this morning, as compared to that of the leading business news cable channel (click the graphic to enlarge).

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This particular news item takes the cake: Kris Allen Upset Winner of "American Idol"

Arkansas student Kris Allen won the eighth season of "American Idol" on Wednesday, dealing an unexpected defeat to singing rival Adam Lambert on the most popular U.S. television show.

Allen, 23, who won over audiences with his all-American good looks and by putting his personal spin on popular tunes, appeared shocked as Lambert, a 27-year-old musical theater actor, embraced him after host Ryan Seacrest's announcement.

 

"It feels good, but Adam deserves this," Allen said to Seacrest. "I don't even know what to feel right now, this is crazy."

A record high of nearly 100 million votes were cast in the finale. Allen's "Idol" win guarantees him a recording contract.

Of the two finalists, Allen was more clean-cut. A devout Christian from Arkansas, he was a newly married college student before landing on "American Idol."

He often performed with his acoustic guitar, winning praise for rearranging well-known tunes, among them Michael Jackson's "Remember the Time" and Bill Withers' "Ain't No Sunshine."

As recently as last week, Allen was considered a long shot heading into the battle for the top two "Idol" spots, but he wowed the show's judges with his rendition of Kanye West's "Heartless," ousting early favorite Danny Gokey.

Now that we are all abreast of the prominent business and financial news for the day...  If I didn't know any better, the MSM has an objective of lulling the masses into complacency:

To think, there are actually people who move their life savings at the behest of "tabloid fodder: such as this. I know I am probably destroying my chances of appearing on CNBC, but so be it This is the truth as I see it. I should be releasing a raft of macro notes to subscribers today, detailing the support for remaining with my thesis or switching to a more bullish accord.