And now, America's number one show on pop culture and politics.

This is the Michael Medved Show.

And another great day in this greatest nation on God's Green Earth, a great day when we are all waiting for an announcement from the President of the United States.

No, it is not that announcement that so many people have been rumoring about and speculating about, about his withdrawal from the presidential race.

In fact, there is coverage around the world now about a good news for Joe Biden.

No, he's not getting any younger, but he does appear to be tied now with Donald Trump

in terms of the popular vote in the most recent bit of polling.

What we're waiting on on the President of the United States is this announcement of a large-scale

immigration program that would offer not citizenship but a path to official U.S. residency

and ultimately conceivably citizenship to roughly half a million

unauthorized immigrants who are here in this country and have been here for 10 years or more

and are married to American citizens. This would be apparently a popular move.

What's amazing to me is how openly the Biden administration

is talking about the political ramifications here.

And this right after President Biden made the very dramatic and much delayed move to actually cut off

immigration asylum proceedings for unauthorized immigrants, which is intended to slow the parade across the border of people who have no legal

authority to come here. We will get to this issue and to its impact politically. Meanwhile,

several stories about the Trump media stock, and the immigration deal may not be good news or may be good news for Biden.

But certainly, the Trump media stock has been absolutely tanking over the last month and

which you have to wonder about considering the fact that he has been ahead in the polls, President Trump, for months now, for a long time in most polls since all this year.

In any event, last month, 600,000 MAGA investors who invested in Trump media are losing their money

as another Trump-failed business venture crashes and burns, while the CEO, former Congressman Devin Nunez,

...