I realize that to call this column "premature" would indeed even be an understatement. But you'll have to forgive me, since it's one of those lazy summer days where all of Washington is off on vacation (President Obama is taking two weeks at the beach, and Congress is taking the entire freakin' month off, as usual). So it seems like a good time for some unadulterated speculation of the sheerest sort. And I'm not even going to get drawn in to all the 2016 election speculation today. I'm going to skip over it all and just jump forward to January, 2017, as we all watch the first woman inaugurated to the presidency.

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We've got a lot to cover today (as that headline should evince), but before we begin examining the anniversaries, elections, and politics of the week, I'd like to begin instead by promoting a video.

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President Obama had another bad month in the polls in July, although it wasn't as sharp a downturn as he experienced in June. That, and "he managed not to set any all-time or daily low points during the month" is about all that can be positively said. Without further ado, let's get to the new chart:

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As I write this, the House has still not managed to pass a bill to deal with the border crisis. They've been trying for a few days now, but have been locked in a serious battle between Tea Party hardliners and Republicans from more moderate districts. The Tea Partiers are demanding the harshest possible bill, and the moderates are the ones who actually demanded that Speaker John Boehner attempt to do his job and get a bill through before they all fly home for a lavish five-week vacation. Moderate Republicans know that "we couldn't pass anything" is going to be a tough sell back home. When Boehner tries to make the bill extreme enough to appease the Tea Party hardliners, he loses moderate votes. When he tries to make it appealing enough to the moderates to vote for it, he loses Tea Party votes. Stay tuned, as the last act in this Keystone Kops drama has yet to take place!

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Has marijuana legalization reached the tipping point, where positive change is now all but inevitable? That question might have been seen as wildly optimistic even just last week, but over the weekend the respected New York Times editorial board fully endorsed legalizing recreational marijuana at the federal level, in a piece aptly entitled: "Repeal Prohibition, Again." This has already shifted the debate so dramatically that some are now comparing it to the impact of Walter Cronkite coming out against the Vietnam War (after which, President Lyndon Johnson famously said: "If I've lost Cronkite, I've lost middle America"). While I'm cautiously optimistic and certainly think it will further the conversation, I have to say I think it might be just a little too early to declare this moment in time to be marijuana's tipping point. I think we're fast approaching that moment, but I don't think we've gotten there quite yet.

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Back in Washington, we have one week to go before the opening of "Silly Season 2014," an annual event brought on by hordes of political reporters scrambling around, devoid of actual stories, while Congress is away on its six-week vacation. What will the main Silly Season story become, for pundits to endlessly obsess over this August? Your guess is as good as mine. Several candidates have already popped up ("Hey, let's all talk about impeachment!" for starters), but perhaps some lonely town hall meeting (with some hapless member of Congress) somewhere in the hinterlands will provide the fodder for this year's Silly Season obsession -- hopefully, with an epic rant caught on video!

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The biggest political event of the week (for Democrats, at any rate) was Nancy Pelosi and the House Democrats rolling out a new campaign agenda -- the "Middle Class Jumpstart" -- in the tradition of Newt Gingrich's "Contract With America." But we'll have much more on this later, as we're turning over the whole talking points portion of the program to this rollout.

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Plenty of stuff happened in the past two weeks in the political world, but we'll get to all of that in a minute, because first we'd like to highlight (pun intended, of course) what is being billed as "the first marijuana television commercial." It's not on the air yet, but Canadian company Crop King Seeds has released this first look at their ad (they do admit that they'll likely have to edit out one bit of profanity before the ad airs). Without further ado, here is their ad (used with full permission, as they would really like the ad to go viral):

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Not so very long ago, Republican candidates foresaw a single-issue campaign for the 2014 midterms. The race would be won, they assured themselves, on stoking the public's seething hatred of Obamacare. Republicans didn't need to do anything else this year (something House Republicans excel at: doing nothing), and in fact they didn't want to hold votes on any other contentious issue (like immigration reform), since all that would do is distract people away from the single campaign issue of Obamacare.

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In all the fulminating going on about the children in the current border "crisis," there is one problem I have yet to hear addressed, by either side in the debate. Mostly, I suspect, because it would cost a lot of money to fix. Americans who are unfamiliar with the problems immigrants face and who have never personally had to deal with an immigrant can be excused for not even being aware this problem exists. Conjuring up gauzy images of Ellis Island, such Americans wonder: "Why don't the immigrants follow the law and come in legally?" One of the big answers to that question is the monumental backlog they face. A backlog it would take a lot of political effort -- and a whole lot of money -- to fix.

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