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What do you get the First Lady-elect who has everything? (And by “everything,” I mean one helluvah husband!) Try a diamond-encrusted black gold ring worth nearly $30,000. A spokesman for the designer of the ring says Obama was considering the finger candy as a thank-you-for-not-divorcing-me-during-these-last-two-years-in-hell gift for Michelle. But a rep. for Obama denies the claim. Hey, who needs a big ring when you got a big . . . smile?

Speaking of our President-elect, have you heard the latest scandal? It’s been dubbed Zunegate. Obama, who claims to be an über-cool iPod user, was seen working out at the gym with a . . . a . . . a Zune! The horror! The hypocrisy is just too much! Much too much!

Who’s numero uno on The Hollywood Reporter’s list of the most powerful women in Hollywood? If I have to tell you, then just forget it. Grab your indie music and your hoodie, and go crawl back under the rock you’ve been camping out under for the past two decades.

Finally! An arrest for the murder of J.Hud.’s family. The brother-in-law who has been in question all along, William Balfour, was arrested Monday on first-degree murder charges. It’s now been well over a month since Jennifer Hudson’s mother, brother and nephew were discovered dead. Balfour, who’s had his fair share of time behind bars for attempted murder and a car hijacking, was initially taken into custody after the bodies were found and has since remained a “person of interest.” He and Hudson’s sister were separated and at odds at the time of the murders.

Proud Mary keep on burnin‘! Check out 69-year-old Tina Turner rollin’-rollin’-rollin’ out the He-Man at Madison Square Garden on Monday night. One thing’s for sure, girlfriend’s still got some smokin’ sexy legs.

Who wants to be emancipated from her has-been, needs a haircut (and his own life) daddy? Little ol’ Miley Cyrus seems to be getting the itch that most too-famous-for-their-teenage-britches superstars get when they realize just how rich they are—she wants full control of her career, finances and love life. No parental guidance allowed. Hey, what’s wrong with wanting to be your own 16-year-old woman dammit?!

No wonder their marriage is SOSing. The best meal Angelina’s ever cooked for her handsome hubby is cereal, says Brad. To which I say—damn straight! With 25 kids