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2:30 PM ET, March 13, 2009

memeorandum

 Top Items: 
Eric March / Indecision Forever:
Jon Stewart and Jim Cramer: The Extended Daily Show Interview  —  Jim Cramer and Jon Stewart went toe-to-toe last night.  It was just like Ali-Foreman, only with more head trauma.  But you didn't see everything.  Much of the interview had to be cut for time.  But this is the internet, where all we have is time.
RELATED:
Alessandra Stanley / New York Times:
Economic Meltdown Not a Laughing Matter  —  It wasn't a “Brawl Street,” or a thrilla in vanilla.  It wasn't a “Daily Show” friendly feud or even much of a discussion.  Mostly, the much-hyped Thursday night showdown between Jon Stewart and Jim Cramer, the mercurial host of “Mad Money” on CNBC, felt like a Senate subcommittee hearing.
James Fallows:
It's true: Jon Stewart has become Edward R. Murrow  —  Through karmic guidance, I sprang awake at the exact moment Jon Stewart was beginning his [merciless demolition of] interview with Jim Cramer of CNBC's “Mad Money.”  —  Yes, it is cliched to praise Stewart as the “true” voice of news …
Andrew Sullivan / The Daily Dish:
To Catch A Predator  —  I watched the Daily Show with growing shock last night.  Did you expect that?  I expected a jolly and ultimately congenial discussion, after some banter.  What Cramer walked into was an ambush of anger.  He crumbled from the beginning.
The Huffington Post:
Jim Cramer On “Daily Show”: Jon Stewart Hits Hard (VIDEO)  —  HuffingtonPost/AP  —  SCROLL DOWN FOR VIDEO EXCERPT  —  NEW YORK — Jon Stewart hammered Jim Cramer and his network, CNBC, in their anticipated face-off on “The Daily Show,” repeatedly chastising the “Mad Money” host for putting entertainment above journalism.
Glenn Greenwald / Salon:
There's nothing unique about Jim Cramer
Discussion: Firedoglake and TalkLeft
Wall Street Journal:
Obama's Poll Numbers Are Falling to Earth  —  It is simply wrong for commentators to continue to focus on President Barack Obama's high levels of popularity, and to conclude that these are indicative of high levels of public confidence in the work of his administration.
Myglesias / Matthew Yglesias:
Beck: People ‘Pushed To The Wall’ By ‘Political Correctness’ Launch Spree Killings  —  There was a remarkable segment on Glen Beck's show yesterday, thankfully captured by Matt Corley in which Beck was basically outlining his view that the reason you see spree killings like the one in Alabama …
RELATED:
Mike Allen / The Politico:
White House: Greed will help  —  The nation's economy used to have too much greed and not enough fear of the future, but now has too much fear and could use a little more “greed” - spending.  —  Lawrence H. Summers, the White House economic adviser, calls it “the paradox at the heart of the financial crisis. ”
RELATED:
Associated Press:
Summers: ‘Excess of fear’ must be broken
Discussion: Gateway Pundit
Glenn Thrush / The Politico:
Waters fights back  —  Rep. Maxine Waters, under fire for a potential conflict of interest involving a bank in which she has a financial interest, is pushing back hard on the allegations with a long, unapologetic statement justifying her advocacy for minority owned banks.
RELATED:
Leslie H. Gelb / New York Times:
How to Leave Afghanistan  —  ONLY if our troop levels hit 100,000 and fighting floods over into Taliban havens in Pakistan will Washington be likely to look hard at the alternative policy for Afghanistan — withdrawing most American forces and refocusing our power on containing …
RELATED:
Washington Wire:
McCain Threatens to Oppose Interior Nominee Over Reagan Remark  —  Stephen Power reports on politics.  —  Arizona Republican Sen. John McCain today denounced as “highly offensive” remarks about Ronald Reagan made by President Barack Obama's nominee for the number two spot at the Department of the Interior.
RELATED:
Philly.com:
Memo to McCain: There are no saints in America, not even St. Ronnie
Discussion: Associated Press
New York Times:
China's Leader Says He Is ‘Worried’ Over U.S. Treasuries  —  BEIJING — The Chinese prime minister, Wen Jiabao, expressed unusually blunt concern on Friday about the safety of China's $1 trillion investment in American government debt, the world's largest such holding, and urged …
RELATED:
Joe McDonald / Associated Press:
China “worried” about US Treasury holdings
Discussion: Weekly Standard and Donklephant
Paulina Neuding / Weekly Standard:
Welcome to Ramallmö  —  How a tennis match sparked riots in Sweden.  —  “This is how it was last time too,” said a Holocaust survivor, when she was escorted from Malmö's main square by the police.  “We had to leave the square, while they got to stay.”
RELATED:
Scott / Power Line:   Report from Malmo  —  Swedish journalist Paula Neuding provides …
Portfolio:
Ann Coulter's Book Sales Head South  —  Though never exactly shy, Ann Coulter has been especially noisy in her self-promotion lately, inventing a beef with NBC News, arguing with Keith Olbermann over the meaning of a Cornell degree and taking her act on the road with Bill Maher as foil.
Discussion: The Raw Story and Think Progress
Charles Krauthammer / Real Clear Politics:
Morally Unserious in the Extreme  —  WASHINGTON — Last week, the White House invited me to a signing ceremony overturning the Bush (43) executive order on stem cell research.  I assume this was because I have long argued in these columns and during my five years on the President's Council on Bioethics that …
Ali Frick / Think Progress:
SC student Ty'Sheoma Bethea's hopes dashed by Sanford's decision to reject $500m in education funds.  —  Yesterday, ThinkProgress reported that Gov. Mark Sanford's (R-SC) decision to reject $700 million of stimulus funds could result in the firing of up to 7,500 teachers across the state …
Wall Street Journal:
There's No Pill for This Kind of Depression  —  Six months after the collapse, a “pandemic of fear.”  —  It is six months since Lehman fell and the crash (or the great recession, or the collapse—it's time it got its name) began.  An aspect of the story given less attention than it is due …
Frank James / The Swamp:
Dems bash SC Gov Sanford for snubbing stimulus  —  South Carolina Gov. Mark Sanford's controversial stand against accepting federal economic stimulus dollars has been attacked by congressional politicians like fellow Palmetto Stater Rep. Jim Clyburn (D-S.C.), a member of the House leadership.
Discussion: The Note
Manu Raju / The Politico:
Coleman v. Franken  —  The Senate's top Republican Friday urged Norm Coleman to take his fight against Al Franken all the way to the Supreme Court “until we know who won.”  —  Franken holds a 225-vote lead after a hand recount of ballots cast in November.  But Senate Minority Leader Mitch McConnell …
 
 
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 More Items: 
Daphne Eviatar / The Washington Independent:
Obama Justice Department Urges Dismissal of Another Torture Case
Discussion: The Raw Story
Rick Chandler / Deadspin:
Charles Barkley Wants To Punch Rush Limbaugh
Brian Stelter / New York Times:
Forget Britney; Media Outrage Hits Big Spenders
Discussion: TVNewser
Henry Blodget / Clusterstock:
Geithner Seen As A Mistake, Steve Rattner The Fallback Plan
Discussion: Hot Air and A Blog For All
Annie Kelly / Guardian:
Raped and killed for being a lesbian
Discussion: The Huffington Post
 Earlier Items: 
David Rogers / The Politico:
Ya can't make it up: House praises pi
Discussion: QandO and Betsy's Page
Jesse Washington / Associated Press:
NAACP says bank giants steered blacks to bad loans
Justin McCurry / Guardian:
Japan threatens to shoot down N Korea satellite
Discussion: Closing Velocity and Neptunus Lex
Ann Scott Tyson / Washington Post:
Destroyer to Protect Ship Near China
Discussion: Taylor Marsh
Conor Clarke / The Atlantic Business Channel:
Obama and Biden will shame you
Discussion: Washington Post
Carrie Johnson / Washington Post:
How Obama Will Handle U.S. Attorney Posts Remains Unclear
Discussion: TalkLeft, Law Blog and Stop The ACLU
 

 
From Mediagazer:

Mandy Dalugdug / Music Business Worldwide:
UMG, ABKCO, and Concord sue Believe and its subsidiary TuneCore for $500M+, alleging Believe built its business via “industrial-scale copyright infringement”

Reuters:
French judicial source: investigators searched Netflix's offices in France and the Netherlands as part of a preliminary investigation into tax fraud laundering

Christopher Palmeri / Bloomberg:
Sources: Shari Redstone does not plan to stay on the board of Paramount Global after the company completes its planned merger with Skydance Media

 
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