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2:15 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:
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 …
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.
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.
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.
RELATED:
Ben Pershing / Washington Post:
No Second Stimulus Bill Is Coming Soon, Pelosi Says
Discussion: ProPublica
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 …
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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:
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
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 …
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Joe McDonald / Associated Press:
China “worried” about US Treasury holdings  —  BEIJING (AP) - China's premier expressed concern Friday about its massive holdings of Treasuries and other U.S. debt, appealing to Washington to safeguard their value, and said Beijing is ready to expand its stimulus if the economy worsens.
Discussion: Weekly Standard and Donklephant
RELATED:
Michael Wines / New York Times:   China ‘Worried’ About Safety of U.S. Treasuries
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: Think Progress
Ann Scott Tyson / Washington Post:
Destroyer to Protect Ship Near China  —  The U.S. Navy has dispatched a guided-missile destroyer to the South China Sea after Chinese ships allegedly harassed an American ship operating there last weekend, a Pentagon official said yesterday.  —  The USS Chung-Hoon, armed with torpedoes and missiles …
Discussion: Taylor Marsh
RELATED:
Tim Reid / Times of London:
US warships head for South China Sea after standoff
Discussion: LewRockwell.com Blog
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 …
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 …
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 …
Charles Murray / American Enterprise Institute:
The Happiness of the People  —  The 2009 Irving Kristol Lecture … My thanks to AEI's Council of Academic Advisers for this great honor.  —  As best I can estimate, tonight is the twentieth of AEI's annual dinners that I have attended.  It has been a memorable series of evenings.
 
 
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 More Items: 
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
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
 Earlier Items: 
Colum Lynch / Washington Post:
Hardened U.S. Embassies Symbolic of Old Fears, Critics Say
Jonathan Martin / The Politico:
Lobbyist ban limits Obama's options
Discussion: TIME.com
Charles Krauthammer / Real Clear Politics:
Morally Unserious in the Extreme
Carrie Johnson / Washington Post:
How Obama Will Handle U.S. Attorney Posts Remains Unclear
Discussion: TalkLeft, Law Blog and Stop The ACLU