March 10, 2009
TUESDAY'S MINI-REPORT.... Today's edition of quick hits:
* Wall Street responded very well to surprising news from Citi.
* Facing bleak prospects, Chas Freedman withdrew from consideration today. He was President Obama's choice to be chairman of the National Intelligence Council.
* Bloodshed in Baghdad: "A suicide bomber took aim at a group of Iraqi army officers on their way to a reconciliation conference, killing 33 people on Tuesday and raising concerns about an increase in insurgent activity in Iraq. It was the second attack since Sunday to kill more than two dozen people."
* Bernie Madoff to plead guilty. He faces life in prison.
* The Supreme Court voted 5 to 4 yesterday to narrow the protections of the Voting Rights Act.
* CNN: "Five Guantanamo prisoners accused in the September 11, 2001, terror attacks on the U.S. staunchly defended their actions, calling the operation 'blessed' and 'great' and the accusations against them 'badges of honor.'"
* You know what Michael Steele really needs right now? Yet another controversy.
* Did Howard Dean become a lobbyist? That's what the Washington Post reported yesterday, but it's not the whole story.
* It's good to see Van Jones join the Obama administration.
* The Center for American Progress is launching a new war room? Sounds like a good idea.
* Scott Lemieux explains the nuances of the religious right's media strategy.
* Some Republican senators aren't impressed with John McCain's misleading crusade against pork.
* The DNC is making progress on its Limbaugh-related billboard project. (My personal favorite: "Americans didn't vote for a Rush to failure")
* Mary Matalin has a very short memory, and a bizarre understanding of recent history.
* Is Ed Schultz in line for the 10 p.m. slot on MSNBC?
* Our very own Hilzoy gets immortalized (sort of) in a new novel.
* Joe Scarborough goes after Jon Stewart, despite the fact that the MSNBC anchor and former Republican congressman apparently is unaware of what "The Daily Show" actually is.
* Jon Stewart goes after Jim Cramer, and is fully aware of what's on CNBC.
Anything to add? Consider this an open thread.
—Steve Benen 5:30 PM
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Who wants to bet on the Repubs giving Obama credit for the stock market today?
Who is a bigger comic, Scarborough or Stewart? And any money on who writes Scarborough's copy?
Posted by: Marc on March 10, 2009 at 5:36 PM | PERMALINK
Jon Stewart goes after Jim Cramer
If I were Jim Cramer, I wouldn't be accusing anyone of being a comedian, but at least he didn't call Stewart a blowhard screaming clown.
Posted by: Danp on March 10, 2009 at 5:41 PM | PERMALINK
It was the second attack since Sunday to kill more than two dozen people."
Er, how about a rule that they don't line up cops or recruits on the street outside. Let them wait inside or something.
Posted by: Dale on March 10, 2009 at 5:59 PM | PERMALINK
I wonder if Bernie Madoff will go to a real jail or to a Republican rest area.
Posted by: nonheroicvet on March 10, 2009 at 6:29 PM | PERMALINK
"They" (Cramer, et al- cable talking heads, congressional talking heads, simpletons with an agenda) STILL haven't figured out this videotape thingie. . .
Jon Stewart just gives voice to what's written for him- it's the writers and the editors who mine the tape vaults that skewer the fools!
Please, Sir, can I have some more?????????
Posted by: DAY on March 10, 2009 at 6:37 PM | PERMALINK
Perhaps if white collar criminals, such as Madoff, were to be sent to Sheriff Joe's tent city in AZ, dressed in pink underwear, they might have second thoughts, or even first thoughts, about breaking the law. Why aren't the self-righteous law & order folks calling for the bankers and other Wall Streeters to be sent to a "real prison"? Talk about special treatment! When have you heard about the horrors of prison from the likes of Martha Stewart or Libby? Somehow, I think they are not exposed to the same treatment and circumstances as "hardened" criminals who abuse Marijuana and coke. Just saying.
peace,
st john
Posted by: st john on March 10, 2009 at 6:40 PM | PERMALINK
Frankly, I'd sleep a lot better at night if someone would whack Matalin & her puppet Carville, he's a liberal like I'm a polo enthusiast.
Posted by: The Pale Scot on March 10, 2009 at 6:41 PM | PERMALINK
and everyone should take a look at this site, anyone who is or has been in the stock market is getting played for a sucker, and Cramer is the dealer at the Roulette table.
"Deep Capture is a work of investigative journalism examining the growing threat to our financial system posed by illegal naked short selling, stock manipulation, and the destruction of public companies." is a project connected with the Columbia school of Journalism.
http://www.deepcapture.com/
Posted by: The Pale Scot on March 10, 2009 at 6:48 PM | PERMALINK
"Is Ed Schultz in line for the 10 p.m. slot on MSNBC?"
As of 7pm edt NO
Posted by: barkleyg on March 10, 2009 at 6:53 PM | PERMALINK
Dropping Freeman is another disaster for improved Israeli-Palestinians relations. Sen. Schumer, "The Senator from Israel," preaches a two-state solution but practices the creeping erasure of the Palestinian people.
(long story short--After the Ottoman's lost their empire the Brits said that the Jews and Palestinians were to share Palestine. That didn't happen--it's now 78% Israel and 22% Palestinian--and Israel grows larger every day!)
Posted by: Dr Wu, I'm just an ordinary guy on March 10, 2009 at 7:06 PM | PERMALINK
[One last time. Knock it off.]
Posted by: Brojo on March 10, 2009 at 7:13 PM | PERMALINK
wanna bet that after a few short months in prison bernie meets the same 'fate' as ken lay...
Posted by: linda on March 10, 2009 at 7:52 PM | PERMALINK
Maybe someone could explain why anyone should care what Mary Matalin has to say about the economy.
Let's get it through everyone's head. She's a political operative. She might even be good at that - I have no idea. But there's no reason her thoughts on the economy are any more worth listening to than those of a cab driver or, yes, a plumber.
Could we please stop treating these people as universal authorities of some kind.
Posted by: Bernard Yomtov on March 10, 2009 at 9:08 PM | PERMALINK
Life in prison for Madoff sounds very excessive.
Posted by: flubber on March 10, 2009 at 9:11 PM | PERMALINK
I have to admit, the Jon Stewart take-downs of Jim Cramer have been a couple of the most delicious-served-cold pieces of video in quite a while. Cramer has been scheduled to appear on the Daily Show on Thursday evening. I hope I am not so dog-tired that I fall asleep before it is on.
All of these TeeVee Wall Street cheerleaders need to go the way of the dinosaurs. It's just sheer fun to see and hear Jon Stewart send them there.
Posted by: jcricket on March 10, 2009 at 9:50 PM | PERMALINK
Oy, oy, oy... No wonder we're ready to pull the combat troops from I-wreck; we're sending them our "best and brightest" bankers to continue to destroy what's left:
http://thinkprogress.org/2009/03/10/citibank-iraq/
Posted by: exlibra on March 10, 2009 at 10:49 PM | PERMALINK
MSNBC should bring back ashleigh banfield.
http://www.ashleighbanfield.com/
Posted by: blueperiod on March 11, 2009 at 12:02 AM | PERMALINK
blueperiod: "MSNBC should bring back ashleigh banfield."
I was never a big fan of Ashleigh Banfield, whom I consider a lightweight, but I must say, after the way they treated her for daring to speak truth to power, why would she want to go back there? Until the corporate players are changed at the NBC network. she's better off where she is right now.
Posted by: Out & About in The Castro on March 11, 2009 at 12:16 AM | PERMALINK
Limbaugh's audience is up 100% so far and the billboards should help. Go for it ! It will be a rare example of Obama supporting private enterprise.
Posted by: Mike K on March 11, 2009 at 12:16 AM | PERMALINK
"Life in prison for Madoff sounds very excessive."
Hardly, the kind of golf courses they have at the prison he's going to are better than I'm ever allowed to play on. Life in prison in his jail would be better than the life most people live. But I agree, he shouldn't spend his life in jail, just gouge his eyes out and let him fend for himself on the streets of Bangkok. He'd make a great beggar. Maybe pour some acid on his face for effect. You get better handouts that way. But he's supposedly some kind of investing genius. We'll see if he can outsmart the beggars of Bangkok. He wouldn't stand a chance in Kolkata, but maybe in Bangkok.
Posted by: fostert on March 11, 2009 at 12:44 AM | PERMALINK
*
* Home
* Diaries
SUB-ROSA NEWS
Some of the News
That may be True
OBAMA CALLS BUFFETT
Wednesday March 11 - Sub-Rosa's senior investigating reporter, Ronald Davit, has obtained a discarded duplicate copy of the tape recording of part of President Obama's day in the oval office.
It appears that there are some omitted or deleted sections but we have pieced together these excerpts:
Hello, Warren, this is the President. How are things in Omaha?
Good. I want to thank you again for your help and advice during the campaign and the advice you have continued to offer. But I have to take issue with your view that I am taking on too many issues at one time and that I have to focus on the economy. Let me assure you .... oh, excuse me for a minute.
I'm back. That was Governor Sebelius and her chief of staff. They wanted clarification of one point in my health plan.
Tim Geitner and I are meeting later this afternoon to .... please hold, call coming in.
That was the Vice President, calling from Brussels. Joe needed approval of some draft language in NATO's letter to Putin. Tim and I are going to be discussing .....
(long silence)
Secretary Gates and Holbrook arrived early for their appointment. We had to make final decisions on some points in the new strategic plan for Afghanistan and Pakistan.
Tim and I feel that some clarification .... just a minute....
Thanks for holding. That was Emanuel. He needed to know which members of Congress will require strong persuasion to support a lower tax benefit for some itemized deductions in order to help fund our health plan. We have hopes .....sorry ...
That was just a draft of my speech tomorrow on our education overhaul.
As I said , I am focusing like a laser on the banking and jobs crisis. In fact .... Oh, Michelle. Yes, I will be available soon to help the kids with their homework. ....
And the Romanian delegation is here now?
Well, Warren, I know that you're very busy running Berkshire Hathaway so I won't keep you any longer. Thanks again for your help.
homer www.altara.blogspot.com
Posted by: altara on March 11, 2009 at 7:00 AM | PERMALINK
"The Supreme Court voted 5 to 4 yesterday to narrow the protections of the Voting Rights Act."
Let's not get our shorts in bunch on this one. This was a technical clarification. The VRA as currently amended has some slightly ambiguous language to the effect that states cannot slice up minority communities into different districts in order to dilute minority influence. SCOTUS just said the converse is not _required_: states are not obligated to gerrymander up artificial minority-majority districts.
Posted by: RuS on March 11, 2009 at 8:28 AM | PERMALINK
Mary Matalin was one of the members of the 'Iraq Study Group' put together in the White House to plan a 'marketing strategy' to sell war on Iraq. Their successful efforts were to sell a war using marketing strategies, the same way that Colgate puts together a marketing strategy to sell toothpaste.
The ONLY public appearances that Mary Matalin should have are those in front of a trial for Crimes Against Humanity.
Posted by: SadOldVet on March 11, 2009 at 8:53 AM | PERMALINK
Go Ed Schultz! He is a sort of Jekyll to Limbaugh's Hyde, it's odd ... and very good. He was on our local either 790 or 850 AM until pulled, and I'd love to see him on TV. Call and write in and ask for him ...
Posted by: Neil B ♣ on March 11, 2009 at 9:06 AM | PERMALINK
Must be a tune-up - He stepped in to host 1600 Pennsylvania Ave, yesterday.
Posted by: berttheclock on March 11, 2009 at 9:13 AM | PERMALINK
One negative comment about his appearance on 1600, yesterday - He used that shout over concept of having three guests at the same time. So, he and Jonathan Alter were paired off against Michael Graham and Lars Larson, Portland's college dropout turned Right Wing Talk Show O'Reilly wannabe. So, there were four guys tring to talk over each other - Much prefer the Rachael Maddow idea of only having one guest, usually, at a time. Of course, there is the Chrissie method of talking over several guests, at the same time.
Posted by: berttheclock on March 11, 2009 at 9:23 AM | PERMALINK
I'd like to see Ed Schultz considered, but I fear he may be deemed too populist for MSNBC. They would seemingly prefer one of those Ivy League northeastern liberal types a la Olbermann and Maddow, and Schultz certainly isn't in that bag.
Posted by: Vincent on March 11, 2009 at 11:47 AM | PERMALINK