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Thursday, March 21, 2013

Cheat Sheet - Don’t Doubt the Hipster

Today: Why Paul Ryan's Star Dimmed , Obama Meets Palestinian President , Cyprus President to Present 'Plan B'
Cheat Sheet: Morning

March 21, 2013
RESPONSE

Joel Kotkin said Richard Florida turned his back on the idea that the creative class spurs economic growth and reinvigorates cities. Bollocks, says Florida. Read his response in The Daily Beast.

THE HAS-BEEN

Once celebrated as the GOP's next big thing, the Wisconsin congressman has lost the respect of the media and is taking fire from his own side over his fantastical budget. The Daily Beast's Howard Kurtz on how Romney's running mate fell from grace.

WELCOMING COMMITTEE

President Obama arrived in the West Bank on Thursday and met with Palestinian President Mahmoud Abbas, while Gaza militants fired rockets into an Israeli border town Obama visited in 2008. The Israeli military said four rockets in total were fired, but the third and fourth ones landed in Gaza. No one was injured. On his first trip to Israel as president, Obama stressed the importance of the Israeli-U.S. friendship as well as committing to a two-state solution. In what had to be a disappointing omen—to say the least—a tree gifted by Obama to Israeli President Shimon Peres's home was dug up Thursday morning to test for "pests."

BAILOUT DRAMA

The whole world is watching you, Cyprus—time to get your act together. On Thursday the country's president will present a "plan B" bailout package amid threats by the European Union to cut off funds if a strategy to raise billions of euros is not in place by Monday. The proposals may still include a controversial tax on bank deposits, despite a day of emergency talks by Parliament on Wednesday—following discussions with Russia about an alternative rescue plan. To prevent bank runs, Cyprus's banks will be closed the rest of the week, as well as on Monday, a scheduled banking holiday. The country is teetering on the edge of default after investing heavily in Greek debt and has been negotiating with the EU for a €10 billion rescue package.

MYSTERY

Colorado police said Wednesday that there are "no known suspects" in the murder of Tom Clements, the state's director of corrections chief, who was shot dead when answering the door at his house Tuesday night. A spokesman for the El Paso County Sheriff's Department, Lt. Jeff Kramer, said there is no evidence that it was a robbery, but that a random killing has not been ruled out. Kramer said authorities are searching for a "boxy" late-model two-door car that a neighbor saw outside Clements's home at the time of the shooting. While Gov. John Hickenlooper and other state officials praised Clements's public service, not all his decisions were popular—in fact, he had been at the center of the controversial decision about which prisons to close.


CIVIL DISOBEDIENCE
98 Arrested in Las Vegas Protest
More than 2,000 culinary workers rallied outside the Cosmopolitan.
CONSERVATIVE WAR
O'Reilly Defends Obama Against Bachmann
For "trivial" criticism.
HARSH
Bollywood Star Gets 5 Years in Jail
For allegedly getting guns from 1993 Mumbai bombers.
LATE-NIGHT WARS
Report: NBC Committed to Fallon
Will replace Leno and bring show back to New York.
FREE MAN
Bobby Brown Serves 9 Hours in Jail
Despite being sentenced to 55 days.
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