THE DAILY NEWSLETTER - THURSDAY, MARCH 18, 2021

Media Winners & Losers

MEDIA WINNER:
Grumpy Cat

“Grumpy Cat” emerged as a top force in cryptocurrency on Wednesday after a coin dedicated to her saw its price surge by more than 1000 percent in one day.

Total investment in the “Grumpy Cat” coin jumped to more than $50 million as of late Wednesday afternoon after sitting at less than $5 million earlier in the week. Social media users ecstatic over the meteoric rise shared pictures that included the cat going to Mars with SpaceX CEO Elon Musk and refusing to buy its most prominent rival, Dogecoin, which Musk has routinely promoted in recent months.

Dogecoin saw its value jump by more than 30 times over the last year, from about $200 million to more than $7.5 billion this week, bolstered by glowing reviews from Musk and Dallas Mavericks owner Mark Cuban, whose basketball team began accepting it as part of its business.

Organizers associated with the Grumpy Cat currency said some proceeds from the price surge would go to animal aid groups, including $80,000 for the Sterling Animal Shelter in Massachusetts.

This may sound like an internet own more than a win, but these are millions and potentially billions at stake in the crypo market, and with mainstream press following the story on regular news, since the GameStop debacle, it's hitting the public's consciousness like never before. Meme faces or not.

MEDIA LOSER:
Atlanta/Cherokee Police

Cherokee Sheriff Frank Reynolds held a press conference Wednesday and told reporters that Robert Aaron Long, the suspected gunman in the horrific, racially-specific killings in Georgia, had a “sexual addiction” and may have frequented the targeted spas in the past.

At one point in the conference, Cherokee police captain Jay Baker described the murderer as being “fed up, at the end of his rope, and yesterday was a really bad day for him and this is what he did.”

Among the eight people killed, six of them were Asian women, raising questions about whether this is part of a surge in hate crimes against Asian Americans. The police were widely and harshly criticized online for both the “bad day” comment and for apparently taking his word that he wasn't motivated by race.

On air, CNN's Lisa Ling and The Daily Show's Trevor Noah also took the local officials apart over the disastrous handling and commentary.

But tone-deafness was not the end of Jay Baker's problems. It turns out he has a past online, including having shared on his Facebook page images of T-shirts that featured a biohazard sign above a mock Corona beer logo reading “Covid 19 Imported Virus from Chy-na.”

All around awful performance so far by the sheriff's department.

The A-Block

All the Rope in Texas

Republican Congressman Chip Roy waxed poetic about lynching in the middle of a hearing held to address a rise in hate crimes against Asian Americans.

The House Judiciary Committee held the hearing on Thursday — a proceeding which comes two days after six Asian women and two others were killed by a gunman who attacked multiple spas in around Atlanta.

Roy spoke about how “all Americans deserve protection and to live in a free and secure society” and that the Atlanta victims deserve justice, but then he diverted to an old saying that fondly recalled lynchings in Texas.

 "We believe in justice. There’s old sayings in Texas about find all the rope in Texas and get a tall oak tree. You know, we take justice very seriously, and we ought to do that," he said. "Round up the bad guys. That’s what we believe."

It was immediately news.

In a statement to Mediaite, Roy stood by his comment.

“Apparently some folks are freaking out that I used an old expression about finding all the rope in Texas and a tall oak tree about carrying out justice against bad guys,” he wrote in a text to Mediaite’s Sarah Rumpf.

The statement continues, here.



In Other News...

President Biden Orders Flags to Half-Staff to Honor Victims of Atlanta Shooting

Politico Live Interview Gets Extremely Awkward As Ryan Lizza and Rep. Lee Zeldin Battle Over Whether Biden Won

Harry Reid Predicts Senate Will End the Filibuster: ‘Not a Question of if But When’

• Law and Crime Sues Court TV For Claiming It’s Only Network Providing Live Coverage of Entire Derek Chauvin Trial

Must See Clip

Xiao Zhen Xie is a hero.

A 76 year-old woman named Xiao Zhen Xie is seen in a now viral video being restrained by paramedics and police from having another go at a white man who apparently attacked her on the street. At that moment, he was being wheeled away on a gurney, covered in blood, having been beaten soundly by the elderly woman as she defended herself from his unprovoked attack.

The viral clip, as well as the interview from KPIX, are absolutely a must see.

Links We Like

Am I Next? A Powerful Discussion On Anti-Asian Violence
- Kathy Park and Lawrence O'Donnell, MSNBC via Twitter
America’s Emerging One-Party State
- Mario Loyola, National Review
It's Time for the Government to Crack Down on Big Tech
- Daniel G. Newman, Newsweek
"Trump’s a Liberal New Yorker. Why Would We Listen to Him Either?”
- Reed Richardson, Mediaite
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