Obama to Olbermann: We’re going to need about 65% of that

Keith Olbermann has received a contract extension from MSNBC through 2012, which also gave him a raise from $4 million to $7.5 million a year. Let that soak in a little — SEVEN. AND A HALF. MILLION. DOLLARS. That’s a lot of scratch for trying to bring discourse to a grinding halt. Amazing.