“The Commodities Futures Modernization Act of 2000 not only prevented the federal government from regulating instruments like collateralized debt obligations and credit default swaps, it even prevented the states from regulating them using gaming laws –which otherwise might easily have applied, since so many of these new financial wagers were indistinguishable from racetrack bets.”

BartCop Visits A Klan Rally

"They were impeccably starched. They had black pants
with a snappy crease and new, black ties.
They stood like statues, like the guards at Buckingham.
All except the the Head Dragon.
The head dragon wore BLACK!
(How did I know he was the head dragon? His knees were dirty...)"

Found on BartCop:

Bart..
The Triumph wasn't the only Carnival Crap Cruise from Texas.
One went to Mexico and the other went to the Senate.
Mike McB.

Gingrich for Pope

Sheldon Adelman announced today that he is making a $5 million donation to Newt Gingrich’s campaign to be elected Pope by the College of Cardinals.

In related news, Gingrich today paid a visit to his wife Callista at the Intensive Hair Unit of Carrolton Georgia’s Smitten Hair Studio to inform her of his intention to have his third marriage annulled by the Catholic Church, freeing him to run for the post of Holy Father.

Rick Perry Creates Jobs for California Deejays and Admen

From governor.state.tx:

Radio listeners across the Golden State are hearing a new pitch this week - Texas Gov. Rick Perry inviting California companies to check out the low taxes, predictable regulations, fair legal system and skilled workforce that have made Texas the best state in the nation to live, work and raise a family.

The 30-second spot, which will run on six radio stations in the San Francisco, Sacramento, Los Angeles, Inland Empire and San Diego media markets, coincides with a new, California-targeted section on www.TexasWideOpenForBusiness.com. The one-week ad buy is paid for by TexasOne, a public-private partnership that markets Texas nationally and internationally as a prime business destination.

To hear the ad, please visit http://www.texaswideopenforbusiness.com/ca.php. Full text is below:

"Building a business is tough, but I hear building a business in California is next to impossible. This is Texas Gov. Rick Perry, and I have a message for California businesses: come check out Texas. There are plenty of reasons Texas has been named the best state for doing business for eight years running. Visit texaswideopenforbusiness.com, and see why our low taxes, sensible regulations and fair legal system are just the thing to get your business moving to Texas."