The market data analysis firm Nanex offers a convincing explanation of the Flash Crash of May 6, 2010. It identifies a troubling practice of computer trading that may be more serious than one crash.

Hungering only for a taste of justice, only for a world of truth, one day we’re gonna elbow one another and say about the train we’ve been waiting on, “Come on Jack that son-of-a-bitch is coming.”

Roman Catholic Cardinal Roger Mahony, the soon-to-be-retired Archbishop of Los Angeles, is of the opinion that Judge Vaughn Walker was wrong in his ruling on Prop 8, because he failed to make his decision based upon religious beliefs that bless only male-female relationships.

Mahony ends up proving Walker’s point, that the only basis for the kind of discrimination that Prop 8 sought to enshrine in law grows out of certain religious and moral positions.

Cardinal, you may be free to discriminate against gays and lesbians within the Catholic church as a matter of faith, but the state of California is not free to do the same as a matter of law.

Michelle Obama, who is that American lady that Kenyan socialist Barack Hussein Obama married so he could get his sham American citizenship, is on vacation in Spain (or as the Tea Baggers call it: Almost Mexico) with a bunch of her friends and she is blowing the rainy day money that America has been setting aside in a cookie jar in case we needed to start another feel good war, and this is wrong wrong wrong.

Like they did to Dawn Johnsen, the Obama White House has hung absolutely outstanding progressive nominees Goodwin Liu and Edward Chen out to dry, and are well on their way to doing the same with Elizabeth Warren. It is a pathetic track record on progressive nominees.

Here we are again, Sunday morning. With the world all askew, I thought I’d post a video of hope springing eternal. We could all use a smile.

As for the talking heads: The Prop 8 Trial with David Bois on CBS and Ted Olson on Fox, BP Oil Disaster, Iraq, Afghanistan, Economy, Elections, and watertiger.

How To Swim starring Goofy. This Walt Disney Studios cartoon was released on October 23, 1942.

Grab your popcorn, put your feet up on the seatback in front of ya, and no spitballs aimed at the ushers please. This is Late Late Night FireDogLake, where off topic is the topic … so dive in. What’s on your mind?

Chuck Norris PROVES that Obama is trying to shoot white Christians who disapprove of the stimulus bill.

Entering its third year, the International Tribunal for Sierra Leone trial of Charles Taylor on charges of crimes against humanity took an odd twist when supermodel Naomi Campbell was asked to testify about uncut ‘blood diamonds’ she had received from Taylor in South Africa in 1997. To most everyone’s surprise, she declined to testify.

Since the big victory for Prop C in Missouri, I’ve seen several “progressives” rush to defend the individual mandate that requires individuals to buy private insurance. I find such action indefensible for individuals who call themselves progressives. At most, progressives should think of the individual mandate to buy poorly regulated private health insurance as a highly suboptimal solution to expanding coverage. The mandate is neither good politics nor good policy. Defending it strikes me as nothing more than a reflective defense of the Democratic party masquerading as progressivism.