Cato Institute: The Voters Are Ignorant And Proud Of It
Bryan Caplan at the Cato Institute has a fascinating new essay out, arguing what many of us have suspected for quite some time: The voters are stupid. "I offer an alternative story of how and why democracy fails," Caplan writes. "The central idea is that voters are worse than ignorant; they are, in a word, irrational — and they vote accordingly. Despite their lack of knowledge, voters are not humble agnostics; instead, they confidently embrace a long list of misconceptions."

Obama To Union: I'll Walk A Picket Line With You
Barack Obama made a bold promise to the Culinary Workers Union in Las Vegas: If the hotel workers can't get a contract, he's ready to march on the picket line with them. "All we’re asking for is make sure the burdens and benefits of this new global economy are spread evenly across the board," he said. "That if profits are going up for everybody, then those profits are shared with workers. If CEO’s have free healthcare, then workers get free healthcare."

Poll: Voters Think Rudy And Hillary Have Best Chance Of Winning
A new Gallup poll finds that more respondents think Rudy and Hillary are the candidates with the best chance of winning the nomination of their respective parties. Eighty-three percent of Dems think Hillary has the best shot at the Dem nomination, while 76% of GOPers think Rudy has the best chance at the Republican nomination.

Pelosi: Bush Still Doesn't Get It On Global Warming
Speaker Nancy Pelosi lambasted what she called the Bush Administration weak new position on global warming: "Yes, he says now he believes that global warming is happening and he accepts the science that it is ... But if that were so, if he truly understood that, he could not have come up with a proposal that is 'aspirational.'" Pelosi is calling upon the House to pass legislation to restrict carbon emissions.

Obama Campaign Divests Of Rezko-Connected Money
Barack Obama's campaign has announced that it will donate to charity $5,000 that the Senator received in his 2004 campaign from Ali Ata, a former Illinois state official who has been indicted for helping to secure a $10 million loan for Antoin Rezko, money later used in a fraudulent scam. Obama's campaign has previously donated $11,500 personally donated by Rezko, a longtime patron of Illinois Democrats who is now under federal indictment. Rezko had helped to raise millions of dollars for Obama over the course of his the Senator's in Illinois.

Hedge Fund Money Going To The Dems
A study by Reuters shows that managers at the top hedge funds donated $1.1 million to Presidential candidates in the first quarter, and an astonishing 75% went to Democrats — a possible sign of the party's momentum. Chris Dodd received the most money, $347,300, followed by John Edwards $190,650, then Hillary Clinton at $164,600.

U. of Missouri Restarting Search For New Head — Could Trigger House Special Election
The University of Missouri is restarting its search for a new president from scratch after their reported top choice, businessman Terry Sutter, abruptly withdrew from consideration. Governor Matt Blunt (R) has now endorsed the candidacy of GOP Congressman Kenny Hulshof, who has also been angling for the job. If the university's curators ultimately pick Hulshof, his resignation from the House would trigger a potentially competitive — albeit still GOP-leaning — special election.