‘Nobody wins’ on immigration reform  —  The Arizona Legislature's passage of a new hard-line anti-immigration law may force both Democrats and Republicans into a place they don't want to be: dealing with the contentious, no-win issue of immigration reform in the midst of an election year.

Lieberman: Reid will bring energy bill to floor, maybe before immigration  —  Sen. Joe Lieberman (I-Conn.) said Monday that he'd been told that an energy bill would be brought to the Senate floor this year, even possibly before immigration.  —  Lieberman suggested Monday that energy legislation …

THE FATE OF WALL STREET REFORM.... Last week, Senate Majority Leader Harry Reid (D-Nev.) scheduled the first procedural vote — the motion to proceed — on Wall Street reform for about 5 p.m. (ET) today.  As of yesterday, Republicans were still prepared to voice their unanimous opposition, blocking the debate from getting underway.

Creators of ‘Everybody Draw Muhammad Day’ drop gag after everybody gets angry  —  “Everybody Draw Muhammad Day?”  —  As South Park's Sheila Broflovski would say: “What, What, WHAT?”  —  The outcry from Comedy Central's decision to censor an episode of South Park with depictions of Muhammad …

Can Deregulation Solve the Rating-Agencies Problem?  —  You may recall that much of the shoddy financial work on Wall Street during the last crisis came with a stamp of approval from one of a handful of rating agencies (Moody's, Standard and Poors, etc.) that determines the quality of a bond.