Poindexter is out....

WASHINGTON, July 31 — The Pentagon official who oversaw the development of a plan for the military to operate a terrorist futures-trading market is resigning under pressure, a senior defense official said today.

John M. Poindexter, a retired rear admiral who was President Ronald Reagan's national security adviser, is stepping down "in the next few weeks," the official said, following disclosure of a proposal that outraged lawmakers and embarrassed senior Pentagon officials. The plan was to create in essence an online betting parlor that would have rewarded investors who forecast terrorist attacks, assassinations and coups.

As if there weren't quite a few other--better--reasons to oust the guy. Or never appoint him in the first place. Like, duh, he's a felon! In 1988, he was convicted of conspiracy, obstruction of Congress and making false statements, all in connection to Iran-Contra. The convictions were reversed on a technicality in 1991.

Of course, our current head-of-state is a military deserter who actually lost the election....

I'm glad Poindexter's out. Now, when are we going to impeach Bush?

Complete story here.