Texas: What the Hell? The Lone Star State, a wholly owned corporate subsidiary, solidified its ranking this year as America’s number one innovator of really bad public policies and bad government in general.

Branching out from their usual corrupt collusion with Big Oil, industrial polluters and other profiteering hucksters, the governor and top lawmakers came up with a whole new batch of legalized slick-um, specifically to protect and profit a new Texas stock market for big money dealers. Who needs it? After all, beaucoup markets already exist for speculators and such. Yes — but those markets are at least loosely regulated to protect investors — plus, some states want to tax stock-trading profits.

So here come Texas politicos, pushing a cutely named “Y’all Street” stock exchange, promising that it’ll be “speculator-friendly.” Friendly means........

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