Last week, the Senate refused to approve the DREAM Act, a bill that would have offered a path to citizenship for children brought into the country illegally if they attend college or serve in the military. Opponents stated that no immigration reform will happen without first "securing" the 1,951 mile U.S. border with Mexico. America's current approach to border security is wasteful and ineffective, and "securing the border" will never be achieved until we redefine our approach to, and definition of, border security. With many in Washington expressing concern about fiscal responsibility, reining in the billions wasted annually on current border security policies should really be a priority. But America's xenophobic preoccupation with an "invasion" by brown-skinned "illegals" may keep us pursuing an expensive and unreasonable approach to border security.

Today's Wall Street Journal has a stunning exposé on a publicly-traded company called Life Partners Holdings. Are you ready for this? Life Partners creeps around asking the unemployed, the elderly and the sick (especially people with HIV/AIDS) to sell them their life insurance policies for cash. Then they bundle these policies into securities and sell them to vultures -- oh, I am sorry, "investors." Then the "investors" sit around and wait for people to die -- the sooner the better for the purchasers of these death bonds. The future of this industry "looks bright," chirps National Underwriters.

Reminds you a little of those Death Eaters in Harry Potter, doesn't it?