Sen. Trent Lott to resign from Senate before 2008

From MSNBC:

NBC News

NBC News has learned that Sen. Trent Lott, R-Miss., the minority whip is in the midst of informing close allies that he plans to resign his senate seat before the end of the year. It's possible a formal announcement of his plans could take place as early as today. [Snip]

While the exactly reason Lott is stepping down before he finishes his term is unknown, the general speculation is that a quick departure immunizes Lott against tougher restrictions in a new lobbying law that takes effect at the end of the year. That law would require Senators to wait two-years before entering the lucrative world of lobbying Congress.

Good Riddance. America will be better off with the racist Trent Lott in the private sector robbing widows and children on a retail basis instead of in the Senate stealing on a wholesale basis.

Lott's departure from the Senate is another indicator that the Republican Party does not expect to regain control of the Senate in 2008.

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Addendum: Can Democrats pick up Lott's seat in the Senate? Go read Eric Kellfield at TPM Election Central for the state of play.

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Addendum 2: I wonder if this is connected to Trent's Senate resignation? From Atrios :

Larry Flynt, editor and publisher of Hustler magazine, just told FOX Business Network’s Neil Cavuto that he’s “hoping to expose a bombshell” that will stand “Washington and the country on its head.” Within the next week or two, he says his magazine will expose a sex scandal of huge proportions involving a prominent United States Senator. Flynt refused to comment on the Senator’s political affiliation, but alluded that he or she is a Republican.

I guess we'll know in the next week or two, won't we?

What does Schadenfreude mean again? And is it a sin? :}