You've heard your Democratic pals talk about it, maybe in hushed tones at precinct trainings or county meetings. Maybe you meet with other local activists for beers, and you talk about the early vote numbers but then that other possibility comes up, and you all wonder about it for a few seconds before trying to dismiss it with a wave of the hand and a roll of the eyes.

The Dow dropped over 300 points on the second worst stock of the year, and most of it happened near the end of the day. Economic news is real news, even if the Dow isn't the best general indicator of how things are going.

John McCain only managed to scrape together $12 million in February.

Plenty of polling is going on in Texas, and we've collected some recent numbers for you after the jump.

This story about potential litigation against the Texas Democratic Party came out last night. The story essentially seems to be that Clinton campaign representatives have been asserting their right to challenge the caucus process and results, and the Obama campaign has said they are "keeping all options on the table. As a result, TDP General Counsel Chad Dunn wrote a letter to both campaigns cautioning against litigation, and both campaigns have said they don't plan to sue prior to the primary. This story is developing and we're working on it right now. More as we get it.

Senator Hillary Clinton has taken to the august climes of the Huffington Post to write about child poverty. As blogging goes, it is pretty good. I do however think the media's sense of wonder that there's a whole 400 comments on the thread is adorable.

The other day we told you that your chances of being on the FBI's terror watch list are about 1-in-300. We also learn the depressing factoid this week that your chances of being in prison are slightly more than 1-in-100. So, just to reiterate: you are three times more likely to be in jail than to be on the terror watch list.

The Republicans tell you that telecoms deserve immunity in the wiretap mess because they were protecting America from monolithic evil, etcetera and so forth. So watch as the Funhogs pout because telecoms aren't donating enough to the GOP in reciprocation for attempts at granting them immunity. I wish I could say I was joking, but alas I am not.

Leaked a little early to the AP and then confirmed via conference call at around 2:00 CST, the Clinton campaign is reporting that they raised $35 million in February. The big money continues to roll in for both campaigns.

New York City Mayor Michael Bloomberg has announced he is not running for president. So. At least now we know how that will turn out.