MICHAEL PETRELIS: “The SPLC’s new 2009 IRS 990 filing shows they have a bank account in the Cayman Islands. Now, stop for a good long minute and ask yourself what the hell is a supposed poverty-fighting Alabama-based tax exempt organization doing with such an account. Then ponder this: how much money is in it. . . . Assets for the organization are listed at $190 million, a nice chunk of change in these economic hard times. When was the last time this group, with almost $190 million in assets, did a damn worthwhile thing about, um, poverty?” Well, nobody who works for them is poor. . . .

UPDATE: SPLC: The Wolf Who Cried Hate.