Good morning, C&C family, it's Wednesday! Your special edition roundup breaks down yesterday's most explosive story— the criminal indictment of the so-called Southern Poverty Law Center, which has been a key Democrat institution since the 1970s. Your feeds are packed with hot takes and disinformation, so let's figure out how big this story actually is. Spoiler: it's bigger than the hottest hot takes can imagine.

Conservative social media lit up like a container-load of Roman candles yesterday afternoon and continued well into the wee hours. The New York Times ran one of the most useless articles it has ever written, weakly headlined, "Justice Dept. Charges Prominent Civil Rights Group With Financial Crimes." First of all, when the Times edits the defendant's name out of the headline, you know the indictment is serious. Second, it wasn't the Justice Department who charged them— it was an Alabama Grand Jury.

The SPLC is squatting on a Leprechaun's hoard of around $800 million dollars, plus or minus, squirreled away for electing progressive candidates aligned with the organization's left-wing values. Carefully note that morbidly obese bank balance —$800 million— as it will become extremely important later.

Yesterday, brand-new interim Attorney General Todd Blanche —whose name means "white" in French, and who'd have a snowball's chance in Tehran of ever being confirmed by the Senate— unleashed what will soon become the most controversial and historic indictment of the entire Trump era. To give you an idea of how momentous this is, when I asked Michelle what she thought about it, she said, "I now forgive every awkward tweet Trump ever posted. Whenever people complain about something he says, I'll just say: 'SPLC.'"