Inside the Texas Capitol had a bit of an epiphany regarding the TXU fast-track matter, for which Governor Perry was slapped down on Tuesday. He's seeing a cap-and-trade angle that TXU might be trying to exploit while it still can. Check it out and see what you think. Also see Burka's account of TXU's turn as an inflatable clown punching bag in the Senate. You might almost feel a twinge of sympathy for them. Almost. And finally, McBlogger piles onto TXU and their complaints about how they're being treated. That'll help you deal with any lingering feelings of sympathy if needed.

UPDATE: And more from the Texas Observer blog.