breaking! kos wrong! delay indicted!

kos was wrong!  if delay's not toast, he's warm bread getting drier by the minute...

the   austin american statesman  is reporting tom delay has been indicted for conspiracy:

(after the jump)

a travis county grand jury today indicted u.s. house majority leader tom delay on one count of criminal conspiracy, jeopardizing the sugar land republican's leadership role as the second most powerful texan in washington, d.c.

the charge, a state jail felony punishable by up to two years incarceration, stems from his role with his political committee, texans for a republican majority, a now-defunct organization that already had been indicted on charges of illegally using corporate money during the 2002 legislative elections.

the grand jury, however, took no action against texas house speaker tom craddick, texas association of business president bill hammond or state reps. dianne delisi and beverly woolley, both of whom sit on the political committee's board, for their roles in the election.

the grand jury's term ended today.

 mr. delay will have to step down as the majority leader. no, we weren't smirking when we said that, really...