Protesters storm the J.P. Morgan Chase shareholders meeting but Jamie Dimon, who lost $2 billion bucks, will still stay on as CEO.  And Mitt Romney calls for the repeal of Dodd-Frank, the only thing standing between your bank account and another economic meltdown.         

Former Sen. Byron Dorgan (D-ND) saw it all coming, and he’ll join Ed (who reports tonight from Washington, D.C.) for reaction and analysis.

Meanwhile, Romney warns of a "prairie fire of debt" during a campaign stop in Iowa.  But Ed will remind him who started that prairie fire with MSNBC Political Analyst Richard Wolffe.  And check out this excellent chart:

The mayor of cable news, Bill O’Reilly, is trying to fool "the folks" again, saying there’s no such thing as income inequality.  Howard Dean, former Democratic National Committee Chairman, former presidential candidate and the founder of Democracy for America, and some Big Eddie charts will set him straight.  

Republican Congressman James Lankford of Oklahoma doesn't think a law should be passed banning discrimination towards LGBT employees.

In a sidewalk interview with Think Progress, Lankford explained that homosexuality is a choice, unlike race or gender.

"Race and sexual preferences are two different things. One is behavior related, preference related. One is something inherently, skin color, something obvious, that kind of stuff," Lankford said. "You don't walk up to someone on the street and look at them and say gay or straight."

He also added that he doesn't believe that some is born gay.

Apparently, Lankford didn't get the memo from  the American Medical Association and the American Psychological Association. Both medical organizations have said that homosexuality  is not a choice.

When JPMorgan Chase sheepishly announced last week that it had taken a $2 billion loss on risky derivatives trading, it underlined the fact that nearly four years after a crisis that nearly toppled the global financial system, we still haven't done nearly enough to make sure it can't happen again.

“JPMorgan is one of the best-managed banks there is," President Obama declared on ABC's The View, in footage that aired Monday evening. "Jamie Dimon, the head of it, is one of the smartest bankers we've got, and they still lost $2 billion ... This is why we passed Wall Street reform.”

But has Wall Street reform solved the problem? "There's nothing to stop Jamie Dimon and JPMorgan Chase from going right back down the same road and doing this all over again tomorrow," Ed Schultz noted on The Ed Show Monday night. "Because it's perfectly legal."

Wasn't the financial reform legislation of 2010 -- better known as the Dodd-Frank law -- supposed to end this kind of hazardous trading? 

Bart Chilton, Commodity Futures Trading Commission explained on The Ed Show that the problem is that many of the law's specific regulations haven't yet been drawn up -- a task that falls to the Securities and Exchange Commission and other regulatory agencies.

AP Photo/Charles Dharapak

President Bush, right, shakes hands Massachusetts Gov. Mitt Romney at a Bush-Cheney 2004 campaign fundraising event in Boston Thursday, March 25, 2004.

Finally, Mitt Romney got the endorsement he's been waiting for most all these months!

"I'm for Mitt Romney," former President George W. Bush told ABC News this morning as the doors of an elevator closed on him following a speech he delivered at a human rights forum a block from the White House.

There you have it: with four words, you have the most-prized endorsement possible if you're running for the GOP presidential nomination.

But where's the press release? Where's the big photo op?  Where's the handshake?  Romney did all those things with the likes of Donald Trump.  Watch it:

As Dana Carvey use to say while imitating Bush's father, "not gonna do it."  Watch it:

Why?  Because Bush still has a long, long way to go to improve his legacy.  

In three major surveys since he left office in 2009, Bush is ranked anywhere from the fifth-worst (by the Siena Research Institute) to the tenth-worst (United States Presidency Centre in London) U.S. president ever.  Siena gave Bush poor ratings for his handling of the economy, communication, ability to compromise, foreign policy accomplishments and intelligence. 

Senator Marco Rubio has yet to unveil his plan for immigration reform, yet he's accusing the White House of trying to sabotage it. Meanwhile Senator Harry Reid says the Democrats are willing to work with Rubio. 

Republican Governors in numerous states are trying to undermine health care reform by stalling on implementing new policies. What does this mean for millions of Americans? Ed talks with Wendell Potter, a news analyst with the Center for Public Integrity, a contributing writer for the Huffington Post and author (“Deadly Spin”).

Ed is back after a three-day weekend and he's already on Scott Walker's case again.

A new video of the Wisconsin governor telling a billionaire donor about his plan to "divide and conquer" labor might land him in hot water with Congress, in addition to the June 5 recall election.

And speaking of which, The Washington Post reports national Democrats aren't helping the state party to defeat Walker.  Mike Tate, Chair of The Democratic Party of Wisconsin, talks about what he’s running up against.

The victims of Mitt Romney’s vulture capitalism are speaking out in a new Obama campaign ad.  Ed will speak to one of Bain’s victims, Dave Foster, the former union representative for laid off workers at GST Steel.

JP Morgan’s $2 billion mistake proves Republicans just don't get it.  Bart Chilton, Commissioner of the Consumer Futures Trading Commission, comments on the regulation we need to stop another disaster.  

AP Photo/Damian Dovarganes

This is a case that may remind you of the Trayvon Martin shooting.

On March 24, 2012, an unarmed black teen was shot seven times by police in Pasadena, California, while running away from a man claiming he and a juvenile friend had allegedly tried to rob him.  

Kendrec McDade, 19, died the next day.  

McDade’s death has pitted the black community in Pasadena against the police department and prompted a federal civil rights lawsuit by the McDade family alleging police bias against blacks in the city.

First, the 911 caller admitted to lying about about being robbed by two males with guns so he could get a quicker police response.

Tennessee Gov. Bill Haslam (R) has signed a bill that would punish teachers if they discussed “gateway sexual activity” in the classroom.

The amendment describes gateway sexual activity as "sexual contact encouraging an individual to engage in a non-abstinent behavior,” and critics say the language is too broad.

While the bill is meant to stop teachers from talking about groping and oral sex, the bill’s broad language could ban discussions on hand-holding or kissing.

President Barack Obama is casting Mitt Romney as a greedy, job-killing corporate titan with little concern for the working class in a new TV ad debuting today.

In the president's most forceful attempt yet to sully Romney before the November election, the ad recounts the demise of GST Steel under Bain Capital, the Republican's private equity firm.  

750 workers lost their jobs, health insurance, severance pay, even pensions when the Kansas City, Missouri, company closed in 2001.

"It was like a vampire," says Jack Cobb, a steelworker for 30 years.  "They came in and sucked the life out of us."

The ad, at the unusual length of 2 minutes, will run in five battleground states: Iowa, Ohio, Pennsylvania, Virginia and Colorado.

Romney spokeswoman Andrea Saul points out that hat the bankruptcy and layoffs at GST Steel occurred after Mr. Romney had left Bain in 1999.  But, of course, Romney maintained a financial interest in the company after departing to run the Salt Lake City Olympic Games. 

If you've been watching the Ed Show for the past 15 months and you don't think you're going to see the following chart tonight you need your head examined.

The famous play "A Streetcar Named Desire" is getting new life with Blair Underwood and Nicole Ari Parker. They join Michael Eric Dyson.