Smith: ``it was a stupid joke''
Senate Minority Leader Malcolm Smith, left, said this morning that ``it was stupid'' to joke with lobbyists last week in Ulster County that his Democratic conference is like an IPO and that lobbyists should invest now to get in cheap before Democrats win the majority.
The White House says President Barack Obama realizes his talk show quip about the Special Olympics was a ``thoughtless joke'' and the group's athletes deserve better.