Parade pays homage to stupidity

SAN FRANCISCO

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The 31st annual parade was organized by The First Church of the Last Laugh, a satirical group that claims to be "the world's oldest religion" and "the world's largest church" boasting a membership that includes the entire human race.

"It's an homage to stupidity," parade organizer Ed Holmes said. Holmes, who is also known as Bishop Joey, said the parade typically draws up to 400 people.

Participants are encouraged to "stick the head of your favorite overpaid CEO on a stick, bring pink slips and eviction notices for the headquarters of the not-so-free market, print your own money for bailouts, payoffs and buy-ins."

Wednesday's parade will commence at Justin Herman Plaza at noon with stops scheduled along the way, including at the Federal Reserve Bank of San Francisco and the Pacific Stock Exchange.

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