Graded Earnings: Is there an alternative?

Funny, Im watching "Lets Go to the Races" tv weekl wrap up show on late, from Philly Park. It's Dick Gerardi and another guy. So Gerardi says "ANd this graded earnings stuff has got to go...They've got Chelokee who might not get in. They need to go to a committee or something.."

Yeah. Like the Committee wouldnt make a billion more mistakes. WHose to say the Committee picks Chelokee?

"...or something." Got any more bright ideas?