Paula Deen and the Cholesterol Problem in this Country

I had to laugh the other day while watching an episode of Paula's Home Cooking.  As you know, I am stuck on the couch with a broken ankle so my days consist of reading cookbooks, writing for my blog, watching the Food Network and then trying to drag myself into the kitchen to make something really satisfying for dinner (especially after doing nothing but thinking about food for 10 hours).  Now, I am a lover of Southern cooking (one of my favorite places in the world is Charleston and a favorite restaurant is Justine's Kitchen in Charleston) and I love Krispy Kreme doughnuts but even my teeth started to hurt and my cholesterol levels shot up just watching this recipe.  I give it to you below for your comments.  I thought for one passing moment about making it but I think it was because my cast is too tight!  By the way, the recipe got rated 5 stars by the reviewers.
UPDATE: Paula deen was seen on a recent episode drinking butter straight from a dish!  Will the madness never end!

Bill Nicholson's Krispy Kreme Bread Pudding with Butter Rum Sauce
Recipe courtesy Paula Deen & The Food Network

12 servings

2 dozen Krispy Kreme donuts
1 (14-ounce) can sweetened condensed milk (not evaporated)
2 (4.5-ounce) cans fruit cocktail (undrained)
2 eggs, beaten
1 (9-ounce) box raisins
1 pinch salt
1 or 2 teaspoons ground cinnamon
Butter Rum Sauce, recipe follows

Preheat oven to 350 degrees F. Cube donuts into a large bowl. Pour other ingredients on top of donuts and let soak for a few minutes. Mix all ingredients together until donuts have soaked up the liquid as much as possible. Bake for about 1 hour until center has jelled. Top with Butter Rum Sauce.

Butter Rum Sauce:
1 stick butter
1 pound box confectioners' sugar Rum, to taste

Melt butter and slowly stir in confectioners' sugar. Add rum and heat until bubbly. Pour over each serving of Krispy Kreme Bread Pudding.