Thx again, my friend. I had a good morning in the casino so I am paying back the money you lent me!(Who knows, I may need to borow it again some day soon)
It's a "Kachina", which is a type of Hopi doll - it's a representation of a type of ceremonial dancer. This clown is used to teach children about the perils of "excess" like gluttony and such.