This skit is a surprisingly honest commentary on the events surrounding the recent bailout, the complicity of the Democrats, the amazing availability of easy money for mortgage loans to people that could in no way qualify without the intervention of the Community Revitalization Act, and the gross greed of those in the mortgage industry who took advantage of the situation.
While the politicians depicted are real, the "victims" are fictional, except for Herbert and Marion Sandler who are real life individuals who profited hugely by focusing of sub-prime mortgages then selling their business to Wachovia in 2006 just before the mortgage meltdown began.
I’ll say no more but post links to pertinent articles and say that I’ve downloaded the video, so if it goes missing again, I and many others who’ve done the same will work to keep it alive.
This video, in satire, tells the story that many in the mainstream media won’t touch, and apparently NBC is to dishonest, and apparently frightened by someone, to remain public.
Links:
YouTube – Freddie and Fannie
LA Times – Self-censorship? "Saturday Night Live" pulls bailout skit
Michelle Malkin – The missing SNL bailout skit — and the Soros connection
RedState – NBC Yanks SNL Skit From Internet To Help Democrats
Wikipedia – Herb Sandler
Winston-Salem Journal – Ex-Golden West banker defends his mortgage actions
"We are all in the same boat on a stormy sea and
we owe each other a terrible loyalty." - G. K. Chesterson

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