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Wednesday, October 08, 2008

The missing SNL video...

The current brouhaha among political watchers and commentators is the disappearance of a video on the NBC/SNL website of a skit broadcast this past Saturday night.

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.

The only primary missing ingredient is a direct reference to the collusion of Congressmen, specifically Barney Frank though he is depicted in the video, to prop the doors to Freddie and Fannie open even while the Bush administration and members of the Republican Congress raised warning flags and tried to reign them in.

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:
YouTubeFreddie and Fannie
LA TimesSelf-censorship? "Saturday Night Live" pulls bailout skit
Michelle MalkinThe missing SNL bailout skit — and the Soros connection
RedStateNBC Yanks SNL Skit From Internet To Help Democrats
WikipediaHerb Sandler
Winston-Salem JournalEx-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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