florida ramblings

Wednesday, October 08, 2008

SNL Update

YouTube has taken down the video link in the last post.

NBC has stated that the skit failed to meet standards. The question is, whose standards? SNL has never been afraid to lampoon anyone and specifically anyone on the right of the political divide.

They used their editorial commentary skits to skewer most recently Sarah Palin and her family, even going so far as to suggest incest. So I don't understand what the problem is here unless some very powerful people, i.e. the Sandlers or George Soros, has threatened NBC with lawsuits, or even with buying them and firing them all.

Michelle Malkin is following this closely, visit her site for the latest info.

Here's the link to the edited version just posted on the NBC Saturday Night Live site. On my first viewing the differences seem minor. The most prominent is the absence of an identifying tag under the Herb and Marion Sandler characters that states “People who should be shot."

Maybe they were afraid that some of the people they took advantage of in their quest for billions of dollars would see that not as a satirical statement but a suggestion that should be followed up on.

I just located a site with the original unedited version of the skit along with an outtake of the edited portion and a video embed of the edited version from Hulu.

SNL Bailout C-Span Video Clip

Thanks to the internet, NBC can run but they can't hide. Hmmm, I wonder if someone at NBC, some free thinker, is actually helping to keep this alive as a snub to whomever is trying to shut it down in original form? Ya think?

"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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Steve Montgomery Wednesday, October 08, 2008 0 comments

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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Steve Montgomery Wednesday, October 08, 2008 0 comments

Tuesday, October 07, 2008

An open letter to Sen. Bill Nelson (D-FL),

While I am appreciative of your negative vote on H.R. 1424, I question whether your reasons were the same as mine.

The socialist shifts legislated in 1424 are an affront to our Republic and I fear that Section 110 will cause more damage to our nation and our economy than even the provisions of Section 101.

Short-term relief to mortgage holders who made poor decisions will result in undermining confidence in our nations banks and financial institutions even more so than current events have.

The underlying cause of the current financial and mortgage crisis originated in a Congress which, putting politics over the nations good, created legislation, the Community Reinvestment Act, that served to embolden activist groups to badger, sue and force institutions into making loans that were imprudent and unjustifiable.

It encouraged individuals to purchase homes far beyond their ability and means. Not unlike a Ponsi scheme, when the bubble burst, those caught in it’s midst found a hell hole where there should have been a castle.

Members of Congress, on both sides of the aisle, voted to encourage and allow Freddie and Fannie to dangerously expose their portfolios to these sub-prime notes in an effort to further expand home ownership by many who could not afford the responsibility of such.

While the individuals were certainly to blame to letting their greed and dreams overcome commonsense, and the lenders are to blame for not resisting the dangers of making such loans on the promise of increasing profitability, it is squarely on Congress where the blame must fall for creating the social engineering scheme that created this mess.

While Democrats demonize the current administration and Republicans, and there is blame to go around, the record clearly shows that this administration and certain Republican members raised a clarion call several times since 2001. It was the Democrat members who, though in minority, used procedure to kill these efforts to reign in those out of control entities.

Mr. Barney Frank was a primary contributor to killing these attempts and he should be a primary target of investigation for deliberately ignoring his fiduciary duty to the American people.

But Mr. Frank is not solely to blame. Every member of Congress who participated in this social engineering scheme is a fault and in my opinion should be turned out of Congress.

It is imperative that if this Republic, this great American experiment in democracy, is to survive, the People need representatives who truly represent the interest of the people. I fear this Congress is enamored with their own selves, with their quest for power, and have lost that vision, assuming they ever subscribed to it.

Write your Representative: How did they vote?
Write your Senators: How did they vote?

"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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Steve Montgomery Tuesday, October 07, 2008 0 comments