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Over the weekend, I watched a hilarious, dead-on, and surprisingly honest skit on Saturday Night Live about the craptastic bailout and its Democrat roots. The skit called out Fannie/Freddie and featured Nancy Pelosi dragging out various sob-story “victims” — who turned out to be a parade of deadbeats and schemers. I was going to post the video for you tonight, but I can’t.

The video has been pulled. Vanished into thin air. (Go here for full transcript and screenshots.)

Where did it go and why?

I have a theory.

One of the rapacious couples featured in the skit was Herbert and Marion Sandler (portrayed by Darrell Hammond and Casey Wilson). Unlike the other composite figures, the Sandlers are a real-life couple.

Also lampooned: Left-wing billionaire George Soros.

As Todd Thurman at Heritage notes, the Sandlers are left-wing moguls who built “a mortgage company whose major product was subprime mortgages and they sold it to Wachovia for $24.2 billion in 2006. And what do the Sandlers do when they are not peddling subprime garbage? They are busy writing checks to leftist groups like the Center for American Progress, the American Civil Liberties Union, and Association of Community Organizations for Reform Now (ACORN). Yes that ACORN.”

The Sandlers are seething over the skit. And George Soros must be livid as well. Anyone else smell a legal threat behind the disappearance of the vid?

Read:

Sandler, 77, spoke to The Associated Press in the San Francisco office of his family’s charitable foundation the morning after NBC’s “Saturday Night Live” broadcast a skit deriding the Sandlers as predatory lenders who had duped unsophisticated borrowers and Wachovia, too. A caption shown on during the sketch skewered the Sandlers as “people who should be shot.”

Although the timing of the interview was coincidental, Sandler was seething after watching a replay of the skit on the Internet.

“I have been listening to this crap for two years,” Sandler said. “We are being unfairly tarred. People have been telling us to speak out for some time, but we didn’t think it was appropriate. That was clearly a mistake.”

Ed Lasky recently reported on how the Sandlers — allies of left-wing billionaire George Soros — helped bring down Wachovia Bank:

Herbert and Marion Sandler, a New York lawyer and Wall Street analyst respectively, bought a small California thrift in 1963 and built it into GDW — one of the largest thrifts in the nation. The company’s business was built on adjustable rate mortgages (ARMs. These were mortgages offered at low “teaser” rates that ratcheted upward as interest rates increased. They were often sold aggressively to unsophisticated home buyers who did not comprehend the vast financial risks they were taking, or who assumed that housing prices would rise high enough to provide a profit to them when they sold their houses. They were targets for lenders peddling mortgages that should have been stamped with a skull and crossbones, for these were among the most seductive and dangerous types of mortgage.

This book of business is the core reason for Wachovia’s current difficulties

The Sandlers knew their business far better than any other person could. Not only were they the founders and major owners, they famously ran the company as a husband and wife team for all these years.

So why did they happen to cash out at precisely the right time? Did they see the handwriting on the wall, realizing the massive risks inherent in the mortgages they originated throughout one of the most overheated real estate markets in the nation’s history? They are not talking, but when smart people cash in some of their chips, it’s rarely a good time to bet against them. Nevertheless, Wachovia bet 24 billion dollars and lost big time.

The collapse was primarily caused by the GDW purchase, which became an albatross around Wachovia’s neck soon after the purchase. “Wachovia found itself in ARM’s Way” was the headline of a recent Wall Street Journal article. A huge percentage of these Wachovia ARMs were made to deep subprime borrowers with very poor credit scores. Most of these were “inherited from its ill-timed acquisition of Golden West” at the end of the housing boom in 2006.

The Sandlers have started to invest their billions of dollars politically, in the manner of George Soros, sugar daddy of many far-left wing groups and an early and prominent supporter of Presidential candidate Barack Obama. Soros has developed an empire of so-called 527 groups, putatively independent political activists groups that have influence within the Democratic Party. These 527 groups include the Center for American Progress, MoveOn.Org, Human Rights Watch, Media Matters and a slew of other like-minded groups…

Soros, Lewis, and the Sandlers form a core group of billionaire activists and Democrat partisans who have formed a group called The Democracy Alliance. They realized that they could magnify their power by working in unison and tapping other wealthy donors to further their agenda (the superb Boston Globe article “Follow the money” is a good primer on how money and 527 groups have come together to have a huge impact on politics in America).

The Democracy Alliance is a major avenue to help them achieve their goals. The roster of its growing membership consists of a list of billionaires and mere multi-millionaires who collectively hope to give upwards of 500 million dollars each year to further promote a left-wing agenda. A partial roster of the Democracy Alliance membership can be found here.

Half a billion dollars a year can purchase a great deal of influence.

The Sandlers certainly know quite a bit about leverage from their savings and loan days.

Among the beneficiaries of their largesse: Air America, ACORN (a group that has very close and long lasting ties to Barack Obama and has a long history of engaging in voter fraud. Citizens for Responsibility and Ethics in Washington (basically a private detective group focused on the private faults and foibles of Republicans), Media Matters, a media watchdog group that engages in harsh partisan attacks against media figures and articles it considers supportive of Republicans). The list goes on and on.

They are not merely out to elect Democrats, but to also permanently realign U.S. politics and shift our society and culture in a far-left wing direction…

Read much more from Ed Lasky here.

If you suspect a few high-placed phone calls to NBC led to the bailout skit slipping down the memory hole, you’re not alone.

I just e-mailed NBC and SNL asking why the video was pulled.

You can ask, too. Click here.

***

Terry Ann at The Unfocused reports that NBC.com is deleting questions about the skit from message boards.

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As for Bush’s executive privilege claims, Turley goes right for the jugular. Attorney General Michael Mukasey all but begged the president not to make him testify about Dick Cheney’s role in the Plame case and has ignored a subpoena to appear to testify about the matter before Congress — which Turley says should prompt Congress to charge him with Inherent Contempt. That’s not likely to happen, and as Jonathan points out, Democrats who voted for Mukasey are now getting what they paid for:

“…This is why, when Senators Shumer and Feinstein saved Mukasey’s confirmation, this is what they purchased. And, what Congress needs to do, the only thing they can do, is bring back Inherent Contempt and to say they’re going to start to exercise contempt on their own, that the deal is off. Attorney General Mukasey has broken a very long standing promise to be a faithful broker, to bring these cases to the grand jury – he won’t. And Congress has a right to now say we’re going back to doing this stuff ourselves.”

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“Benefits from using this system will include faster access to new pesticide uses, quicker implementation of protective measures for public health and the environment, improved compliance with label directions, and lower costs for industry and EPA,” the agency said May 12 in a statement on its pesticides website. Well, we believe the last part. The utterly absurd system will rely on users to contact either the pesticide labeling website or a toll-free telephone number to obtain the detailed-use instructions that previously were attached to pesticide containers, EPA said. So let me just get this straight – their method of protecting public health is by removing labels off toxic chemicals and asking consumers to call toll free numbers or access web site? Huh? Are they installing phones and access to the web at every retail location? What am I missing here?

According to Jay Feldman, executive director of Beyond Pesticides, “EPA knows historically from its label improvement program that it has a difficult time getting people to read labels. Instead of further removing labels from the consumer’s sight, EPA should be enhancing label information and design to ensure better disclosure of product hazards so that consumers can make better decisions regarding pesticide product purchase and use.”

This past Fall the EPA said in its presentation on electronic labeling that it “may replace the Directions for Use on the physical container,” but that the “container label would still have all FIFRA mandated elements, e.g. product name, registration number, net contents, and ingredients (I am guessing without a dictionary enclosed). ” The enforcement of the new system as described last fall involved a number of steps, including that “users would need to have a copy of the labeling from the website at the time of application” and “labeling would be good for a specified duration of time (e.g. six months) from the date of ‘printing.’” Cumbersome, inconvenient, unrealistic and clearly not serving the best interests or safety of the consumer – the EPA misses the mark yet again.

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Scarborough explained that Clinton failed to meet recent expectations and that, just as with corporate earning statements, that’s what counts.

“You don’t want this to end, do you?” Hanes asked in conclusion.

“Of course not,” Scarborough replied. “I want the Stones’ Street Fighting Man played in the background while I monitor the streets of Denver with tear gas, the ghost of Abbie Hoffman rising up over the auditorium. Yeah, baby, I want a fight — on both sides”

This video is from MSNBC’s Primary Coverage, broadcast May 6, 2008.

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