From today’s Wall Street Journal’s Political Diary:
“One of the funniest and most politically searing comedy sketches in years has vanished from the Web site of NBC’s Saturday Night Live. Visitor comments asking about its disappearance are also being scrubbed from the Web site. The sketch — a harsh indictment of the housing meltdown that led to last week’s bailout bill — was clearly too much truth for someone to handle.
The seven-minute sketch featured a mock news conference of Democratic Congressional leaders on the bailout bill, during which Nancy Pelosi and Barney Frank inadvertently acknowledge that it was Congress that blocked reform and effective oversight of mortgage giants Fannie Mae and Freddie Mac.
-snip-
They were followed by actors portraying the real-life couple of Herbert and Marion Sandler. They explained how they built a mortgage company that specialized in subprime mortgages, which they sold to Wachovia Bank for $24.2 billion in 2006 — one of the worst acquisitions by any company ever. It helped precipitate the collapse of Wachovia last week.
The Sandlers were hustled off the stage by “Speaker Pelosi” after they said they couldn’t understand why they were invited to a news conference of “victims” since they had done so well out of the housing crisis.
They were followed by financier George Soros, identified as “Owner, Democratic Party.” The actor portraying Mr. Soros informs the group that the $700 billion bailout package “basically belongs to me” and that he has decided to short the U.S. dollar. That will trigger a devaluation “either Tuesday or Wednesday. I haven’t decided which yet. It will depend on how I feel.”
The brutally wicked sketch must have caused tremors in left-wing circles. The Sandlers and Mr. Soros have all been prime financial backers of independent political groups that have secured huge influence in the Democratic Party and helped fuel the rise of Barack Obama.
The Sandlers, for example, were major donors to the left-wing radio network Air America as well as the liberal housing lobby ACORN, a major player in pressuring banks into making more subprime mortgages. They also donated $2.5 million to MoveOn.org, the liberal group that insulted General David Petraeus as “General Betray Us” last year. Mr. Soros contributed a like amount. In turn, Eli Pariser, the head of MoveOn.org, was quite candid after the 2004 election about the influence this left-wing cabal hoped to exercise: “Now it’s our party: we bought it, we own it, and we are going to take it back.”
No doubt the Sandlers and Mr. Soros were displeased with the Saturday Night Live sketch. Herbert Sandler told the Associated Press that its portrayal of him as a predatory lender was “crap.” “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.”
I suspect that some of the people the Sandlers have spoken to — or complained to — are the corporate overseers of NBC. That may explain why the bailout sketch has been airbrushed from the network’s Web site and will likely never be shown again.
That’s a shame, because rarely has political satire been more timely, pointed and, in many respects, so truthful.”
Time to grab your beat-up copy of 1984, Folks.
“The people who aspired to become this new aristocracy are described as ‘bureaucrats, scientists, technicians, trade-union organisers, publicity experts, sociologists, teachers, journalists and professional politicians’, with their origins in ‘the salaried middle class and the upper grades of the working class’.”
WELCOME TO OBAMA’S BASE (supported by the backs of the black poor)
“In his quest to learn what’s really going on in his society, Winston Smith, Orwell’s protagonist, finally gets his hands on a copy of the underground classic, The Theory and Practice of Oligarchical Collectivism by Emmanuel Goldstein.
“The first chapter, Ignorance is Strength, begins with the observation that throughout history, all societies have been divided into a caste system of three groups or classes: the High, who are the rulers; the Middle, who yearn to take over the position of the High; and the Low, who are typically so suppressed that in their drudgery they have no goals beyond day-to-day survival (if they are at all able to formulate any political agenda, it is to establish a society where all people are equal).
. . .”In each variant of Socialism that appeared from about 1900 onwards the aim of establishing liberty and equality was more and more openly abandoned. The new movements which appeared in the middle years of the century…had the conscious aim of perpetuating unfreedom and inequality.” The real goal was to freeze history once the Middle had once again overthrown the High and become the new High themselves: This would be the last revolution ever; the new High would stay in power indefinitely by a conscious strategy. The people who aspired to become this new aristocracy are described as “bureaucrats, scientists, technicians, trade-union organisers, publicity experts, sociologists, teachers, journalists and professional politicians”, with their origins in “the salaried middle class and the upper grades of the working class”.”
DAILY UPDATE 10/7/08
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