Sunday, October 5, 2008


Saturday Night Live did a sketch on the Wall Street bailout. You can watch it here. It shocked me. If you do not want to have it spoiled, watch it before you read on.


The SNL writers told the truth. The entertainment industry typically buys the liberal line. In this case, the liberal line is, "Wall Street melted down because of greedy lenders who made predatory loans to people who could not afford to borrow." But this does not pass the smell test, since institutions do not like to make loans to those who cannot pay. Apparently at least one SNL writer smelled a rat and found the real story, which I have previously told here.

Excellent work. I did not think they had it in them.

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