Bad Pennies

Remember Herbert and Marion Sandler?

Subprime Bailout Sunday, October 05, 2008 I was just now blown away by this SNL parody of the subprime mess.  Included was acknowledgment that congressional democrats caused it, that most of the defaulted loans were held by speculators, and bums.  They even nailed Herbert and Marion Sandler, and captioned them "people who ought to be shot!" The Sandler's were followed by the owner of the Demoncratic Party, George Soros. Horry Clap!  Even what I took to be a superfluous lead-in, using a dim-witted President Bush, accurately portrayed the Left's conceit that he's an idiot, and they're not. PS ... Where was Christopher Dodd? PPS - 10-7-08: NBC Lawyers edited the skit and removed the "Herbert and Marion Sandler ought to be shot" caption. That does not mean they should not be shot, however. PPPS - May,4, 2009 - Since I posted this last October, SNL hasdeleted the Sandlers entirely, and seemingly made other edits as well.  You can imagine how they were portrayed given the "ought to be shot" caption that accompanied them, What a Brave New World we live in now, wot?

Guess who's riding to rescue of those failing newspapers “ Herb and Marion Sandler, who sold their Golden West Financial Corp. to Wachovia and nearly bankrupted the buyer with its portfolio of subprime loans, committed $10 million to Pro Publica Inc., the non-profit that promises underwritten hard-hitting investigative journalism that has a "moral force" to newspapers facing cutbacks in staff and elimination of editions. But, according to a report by Capital Research Center, the Sandlers have donated hundreds of millions of dollars to MoveOn.org, George Soros' Democracy Alliance, David Brock's Media Matters, John Podesta's Center for American Progress, the William J. Clinton Foundation, the Tides Foundation, the Institute for Public Policy, the Natural Resources Defense Council and two affiliates of the voter-fraud tainted ACORN, the Association for Community Organizations for Reform Now – and many other groups and causes with a portside tilt. Time magazine named the Sandlers in its list of "25 People to Blame for the Financial Crisis." The Sandlers company "offered several ways to back-load your loan and thereby reduce your early payments, with increasing zeal and misleading advertisements," Time reported. Then the Sandlers dealt the company to Wachovia before the subprime loan crisis hit. (Story continues ) ”