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The Democracy Alliance

October 7, 2008

Ironic, non?

Saturday Night Live has removed a video of a skit about the bailout…and have started deleting questions about the disappearance of the skit from the NBC messeage boards.  It would appear that SNL dared to step on some very big, rich feet…

One of the couples featured in the skit was Herbert and Marion Sandler.  Who are they?  SNL called them “people who should be shot”.  They are the couple that brought 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.   […]

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.

 

Who else did SNL egregiously decide to lampoon?  Big mistake.  George Soros.

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.    […]

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…

Yes.  Clearly a mistake.  Lorne Michaels must be looking for a Jack Bauer to protect him.  Having people that rich, that immoral and all powerful angry at you must be pretty darn frightening. 

Read it all at Michelle Malkin with update here.

Soros is the guy with the bright blue shirt…

3 Comments leave one →
  1. letterstoadyingdream permalink
    October 7, 2008 6:28 pm

    you can find it if you want someone always keeps uploading it no matter how many times it gets taken off. You can get it from Rush.

    http://www.rushlimbaugh.com/home/daily/site_100708/content/01125107.guest.html

    or here

  2. letterstoadyingdream permalink
    October 7, 2008 6:35 pm

    Oh it’s also here:

    http://letterstoadyingdream.wordpress.com/2008/10/08/snl-tells-the-truth-and-gets-yelled-at/

    (shameless plug)

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  1. The elusive SNL “Bailout” video « The Right Daily

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