The Obama Downgrade

  • Aired:  08/10/11
  •  | Views: 132,258

Larry Wilmore believes that if Barack Obama's going to be labeled black, then he should own it, and by "own it," he means "rent it." (4:45)

WE WERE TALKING THIS WEEK ABOUT

OUR NATION'S CREDIT RATING.

IT WAS DOWNGRADED.

IT LED MANY PEOPLE TO POINT THE

BLAME IN ONE PARTICULAR

DIRECTION.

>> THE U.S. DEBT WAS DOWNGRADED

ON PRESIDENT OBAMA'S WATCH.

>> FIRST DOWNGRADE IN U.S.

HISTORY.

>> THIS IS THE OBAMA DOWNGRADE.

HISTORY IS GOING TO REMEMBER

THIS AS THE OBAMA DOWNGRADE.

>> DON'T YOU THINK HISTORY WILL

BE A LITTLE MORE CONCERNED WITH

OBAMA'S 2013 INVASION OF MEXICO

WHEN HE SEES HIS POWER AND

MILITARILY... FOR MORE WE TURN

TO OUR SENIOR BLACK

CORRESPONDENT LARRY WILMORE.

LARRY, NICE TO SEE YOU.

[CHEERING AND APPLAUSE]

THE OBAMA DOWNGRADE, AMERICA'S

CREDIT RATING NOW TIED

INEXORABLY TO THE PRESIDENT OF

THE UNITED STATES, BARACK OBAMA.

WHAT DO YOU MAKE OF ALL THIS?

>> JON, JON, I'M SO

DISAPPOINTED.

AMERICA FINALLY GETS OUR FIRST

BLACK PRESIDENT AND OUR CREDIT

GOES BAD.

[LAUGHTER AND APPLAUSE]

>> Jon: ARE YOU... ARE YOU

SUGGESTING THAT RACISM IS THE

CAUSE OF OUR CREDIT DOWNGRADE

BECAUSE THAT...

>> NEW YORK JON.

I'M SAYING THAT AS A BLACK MAN

IT'S THE ONE THING I DIDN'T WANT

TO SEE LINE UP.

YOU KNOW, LIKE WHEN YOU SEE A

MURDER REPORTED ON THE NEWS,

YOU'RE LIKE, PLEASE DON'T LET IT

BE BLACK GUY.

[LAUGHTER]

OH, A WHITE GUY KILLED THAT OLD

LADY, YES!

[APPLAUSE]

>> Jon: LARRY, I APPRECIATE

THIS SENTIMENT, BUT YOU

SHOULDN'T BE CELEBRATING AN OLD

LADY'S...

>> I'M NOT FINISHED.

LET ME FINISH.

♪ WE DIDN'T SHOOT THAT LADY ♪♪

>> VERY NICE, VERY NICE.

>> LOOK, YOU KNOW HOW

REPUBLICANS HAVE BEEN LOOKING

FOR THE PERFECT BLACK STEREOTYPE

TO BRING DOWN OBAMA'S PRESIDENCY

FOR A WHILE.

THEY KEEP POINTING OUT HOW MUCH

HE LIKES BASKETBALL.

YEAH, YOU KNOW, THEY CALLED HIS

50th BIRTHDAY A HIP-HOP

BARBECUE.

WHAT IS THIS?

AND NOW CREDIT PROBLEMS?

I WAS ALWAYS AFRAID THAT 3:00

A.M. PHONE CALL WAS JUST FROM

THE COLLECTION AGENCY.

>> Jon: SO YOU'RE SAYING THAT

BARACK OBAMA NEEDS TO GET AHEAD

OF THE STEREOTYPES THEN TO FIGHT

IT?

>> NO,, NO JON, IT'S TOO LATE.

WE'RE IN THE RED.

NOW IT'S TIME TO GO BLACKER.

OH, YES, NO, JON, UH-UH.

WE KNOW WHAT WE GOT DO DO.

ALL RIGHT.

YOU THINK HE LOOKS LIKE A CORNY

WHITE GUY WITH HIS MOM JEAN,

AMERICA?

HOW YOU LIKE HIM NOW WITH THE

CRACK OF HIS ASS?

HEY, IF HE'S GOING TO BE LABELED

BLACK, THEN HE SHOULD OWN IT,

AND WHEN I SAY OWN IT, I MEAN

RENT IT.

[LAUGHTER]

>> Jon: WHEN YOU SAY "RENT

IT," WHAT DO YOU MEAN?

>> I MEAN RENT TO OWN IT, JON.

LOOK, IF THERE'S ONE THING BLACK

PEOPLE RELATE TO, IT'S CREDIT

PROBLEMS.

BROTHER'S GOT A LOT OF TRICKS

FOR DEALING WITH DEBT.

NUMBER ONE, DON'T PAY ON YOUR

FIRST NOTICE.

CHINA'S NOT GOING TO COME AFTER

YOU UNTIL TENTH ONE ANYWAY.

WE GOT PLENTY OF TIME.

>> Jon: SO LARRY, EVENTUALLY

CHINA WILL SHOW UP AND DEMAND

THEIR MONEY.

>> JON, THAT'S WHEN THE KIDS

COME IN.

SEND MALIA TO THE DOOR.

HAVE HER SAY HER DADDY'S NOT

HOME AND LOOK SAD.

>> Jon: SHE IS ADORABLE.

I WILL SAY THAT.

>> EXACTLY, JON.

WE SHOULD USE THAT.

BUT IF IT DOESN'T WORK, YOU CAN

ALWAYS OPEN UP A LINE OF CREDIT

UNDER DIFFERENT NAMES.

>> Jon: YES, YES, YOU'RE

SUGGESTING THE UNITED STATES OF

AMERICA STEAL SOMEONE'S

IDENTITY.

THAT'S...

>> JON, CANADA IS OUR NEIGHBOR,

I WOULD NEVER SUGGEST STEALING

THEIR IDENTITY.

I'M JUST SAYING, IF WE HAPPEN TO

BE DIGGING THROUGH THEIR TRASH,

STUMBLE UPON SOME PERTINENT

SOCIAL SECURITY INFORMATION THAT

MIGHT HELP US COVER SOME

ENTITLEMENTS, JUST TO GET US

OVER THE HUMP FOR A FEW YEARS,

WOULD THAT BE SO BAD?

THEY'RE KNOWN FOR THEIR

KINDNESS.

I'M SURE THEY'D UNDERSTAND AFTER

THE FACT.

>> Jon: LOOK, I DON'T THINK

THAT CANADA WOULD NECESSARILY BE

COOL WITH FOOTING OUR MEDICARE

BILL.

I DON'T.

>> THAT SOUNDS LIKE SOMETHING A

SNITCH WOULD SAY.

[LAUGHTER]

>> Jon: NO.

>> ARE YOU SERIOUS, JON?

ARE YOU SERIOUS?

>> Jon: I AM TOTALLY NOT A

SNITCH.

I'M JUST SAYING, YOU SEEM BLASE

ABOUT DEFRAUDING OUR ALLIES.

>> WHATEVER, JON, I'M JUST

OFFERING SUGGESTIONS.

I'M NOT THE ONE WHO IS SPEAKING

OUT JUST BECAUSE WE OWE SOME

PEOPLE SOME MONEY.

[DOORBELL RINGS]

[LAUGHTER]

PARAGRAPH CREDITORS.

TURN OFF THE LIGHT!

AMERICA'S NOT HERE.

JON, IF YOU SNITCH, I WILL CUT

YOU.

>> Jon: WHAT!

I'M NOT A SNITCH.

LARRY

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