Is it satire or does it go too far?

"Satire is important to our way of life, to the democratic process," says ABC Political Consultant Steve Roberts. The New Yorker says its cover is just that - satire. But Senator Obama says it goes too far, and in a time of concern and confusion regarding the candidate's race and religion - is he right? Judge for yourself. And click here to hear the interview with Grant and Amanda.

**Saving Fannie and Freddie**The talk of the day is about Fannie Mae and Freddie Mac and the government's willingness to step in to cover them. We know that they are mortgage giants, but what exactly do they do? They guarantee half the loans in the country, for starters. Grant and Amanda spoke with ABC Business Editor Charles Herman about what those companies do and why it's important to you and me to protect them. [**Click here**](http://real.ksl.com/video/slc/2/245/24519.mp3) to hear the interview.

**Flip-flops gaining popularity**Is flip-flopping a good thing? Governor Arnold Schwarzenegger told ABC's "This Week" that flip-flopping gets a bad rap. He says if a politician changes his mind on something, there's nothing wrong with that if she or she is honest. He says he's changed his mind on some matters.