Stay tuned for Sandra’s new loook:

This weekend’s show opened with a parody of Obama’s news conference with China’s president that included one-liners about the administration’s spending on economic stimulus, health care reform, bailouts, Cash for Clunkers, and the nation’s $800 billion debt to China.

The duo, who played the disaster-prone pair in four Vacation hits in the ’80s & ’90s, will star as The Griswolds again in a new commercial for HomeAway vacation rentals.

“To this day, people ask me, ‘When is the next Vacation movie?’” said Chase, who currently stars on the NBC freshman comedy Community. “So I’m sure everyone will get a kick out of seeing the Griswolds and their misadventures once again.” D’Angelo added that she is “thrilled” to be playing the Griswold family matriarch again.

In related news, a new Vacation film, which will see Clark and Ellen’s son Rusty take his own family on a road trip, is in development.

“I’m an aspiring standup and I went to the show cause I love Tracy on ‘SNL,’ ‘30 Rock,’ etc. To call it a disappointment would be THE understatement of the century…This was his joke, I kid you not, ‘I bought my wife a glass coffee table so she could shit on it and I could watch from beneath it.’ Um, is that funny? No. It was bad and kinda sad,” one of the walkouts blabbed.

The 30 Rock actor was performing as part of the New York Comedy Festival when he launched into a litany of jokes that apparently crossed the line with several audience members, including this uncomfortable bit about the First Family:

“Obama is really changing the White House, because he and Michelle will have the first presidential sex tape out,” Morgan said from the stage. “Barack probably had Michelle in the window doggy-style. ‘Yes, Mr. President, yes Mr. President.’”

Another witness told the paper: “There was a continuous flow of people getting up and leaving throughout the show.”

He gave this advice to male audience members: “You gotta stick your tongue in her fucking butthole…It’s give and take. If she gagging, you got to toss the salad.”

Morgan took on homosexuality — saying it’s “a choice.”

Of course, not all audience members were offended. Directors Spike Lee and John Singleton, and Morgan’s 30 Rock co-star Jane Krakowski gave a standing ovation.

The Colombian with the most famous hips in music celebrated the release of her new album, She Wolf, at a Rolling Stone party in New York Monday and couldn’t stop laughing after Access Hollywood played her the clip of Taylor impersonating the Latin pop tart’s signature moves for SNL’s “Bunny Business” skit.

“That’s crazy,” Shakira said. “I feel flattered. I love Taylor,” the “Hips Don’t Lie” singer added. “I think she’s awesome. She’s beautiful and a great talent and that is just really, really funny.”

The pint-sized comic — who was arrested on burglary charges after looting a friend’s suburban Atlanta home of $3,500 in cash and rare coins early Monday — was the subject of a 911 call just last month, when Williams, 38, was accused of holding a 17-year-old boy hostage in the same Georgia residence.

“I think the people I talk about are generally so stupid [that] they don’t even know I’m saying bad things about them,” Chelsea told Philadelphia Style Magazine this week. “I’ve run into Paris Hilton and she’s like, ‘Oh, I love your show.’ And I’m like, ‘You can’t love my show if you can hear,’” she added.

In a promo that began airing Tuesday, the global music sensation and SNL cast member Bill Hader poke fun at the notorious incident and controversial rap star Kanye West. Taylor announces she will be on the sketch show this weekend while Hader stands by her side on the phone. He gets off his cell and says, “Whoops, Kanye West just called. He thinks Beyoncé should host instead.”

Taylor Swift host Saturday Night Live Nov. 7.

Griffin, 48, has signed on to helm Let’s Dance, a new series which while premiere immediately after the Nov. 23 finale of Dancing With The Stars, TheWrap.com has learned. The new series will feature celebrity contestants reenacting their famous routines from past music videos, movies, and musicals on a live weekly dance-off that will run for just five episodes.

“The competition will be hot — and hilarious — as teams of celebrities pay comedic homage to famous dances while competing for a $250,000 grand prize for their favorite charity,” according to a statement from ABC Tuesday. “The show will include single dancers, duos and groups, all competing against each other to wow a panel of judges and viewers across America who will be voting each week leading up to the series finale.”

The panel of judges and celebrity participants will be announced sometime in the next few weeks.