I'm trying to translate the video from Saturday Night Live and I can't catch a little phrase from 1:18 to 1:21. Would you be so kind as to tell me what they say?
The video - http://www.youtube.com/watch?v=rfB3gFrbthM
I'm going to go ahead and promote my comment to an answer because no-one else answered. The video in the question is not available in the US on YouTube, but you can find it on Hulu.
Closed captioning doesn't make it clear but I think in this context it is a repetition or variation of "Paul and Phil". It might be "Paul con Phil" where "con" is being used as a joke to make their names like "chili con carne" which is understood by Americans even though it is a Spanish phrase. It's hard to be certain, because much of SNL's skits are improvised and sometimes the joke fails because it ends up being an "inside joke". I don't think you're missing any humor of the skit if you don't know exactly what they're saying.