This is one of the more entertaining hoaxes to come down recently.
First, on Thursday, an experimental helium balloon takes off:
http://www.youtube.com/watch?v=kP_Cjx2sFzMOops, they forgot to tether it! It was supposed to stop at about 20 feet high, but instead floats off and begins drifting at high speed.
Then their son Bradford tells them that little 6 year-old Falcon was actually playing in the box at the bottom of the balloon! They search around the house, but can't find him anywhere. The Balloon Boy saga begins. Live news coverage shows the flying saucer as it speeds across the Colorado sky.
The balloon eventually lands in a field, and no boy is inside. He is later found in a box in the attic, where he had been hiding the whole time.
http://www.youtube.com/watch?v=R6QRC4HqdzsThe family talks to the cameras outside their home, the Balloon Boy safe and sound. Let everyone enjoy the miracle.
http://www.youtube.com/watch?v=V5q3tjZAwFQThe family enjoys its celebrity tour, and faces the guileless questioning of Wolf Blitzer doing Larry King Live. Wolf innocently asks for clarification of an apparent inconsistency: why the boy didn't come out of hiding after hearing his name repeatedly called. The boy's answer is the real, priceless "oops" moment that brings everything down.
http://www.youtube.com/watch?v=wI6UONWCq7ALater, after Wolf has time to process what's going on, he comes back with his follow-up, which daddy limply tries to explain. His defeat is evident, and when he can't come up with anything, he goes on the attack.
http://www.youtube.com/watch?v=Mm8kVXDzTEYIt's worth noting that the parents had met in a Hollywood acting school. They put on a good show, but the lying ability of a 6 year-old failed them. I imagine they blame everything on Falcon for his slip of the tongue. However, they should consider the way they cued him. Because daddy was relaying Wolf's questions, he had the ability to rephrase and inflect them in a way that gets the desired answer. But when daddy asks straightforwardly "Why didn't you come out?", with the tone of an honest parent-to-child question, he is cuing an honest answer. "I was scared I would get in trouble" would have been the easy out, but the child, lacking an overall understanding of the lie, cannot check his instinctive honesty.
By the weekend, they had fallen to "Put your questions in this box."
http://www.youtube.com/watch?v=jjivOVXHVso