Courtesy my mother, courtesy the LSU Daily Reveille: She explained that it’s an ad from some condominium developer who was recently un-invited to be an LSU sponsor due to some feather-ruffling ads the developer placed. (More details, anyone? I couldn’t find anything online.)
I cannot attest to the historical accuracy of previous ads.

UPDATE: It’s an Animal House quote. I stand corrected.
And ashamed.
2 replies on “don't know much about history…”
it’s part of an animal house quote:
http://www.youtube.com/watch?v=N2YWHBFx3Zg
Genius! Now I just feel cinematically illiterate. My apologies, nameless Baton Rouge developer.