At the DEA, Hank discusses a truck explosion that occurred on the Mexican border, which he speculates is the work of the Cartel. Before he can get to work on finding out what motivated this attack north of the border, he receives a phone call concerning Walt being arrested. Hank goes to pick up Walt, who apologizes to the arresting officer before confiding in Hank that Skyler was divorcing him and not letting him see his own children.
Saul meets Walt at his apartment, where he learns that Skyler is now privy to his illicit enterprise. Saul assures Walt that he has nothing to worry about: Skyler can't afford to tell the authorities about Walt cooking meth because she and her children would suffer from the backlash, and their house would be confiscated. Besides, push to come shove, Saul says, Walt could relocate, find a new wife, and resume his operations. Walt, however, adamantly refuses to cook any more meth, leaving Saul worried about his own bottom line. As he leaves, he calls Mike, whom he hired to help Jesse avoid a drug bust following Jane's death, to help him keep an eye on the White residence...
Back at the White residence, Marie and Hank have come over for dinner with Skyler and Junior. Junior calls Skyler out on her treatment of Walt, claiming his eyes were red from crying when he came in late to school and calling her a bitch. As Hank and Marie leave, Hank mentions his suspicion about Walt having an affair, but Marie isn't sure that's the case; she claims that Skyler would've confided in her about it if that was the case.
Meanwhile, Jesse visits Saul, who gives Jesse his share of the money from Walt's big meth sale to Gus as per Walt's instructions. He then rants about Walt refusing to cook, and asks Jesse if he can talk sense into Walt. Jesse, however, has a proposition for Saul...
At a retirement home, Casa Tranquila, the cartel-employed Cousins pay a visit to a familiar figure: their uncle, Hector "Tio" Salamanca. The Cousins take a Ouija board, and one runs his fingers over each letter, with Hector ringing his bell over each letter in the name he wants to spell out. The other writes down each letter, eventually spelling out "WALTER WHITE", a name that makes Hector ring his bell furiously.
At Beneke Fabricators, Skyler confronts Ted once more on his cooking his books. Since he is dead set on committing fraud, Skyler volunteers to help him so he isn't as conspicuous in his bookkeeping. She asks him how he would explain his illegal activities to his children were they to find out about them. Ted answers that he would explain to them that, illegal though his actions were, he had the best intentions: keeping his business aloft, and supporting his family. This answer gives Skyler pause...
As Junior visits Walt and Walt tries to explain to him that his mother had her reasons for the way she treated him; Saul meets with Mr. and Mrs. Pinkman, who are selling the house Jesse once lived in, and their lawyer. Saul explains that he has a client who is interested in buying the home. The buying price is approximately $800,000, but Saul's client has a counter offer: $400,000 in cash. Before the Pinkmans can walk out in disgust at the offer, Saul explains that they had committed a felony by excluding the existence of a meth lab on the premises in the house's disclosure statement, and that if they refused the offer, Saul could sue them and have the residence encumbered. Mr. and Mrs. Pinkman and their lawyer are left speechless and fearful they could end up going to jail.
Walt drives Junior home, and brings a pizza with him so that he could have a family dinner in his own house. Skyler, however, adamantly refuses to let him in the house, forcing Walt to leave, but not before tossing the pizza onto the roof of the house in a fit of rage, which prompts Skyler to call Walt the following morning, warning him that she would get a restraining order if he did not relent.
As the Pinkmans take the last of their belongings from the house they sold, Jesse appears. He taunts his parents with the fact that the house was now his, having bought it and rattling a set of keys for the house in front of them.
Mike, working for Saul, installs surveillance bugs throughout the White residence. He falls back when he sees Walt pull in with his belongings and break into the house through the crawl space. He watches as another car pulls in, and the Cousins step out, one brandishing an axe and infiltrating the house.
As Walt takes a shower, the Cousins sit on his bed and wait for him to emerge from the bathroom. Mike contacts Victor and tells him to relay an important message to their employer, Gus Fring. A text is sent to the Cousins, consisting only of one word: "POLLOS". This forces the Cousins to leave, with Walt being none the wiser to the attempt on his life.
This episode contains examples of:
- Asshole Victim: About a year ago, Jesse's parents selfishly kicked their own son out of a house that's not even theirs. Here, Jesse gets back at them with Saul's help by buying the house after having Saul insure that the house stays substantially below market value.
- Blackmail: During the negotiation conference over Ginny's house, Jesse's parents and their lawyer agree to make $875,000 the price for the house. Saul however demands nothing more than $400,000. They try to walk out in disgust, but Saul states that he knows about the meth lab and they failed to cover it in their disclosure statements and reminds them that this is a felony. But Saul does offer to keep quiet about this if they sell him the house for his price of $400,000.
- Bilingual Bonus: The title means "horse without a name" in Spanish, a reference to the song "Horse With No Name" by America, which Walt hears (and sings along with) on his car radio early in the episode and sings again in the shower later on.
- Book-Ends: The episode begins and ends with Walt singing "Horse With No Name".
- Contrived Coincidence: Walter decides to move back home against Skyler's wishes. He happens to be breaking in through the crawlspace at the same time Mike is bugging Walter's house. Mike slips away to his car unnoticed and while he's checking reception on his bugs he sees the Salamanca cousins show up, carrying their trademark chrome-plated axe, making their intentions clear. Walter has decided to take a shower after his crawlspace entrance, so the cousins sit on the bed to wait for him to come out. Mike calls Victor, Victor presumably talks to Gus, and Gus texts "POLLOS" to the cousins. They leave the house before Walt exits the shower, and Walter gets to live.
- The Dog Bites Back: After being kicked out of his house and disowned by his parents in season 2, Jesse blackmails them through Saul with his own meth lab in the basement (which they did not disclose existed when attempting to sell) to buy it back at less than half the price, including the $400k they just spent renovating it for said sale. And boy is it satisfying.
- Gilligan Cut: One minute Walt's ranting to the cop about his rights and brushing off his threats to pepper spray him. The next he's sitting in the back of a police car with pepper spray in his eyes.
- Ironic Echo: Saul's speech to Walt about his looming divorce is very reminiscent of Walt's address to the students after the plane crash in "No Más".
- Mundane Made Awesome: One of the extras on the Season 3 DVDs is titled "Pizza Of Destiny: Cranston's Greatest Throw" and starts with an In a World...-type trailer voice intoning the fate of one pizza to rise above mere food, slip the surly bonds of gravity and take to the air. It's about the scene where Walt throws a pizza on the roof.
- Obfuscating Stupidity: People that only know of Saul Goodman's public persona as a sleazy ambulance chaser tend to rather underestimate his competence in serious matters. Jesse's parents are just some of those people who don't know that.
- Police Brutality: Walt is a victim of this at the beginning, as the cop pepper sprays and arrests him over a broken windshield. The jerkass officer also seems unsympathetic to Walt's windshield situation, as he doesn't really take into consideration that the windshield isn't Walt's fault, it was from debris due to the Wayfarer airliner crash.
- Put on a Bus: Jesse's parents disappear from the show after this episode. Most likely, Jesse's tricking them into selling him the house for less than market value is the final straw that led to them cutting ties with him permanently.
- Title Drop: After Saul forces Jesse's parents to give up the late Ginny's house for a price where they break even and see no profits, Jesse's father Adam tells himself and his wife that "Breaking even's not so bad".