Star Wars fans are familiar with this, but it may be new to younger folks. We don’t know who put these pictures together, but they surfaced recently at reddit. Adding to the confusion, there is the idea that, although the events happened long, long ago in a galaxy far, far away, the Star Wars saga was a documentary. The images just took a long time to travel to Earth. E.T. was stranded on Earth 32 years ago, which means the enterprising young alien is probably a senator somewhere himself now.
The ET/Yoda question itself was posed years ago, at least as far back as 2006, but it may be much older. The crossovers were actually an agreement between George Lucas and Steven Spielberg, ya know, cross-promotion. Also note that Senator Grebleips was named for Spielberg -just read it backwards. -via Buzzfeed
I always assumed that Elliot was the Jedi.