By Hu Knewknew, Far East reporter
The government of China has changed the U.S. credit rating from “prime” to “subprime”
Finance Minister Lin Mi Sum explained the change.
“The dollar is in the toilet, America’s savings rate is negative, they’re burning expensive oil as if it were yard waste, they’re shelling out billions each month for two wars they can’t afford, and more of their people are working at low paying jobs than ours are. To make matters worse they’ve shaken up the financial world with a mortgage-loan fiasco.”
President Bush was angered by the announcement. He said, “This is ridiculous. They sell us subprime toys and hazardous garments and they call us ‘subprime.’ I’ve instructed the White House chef to change the official menu. Take off ‘Peking Duck’ and replace it with ‘Puking Duck.’ That’ll teach ‘em.”
China retaliated by calling McDonald’s hamburgers “subprime beef.”
This volley produced a response from McDonald’s. “The Chinese diet is subprime. A Happy Meal with a Coke is too good for them. But we need the money.”
The war of words did not end before the head of China’s electric bureau, Zap Ping, referred to Mr. Bush as a “subprime president” and Britney Spears as “a subprime mother.”
At that point, Mike Huckabee intervened. He tap-danced across the floor, strummed his electric bass, and yelled, “Hold it! This reminds me of television with writers on strike. In Arkansas we call the evening TV shows ‘subprime time.’”
Moral: Don’t make up new words carelessly. Other people will always change their meaning.


4 Comments
Invest in European and Asian mutual funds. Our economy is going into the toilet. But there is hope, it looks like the Democrats are coming out of their Hillary for President trance, you think??
With her and Obama both winning nine delegates yesterday, I’m surprised the press is touting her “victory” so much.
Yes, she only has 1 more delegate than Obama. But you know the “corporate” press wants her to win because they figure ANY repugnican can beat her.
Kerry’s actions in Nam and his subsequent repudiation of that war are not just a puzzlement to the Gen-Xer’s but they do not know we fought there. The 60’s, 70’s and 80’s are a mystery to my grandkids. When we talked about the last century we were referring to the 1800’s. They are referring to the very latter part of the 1900’s. They know Jimmy Carter as a carpenter and not a president. They think that a Party line is a “dirty” 900 # to call or what Dubya adheres to in speeches and not what most of us in our age group knew as sharing a telephone line. In 1960 you could buy a Macdonalds burger for $.15 cents and the minium wage was One Dollar. They use that dollar today to buy an I-tune.
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