July'07: Yesterday it was announced in the capitals of the U.S and Japan by the trade ministers of both countries that the crippling tarrif war over used schoolgirl panties is over.
Citing major downturns in the after school incomes of hundreds of thousands of middle and high school girls in both countries trade officials repealed all tarrifs and taxes on imported used panties.
The decision came after government officials realized purchases of high end clothing, shoes, purses, hello kitty vibrators and plastic "sweat inducing" underwear were way way down! Without the money from their dirty panty sales, local economies were in danger of collapsing from "schoolgirls" (actually overweight housewives) having no cash to buy completely useless crap from wal-mart.
It is also reported that the Yakuza (Japanese Mafia) Had begun to sell "authentic" stinky American schoolgirl drawers that were actually odorized with the spoiled cast-offs from Tokyo sushi restaurants.
Similar stories were coming out of L.A San Francisco and New York. It was immediately noticed that Japanese schools once again had that "unventilated Girls locker room" odor that was so prevalent before the tarrif war.
Perverts on both sides of the Pacific took to the streets in praise of their governments decision to once again allow the free flow of intensely smelly knickers to both countries.
After school spending was up right away and sales of brand new white cotton panties skyrocketed though purchases of feminine hygiene products fell sharply.
When the French heard of the trade war between the U.S. and Japan they immediately surrendered to no one in particular.