Wall Street was in a panic early this morning when news leaked out from the People's Republic of China that the people there were dumping the United States dollar by the millions!
"We have too many dollars", stated one Hung Long. "Five trillion and going up more every day. With shortage of paper for toilet, we use George every time we take dump."
Many in the United States have warned that this could happen to the once mighty dollar and now it appears to have come true. In response to questions of two of our reporters, several Chinese residence of Bildzing, a city of over 500,000 that was built last October, several admitted that the "George" was of great quality as it "does not easily tear as typical tissue in China."
"Americans make quality toilet paper for dump. Never get brown fingers", another told them through an interpreter.
"Also 'George' can be dumped into wash water and be laundered", another stated.
Meanwhile the price of gold in the United States went from $1400 dollars (Georges) per ounce to $14,000 dollars (Georges) by noon.
There will be a special message from President Obama later today plus the Republican response as soon as a special medical team can make them relax their arms and quit pointing at each other.