The United States has taken North Korea off its highly touted Terror Tally, claiming that the insular, rude, proto-nuclear country and its fanatical leader have long been misunderstood.
This change coincidentally follows Kim Jong-il's $800 billion bid to bail out Wall Street, $100 billion more than the wildly popular Congressional bailout bid.
Under pressure from mixed nuts and pseudo-experts, including Republican VP candidate Sarah 'Loudmouth' Palin, US economic wizards entered into secret negotiations with Pyongyang bankers earlier this month.
The 24-hour all-you-can-eat buffet was provided by Sizzler.
A mysterious cloaked foreign ministry spokesman said the North would now resume its training of suicide drivers and bombers, drilling troops from around the world to speak classic anti-American insults in flawless English (e.g. 'Your mother is a poo-poo head'), and plotting to take over the world with Prada's new line of nuclear suitcases.
North Korea welcomes the US decision to scratch it from the A-list of terror states and state sponsors of terrorism.
Sarah Palin welcomes the chance to have at least one allied leader beside whom she might appear sane.