- Jerry gets hundreds of royalty checks, worth 12 cents each, for appearing on a Japanese TV program and gets writer's cramp. George and Jerry pitch their pilot to Japanese TV executives.
- Elaine falls hard for her new boyfriend, who gets hypnotized every time he hears the song "Desperado." Jerry has to endorse hundreds of royalty checks from Japan because of his work on the "Super Terrific Happy Hour Show." The checks are worth 12 cents each. Jerry claims that he invented the umbrella twirl and then gets ousted by the umbrella salesmen he used to work with. Elaine's new boyfriend has a thing for a furniture designer named Karl Farbman. He buys Kramer a dresser made by Farbman. Kramer's Japanese friends run out of money and wind up staying in the drawers of the dresser. When the hot tub warps the drawers (Jerry can't open them because his hands are cramped from endorsing checks) he axes the Farbman dresser. Elaine's boyfriend tries to stop him but Jerry swings and hits him in the head. While at the hospital, the doctor loses his patient when he becomes hypnotized by Elaine's favorite song, "Witchy Woman."—Jim
- Elaine dates a furniture salesman who is obsessed with the Eagles song "Desperado" as well as furniture designed by Karl Farbman. He sells Kramer a nice set of drawers. Kramer befriends some Japanese tourists and starts throwing some of their yen around. Jerry gets hundreds of royalty checks from a show called "The Super Terrific Happy Hour." George, inspired by this, gets the idea to sell the "Jerry" pilot to Japanese television.—halo1k
- Jerry is getting writers camp from the hundreds and hundred of royalty checks he's receiving from a Japanese TV show. The problem is that each check is worth only a few cents. Elaine's new boyfriend has a particular reaction to a song he hears on the radio. Kramer meanwhile befriends some visiting Japanese tourists and offers them lodging in his apartment - specifically in a large chest of drawers Elaine's boyfriend has given to him.—garykmcd
- Elaine's new boyfriend, Brett (James Patrick Stuart), is obsessed with furniture designed by a (fictional) designer named Karl Fardman, and the song "Desperado" by the Eagles; he is so obsessed with the latter that he insists Elaine be silent whenever it plays. Jerry spots an umbrella salesman using the sales technique he invented which was named "The Twirl". However, the salesman explains that it was in fact invented by Teddy Padillac, a long-time umbrella salesman who Jerry once worked with.
Meanwhile, hundreds of twelve-cent royalty checks keep arriving from Jerry's brief appearance on a Japanese television show, the "Super Terrific Happy Hour". Kramer warns George that the carpet cleaners he hired are actually a front for a religious cult. Intrigued, George tries to be converted, but they're not interested in him. This offends George and he thinks that the cult folks felt he was too dumb to be brainwashed.
Kramer meets some Japanese businessmen on vacation, and he takes them on a tour around the city. Confused about the exchange rate of Yen 30,000 (which is about $250 in American dollars), Kramer spends all of their money on expensive clothing and souvenirs, thinking it is dirt cheap for these people from Japan. Brett delivers an oversized chest of drawers to Kramer and thinks that Jerry might be jealous. Kramer thinks the TV pilot that Jerry and George did would be perfect for Japanese television. They pitch it to a couple of Japanese TV executives who are uninterested and tell Jerry and George to leave. Jerry, due to his writer's cramp from signing all the royalty checks, spills his coffee and leaves a stain on the carpet.
Elaine tries to find a song that she and Brett can share, including "Witchy Woman", also by the Eagles, but he rejects them out-of-hand; Elaine then suggests that they share "Desperado", but Brett says that it's "his" song. Having run out of money, Kramer puts his Japanese friends up at his place, sleeping in the chest of drawers (much like a capsule hotel) and has fun drinking with them in his hot tub.
Jerry, caught in the rain and needing an umbrella, runs into former co-worker and umbrella salesman, Teddy Padillac (John Bowman). Padillac, incensed that Jerry is trying to take credit for "The Twirl", demands $200 for an umbrella. Also, Padillac is angry having to deal with the "Urban Sombrero" which men are using to protect their heads in the rain & killing the market for umbrellas (sombrero was unleashed upon NYC by Elaine's catalog). Jerry, unable to come up with the money, is left standing in the pouring rain. Brett happens to drive by and converses with Jerry for a moment. He is convinced that Jerry is down on his luck since he is unable to afford an umbrella and that he would offer him a ride, but he's with Karl Fardman in a two-seated car.
George gets the cleaners to do the offices at Yankee Stadium where they find a new recruit-George's boss, Mr. Wilhelm (Richard Herd). He joins under the name of Tania, the name Patty Hearst took after she was kidnapped by the Symbionese Liberation Army; upset, George says to the head cult cleaner, "Him you brainwashed?? What's he got that I don't have?!" and the cleaner simply shrugs his shoulders.
Meanwhile George shows a copy of the pilot to Kramer's Japanese friends & they love it, so George decides to get another meeting with the Japanese TV executives. His plan is to have the Japanese tourists pitch the series to the executives. But the tourists end up having too much booze in Kramer's bathtub. Because of the humidity from the hot tub, the wooden chest warps and Kramer's guests, who, just before the meeting, along with Kramer, convinces George to come in the tub, get stuck in the drawers.
George calls Jerry to get the tourists out of the chest and bring them to the meeting. Jerry, still having writer's cramp from check signing, uses a fire ax from the hallway to smash open the chest, which scares the Japanese guests and injures Brett who is knocked unconscious when he attempts to stop Jerry from harming the chest. The scared Japanese tourists tell the Japanese TV executives about the incident, thus ruining the chances of selling the "Jerry" pilot to Japanese television.
During the coda, it is strongly implied by the sound of a heart rate monitor flat-lining that Brett dies from his earlier injury from Jerry, when the surgeon operating on him becomes distracted by the song "Witchy Woman" playing in the background in much the same way Brett would become distracted by "Desperado".
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