Jerry is woken up early in the morning at his parents’ house and gives his father the Wizard, which apparently Jerry got from a deal at only $50. Morty is only impressed by it being a “tip calculator”, although Jerry claims it does other things. Later he discovers that Kramer has moved to Florida, to join the other retirees. Elaine laughs when Susan’s parents ask her about George’s house in the Hamptons, revealing the lies. Morty, who can’t run for president of the condo association because he was impeached from their previous condo, decides that Kramer should be elected condo board president of Del Boca Vista phase III, so Morty will run things from behind the scenes, like a “puppet regime”. Elaine schemes to try to determine her boyfriend’s race. As George finds out the Rosses knew that he lied, and they allowed him to continue lying, he keeps building on his lie and picks up the Rosses to take them to the Hamptons, to “see who’ll blink first”.

Kramer begins his campaign and the Boca Breeze has good things to say about him. When Elaine’s boyfriend says they are an interracial couple, she is convinced he is black. Kramer receives some bad press from the Boca Breeze; it’s damage control time. Kramer suggests buying each member of the board one of those Wizard “tip calculators”. Jerry knows he can’t get the deal he told his father he’d received, but Kramer says not to worry, Bob Sacamano’s father lives down there and can help them out. Elaine discovers her boyfriend is not black, and that he referred to them as an interracial couple because he thought she was Hispanic. Sacamano’s father comes through with knock-off “tip calculators” called “the Willard”, which are defective, costing Morty and Kramer the election. George and the Rosses reach the Hamptons, where he blinks first and the truth is revealed. The Rosses confirm that they dislike George, and blame him for Susan’s death.

The next evening, Jerry tells his neighbor that he thinks he misunderstood the situation with Laura. Jerry then receives a telephone call from Laura, who asks if she can stay overnight at his apartment. Jerry invites her, but is still unsure whether or not her visit is intended to be romantic. George and Jerry continue to debate the issue, with Jerry determined to find the true nature of her visit.

At the airport, George and Jerry continue to try to identify the possible signals Laura might give upon her arrival, with George explaining the meaning of various greetings. However, when Laura arrives, her greeting offers no hints. Jerry and Laura arrive at the apartment. Laura then removes some excess clothing to get comfortable, asks for wine, turns down the light and asks if she can stay over a second night. As Jerry begins to grow confident, the phone rings for Laura. When Laura gets off the phone she tells Jerry: “Never get engaged.”

Jerry and George mock the sounds that Jerry’s girlfriend Claire’s stomach makes during the night chiefly by saying “helloooo” in a loud, booming voice. Jerry envisions the belly button as the mouth and the sound the stomach makes its voice. Because of the “bump-into,” Jerry tells Elaine that she is destined to backslide into her relationship with David Puddy. She bets him $50 that she won’t. The next day Jerry discovers that Elaine didn’t go home last night. He accuses her of seeing Puddy. She says the sex they had was an isolated incident. Jerry agrees, but since the dinner they also had was more of a commitment, he demands that she pay up.

Kramer is tired of seeing all his ideas implemented before he has a chance to implement them himself. He contends that all the little day to day incidental things keep getting in his way and prevent him from realizing his ideas. He gets an intern from New York University, Darin, to help him out with Kramerica Industries, the corporation he had previously set up to develop some of his ideas. With this help he’ll be freed from those day to day activities and be able to develop his ideas, such as the oil tanker bladder.

Kramer is arrested when he is mistaken for “The Smog Strangler,” a serial killer roaming the streets of Los Angeles. Jerry and George contact the police to vouch for their friend. Two policemen in a police cruiser come to pick them up and take them back to the station. On their way, the officers see a man trying to break into a car. They arrest him and put him in the back with Jerry and George.

Kramer is taken to the police station and is interrogated by the lieutenant. He has a nervous breakdown in the interrogation room and is reduced to hysterical sobbing, making it seem like he did the stranglings. While he is being questioned, the lieutenant receives a phone call stating that the Smog Strangler has killed another victim, and so Kramer is allowed to leave. After Kramer is exonerated, Jerry and George decide to return to New York, and Kramer eventually follows them.

George is concerned when his girlfriend doesn’t return his calls. He begins leaving angry, almost hostile messages on her machine. Later, he discovers that she was out of town at the time and unable to check her messages. Before she can hear the messages and break up with George, he and Jerry create a plan to get into her apartment and switch the tape.