Jack announces the winner of this year's prestigious G.E. Fellowship Award... Liz Lemon! The award comes with $10,000; Jack is startled to learn that Liz doesn't have any real savings accounts. Meanwhile, Jenna accidentally stains, and then burns, Kenneth's page jacket.
Liz waits in line to get her idol's autograph. Rosemary Howard is a legendary comedy writer who wrote for "Laugh In" and other comedy shows. As Liz gets her book signed, Rose invites her out to lunch. Back at 30 Rock, Tracy tells Jack how he desecrated the national anthem at a sporting event. Jack tells him that he'll take care of any fallout, but not to get involved in dog fighting. Tracy goes back to his people and insists they get him into dog fighting now.
At lunch, Liz invites Rosemary to be a guest writer on the show as Jenna tracks down Donny, the head page, to let him know she damaged Kenneth's jacket. This gives Donny the opportunity to transfer Kenneth to CNBC.
Rosemary has her first meeting with the writers and presses them to push the envelope with subversive humor. Liz says it's impossible in this day and age. Elsewhere, Tracy's dogs arrive... two cute little puppies. Jack decides to send Tracy to therapy to figure out why he always does what he's told not to.
Liz finds Rosemary laughing it up with Jack in his office. Jack "totally gets" the type of sketches that Rosemary is pitching. As soon as Rosemary is out of Jack's office, he tells Liz to fire her. Liz defends Rosemary and says she got into the business to be subversive... not to be like Jack.
Jack sends word that both Liz and Rosemary are fired. On the stage, Jack tells Tracy that he doesn't need therapy to figure out his father issues, which instantly makes Tracy want therapy. Meanwhile, Donny tells Kenneth he can keep his job at Rockefeller Center if he wins a "page off" contest.
Rosemary takes Liz back to her neighborhood of Little Chechnya. Liz freaks out when she sees that Rosemary is living a paltry existence with next to no money saved up. Jack introduces Tracy to an NBC therapist. The therapist has Tracy pretend to talk to Jack as if he's his father. Jack's impressions of sitcom characters strike a chord with Tracy, who has a powerful breakthrough.
As the page off is about to begin, Peter comes down and sends everyone back to work and yells at Donny to give Kenneth a new jacket. Up in Jack's office, Liz gets her job back and some sage advice: never go with a hippy to a second location.