Very similar "jokes" were circulated about the Germans and Japanese during WWI and WWII (e.g. Warner Bros. cartoons). The Nazis had their "jokes" of this nature about Jews. Jim Crow crackers had their "jokes" about blacks...
This video is VERY slick, obviously professionally produced. It could be that it really is "just a joke" -- but I very seriously doubt it. I want to find out where it was made and by whom, but I haven't been able to chase it down. All I've come up with is the following page, (which in itself suggests the zionist fanatic network -- of course).
I need help from someone who can chase tracks across the internet better than I can.