It would certainly seem to, yes.What did he do? I was busy trying to figure out who Geldof is. So far the "literally starving" would seem to relate to his organizing Live Aid?
Geldof's band (Boomtown Rats) had one hit, "I Don't Like Mondays." The song was about a school kid murdering her classmates. So you're getting wordplay jokes playing into all of that.
Lastly:
"Explaining a joke is like dissecting a frog. You understand it better but the frog dies in the process." - E.B. White
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