Santa Claus Turns to Congress for Bailout

It was only a matter of time before the collapse of the free-market hit home for everyone, including Santa Claus and his trusty employees the Elves. Santa took no chances with his top-level executives and made the trip to D.C. himself aboard his environmentaly friendly sleigh.

Santa Claus Bailout Hearings (National Lampoon)



Update: Although the House passed a bill that would help keep Santa afloat with a $25 billion bailout, chances of making it through the holiday season dimmed when the Senate denied Santa, Inc. a helping hand of taxpayer money.

Initially, the bill appeared as if it would sail through the Senate on a one horse open sleigh until the GOP found a suitable political scapegoat: The United Elves and Little Helpers Union (UELH). A few members of the Senate who, like the Winter Warlock from “Santa Clause is Coming to Town,” did not receive any presents as children, blamed Santa’s economic collapse on the unions.
The UELH refused to take wages equal to their top competitors’ workers -- pre-teen children in China.

Moreover, the Elves’ union argued they could barely live on their current wages -- given the exponential rise in the cost-of-living in the North Pole. Some union members have already been forced to live on and commute from the Island of Misfit Toys to help compensate for stagnant wages.

“The Republicans have been trying to bust us up ever since we unionized,” a spokesman for the UELH told Political Fallout in a phone interview. “Maybe they’ll think twice about messing with us when they wake up Christmas morning and find a lump of clean coal in their stockings.”