Fa-La-La-La-Ed

The episode starts with Ed and Eddy messing around in Double D's house. Once they reach they closet, Ed notices a fruitcake, which gets Ed excited about Christmas. Eddy explains how he hates Christmas. Suddenly, they hear jiggling which Ed believes to be Santa. It's not Santa but something better in Eddy's mind. They're piggy banks, because it's Piggy Bank day and that gets Eddy something to look forward to.

So at the Piggy Bank Day party, Eddy makes a pig made of metal that extracts the cash from the piggy bank. Before Eddy can make a move on this Ed shows up with Christmas presents, but Eddy forces the attention back on him. So he decides Jimmy should be his first customer, and sends it into the machine.

However, Ed is making stockings on Eddy's contraption and notices Double D's voice, so he rips the contraption apart and reveals Double D to the crowd. However, no one believes that Double D should be the one to blame, so they focus their attention on Eddy. While Kevin is about to beat him up, Rolf comes around and he, like Ed gets into the Christmas spirit. Then Rolf gives out the following gifts, a yo-yo for Johnny, a unicycle for Kevin, his shoe for Jimmy, his pants for Sarah, and his shirt for Nazz. Which leaves Rolf with only his underwear. Eventually everyone leaves and Jimmy offers Double D his piggy bank but he politely declines, but Eddy rushes in to take it. However Sarah tells Eddy to hit the road.

Then Double D explains that Christmas is about giving, good will, and peace on Earth. Suddenly Eddy came up with an idea. So the Eds pose as Christmas Carolers and singing to the kids to get some cash. This turns out to be successful and Eddy buys several Jawbreakers, but as usual, this was too good to be true for Eddy. For the moments he turns his back on them, Ed was giving them away to all the kids in the cul-de-sac. It looks like Eddy's attempt to suck on a delicious Jawbreaker failed once again.