George Kelly is angry at the world and scared to death of dying. A career bank robber, Kelly gets his confidence from his Thompson SMG and his girl Flo. After a botched robbery, Flo, Kelly and his gang try their hand at a more lucrative job: kidnapping.

In this animated musical version of Charles Dickens' "A Christmas Carol", Ebenezer Scrooge - via Mr. Magoo's starring performance in a stage production of the classic - doesn't have a ghost of a chance unless he learns the true meaning of Christmas from the three spirits who haunt him one Christmas Eve.

Rudolph must find Happy, the baby new year, before the midnight of New Year's Eve.