With Christmas even just four days away, Santa Clause is the latest CEO to come begging to congress for taxpayer funded bailouts.  Excerpt below, or read the entire article here:

WASHINGTON – Flanked by officials from the United Elf Toytinkerers union, SantaCorp CEO Kris Kringle today told the House Ways and Means Committee that without immediate government financial help, his firm would be forced to declare bankruptcy, lay off thousands of elves and reindeer, and potentially cancel its annual worldwide Christmas Eve toy delivery.

…A full House vote on the SantaCorp is scheduled Friday morning, where it is expected to pass by a comfortable margin. President Bush has pledged to sign any and all bailout request from Congress until the end of his term, “no queshnions ast.”