Due to several of Timmy's wishes causing effects on the news reports, Chet Ubetcha quits his job. Timmy's dad becomes the new(s) reporter and chaos ensues.

When Timmy discovers that his ancestor could have been rich if he made the right decision, Timmy wishes that his ancestor did make the right decision. While the Turner family basks in their riches, the whole town is a dump and Timmy's fairies get taken away (except for Sparky) because he's no longer miserable.