Trying to avoid paying property taxes, Fred registers to become a clergyman for the Divine Profit Church. He appoints Bubba as secretary and Woody as treasurer. However, when the Bishop stops by for a visit, Fred quickly realizes he's put his business in jeopardy thanks to some fine lines in the contact he signed.

Fred wants a new stereo and tries to buy one on credit at a local electronics store. He soon discovers that they don't give credit to people over 60. This prompts him to take some action and befriends a rights group, The Gray Foxes and they begin picketing the store until they decide to change their policies.