Bob tries to convince Ted and Craig to provide an alibi for him as he goes up to the snow for the weekend with his latest girlfriend. When Merle finds out, Bob has to hurriedly change his plans.
Ted goes to the Kingswood Owners Club fancy dress ball as King Felix of Krasnai. However, some revolutionaries think he is the real king and kidnap him. They hold Ted and Bruno for $1.5 million ransom.
Ted receives a letter telling him his auntie Nola has died and she has asked him to look after her twin boys. Ted is not interested until he finds out that they have plenty of money.
Bob wants Ted to invest in radar absorbing paint, designed so that speeding cars will not be detected by the police. The Japanese inventor comes round to the Bullpitt house for a BBQ.
After a futile game of Monopoly, Ted sells Bruno what he thinks is a worthless stamp album. When Craig examines the album he finds that there is a rare stamp worth $45 000. Ted wants the album back.
When Ted, Rosa and Greta go to the ballet, the Bullpitt television is stolen. To combat the crime wave, Ted decides to form a neighbourhood vigilante group, Bullpitts Raiders.
Bob persuades Ted to go into the video hire business, with Ted being Captain Video and delivering the videos on a motor cycle. What Bob doesn't tell Ted is that they are blue movies, which causes problems with the police and Sister Maria.
Bob has decided to sell his car yard so he can go into oyster farming. To impress the potential buyer, Ted and Greta fill in as the butler and maid for the dinner Bob and Merle are having.
