Cow and Chicken are feeling down, and visit their next door neighbor, who happens to be a famous blues musician. Through song, he tells them a wild tale.
Cow still has a security blanket (which happens to be Supercow’s cape), but Chicken objects to her still carrying around such an item at her age, which leads to it being thrown out on the way to school. While Cow is depressed, the principal (the Red Guy) decides to torment Flem and Earl.
The Red Guy works as a slave-driving boss of a factory. When he tries to celebrate his birthday, his employees do not come, so he decides to liven things up for himself.
Chicken and Earl compete against Flem and the Red Guy in a figure skating contest. Unfortunately, when Earl is left injured, Chicken tries to find another way to win.
Cow has become the most popular student in school thanks to her new glasses. Jealous of this, Chicken decides to get some as well, leading up to an attempt to destroy a new school dungeon (which was actually a new swimming pool).
Chicken’s wish for Cow to shut up comes true. When he is run over by a truck, he regrets it after being sentenced to 50 years in prison for jaywalking (although the truck driver was at fault) when Cow refuses to clear his name.
Cow and Chicken’s anarchic cousin, Sow, comes over for a visit. When she comes over to school, Cow ends up taking the blame for Sow’s misguided actions.
Cow and Chicken find a time machine, and decide to travel in time. Things go wrong when the Red Guy shows up in an attempt to change the course of history for the worse.
Grandmama takes Cow and Chicken over to a mall, where they attempt to find a Grampa. While this old-timer is blind as a bat, Chicken uses this to his advantage in order to spend time with best buddies, Flem and Earl.
Flem and Earl wake up naked and stranded in a hot ocean. They remember the great moments and dreams they’ve had together, even with help from the Red Guy.
Using a home-made rocket, Cow travels to a distant planet, where she meets up with the Red Guy, who claims to be an alien. She takes him back to Earth, where he claims that the solution to the world’s problems lies in puppets.
Chicken receives a credit card (which only has 25 cents worth of credit) inside his cereal. He and Cow are both stalked by the Red Guy over the fee they have to pay after purchasing some gum.