The Precious Taters of Hobbitat is a gargantuan, cultured nation, ruled by Toeless Bob with an even hand, and notable for its barren, inhospitable landscape, complete lack of prisons, and devotion to social welfare. The hard-nosed, humorless population of 48.841 billion Hobbitots are fiercely patriotic and enjoy great social equality; they tend to view other, more capitalist countries as somewhat immoral and corrupt.

The relatively small, corrupt, socially-minded government juggles the competing demands of Education, Industry, and Healthcare. It meets to discuss matters of state in the capital city of Nutbush City. The average income tax rate is 15.9%, but much higher for the wealthy.

The frighteningly efficient Hobbitatian economy, worth an astonishing 25,188 trillion hairy toes a year, is broadly diversified and led by the Information Technology industry, with significant contributions from Book Publishing, Uranium Mining, and Beef-Based Agriculture. State-owned companies are common. Average income is a breathtaking 515,728 hairy toes, and distributed extremely evenly, with practically no difference between the richest and poorest citizens.

Students are known to arrive at school in their pyjamas, the ruling party has a devil of a time keeping order in the ranks, even secular Hobbitots are shouting "Blessed are the cheesemakers!", and graverobbers claim they're acting within the interest of 'scientific preservation'. Crime, especially youth-related, is totally unknown, thanks to a capable police force and progressive social policies in education and welfare. Hobbitat's national animal is the lemming, which teeters on the brink of extinction due to widespread deforestation.

Hobbitat is ranked 202^nd in the world and 1^st in Antarctica for Highest Disposable Incomes, with 433,727.43 Standard Monetary Units.