The Three Little Wolves and the Big Bad Pig by Eugene Trivizas
I've read this book now to several groups of varying age and it never fails to entertain. Firstly, you have the subversion of the classic wolf/pig relationship. Secondly, the whole book is a study in escalation. Our heroes begin with a brick house and work their way up the spectrum of building supplies to concrete with razor wire and a state of the art security system. Of course, the pig can't blow down such materials with his breath so he works with a sledgehammer, pneumatic drill, even dynamite. These modern materials never fail to spark laughter in kids and adults alike. It maintains and old-fashioned tone making those sly, over the top lines all the more clever. Additionally, the illustrations are a detailed delight and it teaches a lesson in kindness and redemption.