The product is a December 2014 issue of Pennypress magazine, featuring a cartoon genre with the spotlight word being "liar." The cover story is likely focused on a comedic or playful tale involving a character named Liar Liar and possibly featuring the popular children's character, Elmo. This magazine issue would appeal to readers who enjoy light-hearted and entertaining content, making it a fun and engaging read for those interested in cartoons and humorous stories.