Has anyone of you heard about the geological believes of "young earth creationists"?

They, or at least many of them, think that the concept of "flood geology" took place. Principally that means that the earth is extremely young and the geology we see today came into existance during the great flood (you know, Noah and Co). That great flood created the different sediment layers, rocks and of course the fossils, which are animals that drowned in the flood and were burried by the sediments.

It would be interesting to know if Santa Claus believes that this Flood Geology is a correct concept. Furthermore it would be interesting to know what kind of creationism he believes in. (Young earth or old earth creationism, and if its the latter if he believes in the gap theory or the day-age theory)