Here's the version sung by Rosalie Sorrels on her What Does It Mean to Love? CD

HI FI, STEREO, COLOR TV
(John Cohen, Jay Ungar)

Dum, deedle-i-dee, and a deedle-i-dee,
Deedle-i-dee, and a deedle-i-dee,
And deedle-i, deedle-i, deedle-i, deedle-i-dee,
Deedle-um, deedle-i-dee.

There is a town in this country
And none of the children there can read, with a
Hi fi, stereo, color TV; a stereo, color TV

For the printed page they had no use
They treated newspapers with abuse, with a...

Oh, the School Board was surprised indeed
To find out none of those kids could read, with a...

To make sure all of the kids would pass
They replaced the teachers in every class, with a...

But the children they soon learned to read,
And found out that they had no need, of a...

A plan was devised by those clever creatures
To record the lessons for their teachers, on a...

With a video receiver in every chair,
The children were free to roam everywhere, from the...

Now up in the hills they roam like elves
And the TV sets just watch themselves, on a...