How about

THE EMPEROR'S NEW CLOTHES
Tune: Cat Stevens' "On the Road to Find Out"

By Bob Coltman 2005

The Emperor's new clothes were woven out of air,
The tailor told him proudly, why, they're practically not there,
The Emperor put them on, parading in the sun,
And all the people cried amazed: See what he has on!

CHO: The Emperor's new clothes, how beautiful they are--
            They shine upon him like the sun to dazzle us afar--
            All but one little boy, playing in the sun,
            Cried, Daddy! the Emperor's got no clothes on!

The TV commentators said, that's obviously not true,
Just see his royal raiment, of purple, red and blue,
But the people looked a second time, I heard somebody say,
It's true--the Emperor's as naked as a jay!   CHO

Now someone started laughing, and others joined in too,
Pointing impolitely: I see it now; do you?
Come, children, let's go home, and wash your eyes out clean,
The Emperor's disgusting! The Emperor's obscene!   CHO

Now all the people chortled: How could we sink so low?
The Emperor crept homeward, and packed his bags to go,
He gave one final speech--it made the people wince--
He fled by night (or so they say)--we haven't seen him since!   CHO