Jade, thanks for sharing you & your friends' version of Down by the Banks of the Hanky Panky.

And thanks for including demographical information {where you live and the age/year you were when you first learned this}.

As to your version of that rhyme not making any sense, who says children's rhymes have to make any sense? Alot of stuff grownups write and say doesn't make any sense, so why should children be any different?

:o)