I learned it:

Down by the bank, hanks hanks,
where the bullfrogs skipped from bank to bank,
singing eeps, ipes, opes, aops,
chilly willy ding dang dong, I pledge alligence to the flag,
Micheal Jackson makes me gag, coca cola 7-up, now we're talking 7-up,
7-up has no caffine, now we're talking billy jean,
billy jean got laid out, that means you STINK!

(whoever's hand was clapped on stink was out)