This is the version sung by the lawyers at my firm many years ago, accompanied by much liquor and cheer:

She was poor, but she was honest,
Victim of a rich man's whim,
When she met the honorable Governor, Big Jim Folsom
And she bore a child by him.

Now he sits in the legislature
Making laws for all mankind,
while she walks the streets of Cullman, Alabama
selling chunks of her behind.

Now its the rich that get the glory,
Its the poor that get the blame,
It's the same the whole world over,
It's a crying, Goddam shame!