I can understand quite a bit of this song, but not enough to do a credible transcription. It's a very funny parody of "Swinging on a Star." I've emailed George and asked him to post a definitive transcription.
George wrote another parody called "No Fiddlers Like Folk Fiddlers" that was posted in a thread. It's a parody of "No Business Like Show Business." Great work, George! -Joe-