Well, the search for this song has introduced me to a whole new genre of music I had never heard of before: Shag Music. Well, actually, I know some of the songs, but I'd never heard that term. It seems to be a Southern thing. It seems to be mainly a revival of certain 50s and 60s pop songs--any genre as long as you can dance to it. Here's one person's attempt at a definition by example.

Actually, the song title is "SHE CAN'T FIX GRITS" and it appears on 4 different anthologies:

"Grand Strand Gold, Volume 1" [94] - Rick Strickland
"Shag Power Anthology" [99] - Shag Time
"Everybody Dance: Swing" [99] - Shagtime
"Shagger's Delight, Vol. 5" [94] - Shagtime

Rick Strickland seems to be the author.

CDNOW has a couple of sound samples, from which I transcribed this:

She's 26-34-36,
And when it comes to love, she knows all the tricks.
She calls me honey snookums and sweetie pie.
She says she loves to stare into my big blue eyes.
Everybody says that I oughta be happy.
Still I'm unsatisfied.
My crazy little woman makes me go into fits
But I'm gonna have to leave her 'cause she can't fix grits.
Ah, well, you can have your caviar and fillet...