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ABBA – Cassandra Lyrics 17 years ago
Beautiful song. I accidently played it at 33 rpm and I must say, I quite liked it that way, too.

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The Beatles – I Am the Walrus Lyrics 17 years ago
I think it's nonsense and mockery about overinterpretation.
Like "I am he
As you are he
As you are me
And we are all together." - this might refer to the usual "when he says "I" he means the whole mankind" and so on.

"Elementary penguin singing Hare Khrishna
Man you should have seen them
Kicking Edgar Allen Poe."

The penguin might possibly refer to Penguin books, don't know if they are used in British schools, but we did use them in our English lessons. Well, they rather interpreted Beatles lyrics then, therefor the penguin is singing Hare Krishna. But this is just an idea.
But "kicking E. A. Poe" could really mean kicking classic lecture for pop music lyrics.

Anyway, I think it is not all words without sense.

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