Lyric discussion by Banana Republic 

Jackanory, possibly from the old English poem:

I'll tell you a story
about Jack-a-nory;
and now my story's begun.
I'll tell you another
'bout Jack and his brother;
and now my story is done. 

Anyhow, great song, lots of fun. The meaning is pretty self-exp, but I love the chorus and the clever rhymes.

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