I'm pretty sure this is just a fun, jokey punk song. In particular, the way Hiro sings lyrics like, "Ol' big bad ass circle of power's comin' to getcha!" makes me draw that conclusion. Soundgarden were trying a lot of different things during this time, getting their footing and figuring out what worked for them and what didn't. This was just their way of having some fun while in the studio.
I'm pretty sure this is just a fun, jokey punk song. In particular, the way Hiro sings lyrics like, "Ol' big bad ass circle of power's comin' to getcha!" makes me draw that conclusion. Soundgarden were trying a lot of different things during this time, getting their footing and figuring out what worked for them and what didn't. This was just their way of having some fun while in the studio.