Optimist vs. the Silent Alarm (When the Saints Go Marching In) Lyrics

Lyric discussion by Thermidor 

Cover art for Optimist vs. the Silent Alarm (When the Saints Go Marching In) lyrics by Casiotone for the Painfully Alone

I'm pretty sure he sings "And raise a little family on Schlitz and Mickey Mouse."

Schiltz being a semi-famous brand of cheap American beer...

Eh... Charles Schulz wrote "Peanuts"(Charlie Brown). That makes a little bit more sense in the context, don't you think?

nope. he is definitely saying "schlitz". it makes more sense in this context because schlitz is the beer that made milwaukee famous, and he's singing about wisconsin throughout the entire song.