Lyric discussion by chrisrazor 

Cover art for The Spirit of Giving lyrics by New Pornographers, The

I agree with most of what's been said above, particularly about consumerism, but I think it's specifically about Christmas. There are some obvious references like the herald angels and the song's title. "Cloud prayer Mary" and the sad "brass portrait" are religious icons - a Madonna statue and a crucifix, or something similar. The "morning din" is the sound of everyone opening presents.

"Your money or your life" seems to sum up what he thinks of Christmas, that it's a manifestation of "screaming decay".

I love the line:

I was in a band we were singing, "Hooray," quite often

Also enjoy the parentlike way he says "I'll give you something to be sad about" as if he's about to give consumerism a smack.

Is he pissed off that Christianity has been marred by what Christmas has become?

Anyhow, great song, and I love the repetition of "Cloud prayer Mary come on" at the end (I really just came here to find out what they were chanting).

My Interpretation