Lyric discussion by ebowtheletter 

pastemagazine.com/articles/2011/02/watch-the-mountain-goats-perform-on-letterman.html

If anyone thinks I mis-transcribed it, please let me know and I'll fix it. There were a few words I wasn't sure on.

I think it's "sink low, rise high" at the end there, but otherwise this sounds right to me.

An error occured.