Lyric discussion by boxelder 

Cover art for Gardenia lyrics by Stephen Malkmus and the Jicks

The first verse is:

I kinda like the way you dot your J's With giant circles of naivety The kind of circles include everything Don't mean to damn you with the faintest praise It's just a symptom of the blithe age Walter Lippmann He would be amazed

Definitely agree that its 'Ponzi Scaminar' as well