I have no idea what is going on here, and Valleywag has wisely placed it in the “WTF” category. If you don’t know what WTF stands for, just walk into a room after your friend has given himself a long beard made entirely out of whipped cream. That exclamation you made? That’s WTF.
Philipp points out that the song is by Laurie Berkner, and provides us with some lyrics. The song can be found on iTunes (iTunes link, anyone?). Here’s the Laurie Berkner page on Google music search (the song can be found on her Victor Vito and Laurie albums).