From the Floating Log at Frogmorton

Gil-Galad was an elven king

Generous in word and deed.

I never understood those Quenya words he spoke

But I helped him smoke his weed.

Singing

Joy to the world,

All the elves and Ents

Joy to the hobbits in the deep green grass,

Joy to Gandalf's ass.*

You know I love the elveses,

I love the songs they sing.

I love them lembas and I love them mallorns

But I mostly love my Ring.**

Joy to the world,

All the elves and ents

Joy to the hobbits in the deep green grass,

Joy to Gandalf's ass.

If I was

Lord of the Mark

Tell you what I'd do,

I'd tell Gondor and Mordor

To go away

And make me some Orc stew.

Joy to the world,

All the elves and Ents

Joy to the hobbits in the deep green grass,

Joy to Gandalf's ass.

Gil-Galad was an elven king

Generous in word and deed.

I never understood those Quenya words he spoke

But he always had some might fine weed.

Singing

Joy to the world,

All the elves and Ents

Joy to the hobbits in the deep green grass,

Joy to Gandalf's ass.

** Hey! he *did* have one, back in the very beginning of FotR (the movie), pulling his wagon!

*From Gollum's POV it would have to be:

You know we hates the elveses

We hates to hear them sing

We hates lembas and we hates mallorns

But we loves our Precious ring.