Lyrics:

[Chorus]
There once was a greedy old dog with a bone
Crossing a bridge on his way home
He looked in the water below and he saw
A dog reflected there with a bone in his jaw
He tried to grab the other dog's bone and let go
Of his own bone which fell in the water below so
Don't be a greedy old dog with a bone
While you're stealing someone's sweetheart
You may lose your own

[Verse 1]
There's a guy I know who plays around the lot
With a gal who's not
As nice as the one he's got
Someday he'll find out
That he was really dumb
While he was busy stealing he was being stolen from

[Chorus]
There once was a greedy old dog with a bone
Crossing a bridge on his way home
He looked in the water below and he saw
A dog reflected there with a bone in his jaw
He tried to grab the other dog's bone and let go
Of his own bone which fell in the water below so
Don't be a greedy old dog with a bone
While you're stealing someone's sweetheart
You may lose your own

[Tag]
While you're stealing someone's sweetheart
You may lose your own