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This has been debated. Some say they sing "All we owe, the old one", the "old one" referring to the Wicked Witch of the West. However, it is most likey they are singing "Oh ee oh, ee oh um", as "The Wizard of Oz" features several nonsense words in many of the songs. E. Y. Harburg, the film's lyricist, focused more on rhyming and making words fit in the rhythm rather than finding meaning in the words.

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13y ago

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