This looks to me like
The Siamese Cat Song, from the movie The Lady and the Tramp (apologies for the gross stereotypical voice of the lyrics, in advance)
All of us happen to be tyred,
We don't really care whether you like it or not.
We are Siamese* if you please.
We are Siamese if you don't please.
We're taking a gander at this place we call home,
deciding if we're going to put down roots or not.
Now we lookin' over our new domicile.
If we like we stay for maybe quite a while.
There's some aquatic creature over there
I bet we could be really quiet and asphyxiate it before anyone noticed.
Then we could split the spoils, between us.
Do you seeing that thing swimming round and round?
Yes. Maybe we can reaching in and make it drown.
If we sneaking up upon it carefully
There will be a head for you, a tail for me.
There's another noise, seemingly from something dwarvish
Do you hear what I hear?
A baby cry?
I bet if we looked, nearby, we could find it's vehicle,
where it's food is kept, and split that, too.
Where we finding baby there be milk nearby.
If we look in baby buggy there could be
Plenty milk for you and also some for me.
* The Siamese cat is that they have a mutation in their tyrosinase enzyme (TYR) that causes albinism (hence "tyred" —thank you, Khale_Kitha)