Don't get lippy with me

I'll admit to only watching 25 or so seconds of this. But some of you out there might be a bit braver than I was.
It reminds me of a song we used to sing as children...
"Do your ears(lips) hang low, do they wobble to and fro
Can you tie them in a knot, can you tie them in a bow
Can you throw them over you shoulder like a continental soldier
Do your ears(lips) hang low?"