I went to the gym during lunch today and heard the following exchange.

Scene: Gym Locker Room
Old guy 1 -In the locker room. His name is apparently Jim.
Old guy 2 -Entering the locker room after his Silver Sneakers Senior Workout

Silver Sneakers: "Jimmy, Jimmy gimme a penny"
Old Man Jim: "What?....Huh?"
Silver Sneaker: "Jimmy Jimmy gimme a penny"
Old man Jim: "...What?"
Silver Sneaker "Jimmy , Jimmy gimme a penny"
Old Man Jim: "...oh... yea... ok." (Forces a small laugh) "I can probably do that"
Silver Sneakers: "What?"
Old Man Jim: "A penny, I can probably do that."
Silver Sneakers "What?...Huh?"

This is why schoolyard rhymes need to stay in the schoolyard and this particular rhyme needs to stay in the 1930's