The song "Happy Squid" by Parry Gripp tells the story of a cheerful and content squid who resides beneath the sea. The squid dreams fanciful dreams for both himself and others. It lives in a secret cave deep below the waves, enjoying its time playing in the brine and drinking peppermint tea. In another part of the world, there is Admiral Raisintoast who is determined to find the happy squid. He raises his fist to the sky and declares his intention to locate the squid someday. The lyrics express the curiosity and fascination surrounding the happy squid, as the mysterious creature captures the attention and intrigue of others. The repeated chorus of "Happy squid" emphasizes the joy and happiness associated with this unique and elusive sea creature. The lyrics also mention swearing on a barnacle, further portraying the whimsical and imaginative nature of the song. Overall, the song's meaning revolves around the idea of a happy and content squid that captivates the imagination and curiosity of those who come across its existence. It highlights the joy and wonder that can be found in the simplest of things, even in the depths of the sea.