Lyric discussion by taylor720 

Actually, the song is written for Tom Marshall, childhood friend of Trey's and longtime phish lyricist. It is a description of the tradition that the two of them have had since they were 8 and 9. On the other guy's birthday, they either call, write down, or sing in person a new birthday song each year. The only rule is that the SONG begins, "Happy, happy, oh my friend". Hence the lyrics, the writer/singer decides what it contains, how long, etc. Song was written because the two had a small falling out following the apparent demise of phish in 2004

Actually, Tom Marshall sent the lyrics to Trey while he was serving his sentence on the 2005 drug possession charges (and also in rehab).

From the Rolling Stone article on the band's return from retirement in Hampton back in April:

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rollingstone.com/news/story/26841624/phish_reunite_hippie_nation/2

rollingstone.com/news/story/26841624/phish_reunite_hippie_nation/2

I also think it's a song about why friends stay together for years, through good and bad. Tom is celebrating Trey getting another year ("Happy, happy, oh my friend") which is something I've been doing for some years now. I always tell friends and family that I'm happy God gave them another year (instead of the usual "and many more" sentiment which is about the future....though that's in there too).

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