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"The Three Caballeros" is a song from the 1944 film of the same name.
This song was included on the VHS tapes, Disney Sing Along Songs: Heigh-Ho and in Disney Sing Along Songs: Collection of All Time Favorites: The Early Years.
Outside of the film, the song was featured in the EPCOT attraction Gran Fiesta Tour Starring The Three Caballeros, featuring some little changes. Donald, Jose, and Panchito also sang it again in Don Rosa's comic story The Three Caballeros Ride Again.
The rhythm and the final lines are based off Ay Jalisco No Te Rajes, a Mexican folk song.
Panchito: We're three caballeros
Three gay caballeros
They say we are birds of a feather
We're happy amigos
No matter where he goes
The one, two, and three goes
We're always together
We're three happy chappies
With snappy serapes
You'll find us beneath our sombreros
We're brave and we'll stay so
We're bright as a peso
Donald: Who says so?
José and Panchito: We say so!
The three caballeros
Panchito: We have the stars to guide us
Guitars here beside us
To play as we go
We sing and we samba
We shout: "¡Ay caramba!
José: What means: "¿Ay caramba?
Panchito: Oh yes, I don't know
Panchito: Through fair and stormy weather
We stand close together
Like books on a shelf
As pals though we may be
When some Latin baby
Says yes, no, or maybe
José and Panchito: Each man is for himself!
¡Jalisco no te rajes!
Me sale del alma
Gritar con color
Abrir todo el pecho
Pa' echar este grito
¡Qué lindo es Jalisco!
Palabra de honor
- The word "gay" was censored in later versions of the song, due to the modern popular meaning of the word. However, it is not censored in the Gran Fiesta Tour attraction.