Yes, it’s the smash new "hit" song about Congressman Radel:
Oh Radel, Radel, Radel, I made him out of coke,
And when he’s dry and ready, oh Radel I shall smoke.
Oh, sorry, that’s the Toronto Mayor who smokes cocaine, isn’t
it? Radel snorts it, doesn’t he? I can never keep these politicians
straight. But I guess Mayor Ford was getting so much attention, it was only a matter of time before the attention-whore politicians here started trying the same things to make the news, huh? Well, Bingo for Radel!
Here's the story the song is "based" on: