E.Y. (Yip) Harburg explains how songwriting needs to use and elevate street language to be successful, why he likes rainbows, and what creators of art and music owe the world. He also reads from his book "Rhymes for the Irreverent". Music is played from Finian's Rainbow: "When the Idle Poor Become the Idle Rich" and "How Are Things in Glocca Morra?", original Broadway cast recording. Part 2. Music has been removed from this recording for copyright reasons.

E.Y. (Yip) Harburg and Studs Terkel read from the book "At This Point in Rhyme". E.Y. Harburg also discusses his thoughts on humanity, how to properly write a song, and the importance of light verse and humor as a basis for everything he creates. Excerpts of "Somewhere Over the Rainbow" by Judy Garland, "Brother, Can You Spare a Dime" by the Weavers, and a Broadway recording of "How Are Things in Glocca Morra" are played in the original airing but have been removed from this version for copyright reasons.