Its stoopid how its not baa baa black sheep anymore, Rainbow sheep?! There's no such freakin thing, unless we dye there fleece of course..

If you were to go past a paddock of sheep and were to say "Hey look rainbow sheep!" ppl would look at you funny, "uh dude there black, waht are you on? acid??" TRIPPA

So maybe we should just all dye our sheep in funky colours, so then the rhyme makes sense, besides they'd look kinda kewl, sorta like woolly blobs of kandi rave

Next thing you know we'll have to call black cats, rainbow cats.. " Hey man I just bought a cat today?" "What kind of cat did you get?" "Ahh just a moggy, a rainbow one" Lolz FREAK!

Anyway I reckon that baa baa rainbow sheep sounds like a rhyme about sheep of the homosexual variety..

BAA BAA RAINBOW SHEEP,
HAVE YOU ANY GAY?
YES SIR YES SIR 3 BAGS FULL!
1 4 THE DRAGQUEEN
1 4 THE DAME
AND 1 4 THE LIL GAY BOI WHO LIVES DOWN THE LANE