THE WHITE STAR LINER SANK IN THE DOCKS

This is... well, I have no fucking idea what this is.

Near as I can tell, it was intended to be part of the "songs of celebrities" series, like Thomas Pynchon, Gedde Watanabe, and Russ Tamblyn. But the wheels came off before the first ellipsis:

"The thin-lipped spawn of Suzy Amis and Jim Cameron
Was sipping a Corona down by Venice Beach..."