It's a Perry Ferrell Rave of sorts.
This is a cover of a Porno For Pyro's song, Pets (as well as a short quote from the song Sadness, and Mountain Song by Jane's Addiction). In SKA FORM, by a band called Greenhouse and the Tender Ju-Ju Coins.
I first heard this song as a ten-year-old (which...how did I find such odd music when I was ten?), and I suspect it is the reason I am as enamored with keyboard and electric organ sounds as I am. Sad but true. Anyway, this song is so upbeat and weird and not like the original and honestly, I am a little bit ashamed to admit that I still really enjoy it, despite its whatever-ness.
And try as I might now, I can't dig up any information on the covering band. Google has returned nothing. This is one of those "my sister put this on a tape I stole, and many years later I ganked the CD and ripped it" songs.
mp3: Greenhouse - Pets (Porno for Pyros cover)