Yellow Submarine

What's yellow and can't swim but screams when it goes under?

A school bus full of kids.

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Explain Bear

Alright listen up, you bozo. The joke is that a school bus is yellow and can't swim, but the punchline is that it's full of kids who would scream if it sank. Get it? You probably don't, because you look like you smell like mayonnaise.

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