Answer:
It can be in a hat, Or out of the bag. If you see it you'll be smitten, 'Cause it's fluffy like a mitten.
What goes zub zub zub
The ones in the sea are prickly, but the ones on the street might pickpocket you.
According to the ads, this is the favorite beverage of friendly polar bears.
Slithery critters with a taste for dirt.
Almost everyone needs it, asks for it, gives it. But almost nobody takes it.