<P> `` There 's a Hole in My Bucket '' ( or `` ... in the Bucket '' ) is a children 's song , based on a dialogue between two characters , called Henry and Liza , about a leaky bucket . The song describes a deadlock situation : Henry has a leaky bucket , and Liza tells him to repair it . To fix the leaky bucket , he needs straw . To cut the straw , he needs an axe . To sharpen the axe , he needs to wet the sharpening stone . To wet the stone , he needs water . But to fetch water , he needs the bucket , which has a hole in it . </P>
who sings there 's a hole in my bucket
two characters , called Henry and Liza