Alright, 
CAPO: 5th Fret
{but I suppose you can chose your own key depending on where you feel most 
comfy singing.  5th fret matches her own key.

Also, when I play the first A-minors of the combo, I pull off and hammer on 
the 4th string.  You can also pull off 1st string on the D, just a thought.

3 beats per measure, like a waltz, if you're interested.

ENJOY!

Am--Am--C--D--Am--Am--C--D--

Verse:
Am         Am  C             D
Never knew why he would fall victim to
Am          Am      C           D
Five dollar highs - bending his stories
  Am          Am     C          D
Inventing new lies - telling of cancers one
Am      Am   C             D
Way to avoid questions and answers and


Chorus:
C       G         F              Am
Karl is lucky hes learned how to fly
   C           G            F            Am
By keeping his knees on the ground - aye aye
    C           G       Em            Am
The most likely one to achieve such a high
    C       G        [Am--Am--C--D--(X2)]
And Karl is missing tonight

Am         Am  C           D
What can I say to his poor father
   Am          Am    C           D
He calls every day - looking for clues
          Am          Am    C          D
Theres no gingerbread trail for him to follow
    Am         Am       C         D
The candy mans come and taken his son and

C         G         F              Am
Karl, hes lucky hes learned how to fly
   C           G            F            Am
By keeping his knees on the ground - aye aye
    C           G             Em             Am
His face in the dirt, and his friends by his side
    C       G         C-------
And Karl is missing tonight

Bridge:
C(cont.)               F                 C
Maybe Im the one thats wrong - I misunderstood
               G                          Am
You just wanna die young to come back and feel good
                      F                             C
But is it worth the exchange? does it keep you from harm?
                G                         Am          C
The last time I saw you ~ you clutched my arm and you wept
       G
Like a child

[Am--Am--C--D--(X2)]

    C         G          F              Am
And Karl, hes lucky, hes learned how to fly
   C           G            F            Am
By keeping his knees on the ground - aye aye
    C              G             Em         Am
Hes learned how to leave without saying goodbye
    C       G       F
And Karl is missing tonight
    C       G           [Am--Am--C--D--(X2)]
And Karl is out of my... life. 

{from previous chord progression} D--    Am--Am--C--D--
                                   Out of my life.

End on Am

The last line is a little wonky, but I trust you all to be creative with it. ;)