Lyrics:

The song deals with the Americans and their obsession with War, and being dominant. Throughout the song there are very explicit references, comparing war to the pleasures of sex.
Wargasm, wargasm, one, two, three
Tie a yellow ribbon round the amputee
Masturbate, watch it on TV
Crocodile tears for the refugee

Wargasm, wargasm, one, two, three
Smutty, bloody pictures, ecstasy
Blue balls waiting impatiently
From Alcatraz to Lady Liberty

Body bags and dropping bombs
The Pentagon knows how to turn us on

Wargasm, wargasm, one, two, three
People, people, ecstasy
Wave those flags high in the air
As long as it takes place over there


Wargasm, wargasm
Wargasm, wargasm

Body bags and dropping bombs
The Pentagon knows how to turn us, turn us on

Wargasm
Turn us on
Wargasm