Lyrics:

We're here in Washington for a special report.
Ladies and Gentlemen, the President of the United States:
*Ahh-aaahhh-aaahhhh-ahhhh*
President Regan, during your term in office, what is the main thing you've been doing?
*Putting on the Ritz*
Speaking of putting on the Ritz, how would you describe Nancy's clothes buying?
*She's a maniac, maniac*
Mr. President, what do you feel would best help our nation's economy?
*Hot girl's in love*
One last question.
How would you sum up the present world situation?
*We've got the bad guys on the run*
With me now is Dr. Henry Kissenger.
Dr. Kissenger, have you any statement regarding Central America?
*Gunter glieben glauchen globen*
Just arriving is Speaker of the House, Tip O'Neill.
Tip, have you any response to Dr. Kissenger?
*Oh baby, just you shut your mouth*
[ phone rings ]
We have a long distance phone call from Momar Khadafi.
Colonel Khadafi, what have you been doing in the Middle East?
*The safety dance, the safety dance*
President Regan, have you any reply to Colonel Khadafi?
*Every step you take, I'll be watching you*
Look! There's former president Richard Nixon.
Mr. Nixon, have you any message for the American people?
*Oh-ho, whamalamabamalama rock'n'roll is king*
Also here is former president Jimmy Carter.
I believe Mr. Carter has something important to say:
*La la la la la la la la la la la*
With me again is President Regan. Mister President, have you any final statement?
*This is the end
This is the end
This is the end
This is the end*