(instrumental intro)

Boat went down when it was torn
By a sub that failed to see
Caused the loss of human life
Who commanded this submarine?

Those who sailed when this was done
All were fat cats, long on green
Navy staff were made their slaves
On this Navy submarine

These fat cats drove the Navy submarine
Navy submarine, Navy submarine
These fat cats drove the Navy submarine
Navy submarine, Navy submarine

Bush's friends were all on board
All to joy ride; that's what for
Far from land, they got to play...
(instrumental riff)

These fat cats drove the Navy submarine
Navy submarine, Navy submarine
These fat cats drove the Navy submarine
Navy submarine, Navy submarine

(Spoken during instrumental break:)
Full speed ascent, Mr. Fat Cat; full speed ascent!
Full speed ascent, it is, Captain!
Flush the ballast, flush the ballast
Aye, sir, aye.
Captain, Captain

As the loss of life is grieved
How this happened - there was no need
Bush will rue the $EA of green
Took command of that submarine

These fat cats drove the Navy submarine
Navy submarine, Navy submarine
These fat cats drove the Navy submarine
Navy submarine, Navy submarine
These fat cats drove the Navy submarine
Navy submarine, Navy submarine
These fat cats drove the Navy submarine
Navy submarine, Navy submarine

(repeat chorus and fade)