Out of the aeroplane stepped Chamberlain with a condemned man's stare But we all cheered wildly, a photograph was taken, as he waved a piece of paper in the air Now the Disco Machine lives in Munich and we are all friends And I slip on my Italian dancing shoes as the evening descends And the bells take their toll once again in victory chime And we can thank God that we've finally got Peace in our time There's a man going round taking names no matter who you claim to be As innocent as babies, a mad dog with rabies, you're still a part of some conspiracy Meanwhile there's a light over the ocean burning brighter than the sun And a man sits alone in a bar and says "Oh God, what have we done?" And the bells take their toll once again in victory chime And we can thank God that we've finally got Peace in our time They're lighting a bonfire upon every hilltop in the land Just another tiny island invaded when he's got the whole world in his hands And the Heavyweight Champion fights in the International Propaganda Star Wars There's already one spaceman in the White House what do you want another one for? And the bells take their toll once again in victory chime And we can thank God that we've finally got Peace in our time