This song is only available on the 2010 redesigned edition of "Bona Drag" which doesn't include lyrics. They are transcribed here without permission, as they are heard.

May this lovely letter
reach its destination
if only

Question one is why do you
pretend that you like me?
Oh Phoney

See how the outside
contradicts what's inside

Who can make Hitler
seem like a bus conductor?
You do, oh Phoney
you do

You sing a lovely song to a scale
and the words spell out my name
Oh Phoney

But then you kick me down below
cause you know it won't show
how could you?

See how the outside
contradicts what's inside

Who can make Hitler
seem like a bus conductor?
you do, oh Phoney
oh Phoney you do
you do, oh Phoney
oh Phoney you do
you do, oh Phoney
oh Phoney you do