I thought it was "the slogans are effaced by dynamite" and "the far team on the Left, is now our team on the Right." And "smile and grin with the chains all around."
Those lyrics work for me too.
Yeah, when you’re a stoned teenager, lyrics are kinda hard to decipher.................B^)
But I had that album (stolen from me by blacks on the school bus, brand new, in 1972) and I’m a lyrics freak, so I knew the lyrics from the beginning................