Lyric discussion by iamtheowl 

its about watergate, a "plumber" is someone who was employed to plug up leaks in government information. watergate was basically a load of national newspapers got hold of a shitload of top secret pentagon papers and published them [they were stolen from the WATERGATE hotel] from what i gather Nixon or his aides paid someone to tap the watergate hotel phones and steal the papers.

nixion was re-elected because of this

this site explains it far better watergate.info/chronology/brief.shtml

The live version of this song on the Rat Music for Rat People compilation begins with a spoken intro from Jello: "Remember Watergate? Watergate is legal now! President Reagan said so when he signed on the dotted line!" Therefore this song is not just about Watergate but all of the other government wiretappings throughout America's history, which were (and still are) going on ("we still play our little games"), and most of which did not receive legal action. "I hear when you're drinking and cheating on your lovely wife" might be a reference to the FBI's 1963 wiretapping and blackmail of...

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