Lyric discussion by tideall 

Cover art for Swamp lyrics by Talking Heads

Sounds like he's talking about the devil's big plan to destroy the Earth by corrupting leaders to start a nuclear exchange. He wants everyone to stay and watch the "beauties in solid motion" so he can collect their bones.

Then aliens who have been watching will realize these people dropped the bomb "one time too many" and we have no way out. So they come to take people to a new home.

My Interpretation