I ONLY translated. Not MINE. I think you can understand, but my english isn't so good.
original: http://www.nicovideo.jp/watch/sm11458189
I refered to SotetAG's skillful translations at a few spots.
At the last part, I wrote some sentences which the songwriter wrote but the singer didn't read.
NOTE
01:29 "Tony" is a nickname for the monster.
01:54 "A.K.Y." is a nickname for America.
It's an abbreviation of "Aete Kuuki Yomanai (don't read an atmosphere intentionally)."
04:08-04:12 Japan said "itai" twice. In Japanese, "be hurt" and "want to be" do the same pronunciation, "itai."