James Pants - A Chip in the Hand lyrics

[Verse 1] Me and You, You and me, at least I know that's the way it's gonna be. You always said you were never free. And I know now, The I.D. chip is in your hand! A Year ago, a brighter day, you made a promise that you're never gonna stay, You sold your soul for some things they made. And I know now, The I.D. Chip is in your hand! The second verse is totally unintelligible. If you James see this, maybe you can help me out lol.