The tune is “Sh-Boom” and the words are in German; they’re just not the right words! Perennial parodists, J.B.O. savaged the lyrics. No worries. You can follow along with the translation below.

Life is like a dream
Life is like a dream
Dü dü-dü-Düp – chi-bum
…
Life is like a dream – chi-bum
If I can eat pizza on holiday with you – chi-bum
And with you, hand in hand, on the seashore stand – chi-bum
And then in the moonlight see your beautiful eyes – chi-bum
Life is like a dream
With you, I’m going to the altar
Chi-bum – Say loud and clear, “Yes”
…
Hear bells ringing – chi-bum – a sound, a-ling-a-ling
And angels singing – chi-bum – badu-a-you-a-dip, yes

Life is like a dream – chi-bum
If you’d get drunk with me at my favorite pub – chi-bum
And afterwards get so aroused during sex are that you sing opera arias – chi-bum
Life is like a dream with you
Dü Düp-Düp-Düp-chi-bum
…
Every day and every night I’d like to be with you
And I want to tell you everything
But these lines are too damn short to make myself clear
…
Life is like a dream – chi-bum
If I ever come back and we make up after our last fight- chi-bum
And even nicer if I could finally get to you kick
All your bad habits – chi-bum
…
Life is like a dream
I’ll go to the hairdresser with you
Chi-bum – mess up the perm
…
Hear bells ringing – chi-bum – a sound, a-ling-a-ling
And angels singing – chi-bum – Hallelujah, Hallelujah
Life is like a dream
Life is like a dream with you
…
Dü Düp-Düp-Düp-chi-bum
Dü Düp-Düp-Düp-chi-bum
Dü Düp-Düp-Düp-chi-bum
Dü Düp-Düp-Düp-chi-bum
…
Yes, life is like a dream – chi-bum
We talk for hours and you
Pretend the whole time I’m not high off my ass?!
And I’ll simply try to defend myself and say “I’m a lazy stoner!” – Chi-bum
And you’ll simply say “Shut up!” … – Chi-bum
Life is like a dream
Because of you, I’m going to become a lawyer
So I can get divorced soon
…
Hear bells ringing – chi-bum – a sound, a-ling-a-ling
And angels singing – chi-bum
Blue today, tomorrow, and the day after that!
…
Life is like a dream
Life is like a dream with you
Dü Düp-Düp-Düp-chi-bum