Things we lost to the flames
Things we'll never see again
All that we've amassed
Sits before us, shattered into ash
These are the things, the things we lost
The things we lost in the fire fire fire
These are the things, the things we lost
The things we lost in the fire fire fire
We sat and made a list
Of all the things that we have
Down the backs of table tops
Ticket stubs and your diaries
I read them all one day
When loneliness came and you were away
Oh, they told me nothing new
But I love to read the words you used
These are the things, the things we lost
The things we lost in the fire fire fire
These are the things, the things we lost
The things we lost in the fire fire fire
I was the match and you were the rock
Maybe we started this fire
We sat apart and watched
All we had burned on the pyre
You said, we were born with nothing
And we sure as hell have nothing now
You said, we were born with nothing
And we sure as hell have nothing now
These are the things, the things we lost
The things we lost in the fire fire fire
These are the things, the things we lost
The things we lost in the fire fire fire
Do you understand now, we will
Never be the same again
Do you understand now, we will
Never be the same again
The future's in our hands and we will
Never be the same again
The future's in our hands and we will
Never be the same again
These are the things, the things we lost
The things we lost in the fire fire fire
These are the things, the things we lost
The things we lost in the fire fire fire
These are the things, the things we lost
The things we lost in the fire fire fire
These are the things, the things we lost
The things we lost in the fire fire fire
Flames, they licked the walls
Tenderly they turned to dust all that I adore
It's about a couple that starts completely a new life and doesn't look back anymore. They confess to each other (like having read diary), take responsibility for what happens (maybe we started the fire) and cleanse of possessions in that they realistically look at what they have really. They don't pity any loss for they compare the current situation with birth (where you haven't anything either). Very refreshing :-)
Just the second line is defeatist, I would have phrased it "things which'll never see us again".
Else it is a funny song to me to hear on the workaday world occasions.