google is your friend.
Here's what i found
http://usakonobaka.livejournal.com/42182.html
Romanized and translated lyrics
edit: one of my favorite Ievan Polkka MADs
http://www.youtube.com/watch?v=d84StEaRFeQ
Yeah, it's been up for a LOOOOOOOONG time, and there are still a good # of people on it too. You should go to the serenes chat forum before asking this question though. People are on it.
African American is more offensive to blacks from my friends at least. Most of them are not from Africa, but from America. You don't call all whites European Americans, do you?