The song is good punk; the words sound a bit hokey until you realize they’re not really about the October Revolution, but about the September revolt against the current socialist prime minister:
Being somewhat distant from the current situation, I won’t comment. But I have been to Hungary several times, and Budapest is one of my favorite cities to visit in the world. The food is great, the people are friendly, the wine is wonderful, and the music is sublime. Progressive rock fans should check out Solaris.