I think the song is rather harmless. Yes, it might qualify as propaganda (if a German band had made that clip it would have surely been called propaganda

) but if you want some really dangerous propaganda then have a look at the military channel.
They are stretching the truth sometimes beyond good and evil just to make American soldiers/gear to look like
the best in the world.
That's what is dangerous. Fueling the audience with a false feeling of absolute superiority (just watch the "Dogfights" shows for example).
Don't get me wrong, American equipment is among the best in the world but sometimes not
the best. And telling the people all the time that they are the greatest here and the greatest there by sometimes using really weird arguments for why the American stuff is better than that of the rest of the world is far more dangerous in my opinion.
*taking cover*