2-Prong Pendant Light into Ceiling Installation

Hi, I would like to install an Ikea pendant light into my prewired ceiling (has 3 wires).
The problem I'm having is that the pendant light has a 2-prong plug (no ground). My plan is to cut off the plug, and attach the 2 wires to the 2 wires in the ceiling. But will I get in trouble with building codes because I didnt use the ground wire? If I have to use the ground wire, how would I do that?
Heres my diagram..
http://www.geocities.com/codesampler/diy/pendantinstall.gif (You may have to cut-n-paste the link if it doesnt work)
Thanks for your help! g00ber Collegeville, PA
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