Don't call pretty Peggy

She can't hear you no more

Don't leave no message 'round her back door

They say the old laughing lady been here before

She don't keep time

She don't count scores

You can't have a cupboard if there ain't no walls

You got to move, there's no time for you to stall

They say the old laughing lady dropped by to call

And when she leaves she leaves nothing at all

See the drunkard of the village falling off the street

Can't tell his ankles from the rest of his feet

He loves his old laughing lady

'Cause the taste is so sweet

But the laughing lady's loving

Ain't the kind he can keep

There's a fever on the freeway

Blacks out tonight

There's a slipping on the stairway

That don't feel right

There's a rumbling in the bedroom

And a flashing light

There's the old laughing lady

Everything is alright

There's the old laughing lady

Everything is alright