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

You got to move, there's no time left 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 on the street

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

He loves his old laughing lady 'cause her 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, a flashing of light

There's the old laughing lady, everything is all right

There's the old laughing lady, everything is all right