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