Lyrics:

Midnight neons blur in drunken eyes
And flicker their mad, mad light
Fireworks fall like a floral arcade
It's a carnival tonight

And I'm watching the party
I'm watching the party
I'm listening to the laughing
I'm watching the party, yeah

Here's the TV game show host
He's telling some marvelous jokes
Here's the prizes someone could win
Just make the lucky wheel of fortune spin

But I'm watching the party, yeah
I'm watching the party
I'm listening to the laughing
I'm watching the party

Picture a chintzy, chintzy ballroom hall
Diamante necklaces and mirror-ball
The conductor yawns and looks at his watch
And swings his baton in time to a waltz

Me, I'm watching the party
I'm watching the party
I'm listening to the laughing
I'm watching the party