Once I had a diamond ring but I hawked it Once had a real fine home but they locked it Used to have a good thing going but I knocked it That was a long time ago It ain't that way no more 'Cause I'm down and out Yeah, I'm down and out Once I had a brand new car now I'm thumbin' Used to smoke the best cigars now I'm bummin' I never saw a bill collector now they're dunnin' That was a long time ago It ain't that way no more 'Cause I'm down and out Yeah, I'm down and out I'm as a broke as the Ten Commandments All my friends did a quick reverse One thing about it things have got to get better 'Cause they sure can't get no worse Well the thing that I miss the most is my baby She left me, it almost a-drove me crazy I used to be a real go-getter, now I'm lazy That was a long time ago It ain't that way no more 'Cause I'm down and out Yeah, I'm down and out Down and out, baby Down and out