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