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 wall.
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 on 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 his Laughing Lady's loving
Ain't the kind he can keep.

There's a fever on the freeway
Blacks out the night.
There's a slipping on the stairway
Just don't feel right.
And there's a rumbling in the bedroom
And a flashing of light.
Here's the Old Laughing Lady
Everything is all right.

Lyrics submitted by sloop, edited by JackTStripper

The Old Laughing Lady song meanings
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    General CommentThis song is about an old lady, that Neil sees (I think) and this old lady is a maternal character, if anything is bad, and the old lady is there everything will be ok. I am certain thats the meaning.
    Harry_Pyroon December 16, 2007   Link

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