Lyric discussion by Psicosis1 

Cover art for Keep Your Eyes Peeled lyrics by Queens of the Stone Age

Variation of Devo's "Mr. B's Ballroom" in which a gang of delinquents drink and act idiotic while destroying everything around them in a dystopic arcade only to succumb to police control in the end. Most of this is buried in euphemisms. The promo video further validates the theme.