[Verse 1: Neil Young]
"There must be some way out of here"
Said the joker to the thief
"There's too much confusion
I can't get no relief
Businessmen, they drink my wine
Ploughmen dig my earth
None of them along the line
Knows what any of it is worth"

[Guitar Solo]

[Verse 2: Chrissie Hynde]
"No reason to get excited"
The thief he kindly spoke
There are many here among us
Who feel that life is but a joke
But you and I, we've been through that
And this not our fate
And let us not talk falsely now
The hour's getting late

[Guitar Solo]

[Verse 3: Neil Young, Neil & Chrissie]
All along the watchtower
Princes kept the view
While all the women came and went
Barefoot servants too
Outside in the cold distance
A wildcat did growl
Two riders were approaching
And the wind began to howl
[Guitar Solo]

[Verse 3: Neil, Chrissie]
All along the watchtower
Princes kept the view
While all the women came and went
Barefoot servants too
Businessmen, they drink my wine
Ploughmen dig my earth
None of them along the line
Know what any of it is worth, oh

[Verse 4: Neil, Both]
"No reason to get excited"
The thief, he kindly spoke
There are many here among us
Who feel that life is but a joke
You and I, we've been through that
This not our fate
So let us not talk falsely now
The hour's getting late