When you called me on the phone   I almost prayed that you'd forgive me   'Cause with everything you know   There's always something that you don't      I hadn't seen you in a while   Not since that mix-up at the rock club   I wish we coulda talked all night   But that evening took a spill   And we woke up feeling things might never be the same      Oh oh, 'cause everybody everybody everybody knows   We're the rulers of this place   We're the leaders of the new school      Yeah, everybody everybody everybody knows   We're the rulers of this place   We're the leaders of the new school   Yeah      Took the records from the den   Down to the rec room in the basement   And we did anything we want   Tore the white stripes off the wall      It didn't take me long to see    That I was just your new distraction   But when I walked you home that night   You know I kissed you anyway   And the bus route to your heart may still be on the way      Oh oh, 'cause everybody everybody everybody knows   We're the rulers of this place   We're the leaders of the new school      Yeah, everybody everybody everybody knows   We're the rulers of this place   We're the leaders of the new school   Yeah      Could've seen those nights would fade   And all the plans we made would follow   Like the pharaohs laid to rest   Or the river that runs dry      I hear you're seeing someone new   Plays guitar and writes you letters   He pretends he knows you well   But we both know that that's not true   And still some nights the stars remind me we're the same      Oh oh, 'cause everybody everybody everybody knows   We're the rulers of this place   We're the leaders of the new school      Yeah, everybody everybody everybody knows   We're the rulers of this place   We're the leaders of the new school