Parents need to know that this song is about "finding happiness in misery," even if it means presenting a life of vanity and selfishness. There's mention of a cigarette and very minor innuendo in a few lines, but that's it. Side note: The video is a little more crass, involving the band members dressing as nuns urinating in an alley, flashing strangers, and stealing tips from a street musician.
Positive messages:Playful, sarcastic tones about selfishness and vanity: "I don't care what you think as long as it's about me" and "these friends they don't love you ... just the hotel suites."
Uh, Fall Out Boy is SOOO far from punk, it's just not even funny that someone made the mistake of labeling it as punk. I am surprised that FOB ever made such an honorable label, even by someone who doesn't know music. I don't know how I feel about FOB, but this song isn't too awful.
This song is clever with references to Nirvana ("I don't care what you think as long as it's about me") and even "Spirit in the Sky" (listen close to the guitar riff) and makes fun of celebrities' vanity. The song is considerbly tame with only two sexual references, but the music video is a different story. While absolutely hilarious, it is a little rude and more edgy than the song, but that's the whole point. As long as you can understand sarcasm, you should be fine with the song.