Lets start the new year like we have the rights of the host
When faced with two evils I said "Fuck it I'll take both."

Before the clock chimes 12
I have a confession to make - I need new ground to break
So let's slip this in the crack and throw the covers back
Jesus - you have no place in this back yard!
Honestly, Satan rules this party full of teens yet to be pregnant
I'm the General of Chaos and this can is the leutenant

I'm wearing make up but baby it's all yours
I'm working towards a greater cause
And in the blistering heat two become one in defeat
The Devil beckons to me and my actions he adores

Living life as a ghost
I have to make the most
So raise your bottles at 12
And lets make a toast
Heres to another year of misconduct lets cheer
They rally around from coast to coast
And what is this?
My drink is replaced with a fist
My mind is lost in the mist
When I wake I will know my mistake
But right now I dont care

This turbulant new year
Say goodbye to your fear
And say hello to the rainbow
Enjoy it while it lasts
Cause you'll all be facing your pasts!

I'm wearing make up but baby it's all yours
I'm working towards a greater cause
And in the blistering heat two become one in defeat
The Devil beckons to me and my actions he adores

The second part sucked to put it bluntly, but the first 2 lines and the rest of it was okay. I wasn't real fond of the lasts/pasts rhyme, but in a song it might not be so bad. Reading that part made it sound cliche.
But anyways, some of the second part isn't bad, but some just sounds silly to me.

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I actually liked it

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Me too

I'll offer an analysis;

Lets start the new year like we have the rights of the host
When faced with two evils I said "Fuck it I'll take both."

*Pretty obvious first line, let's start the new year like a fucking arsehole and act like we rule the joint we are celebrating at. And to set off the tone, when faced with two evils obviously take both. I'll let you figure out what we might be starting the night off with. Very obvious first lines.

Before the clock chimes 12
I have a confession to make - I need new ground to break

*Before midnight, it's my aim to be as debaucherous as possible - I wanna break in some chick basically.

So let's slip this in the crack and throw the covers back

*Pretty obvious

Jesus - you have no place in this back yard!
Honestly, Satan rules this party full of teens yet to be pregnant
I'm the General of Chaos and this can is the leutenant

*There's so much sinning in a typical backyard party filled with drugs, alcohol, etc. and think about the people being sexually deviant etc. It's as if Satan commands the place. And on this particular new years, I'm at the heart of the chaos, fueled by alcohol.

I'm wearing make up but baby it's all yours
I'm working towards a greater cause
And in the blistering heat two become one in defeat
The Devil beckons to me and my actions he adores

*First line represents the drunken foreplay/making out/hooking up whatever. But I'm obviously working towards something dirtier. When it's new years in Australia it's Summer, so the nights are always hot, in the heat we lose our morals and fuck drunkenly, something the devil appreciates.

Living life as a ghost
I have to make the most
So raise your bottles at 12
And lets make a toast
Heres to another year of misconduct lets cheer
They rally around from coast to coast

*Living with no morals beliefs or social barriers, I'm taking the most from the situation. So let's celebrate midnight.

And what is this?
My drink is replaced with a fist
My mind is lost in the mist
When I wake I will know my mistake
But right now I dont care

*A slight point in the direction of a drunken brawl. Mind is lost in the mist because I'm so out of it. Obviously when you're drunk you don't care because you're bullet proof but when I wake, [where am I going to wake?] I'll know it was a fucking mistake.

This turbulant new year
Say goodbye to your fear
And say hello to the rainbow
Enjoy it while it lasts
Cause you'll all be facing your pasts!

*On new years eve, forget about the real world and enjoy the heat of the chemically induced moment - tomorrow and the days after are a different story.

I'm wearing make up but baby it's all yours
I'm working towards a greater cause
And in the blistering heat two become one in defeat
The Devil beckons to me and my actions he adores

*Repeated as a chorus.

Does the 'second part' still seem as lame and cliche or what?

and other people offer your analysis before reading mine if you had one.

I couldn't place why I didn't like that verse, but I think it's just the rest sounds applicable to any age of "shenanigans," but that verse screamed "teen age boy on the loose." If that's the demographic you're appealling to it's fine.
Maybe because I'm farther apart in age I'm seeing it a little differently than someone in their teens or 20's would.

Appreciate all the detailed explanation. I got most, but not all, of it. Thank you.

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no problem, gramps