This song is the tenth installment of the 21st Century Breakdown story. It is written in Gloria's perspective.
There has been a riot, a demonstration of their ideals and beliefs.
Its midnight, and Gloria is lying awake while Christian is in the bathroom, trying to hide the fact that he's crying.
They both feel hopeless because they are beginning to think their efforts are wasted and there is no point in their lives. She knows they aren't finished yet, but she still feels desperate, like its their last chance, and she wants it to be worth it.