This video delivers:

• Bob Dylan in a wig and series of funny hats
• A Christmas song, written by Hal Moore and Bill Fredericks, first released in 1960, and recorded in polka-style for Dylan's 2009 album Christmas in the Heart
• A random, madcap party motif
• A guy swinging from a chandelier and breaking through a window
• Some hot accordion licks

That's worth 2 minutes and 49 seconds of your day, right?