This is a track from The Strokes' frontman Julian Casablancas' debut album, Phrazes For The Young.
This drinking song is named after The Velvet Underground's Lower East Side hangout. Casablancas explained to Q magazine October 2009: "That song is a time travel through one New York street. It was also the first song I demoed. I recorded it to see if I was completely insane or whether I could make pleasurable music for anyone else. The song came out with an old-time saloon vibe and weird Caribbean drums and I thought, Oh I can do this."
The track contains the lyric: "Everything seems to go wrong when I stop drinkin'/ Everything seemed to go my way last night." Casablancas told The Observer October 4, 2009 that he doesn't drink at all now, but there was a time when he was physically sick if he didn't drink. Now, he says: "I'm happy. I'm like a happy person. Everything feels like it's on the right track, where in the past it felt like a random track… I kind of lost control."
The album title is a nod to Oscar Wilde's article Phrases and Philosophies for the Use of the Young, which was first published in the Oxford student magazine The Chameleon in December 1894.
Dido helped shut down a Neo-Nazi Web site after learning it was using "White Flag" to promote its hateful messages. Owners of the site had misinterpreted the track as racist and thought they represented their white supremacy views.