http://youtu.be/6QJpY2VNP0E Directed, written and performed by David Lynch.
Via Bleeding Cool, who say:
David Lynch wrote and recorded the song Crazy Clown Time, the title track to his recent album, and has now directed its music video.
I’m happier listening to this with the images than I was treating it just as audio. I strongly suspect that Lynch had these pictures in his head all along, and now that the video is made, the song is complete.
Here's the great man discussing clowns.