During 1:33-1:40 in the song help me spending my gold, what is ac reed singing? Is he saying
where Im all dressed up and I aint got no place to go
? Here is the link to the song:
Your lyric is nearly correct, he's actually saying:
Well, I'm all dressed up, ain't got no place to go
"All dressed up and [no place / nowhere] to go" is a common American idiom meaning to be ready for something that hasn't materialized.