Your title is quite fitting for the shot-- I find that creative (and meaningful) titles can certainly add a great deal to most shots. Overall, I feel your submission meets the challenge well.
The photojournalistic composition and feel suits the subject and busy scene. However, as several commenters noted below, the lack of focus on at least something in the shot makes it difficult to find one single point of interest. If I were to make only one suggestion for improving this shot, it would be to bring some focus into the shot. A fairly shallow depth-of-field would have been appropriate as well, again as long as there were a clear element of focus within the frame.
Obviously, it would have been difficult (if not impossible!) to pose anyone for this shot. However, one perspective I would have considered would have placed the camera slightly higher, providing a better line of sight to the performers and locating the onlookers lower in the frame.
I hope these comments have been of help. If you have any further questions or are baffled by anything I have said, please PM me and I will glady elaborate.
I like the journalistic feel of this photo. I do wish that something were in focus though; I don't mind motion blur at all, but I do like it to contrast with focused things. still, nice capture and composition.
I'd say "It's Mardi Gras!" except, of course, it can't be. However, I am curious what it is.
"Loud colours" is right. This photo is very busy and seems somewhat out of focus. I see the double-display of the challenge topic but the composition is sufficiently distracting that it's not a terribly attractive photo to me.