Well, sorta punk...

 Just like every character had a disco album at one time, lots had punk albums too.

Here are the tracks they cover, as written on the back:

Side One:

Let's Go - R. Ocasek

Good Girls Don't - D. Fieger

How Do I Make You - B. Feinberg

Refugee - T. Petty / M. Campbell

Frustrated - D. Fieger / B. Averre

Side Two:

Call Me - D. Harry / G. Moroder

You May Be Right - B. Joel

Crazy Little Thing Called Love - F. Mercury

My Sharona - D. Fieger / B. Averre

Yyyyyyyyeaaaaah... Lots of punks there, especially Billy Joel, Freddie Mercury and Tom Petty. :p

More info here, including the fact that it went GOLD!