Lyric discussion by destroyalltacos 

Memphis was "home to Elvis and the ancient Greeks" because Elvis came from Memphis, Tennessee, which was named after a city in Greece. Conflating the two as though The King and ancient greek philosophers came from the same place (or even coexisted) is a brilliantly surreal move.

I thought the original Memphis was in Egypt? Well there are a lot of ways ancient Greece and Egypt were related to each other, so maybe our narrator was simply confused. He IS "a little freaked out," which somehow didn't make it into the lyrics above (great line, and evidently an understatement)

Wouldn't be surprised if this is a transcription of a version which ultimately didn't wind up on the LP. the stuff about El Paso: I don't doubt it's genuine, but on the (standard) recording it's not there.

I submitted a cleaned up version of the album version, we'll see if they get posted, but to answer comment about the "El Paso" verse, the only place I have heard it is the the live version on the DVD "Talking Heads - Chronology"

Dude - you got it. TH always explored the surreal - the dada. This is a band that wrote a song that sounds like a Joy Division song, without ever hearing Joy Division.

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