Lyric discussion by nivlem9 

It seemed to me that Pancho and Lefty were the same person. Pancho was a bandit who decided his luck wouldn't hold up much longer, so he faked is death "Nobody heard his dyin words". Apparently he changed his name to Lefty "The dust tha Pancho bit down south, ended up in Lefty's mouth." After retiring from his life of crime, Lefty decided to move north with whatever money he had left from his "banditing". "The day they laid poor Pancho low, Lefty split for Ohio Where he got the bread to go, there ain't nobody knows"

That's how I see it, although I do like the other interpretations.

Though im not sure, i always thought that this was a very strong possiblity. Lefty had been coddled as the favorite child and when he left home he lived on the edge. when he was cornered, he faked his death and became Pancho. I sucked though, bc he had to live out his days in hiding in a cold climate. Basically, all that hard living caught up with him and he is paying for it. As far as the federales, they are bitter that they never caught him.

I agree that they were the same person but I think that Lefty went from Ohio to Mexico and assumed the name of Poncho. After he built up a reputation and was looking for a way out one of his gang was killed and Lefty identified the dead guy as being Poncho and took off back towards home.

@nivlem9 Totally agree with you! Word "pancho" on Spanish mean Lefty. Song about man who decided to loose his alias "Pancho" and went to Ohio. " This verses say it all; "Pancho needs your prayers it's true But save a few for Lefty too He only did what he had to do And now he's growing"

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