Lend Me Your Love: Difference between revisions

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-Memphis Slim’s [[Lend Me Your Love]] is, like Billy Idol’s [[Rebel Yell]] a fine example of a lyric that correctly, if metaphorically, employes technical legal terminology.  Memphis seems to be in the business of [[Borrow|borrowing]] and [[rehypothecating]], or possibly [[Short selling|short-selling]], love. He sings:
+{{a|popsong|{{image|Memphis slim|jpg|Mr. Slim, yesterday}}<br>{{popsong|Lend Me Your Love|Memphis Slim|3222785}}}}Memphis Slim’s [[Lend Me Your Love]] is, like Billy Idol’s [[Rebel Yell]] a fine example of a lyric that correctly, if metaphorically, employes technical legal terminology.  Mr. Slim was evidently often in the business of [[Borrow|borrowing]], [[rehypothecating]] and possibly [[Short selling|short-selling]], his affection. He sings:
 :''Now [[lend]] me your love, little girl, please [[lend]] me your love <br>
 :''Lend me your love, baby, please lend me your love <br>
-:''I know you hear me keep moanin', moanin' just like Noah's dove <br>
+:''I know you hear me keep moanin’, moanin’ just like Noah’s dove<ref>A bird released by Noah after the flood in order to find land; it eventually came back carrying a freshly plucked olive leaf (Gen 8, 11). It seems to have been a rather patient dove: stoic, even. There is no mention of it “moaning” or registering any particular complaint, though it did bugger off at the first opportunity it got.</ref><br>
 :''You got a [[mortgage]] on my love, girl, there really is no doubt <br>
 :''You got a [[mortgage]] on my love, girl, there really is no doggone doubt<br>
 :''But someday I be lucky enough to find another woman, <br>
 :''Gonna buy your [[love mortgage]] out<br>
+We quite like how fastidious Mr Slim is in extending the [[metaphor]], even when it has apparently run out of road, talking in terms of ''refinancing'' a love mortgage with another, er “lender”. We wonder, vaguely, whether one is able to repay a maturing love loan [[Payment in kind|in kind]]?
-The [[transaction]] seems to be this:
+===Transaction analysis===
+The transaction seems to be this:
 *Baby agrees to lend a quantity (unspecified) of love to Memphis Slim.
-*As [[collateral]] [[security]] for his obligation to return that love, Memphis grants Baby a [[mortgage]] over his own love, which for the time being, he is holding on his own balance sheet. This suggests he is intending to take the Baby's love and used it elsewhere. Seeing as he has at least an equivalent amount of his own love which he is holding subject to a fixed charge, we can only surmise that Baby’s love and Memphis Slim’s love cannot be [[fungible]] otherwise this would be a transaction without any economic substance. Whcih would get Memphis Slim’s tax lawyers in a lather.
+*As [[collateral]] [[security]] for his obligation to return her love, Mr. Slim grants Ms. Baby a [[mortgage]] over his own love, which for the time being, he is holding on his own balance sheet.
+*We surmise that Mr Slim is intending to take Baby’s love and [[reuse]] it (or “[[rehypothecate]]” it, as our American friends might say) elsewhere.
-{{seealso}}
+*Seeing as he has at least an [[equivalent]] amount of his own love which he is holding subject to a [[fixed charge]], we deduce that Baby’s love and Memphis Slim’s love cannot be [[fungible]] (otherwise this would be a transaction without any economic substance. Which would get Memphis Slim’s [[tax attorney]]s in a lather.)
+*While their respective loves might not be [[fungible]], Mr Slim contemplates buying out his obligations under the [[love mortgage]], perhaps with love received from this other woman, raising the prospect that the love of one woman might (in Mr Slim’s [[Legal opinion|opinion]], at any rate) be freely exchangeable, strongly [[correlated]]  [[mark-to-market]] values, if not outright [[fungible]] with the love of another. The [[JC]] prefers not to speculate.  This sounds less than ideal — sub-prime, so to speak.
+{{popmangle}}
 *[[Rebel Yell]]
+*[[Mortgage]] and the special variety, the [[love mortgage]]
-[[Category:Pop songs which correctly use terms of legal art]]
+[[Category:Pop songs which use terms of legal art]]
+{{ref}}