Lyric discussion by Bertronix 

Found this on internet!

HEART's love for dogs has even influenced their music. Ann penned the words to "Dog and Butterfly" but it was her Sheepdog that inspired the lyrics. Ann watched intently from her bedroom window as her Sheepdog chased a butterfly around the yard. "As Ann watched her dog it struck her as symbolic as to how life can be," explains Nancy. "When you're an earthbound creature we're always jumping and reaching for things we can never really catch, but you try anyway. And that's the point of the song, we're always trying to grab at something higher."

I agree that it's about chasing dreams. I feel like the old man was trying to keep dog's "head out of the clouds" so to speak, by telling her "no, no, no" and in essense, telling her to stop dreaming of such lofty things as catching a butterfly. I keep rooting for the dog to keep trying lol

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