Lyric discussion by glockliberty 

this what i hear on the version released on hopelessness blues [2011]

if to borrow is to take and not return i have borrowed all my lonesome life and i can't no i can't get through the borrower's debt is the only regret of my youth

and believe me it's not easy when i look back everything i took got soon returned just to be adding it's free again all of the sirens are driving me over the stern

just to be adding it's free again all of the sirens are driving me over the stern

one day added is free one day that's my [something]

in the street one day i saw you among the crowd in a geometric pattern dressed gleaming white just as i recall old as i get i will never forget it at all gleaming white just as i recall old as i get i will never forget it at all

The album is actually called "Helplessness Blues", and I agree with your interpretation of the lyrics except for a few things:

Line 7: "adding it's free" should be changed to "at Innisfree"

Line 9: "adding it's free" should be changed to "at Innisfree"

Line 11: "adding is free" should be changed to "at Innisfree"

Line 14: "dressed" should be changed to "dress"

Line 18: "will" should be changed to "could"

Correction (not to sound like a snob) Its HELPlessness Blues. Not HOPElessness Blues. Sorry.

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