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Neil Young – Down By The River Lyrics 14 years ago
No, I disagree, I think Young is writing from a character's point of view, and the grief of this character is brought through with the extreme of murder. I think that he most likely intended to juxtapose the love with the hate, it makes it all the more prominent. I really do feel, as Jon112384 said, that it has an 'if I can't have you, nobody should" feeling about it.
Besides, I hear he wrote this song in a state of delirium, along with Cowgirl in the Sand (which while may not be too relevant, I found interesting). I don't think he always has to be portraying one message. I also don't think this particular song is about drugs. But hey, that's just my personal opinion.

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Neil Young – Down By The River Lyrics 14 years ago
I figured it was about a woman who the singer loved, but she tried to leave him, so in his 'madness and sorrow' he shot her, because he could not bear her leaving him. I hear Young wrote this song when he was ill and delirious...? Anyway, it's a beautiful song and I adore it!

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