Pledging My Time Lyrics

Lyric discussion by stowaway 

Cover art for Pledging My Time lyrics by Bob Dylan

it think this one is about drugs as a form of escapism.

1st verse is a hangover.

2nd verse is a dealer.

3rd verse is the character introducing someone to whatever drug.

4th verse is the of them at the end of a night of heavy smoking.

the last verse is heroin overdose.

the whole time the character is 'pledging his time' to escapism through drugs.