Lyric discussion by Patryk 

Cover art for Casper The Friendly Ghost lyrics by Daniel Johnston

He is referring to his own song "Grievances", in which there is the line: And the librarian said, you can't buy no respect.

On the surface this song is obviously about someone only being respected after they die, but I think underneath it is even more bitter. It sounds to me like Daniel Johnston is saying no one will like him until he is famous, and even though that bothers him, he will be respectful to where he came from.

Then again, this is just my interpretation, I have watched no documentaries.

My Interpretation