Think You Can Wait

Love dylancampbell's interpretation, but I see the "baby" more metaphorically in this verse:

We've been running a sleepless run Been away from the baby way too long We've been holding a goodnight gun We've been losing our exits one by one

Running a sleepless run to me just says fear. They're terrified. They've been away from the baby--representing what's important, what's innocent and pure, maybe what their relationship used to be. We've been holding a goodnight gun: We've been on the brink, about to end this thing because it's all going wrong. We've been losing our exits, our chances to take a different course than the one we're on now, our chances to make a change, to make things better.

The first verse is in the past tense--his state before he met her, maybe. Maybe she was the island he was looking for. But maybe he's drowning her instead.

What I'm thinking is simple I'll sell apples and ice water at the temple I won't make trouble I'll pull the devil down with me one way or another

...In this verse I think he means the "pull the devil" line in the opposite way. He's promising he'll be better. He'll do good things for people (or at least not do anything bad). He'll get rid of the devil on his shoulder, be a better man.

But in the end, it's futile. She's all he has, and he's trying to do right by her, but he just can't. As indicated earlier in the song (Did I think you could wait?) he's already lost her.