Lyric discussion by elempart 

Cover art for Guiding Star lyrics by Teenage Fanclub

This song's not about Jesus. It's about the band Big Star, and bandleader Alex Chilton.

The Jesus reference is an allusion to the song "Jesus Christ" on Big Star's Third record, a song that TF also covered.

Considering how everyone and their dog thinks Bandwagonesque is a direct ripoff/perfect homage to the power-pop sounds of Big Star, it's hardly surprising that Gerry Love would pen this ode to his guiding star.