I think hot potato is just him saying she's hot (meaning attractive). By home dictator he means she dictates where is home is (home is where the heart is). Got her own sweet flavour when I go down low is referring to performing oral sex (reinforced later on when he says All I wanna do is get down on my knees). The rest of the song is pretty straightforward, aside from the comparing her to yoko ono and bono, I'm guessing because both are considered philanthropists / really good people.
I think hot potato is just him saying she's hot (meaning attractive). By home dictator he means she dictates where is home is (home is where the heart is). Got her own sweet flavour when I go down low is referring to performing oral sex (reinforced later on when he says All I wanna do is get down on my knees). The rest of the song is pretty straightforward, aside from the comparing her to yoko ono and bono, I'm guessing because both are considered philanthropists / really good people.