paja713 May 31st, 2008 06:50AM  
I felt really proud when I noticed this a few months ago.
here is another word that rhymes with shame:
COCAINE.
blew = cocaine.
ok, Nirvana is a grunge band. grunge often will half ass shit. there might not be any serious metaphorical meaning to each line in this song, but lets break it down as if there is anyways.

This song could definitely be about addiction and the guilt that comes with it. I'm not really sure what point of view, either the person with the addiction or a person helping an addict.

So if you insist on each line meaning something lets try this:
"I would like it loose"
deviated septum. if you're not sure what that is, go look it up. your nose can get pretty damn loose after a lot of coke.
"I would like to bleed"
people can get some gnarly nose bleeds after long term coke use.
"I would like to breathe"
maybe he's saying its a good alternative to smoking.

I'm having quite a bit of trouble with the rest of the song, but I'm tired, and I want to go to bed. so there's my take at it. Please add to it.