Jay-z completist should note that 3 years after “What We Do” was released, the New Orleans Saints (entrenched in the Bayou) signed bullet-throwing quarterback Drew Brees—which makes this line a pretty sick homophone. That’s why they call him HOV
Alternative interpretation is, “Bullets ease by you like, Louisiana, man”. A play on the movie title Eve’s Bayou, which was set in Louisiana.
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