Throwing that flag up running around you hot shit

from Pusha T (Ft. The-Dream) – Exodus 23:1 Lyrics on Rap Genius

Meaning

Lil Wayne is known to represent the Bloods, and often mentions them in his songs. He always tries to associate himself with the Bloods, but he was never much of a thug. Pusha definitely questions him going around and throwing up the Red Flag.

Also, “You HOT shit” is a slick shot at Wayne for his past affiliation with the Hot Boys.

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