A fly tramp, that's what she called me
Cause I don't wear no Stetson hats like Paul C

from MF DOOM (Ft. Megalon) – Operation: Greenbacks Lyrics on Rap Genius

Meaning

A laid back homeless, he himself has claimed to have lived

damn near homeless, walking the streets of Manhattan, sleeping on benches

This is a reference to the Otis Redding song, Tramp. (Peep the intro, “you don’t wear continentel clothes or Stetson hats”.)

http://www.youtube.com/watch?v=wP7VU6AVIgc

Paul C, full name Paul C. McKasty, was a sound engineer that worked with Ultramagnetic MCs and supposed wore a Stetson hat on the regular.

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