Possibly a semi-reference to Where The Wild Things Are by Maurice Sendak

Here Del lists a few facts and figures about the moon like the fact that the Moon is 238,900 miles away from Earth, and that the orbital period is 27 days and about 8 hours.

In this line, Del references the long running stand up comedy show Showtime At The Apollo, filmed at the Apollo Theater in Harlem, NY and the Apollo 11 lunar landing.

Masta Ace is saying if you have lots of money in his part of town then watch out when and where you are flashing it or prepare to pay the consequences.

The “wolves coming out” references how full moons are sometimes attributed to behavioral changes in both humans and animals and plays off the lunar myth of lycanthropy.

Paul critiques two different presidents' question-answering styles. Clinton tried to avoid questions until things fell apart in front of the press’s face; Bush flat-out lied.

Paul tells us about a conversation with his wife in which he says something along the lines of “All of us could be what we want to be in life.” His wife then says “The system would stop and quit.” Paul then essentially says “Fuck the system. It’s what we make it.”

Kiehl’s is a skin-care/beauty store famous for offering free sample of their products; rappers signed to labels backed by major distributors like EMI have no problem using well-known samples because their higher-ups have or can negotiate the rights to use them.

Paul contests that even quoting movies or songs in everyday situations could be considered copyright infringement.

Barman explains that we have gradually shifted to a society driven by media and advertising, citing the almost “subliminal” advertising in the very food we eat as an example.

These lines are kind of like Barman’s warning to other MC’s about sampling other artists work and refers to the groundbreaking 1991 copyright case brought against Warner Bros. as a result of Biz Markie’s unauthorized use of a fragment of All Alone Naturally by Gilbert O'Sullivan.