A nod to this (NSFW) famous scene from the 1988 Eddie Murphy vehicle Coming to America

The quoted words here are commonly attributed to another former Secretary of State, Madeleine Albright, who introduced the phrase on The Today Show in 1998:

It is the threat of the use of force [against Iraq] and our line-up there that is going to put force behind the diplomacy. But if we have to use force, it is because we are America; we are the indispensable nation. We stand tall and we see further than other countries into the future, and we see the danger here to all of us.

[Emphasis ours]

Note the dig at President Bush (and, by extension, Republicans who supported him) with the “problems we inherited” line. However, Clinton strongly supported Bush’s march to war in Iraq, something she admits now was a mistake.

Clinton might want to rethink the “deserve” part when it comes to her own daughter, whose performance at NBC News has been widely panned. Chelsea getting the job was widely attributed to family connections as opposed to journalistic merit

The “sermon” wordplay here serves as a setup to a joke about rapper Erick Sermon’s 2001 “fall” from a third-floor window, widely regarded as a suicide attempt

This incident is common fodder for rap punchlines – see this use in Jean Grae’s “U&Me&EveryoneWeKnow”