Pinocchio’s nose grows when he tells a lie

Cam has “more authority” than the New York City Port Authority because he decides what drugs to ship

The Port Authority is about two blocks west of Times Square, a big prostitution hub

“Pepper” keeps with the food theme, although she has pepper spray to defend herself from hoodlums

He is materialistic, sure – he likes Italian clothes (see above). Given Cam'ron’s tendency to switch meanings up, he could also mean “them all”

Cam casually brags about maybe spending 4 million dollars (so casual!). To make sure the girl knows he’s not broke, he indicates that he made it all back quickly

You know the one stripper you and your college buddies see and are all like “aww, gross”? That’s what Cam likes

Cam'ron is always melodic, but might want to avoid actually singing melodies over his lyrics

Guacamole is money (see also). If the girl is “hot” (aroused), she should hold him because 1) he’s down to fuck, 2) he’s so cold (from his diamonds and ice) that he’ll cool her

Note that he works her opposition to his advances to his benefit…the man is a master of banter

A soccer goalie guards the goal and probably wears protective shin guards; the girl in question here has certainly not been receptive to Cam’s come-ons