This appears to be some kind of deposition in a civil lawsuit between Weezy and Quincy Jones. Wayne's utter contempt for authority figures is clear from the outset. Wayne is suing Quincy over the use of his music in the doccie following the making of Tha Carter III.
Super unco-operative, and at one point appears to be making a veiled threat at Jones attorney Pete Ross, who clearly represents The Man in this situation. Yoh! Homie really don't give AF!