In this week's Pulse Report, the streets are buzzing about Young Jeezy questioning Nas' street credibility, Jim Jones dissing Tony Yayo again, Lil' Wayne kissing Juvenile and B.G. and DJ Kay Slay sticking up for Jay-Z.

1. Jeezy questions Nas' street cred. There's apparently a "Nas and Jay-Z bite" bandwagon slowly spreading. In recent weeks, dudes who most would agree, have no business taking shots at the two classic lyricists, have been coming out of their faces with some outrageous statements. Yesterday morning, (December 7) Young Jeezy appeared on Philadelphia's 100.3 The Beat radio station to promote his forthcoming album, The Inspiration. It seems like he ended up promoting Nas' album instead. After sounding off on Weezy claiming to being better than Jay-Z, Snowman and the show's host's, Monie Love began arguing on whether or not hip-hop was dead.[Listen to the interview here] "You got Nas coming back saying hip-hop is dead. Who is he to say hip-hop is dead?" Jeezy offered with an insulted tone. "I might as well make a comment like Lil' Wayne then. Ya'll gon tell me I ain't doing hip-hop?" As "brilliant" as he is, Snowman then inexplicably lost his marbles and proceeded to question Nas' street cred in the heart of the "is hip-hop is dead" argument. O...K! "What you saying? I'ma respect his craft, and he ain't gon respect mine?" Jeezy asked. "Nas ain't no street n*gga. He ain't been in no streets. Nas ain't did nothing he talking about, so what you saying?"

Who knew the Queensbridge Projects, America's largest,couldn't be considered the streets. Thanks for the education Jeezy. Wait, there's more. "Nas bus his guns? Nas been on the block? Do Nas have street credibility?" he continued. "Is any of Nas' homies in the feds? If Nas saying hip-hop is dead, I'm saying hip-hop is alive then. Tell him to get at me." No wonder Jeezy was his high school's debate team captain. He also attempted to use first week sales to prove his point during the argument. How does that Hov song go again..."Dig A Hole?" Well, apparently, Jeezy has been listening to his label's president. The argument ended with Monie Love putting her foot down. "It's dead," she firmly proclaimed. "Right there, I said it." The proud trapper then stormed out of the studio.

2. Is Jim Jones dissing Yayo? Roughly a month ago, Jones poked fun at G-Unit's Tony Yayo, snapping, "That n*gga's an immigrant. He's a straight hater, he belong in little Haiti." Dipset's capo was responding to rumors that Yayo mocked "We Fly High" by screaming "booooorrrriinnnn" backstage at Hot 97's Back To School concert. Jones may have just taken another shot at the self-proclaimed "real talk of New York." The Harlemite is seen doing the Yayo dance towards the end of the "We Fly High" remix video. So, was that another stab at Yayo? On another note, "We Fly High" turned out to be the most stuntastic video in recent memory. With appearances from Diddy, T.I., Juelz Santana, Birdman and Young Dro, the clip has the gang throwing around a senseless amount of money. Diddy can be seen juggling piles while he and Jones later play catch.

3. Weezy claims to kissing Juvenile and B.G. Shouts to folks at Complex Magazine for providing beaucoup material for this week's Pulse Report. In the December/January issue of the publication, Weezy made no apology for kissing his surrogate father, Birdman. "I don't fault nobody for misunderstanding. I don't understand a lot of sh*t," Weezy explained to Complex. "Baby walked in the crib one day and was like, 'Everybody's doing this black mob sh*t. When I see you n*ggas, this is what we're gonna do.' And that's why you've probably got a picture of me because I stuck with everything that man said." "But every n*gga's done that," Weezy added. "I've done kissed [Juvenile and B.G.]. No homo. Pause."

4. Kay Slay and Young Jeezy stick up for Jay-Z. The Drama King and the God emcee may have never been the best of friends, but Slay recently denounced Weezy's nerves during his Shade 45 Streetsweepers radio show. "You don't have the authority to go at Jay-Z, b," Slay told Weezy. "That's disrespectful. I think it's certain level of motherf*ckers that can go at... like the same way that Gillie [Da Kid] was digging in yo ass and you looked the other way cause you felt that he wasn't on your level. Where the f*ck do you get the right to go at Jay-Z?" Slay then reminded Weezy that he publicly idolized Hov not that long ago. Word is Weezy has since retracted his statement. "This is a brother, a few years ago that you was calling the greatest rapper in the world," Slay recalled. "Dawg, you really need to clean that sh*t up. You foul for going at Jay. I'm not the biggest Jay fan either. I'm just stating facts."

It turns out that Jeezy did have a little bit of sense the day of his Philly interview. Apparently, he also didn't agree with Weezy's bold declarations. "As far as what he's saying, he's tripping," Jeezy told Monie Love early in the aforementioned interview. "If you wanna holla at dude, you holla at dude. You don't make comments cause I mean last year, he was your favorite rapper."

5. Nas won't become a boss. While heads were busy criticizing God's son for his lack of business savvy, it turns out that he quietly turned down an offer to become a high ranked executive at Atlantic Records. The Queens, NY lyricist unveiled the blurry details during an interview in Complex's December/January issue. "I'm still his boss," Nas joked regarding Jones. "I am above him. Who's not above Jim Jones? I don't know any of his records and I'm not even being funny. Like I know he's got a record called 'Ballin.' I hope it sells some records, but I swear to you I've never heard it."

6. Em and Fif vow to sell 10 mil again. Though rappers have been hanging plywood plaques on their wall all year, record breakersEminem and 50 Cent aren't too worried about their own sales. During an appearance on "106 & Park's" couch earlier this week, Em commented that the commercial success of Jay-Z's Kingdome Come could help boost sales for future hip-hop projects. "As far as Jay-Z doing the numbers that he did. I feel like [it] breathes new life into hip-hop...music, period," Em told Terrence J and Rosci during the interview. "It lets you know that you can still do those numbers and be successful." Terrence then asked the Shady and G-Unit bosses if they thought it was still possible for artists to sell 10 million albums in the industry's current climate. "I can, watch me," Fif declared emphatically. "After Fif, watch me," Em added. Can it be done? The rest of the interview was interesting to say the least. Fif hogged the entire couch time, either acting as Em's self-appointed publicist by finishing his sentences or just jumping in because Em was receiving too much attention. 10 mill uh? What do you guys think? Is it possible?

For any questions, comments or criticism, hit up Dick Johnson at [www.myspace.com/shcrewu2]