JAY-Z Responds To Backlash About Writing Anti-Semitic Lyrics On '4:44'

JAY-Z has responded to those who've accused him of being anti-Semitic on his song 'The Story of O.J.' off the 4:44 album.

"You wanna know what's more important than throwin' away money at a strip club? Credit / You ever wonder why Jewish people own all the property in America? This how they did it," spit Jay in the cut.

"The ideas that Jews 'own all the property' in this country and have used credit to financially get ahead are odious and false," they said in a statement. "We are concerned that this lyric could feed into preconceived notions about Jews and alleged Jewish control of the banks and finance."

"It's hard for me to take that serious, because I've exaggerated every black image in the world," he explained. "If even you, as the Jewish community, if you don't have a problem with the exaggerations of the guy eating watermelon and all the things that was happening [in the 'Story of O.J.' video], if you don't have a problem with that, and that's the only line you pick out, then you are being a hypocrite ... Of course, I know Jewish people don't own all the property in America. I mean, I own things ... It was an exaggeration."

"I pretty much said, 'If you want to be good at property and things like that, follow this pattern.' It's almost like saying, 'Kobe Bryant shot a lot of shots. If you want to be good at basketball, practice your thousand shots and do what he did' and then Kobe Bryant comes out and says, 'What you trying to say all black people play basketball?' Come on. You know I didn't say that. Context is everything."

[Related: JAY-Z and Future are still fighting about money phones.]