Looks like Weezy will be covering the October 2011 issue of Vibe Magazine. Below are a few excerpts from the interview where he talks about Jay-Z (indirectly), Drake being competition & the riots in London.

VIBE: You say competition is for the “old guys,” but it sounds like you’re going at Jay-Z with that line, “I got your baby money/Kidnap your bitch, get that how-much-you-love-your-lady money.” Are we looking at it the wrong way?

LIL WAYNE: I know for a fact, music is about perception. You can’t do anything but perceive what you hear. If I know that for a fact, I can never be upset about someone’s reaction to it. I’m not gonna say I don’t know what will happen before I say it [on record]. I do know what will happen. I am aware of it. It is what it is.

VIBE: So you knew the repercussions of going after Jay before anything even happened?

LIL WAYNE: Well, I’m a man. I believe as a man you should know that. Every man should know the repercussions and consequences behind whatever they do before they do it. And of course, I know there won’t be any repercussions behind
what I did.

Read more after the jump.

VIBE: You mentioned how humbled you were at the success of “She Will.” Drake, who wrote and performs the song’s chorus, has now become a platinum star in his own right. Do you look at the guy and say, “Wow, I helped create a monster, I have to stay on my toes”?

LIL WAYNE: I don’t look at it like that. Drake is my artist. If he wasn’t my artist, then yeah maybe. But that’s my artist. He’s not [just] a friend. We’re more than friends. It’s business. It would be impossible for it to be a competition. I mean, I’m the guy’s boss.

VIBE: Given that Cash Money artist Jay Sean is a native of the U.K., you probably have some strong feelings about the London riots and how some talking heads blamed it on hip-hop culture.

LIL WAYNE: All you could do is pray for the people that were dealing with the situation and hope for the best. As far as them blaming hip-hop, you can blame Jesus for things, so you can’t really fault anybody for blaming someone or something. All you can do is hope for the best.