Some NYU kid claiming to be with Gothamist recently asked Das Racist about their upcoming show at the University—an opportunity the band took to trash both NYU and Columbia!
It is difficult to decipher the shaky cam, everyone-is-probably-high-in-this-video, exhausted-at-SXSW-speak, but it appears that Das Racist's Dapwell is likening NYU and Columbia to the Catholic church, saying they are all terrible.
Also, something about real estate! We're guessing they're amongst those unhappy that everything has a purple flag on it these days. If you can decipher more of this, leave your translation in the comments.