This was produced by the Atlanta based producer Drumma Boy, whose other production credits include "Here I Am" for Rick Ross, "Put On" for Jeezy and three other tracks on Paper Trail.
This song refers to the incident in 2007 when T.I. got caught attempting to purchase machine guns from a federal agent in a sting operation. He wrote this facing the prospect of being incarcerated. The rapper is explaining that he's ready for whatever happens to him at this point and he also accounts for the situation with the weapons.
Bruce Springsteen wrote "Blinded By The Light," which was a #1 hit for Manfred Mann's Earth Band. The "Madman Drummers" line is a reference to Springsteen's first E-Street drummer, Vinnie "Mad dog" Lopez.