Sorry, some explanation if it's really needed.

The Chicago Cubs lose all of the time because of some curse supposedly.
The wordplay is a take-off on loony tunes.
The last line is like the holocaust...smoke comes out of the chimney. It's alright, i'm jewish so i'm allowed to make those jokes.

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tobacco pipe smoker
escobar, your life is over
justify the righteous nova
bullets flew out his right shoulder