The 2nd episode of The Real Housewives of Atlanta (Season 4) aired last night, and it was apparent (at least to me) that the hot catch phrase this season is “I’m rich bitch!”

NeNe Leakes, the “originator” of the new phrase hit up Bravo’s What Happens Live after show last night and attempted to explain her statement to the masses, all while referring to the great city of Atlanta as “Haterville”…

“Sheree still broke and Kandi is still paying both sides of the fence… ain’t nothing changed.” ~ NeNe

On another note, Phaedra Parks and Kandi Burruss sat by and watched as Sheree Whitfield attempted to explain why she and NeNe are feuding…

For some reason the fame has really gone to her head. Am I jealous of NeNe? Are you absolutely kidding me? She yelled out that she’s “rich” if that’s rich, I don’t want no parts of it. I’m looking for wealth.

You’re rich… but you’re missing teeth, you wearing Louboutins… red bottoms and all that.

Before you do that… work on your hygiene. That’s all I’m sayin…

Watch video…

VIDEO: Sheree Explains NeNe Feud

Sheree & NeNe during friendlier times…

Will these two former friends EVER mend fences? Is it even worth it…

Who’s the biggest hater in this situation?

Sheree or NeNe?