Dire Straits' Money for Nothing has been banned in Canada by the Canadian Broadcast Standards Council (CBSC) because it contains three instances of anti-gay slurs. In this article in the Guardian.co.uk Dire Straits' keyboardist criticized the ruling:

I reckon Canada could ban about 75% of ALL records ever made, [...] WHAT a waste of paper. [Although] a part of me understands the decision, you can and should be allowed to write a song or poem and use language that is or has been in use by real people in everyday life [...] MFN does not 'celebrate' a slur. In it, Mark [Knopfler] uses real everyday US street language to describe how a numbskull worker in a hardware department [...] feels about a video being shown. The fact that the [CBSC] can make a ruling such as this, completely missing the context in which it's used says rather a lot about the society in which we live.

Causing further controversy, Justin Stayshyn of Xtra!, a Canadian gay and lesbian magazine, says that this song has nothing to do with gay bashing:

After lamenting the obligations of his own job ("We got to install microwave ovens/We got to move these refrigerators/We got to move these colour TVs"), the narrator launches into a homophobic attack directed at the wealthy MTV pop stars he envies: "The little faggot with the earring and the makeup/Yeah, buddy, that's his own hair/That little faggot's got his own jet airplane/That little faggot, he's a millionaire."

It's sung from the perspective of a homophobic dick, but it certainly doesn't glorify him or his detestable opinions. Rather, it ridicules his viewpoint.

The song was a hit 20 years ago.