Parody

Webster)
“an imitation of the style of a particular writer, artist, or genre with deliberate exaggeration for comic effect”
He is poking fun at and exposing the RM salesman on this site for spreading false and misleading statements. I suspect if the salesman was peddling an index annuity and refused to acknowledge all of the facts he would parody index annuities. There are many people in TV that are quite adept at managing their finances. However, there are many that are not. Otherwise, there would be far fewer free chicken dinner seminars and dishonest sales practices.
The broader topic of governmental (taxpayer) waste has been and will be with us forever.