It should just be a meme, except somehow it not only works but is also really good.
You play with a group, with either two people as the focus and everyone else as the GM, or with multiple people as the focus and only one GM. Like the Simpsons bit, you're trying to bluff your way out of a situation as it spirals further and further out of control, but the game doubles down on this by giving you significant bonuses the more you push the situation towards chaos.
It's only a page of rules, but they're clear, easily readable, and well organized, and I didn't spot anything that looked like it was missing.
As a one-shot comedy game, I think I would recommend this to any group.