That's an exaggeration of what Moon said:
"Can you imagine covering Bernie? Or Pocahontas? Pocahontas, how about that!"
He repeats: "She's a low-IQ individual."
Likely uncoincidentally, Waters is Black.
"They've just outsmarted our politicians for decades," he continues, maybe of Canada and maybe of everyone.
Then he ludicrously says that people get 30 days in jail for dealing the drugs that kill 5,000 people.
He then does a mockingly-sober-voiced imitation of a regular political speech.
This is the seventh time in office that he has wrongly put Clinton's number of electoral votes at 223 rather than 232.