“I want Jim to have one of those wheelchair with Bill Gates, where he’s sitting on Bill Gates lap, like rolling 12 miles an hour, he’s like 'I got super buff arms.' I don’t, Jim’s arms are way better than mine. And then, you think about it like, oh my god, if this man were at Hiroshima, he would need a fucking handicap ramp to survival. They didn’t even have those! They didn’t even have those they-they flash images of Japo’s on the wall…they put them into dust and made them into pudding for Dr. Phil or whatever…you’re like oh god what would’ve Jim done there? Like no he wouldn’t have done that, he would’ve been FDR. He would’ve been FDR, no he would’ve been an American president in his wheelchair, who rolled up, and then he would’ve died and left it to Eisenhower to solve the goddamn problem of the Japanese, Eisenhower created anime Jim! You didn’t! Why?! Why’d you lie to me?! Why’d you lie you said you created anime! You’re watching these big titty anime bitches noooo, no no no, you created the inner state highway system, you created legal drinking age twenty one, you created everything wrong with America! You tried to give it to FDR but it was Eisenhower! Eisenhower’s you. You’re like aw I have a wheelchair too. No you didn’t, no you didn’t Jim. You didn’t have a wheelchair you had internet access! And a Time Machine! And you went back, you dropped a bomb on the Japanese, thank you by the way, you should’ve done more, but you didn’t! Instead you left karaoke bars, sushi, what the fuck is wrong with you, big booty bitches, like knocking themselves…-anime ones! Cuz no Japanese women have an ass! They don’t have an ass because they don’t matter, because Japanese men just want a hand. A hand up and hand out just like the communists. They’re like, “oh wait, I can do this”…and then their hand becomes a futanari! Have you s-I know you know this!
Their hand, a slit opens up here like in vampire hunter D, and instead of a mouth…and intelligible conversation, a giant black cock comes out and they’re like “this is Elizabeth Warren” they…then they die fucking themselves. And you’re like, 'no this is good'”.
(I think the way to read this is to be read both the text of what Nick has said and my explanation at the same time. I didn't explain every single word because I figure it is mostly obvious when I don't and this is long enough already.)
Jim is in a wheelchair because his health is really bad and Nick brings up Bill Gates because Bill Gates is rich and if Jim is sitting in Bill Gates Lap he has the highest quality and most expensive wheel chair possible.
12 mph is easy just a fast speed for a wheelchair and Nick is saying Jim has big strong arms because he has to push that wheelchair all the time, he mentions that they are bigger than his because Jim is Everyone in the Sektur's eddady.
This is a big theme that is going throughout the entire thing Rekieta is saying and that is a combination of the Jim loves anime and the two nukes not enough and the nuclear weapons being dropped on Japan created anime jokes.
This gets Rekieta talking about Hiroshima. Jim is in a wheel chair because of his bad health as established and so Rekieta mentions that Jim would have problems in the 1940s because there are no wheel chair ramps and no ADA, he mentions the temperature being so hot that it vaporizes people as an example of the cruelty that demonstrates they wouldn't give Jim a wheelchair ramp. There is a trope about grinding people to dust and putting them in pudding and I believe it gets fed to Dr. Phil because Dr. Phil is really old and Rekieta is making fun of how old he is.(I would have gone with Joe Biden on this one, but perhaps because of the Dick Masterson/Juju encounter with Dr. Phil he went for Dr. Phil).
Next comes the part where he is comparing Jim to US presidents as a joke. The obvious joke is Jim is FDR because both of these people are in a wheelchair. Also because FDR dies and Jim is also in poor health. This is where there is the insertion of the nuclear weapons creating Anime joke comes in explicitly.
He confuses Eisenhower for Harry Truman. FDR didn't drop the bomb on Japan but Truman did but I think Rekieta forgot about him. And Rekieta is making a joke about how Jim invented anime because he loves anime so much. But because Jim is FDR(wheelchair and bad health) and not Eisenhower and Eisenhower created the National Highway System and I guess the drinking age was raised by Eisenhower. Then he is basically saying if Jim created anime he couldn't be FDR he has to be Eisenhower and Jim created anime so he is Eisenhower. But this doesn't fit as well as making Jim FDR. So in order to make it that Jim invents anime Rekieta gives Jim a Time Machine. He then trades Jim's wheelchair for internet access because Eisenhower doesn't have a wheelchair(I don't entirely understand this transition).
Jim using his Time Machines goes back and creates anime by dropping the bombs according to the Joke about Nuclear weapons being dropped creating anime. But he makes fun of Jim for not getting rid of Sushi and Karaoke as well. He says what is wrong with you Jim for letting these things survive as a joke.
He then makes a joke about Asian Women not having an Ass but anime women do have an ass. Women with a small ass are not worth paying attention to in an anime, I think this is similar to Women who are ugly not mattering.(didn't entirely understand this one). There is also a joke about Japan being communist because they are more communal and I believe a connection to the "My Tits couldn't be this big under Communism" meme where the joke is because communism causes people to starve they couldn't grow large breasts but for asses.(I feel so weird typing this paragraph out).
(For these next bits I haven't seen the Anime so I have no clue how it all fits together either because it is so far out there or because you need to watch Anime to understand.)
There is something in that anime about a slit in the hand and you can talk through it I think. But rather than making it a slit like a vagina he makes it a penis. This is the connection to the Futanari/trap joke where you expect a vagina but find a penis. He is about to ask Jim if he has seen the Anime and then he says "I know you know" this because Jim likes Anime. And then Giant Black Cock because of Mutt's Law rather than a normal penis. He chooses to make it Elizabeth Warren because she is quite left wing and communist. (Don't know why everyone starts fucking each other though.) Then it ends with a connection back to Jim allowing Sushi and Karaoke with Nick asking Jim why he allowed this to happen.
(I tried to break this into paragraphs so that it was more understandable but this stream of consciousness is hard to represent in an organized manner due to the nature of it.)