This is commonly known as a teasing name used to refer to someone who quite often does things that make the common person go "WTF" and literally "LOL".
Why? Zzz...you bore me because your not a silly monkey.
Waizee
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The phrase is from the TV-show "South Park" and the so-called "Chewbacca defense".
Ladies and gentlemen of this supposed jury, you must now decide whether or not to reverse the decision for my client, Chef. I know he seems guilty, but ladies and gentlemen...
This ... is Chewbacca. Now think about that for one minute - that does not make sense. Why am I talking about Chewbacca when a man's life is on the line? Why? I'll tell you why: I don't know. It doesn't make sense. If Chewbacca does not make sense, you must acquit! Here, look at the monkey. Look at the silly monkey!