Mr. King and Schemer in “Unfinished Business”

What, may I ask, is the meaning of this?

[sleepily] Do be a love and scratch my foot, won't you? [notices Mr. King] Ah, hello, J.B. [suddenly reacts and is now wide awake] Mr. J.B. King, Esq., exalted head. The meaning of this! Yes. Uh, ah, yes. The meaning of this is that it is a managerial retreat. Yes. It's especially restful for important business-type people like yourself and I.

Put a sock in it, Schemer!!