Pseudo Bushism

Joel: David blah blah blah'd me!
David: Joel's misoverexaggerating again.

Sorta reminds me of the bushism: misunderestimate. I'm almost certain I heard Daffy Duck say "strategery" in an old episode of Duck Dodgers today!

So what does misoverexaggerate mean? How about "to exaggerate to the point of being absurd." But wait...isn't that what over exaggerate means? Maybe it means "to exaggerate to the point of being absurdly absurd." Or maybe I'm misoverthinking it.