Okay, I THINK it refers to a movie in the 80’s called Breakin’ 2: Electric Boogaloo. It was about breakdancing. Well, the Boogaloo people are referring to American Revolution part 2: Electric Boogaloo. Basically the idea is rhyming 2 and Boogaloo. But yeah, a second American Revolution. Fighting for our independence from the small hats.