So, obviously he and his followers do not ACTUALLY believe in the Lizard people, right?
The Lizard-People story is just a nudge-nudge, wink-wink thing to cover the fact that he is really talking about a very powerful group of people who would not stand for him speaking about them directly and using their real name. "Lizard People" is just a metaphor for a racial/religious group of actual humans.
His followers, I am sure, also understand this, but his detractors do not really realize his true message and instead twirl their fingers by their ears and laugh uproariously at his obvious insanity for thinking the old TV show, "V" is reality.