...no, it's clearly about someone at reddit raging out of control and grasping at straws to justify banhammering mods in a desperate attempt to save a ship that has split in two, is on fire, leaking radioactive waste, while sharks circle.
I've seen this happen on mailing lists and discussion boards where an admin/mod throws a major wobbly and just starts banning people like crazy for the slightest infractions to scare everyone else into "behaving." That's about when quietly someone who is respected pools together every email they can get their hands on and invites everyone to mailing list run elsewhere.