BB pal Alex Ringis says, "A sign of the financial times: Live action roleplaying geeks in full costume with fake weapons and in a reality vortex. Repo-bounty hunters, there to repossess the 'Wizard's' Toyota Prius. BIZARRE video ensues."
It's an episode of the TruTV show Operation Repo, titled "Unhand Thine Prius."
Caveat view-or: as one commenter noted, it's very likely that this "reality" show is presenting a staged or highly modified version of "reality." So, take it as seriously as one might take a friendly fellow in a wizard costume, casting spells in the park.