This is a retarded way to say flip flops.
Saying flip floops instead of flip flops just makes it more fun and enjoyable.
This may also relate to Stewie Griffen's way of saying cool whip.
Pernounced cool hwip.
"Wow! I really like my new flip floops!"
"You really like your new what?"
"My new flip floops. I just got them yesterday."
"Why are you saying flip flops weird?"
"Hwy am I saying hwat hweird?"