"Jim Bakker spells his name with two k's because three would be too obvious"

This quote by Bill Maher is a funny jab at televangelist Jim Bakker. It indicates that Bakker's name is a play on the word "baker," and that he included an additional "k" to make it look more advanced. The joke is that Bakker's effort to appear more sophisticated was too obvious, as including a 3rd "k" would have been even more over the top. The quote suggests that Bakker is a little bit of a showman, and that he is more concerned with appearances than with substance. It also implies that Bakker is not as clever as he believes he is, as his effort to appear more advanced was too obvious. In general, the quote is an amusing method of satirizing Jim Bakker's effort to appear more sophisticated than he actually is.