Graveyard Song- Saturday Night Live - YouTube at 1:19

Now you know who is Paul who is Phil, Paul and Phil, Paul con Phil...Shut up!
The one that marked in red (that's my guess).

P.S. If my guess is right then I can't figure out what it means. Can you help me?

P.P.S. At 1:14 "I guess I'm Phil" is this normal intonation? I mean he's Phil but he says that as though he's contradicting the previous speaker but no contradiction takes place in fact. Go figure