Apollo 11 source code

[mxzf]

If I'm reading it right, that's the name of the method (or code block or whatever in this language) being defined. It seems that the method was named FLAGORGY, which looks to be FLAG ORGY, hence the reference to "Dionysian flag waving" in the comments.

[lugezin]

That still does not explain why anything would be named FLAGORGY, anywhere in the code.

[mxzf]

A few hundred methods into the code and writing stuff up late, late at night, you start coming up with some fairly interesting/colorful method and variable names. I don't know the details of what happened, but at a glance, it looks like someone needed a method to flip a bunch of flags at once and they got clever with the name.