1) I'm willing to give them the benefit of a doubt:
a) People are stupid and panic.
b) "The show" could be the kid's reference to Wife Swap.
2) Wife Swap: It was not sexual at all. Essentially, the husbands would live with each other's wives for the set period of time. So the other guy's wife would clean your house, take your kids to school, cook dinner, etc. There was always incessant and mammoth arguments coming from different families being forced together (i.e. military wife dealing with hippie kids, while hippie wife tries to teach redneck kids).