Value ontology is the stupidest thing I've ever heard.

I have not heard of value ontology before reading this thread, so did a quick google just now and found this definition on some other board:

My question to UP1001 [assuming the definition above is agreeable] is 'what do you find ‘stupid’ about this view? This is the first and to date only brush I’ve had with the concept, so understand I am doubtless missing a lot. But from my thinking the definition above could be describing anything from a modification of evolutionary theory to that of a design argument to support the existence of God. What am I missing?

Is the liberal egalitarian thing something ILP claims to be? Or is it something that someone else claims ILP to be?