Yes i am sure we need to take that name literal and it's a nazi group. That's why the school never shut it down and printed it all over that yearbook.
Ever heard of a sense of humor? His quote even says it was to counter the leftwing movement (you know that violent, democracy hating, free speech hating movement). He did it by exaggerating, a form of humor to poke the other side even more.
Also if he was really a fascist, he wouldn't be where he is now. He would be protesting, burning, looting shit, opposing democracy and free speech, with all the other fascists that are doing it now.