No, the phrase in Italian is:
"Eh, waddee yaknow! Itsa the besta things sincea the sliceda breada, ho just like oura mamma usedta make. Oh mamma mia... EH-A MAMMA! WHYA YOU NO MAKEA THE BREADA ANYMORE-A?!?!"
( Edd: The Unfunny Try-Hard Edgelord, Tue 23 Jun 2009, 17:24, archived)