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CJam, 24 bytes

"ItMoL'hCfAme"W):W>5%]S*

If run five times, it prints I'm the MC of LA (member of congress of Los Angeles). No punctuation, sorry.

How it works

"ItMoL'hCfAme"  " Push that string. ";
W):W            " Push W (initially -1), increment and save the result in W. ";
>               " Shift that many characters from the string. ";
5%              " Select every fifth character, starting with the first. ";
]S*             " Wrap the stack in an array and join its strings using spaces. ";