A situation in which promises are made and later broken, often knowlingly and wilfully. Like the donkey that has the carrot dangling in front of him, but the owner knows all along that he will never let the donkey get that carrot.
When I started working here thirty years ago, they promised me a golden pension with full benefits when I retired. Now that it's time for me to retire, they're cutting the benefits for retirees. They pulled a fuckaroo on me. There was a fuckaroo waiting for me at the end of the line.