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1.
in·au·gur·oil

Pronunciation: \i-ˈnȯ-gyər-ȯi(-ə)l\
noun

Use: 2010

1. Address delivered by the President of the United States in a futile attempt to explain a major ecological disaster in which millions of gallons of unprocessed oil spew, unabated, into the Gulf of Mexico following the blow-out of a deep oil rig.
2. Second term presidential speech in which a nation’s chief executive takes full and complete responsibility for a failure of catastrophic proportions and places it squarely on the back of a former administration.
3. Formal address by the President of the United States that is most often associated with political success of the highest order. See IRONY.
Robert: “I wonder if Obama is going to blame Bush and his ‘failed policies’ for the BP petroleum spill in his inauguroil address tonight?”

Ethan: “I should certainly hope so.”

Robert: “But Obama’s been in office for over a year already. When will he be one-hundred percent irrevocably unquestionably responsible for everything?”

Ethan: “I think that usually happens a year or two following reelection.”
by Dis Mi June 15, 2010