When a person takes a shit, usually creamy, and it leaves a paint like residue on the toilet bowl upon flushing. Different techniques and types of poo yield different results or masterpieces.
After a 12 minute battle with the toilet, Mike enjoyed flushing so he could see his Picasso poo at work.
Persons who think that whatever they manage to accomplish are works of true genius because they were raised in such a overly validating, gratuitously supportive and positive environment from the time they were infants, that when they wiped their own feces on the walls they were misinformed that it was an artistic masterpiece. Such people are invariably intellectual and emotional idiots, but still manage to be the center of attention.
Tagger kid: Man, there goes Jenny-- she walks around thinking she's so great after graduating art school, but she can't draw a straight line.
Skater kid: Don't you know?-- she's a total Poopoo Picasso!
Someone who is addicted to obtaining money and building wealth. A money addict and fanatic. Breadheads often work more than one full-time job, and some even participate in illicit activities to "obtain the bread".
I don't buy the schmegegge about Morty sleeping with Moira.
His version of the story was pure schmegegge.
The whole schmegegge was made up to get Liz a little bit of attention.
Looking or experiencing something nice after witnessing something horrid like a disgusting gif or a disturbing video. Typically used as eye bleach are nice images of whatever makes the disturbed person happy.