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1.
anything stupid or not worth wasting your energy talking about...a manner in which to express a term of endearment and stupidness simultaneously in a single breath.
Russell is pooh pants.

Russell says pooh pants a lot.

Friends of friends we don't particularly care for are pooh pants.
by Doc April 17, 2004
 
2.
Name given to five year olds trying to get to the toilet in a hurry, but failing. The result is pooh pants. Particularly happens in forest and camping settings where kids tend to hold it.
Boy runs to outhouse in campgroud. Half way there, he stops and turns around, head low. He father notices, and remarks, Ah Jeese, Pooh Pants Peter?
by bigelk September 01, 2006