Short form of "Fucking Obamanization", where the "f" is silent. New, poorly thought out, polical policies designed to be popular with lower and middle classes, conjured up by Obama, to "help" the general public, such as health care reform, or to bailout big business. These policies are believed to be helpful, but in the long run are tremendously detrimental to the public. Example: The bailout is going to cost later generations due to a big, expanding Federal deficit.
Obama is trying to change health care policies to make it more accessible, but at the cost of the health care providers and hospitals. It will lower accessibility of health care and worsen the quality. This, like the automakers bailout, will hurt the public in the long run. This is a total fobamanization!