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1.
Taking something of value (i.e., money) from someone who has earned it through hard work and dedication, only to give it to those who don't deserve it (i.e., CEO's that ran businesses into the ground, those who refuse to work, those who couldn't afford their mortgage in the first place).
"We are all going to suffer if the Democrats keep obamaing our tax dollars."

"Why did you obama my money to those ghetto drug-addicts?"

"Nancy Pelosi and Barney Frank obamad us through the non-stimulus massive spending plan."
by American Terminologist May 21, 2009