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In all fairness this term was coined from the adult swim TV show "The Oblongs" (at least this is where I first heard the word used).

It is used to describe an eskimo or somebody from alaska possibly in a derogatory way.
Guy 1: Hey guy 2 how's it going
Guy 2: Terrible. A bunch of fucking whale-stabbers moved in next door.
Guy 1: Well it beat having a bunch of spear chuckers for neighbors.

Words related to whale-stabber

adult swim alaska eskimo inuit oblongs