Definitions by 37th President

Watergate that shit 

To cover something up; lie.

Person A: "Dude, I broke my roommate's laptop, he's going to be pissed.

Person B: "You've got to Watergate that shit, man, don't tell anyone, deny everything."

Person A: "kick-ass"

Watergate that shit by 37th President April 26, 2009