John Flanagin's definitions

blagojevich

Pronounced bluh-goy-uh-vich, this term (due to its unusual syllabic structure and the overall enjoyment one has in speaking it)is commonly used to break an awkward silence or as a random interjection in conversation.

Origin is likely from the name of Illinois Governor Rod Blagojevich.

"So the classical dichotomy of this rarely understood subjunctive can be best expressed (colloquially, of course) as--"
"Blagojevich!"

by John Flanagin November 19, 2007