This refers to the popular coupling of Harry Styles, a member of the British boyband One Direction, and President Barack Obama. Those devoted to this ship believe "Larry" is a cover up for their relationship.
Girl 1: " Did you see Harry tweet at Obama the other day?"
Girl 2: " Yeah it's a shame Michelle has no idea about Hobama"
Girl 2: " Yeah it's a shame Michelle has no idea about Hobama"
by Megalomaniac- September 02, 2015