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Reecie Poo Peanut Butter Cups 

A Non-Quitter, or a stubborn person who last more then a week. These persons cannot win elections.
That one guy quit so they got a Reecie Poo Peanut Butter Cups to replace him

dry roasted peanut head 

Usually someone call Alfie, they have a stupid head shape and look like a Mong
Alfie, you're a dry roasted peanut head

peterpan peanut butter alert 

1. one is said to have a "peterpan peanut butter alert" when HEAVILY under the influense of cannabis (aka marijuana)

2. to "trip balls"
DUDE! im totally having a peterpan peanut butter alert!

vaginal peanut butter 

Light-brown discharge that smells like peanut butter
Girl 1:"Dude I just got random discharge and it was brown!"
Girl 2:"Thats vaginal peanut butter!"
Girl 1:"Explains why it was a little chunky."

triple decker peanut butter and jelly sandwich 

The most heinous sexual act. So terrible that your friends can never speak to the girl you gave it to ever again. In addition, they are not allowed to be friends with you for a month. At the end of that month you'll still think it was worth it.
Where's Jim been?
I don't know, I can't be friends with him until August since he gave Jane a triple decker peanut butter and jelly sandwich.
Oh my god! That's awful.

The Peanut Butter has been spread 

A phrase used by a complete moron in a position of power noting that something has happened and is irreversible. Also that the consequences are inevitable.
During a recent conference call announcing layoffs, Vanessa noted that "the Peanut Butter has been spread". Guess she couldnt think of anything smarter to say. I wonder how she ever got her job.