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whip it out like LBJ 

When a male unzips his fly and 'whips out' his penis, thus demonstrating how big he is. This can also refer to any situation where a male takes his dick out.

This expression refers to the legendary press conference where, when asked why the U.S. continued to fight the Vietnam war, President Lyndon Johnson "unzipped his fly, drew out his substantial organ, and declared, 'this is why!'"

For the metaphorical meaning, see dick waggling contest
Spencer: Dude, what do you do when people say that your dick isn't that big?
John: I just whip it out like LBJ, fool.

whip it out like a hot sausage 

A euphemism of 'pulling out' whereby a penis is pulled out of a vagina prior to ejaculation as a form of ineffective contraception. It is based on the image of someone cooking sausages, to discover that there is no cutlery available to remove them and thus one's fingers must be used to ensure that the sausages are not burnt.

A phrase commonly used by youngsters in the highlands of Scotland.
Archie - William: I just don't want to get her pregnant again but condoms are shit mun.

William - Archie: Don't worry boi, just whip it out like a hot sausage.

A few weeks later...

Archie - William Fuck man, we're having a baby.

whip it out like it needs air 

When a masculine man pulls out his phallus for recreational activity.
That bitch is so hot! I just, I just have to whip it out like it needs air.

Whip it out and put it on her forehead 

A phrase used in place of "go for it in a big way." Often results in a high risk, high reward situation.
Friend 1: "I don't know what to do with this extra Cubs ticket."

Friend 2: "Take Jackie."

Friend 1: "I can't. She's a Sox fan."

Friend 2: "You got an extra Cubs hat. Just keep it in your pocket, and at the game, whip it out and put it on her forehead."

Friend 1: "Good idea. I'll do the same with my penis later."

when in doubt whip it out

If you don't know what the fuck to do in a situation just drop your pants.
When in doubt whip it out got bobby tang from his lover.

I whip it out whenever I can 

a undefined saying used by Michael Buckley in his famous Youtube series WHAT THE BUCK?!
I love you bitch...I whip it out whenever I can...I don't know what that mean..WHAT THE BUCK?!