1. "Fantastically Awesome and GreatSummer"; Used when a loser asks you to sign their yearbook, and you don't want to be the thousandth person to write HAGS.
2. Doubles as a subtle insult.
Harvey: Hey, will you sign my yearbook?
Steve: Sure, hey what's your name again? Never mind- "Have a FAGS."
Guy 1: “Why would they storm Capitol Hill?”
Guy2: “ Cuz Guy 1, they’re a bunch of fags...a bunch of Un-American, boot licking, domestic terroristcuck fags”