A term used to describe a daddy that has blue eyes and knows exactly what he's doing. A blue eyed daddy usually rules the kingdom but keeps his boy happy in every way possible. Blue eyed daddy's are difficult to find, and there are many fakes out there, but once you find a real one there is no turning back.

a pseudo-racist slur about white people-similar to whitey, whiteboy, cracker, red-neck, white-trash, honkey, etc. However, since it is directed at white people it is by definition not a racial slur, but can be said freely by Persident Barack Obama, Rev. Al Sharpton, Rev. Jesse Jackson, Carlos Mencia, George Lopez, Geraldo Rivera, NAACP, LULAC, etc. without anybody calling them on it.

a white guy with blue eyes who acts like a g.

Reference to a person in an organization or group who is looked at favourably by others. The saying comes from animals that look cute and sweet. A 'blue eyes life form' person would always be clean, tidy, presentable, have a smile, very keen and ready to please.

A splurge of Jism through one's penis

Yeah, people actually do use this term, but they get it wrong mostlys.

Masturbation.
In other words:
Choking the chicken
Choking the monkey
wacking off
jerking off
shaking hands with man's best friend
teasing the weasel