A slang derogatory term used for crack cocaine, popularized by the film Talladega Nights. It is often snorted, or in Miley Cyrus's case, it is snorted off of a strippers bootay.
"NO, O'Bannion, you don't undersand, this isn't colombian bam bam on my nose, i was simply making your gay partner a cake."
Reese: There's nothing like fear that will make a man avoid prison, so I taped a bag of cocain under the hood of the car and called the boys in blue. Now the way I see it, you got about two minutes before you're serving 5 to 10. So what's it gonna be: Jail or prison?
Ricky: What are you talking about?!
Reese: Real simple son! Cops are comin', and there's a kilo of Columbian bam bam underneath the car! Time to be a man! You got hair on your peaches or what? Let's go!
"Okay so here's the deal. I strapped a kilo of Colombian bambam under your car and called the men in blue. Now either you grow some hair on your peaches and run or get arrested."
A Shackteau is a humble, weather-beaten, structurally questionable shelter located in a spectacular or highly coveted place—Wales, Jackson Hole, Sun Valley, Crested Butte, coastal Maine, the Alps—where the building itself may be worth almost nothing, but the dirt, view, access, and mythology make it absurdly valuable.
In use:
Shackteâu - We thought it was an abandoned shed until the realtor called it a rare alpine Shackteâu with unobstructed views and listed it for $2million.