Similar to "douchebaggery", means something along the lines of "the act of being a massive cunt". Used when the term "cunt" would be more appropriate than the term "douchebag".
Dennis was annoyed to all hell by the rampant cuntbaggery of most legislators
Nickname given to bales of marijuana thrown overboard or out of airplanes. Origin is reportedly from members of the US Coast Guard in the area of Southern Florida.