Eat the peanut 

So extreme ass-kissing as to ingest an undigested peanut from the recipient's rectum.

To win his boss's favor, Ed had to eat the peanut.

Eat the peanut by edmk5000 June 3, 2010

I'd eat the peanuts out of her shit

An expression used to signify the extreme hotness of a female.

Dude#1 "Mate check that bird out!"
Dude#2 "Holy fuck, i'd eat the peanuts out of her shit"

OR
Dude#1 "That bird off Desperate Housewifes is well sweet"
Dude#2 "She's so hot I would eat the peanuts out of her shit"

I'd eat the peanuts out of her shit by Stephen Canavan June 29, 2006