Engineering things out of thin air. A conjunction between the words imaginary and
engineering. Basically used to describe how
people first say that something will be made or done, then actually get down to doing it.
A classic example of imagineering in action is how America is "dealing" with its
financial crisis by just making more money without
logically thinking about all of the
consequences that will follow. Tsk tsk America, you be fuckin up.