Bolo refuses to have a manly steak dinner with WallyB due to the Principality that WallyB is so Pussy Whipped with his Saggy that WallyB only wants to talk about Saggy over dinner.
A "micronation" that exists in Western Australia, and yet isn't recognized by the UN or the Australian government. They have their own legal system, currency, and leader, and diplomatic representation in over 33 different countries.
A reason for choosing a particular course of action when other, clearly less selfish or stupid options were available to you at the time. Most often, these other options include not committing that particular act in the first place.