of the verb 'to schmeis'. To take other peoples possesions through means of deception, stealing or lying. Objects can include credit cards,wallets, ties in fact any item. Alternatively meaning an overweight german smelly slob.
12 step recovery jargon referring to someone new who talks about how great life is, now that they'resober. Usually meaning that the person is out of touch with reality.
The new guy seems pretty happy for a dude who has no job, no money and no family. He must be on a pink cloud.