The term is derived from an alternate epithet of an early California sideshow performer Oofty Goofty. The used of the epithet is a barely recognized example of the racial insensitivity that was prevalent at the time.
The term did not spread very far from it's home state.(The expression, Like The Wild Man of Borneo was probably used mostly in California.)
Someone who is addicted to obtaining money and building wealth. A money addict and fanatic. Breadheads often work more than one full-time job, and some even participate in illicit activities to "obtain the bread".
I don't buy the schmegegge about Morty sleeping with Moira.
His version of the story was pure schmegegge.
The whole schmegegge was made up to get Liz a little bit of attention.
Looking or experiencing something nice after witnessing something horrid like a disgusting gif or a disturbing video. Typically used as eye bleach are nice images of whatever makes the disturbed person happy.