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power wagging

A term coined by NBC's 30 Rock. It's when you shake your index finger at someone to make a point to whatever you're saying. First used in a season 5 episode called "Plan B" by Jack Donaghy (Alec Baldwin's character).
Liz - "You're looking out for us, right? Pounding on desks and doing whatever this called." (she's shaking her index finger)

Jack - "Power wagging."
power wagging by TURBO1NIX April 16, 2011
To ditch an event or school
"Hey Damo,what did you do on Tuesday?"
"I fucken wagged school because i'm a real Aussie cunt"
"Hey maybe you shouldn't wag school"
"HEY SHUT YOUR BLOODY MOUTH BEFORE I MAKE YOU.Wagging is what a true aussie does,unlike you Clancy"
"Wagging is what a dipshit bogan does because he hates school,and i'm a dipshit bogan that hates school"
Wagging by Wagging April 4, 2015

the tail wagging the dog 

This means that the least important part of a situation has too much influence over the most important part.
Bob:Honey, let's buy new purple carpet to match the purple lamp shade.
Wife:This sounds like the tail wagging the dog.

Tail Wagging 

1. When you create events to happen to suit your agenda.
2. Manipulating the universe around you in such a way that you get what you want and no one knows you set it up.
3. Planned luck.
4. creating a 0% risk event for yourself or others.
Wagging is slang for cutting school etc
oh no ***** and **** are wagging again
wagging by umyeah December 28, 2005

Keep On Wagging 

The ultimate expression of joy, fulfillment and happiness. Most often expressed by dogs through rapid movement of their tails. Also applicable to humans who are dog lovers.
"I Keep On Wagging even though my favorite tennis ball rolled under the sofa."

"My job sucks, but the time I spend with my dog on the weekend helps me Keep On Wagging"