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Larry King coined the term "Wakaloo" as a duplicate meaning for socialism. It's used as a place holder to advocate for political discourse since the term "socialism" has been misunderstood and negative stigma applied. In order to prevent a discourse of semantics, wakaloo is used to avoid arguments.
Before its collapse in 1991, the U.S.S.R was a wakaloo state.
Wakaloo by InsanityChicken March 11, 2020
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You call someone a wabaloo when they are doing something silly, or you are joking with them.
Look at him, that wabaloo is wabalooing around the basement eating Cheerios as he walks in circles.
Wabaloo by Xylophoned January 10, 2022
An individual person, or politician, who continually makes foolish statements, comments or surmises. Usually such statements or comments when made online are hidden behind screennames or aliases.
Speaking on soldiers trading images of war dead for porn, John Timor said "In prison, people trade for cigarettes. This is no different. You are all slaves."

John is a wackaloon.
wackaloon by TIZReporter October 10, 2005
Someone whose behavior bypasses moron idiot and dumbfuck. Characterized by saying or doing the same stupid thing over and over even though others have pointed out your ridiculous behavior.
shippinggirl: any white men ages 27-35 good looking west or east side not heavy message me.

shippinggirl is a wackaloon.
wackaloon by missygee September 16, 2005

wabaloobas 

Extra large tits ! An extension of 'wabs' that I made when very drunk.
'Check out the tits on her'
''WABALOOBAS!''
'For sure'
wabaloobas by B e z z a July 29, 2006

wakadoodle 

(n.) A person who instantly catches your attention, who is dressed in outlandish clothing, or acting out in an awkward way,or just plain freakish.
Basically a cross between a wacko and a noodle?...
A person who walks around in a banana costume may be considered a wakadoodle.
wakadoodle by Randa is a panda September 15, 2013
A person on the brink of a mental breakdown, exhibiting signs of insanity, irrational behavior,
foaming of the mouth, and embarrassing facial twitches.
She turned into a wackaloon after we got married.
wackaloon by VAKI5 August 18, 2003