fagguminati 

Combination of a word fag/faggot + illuminati. Secret society, member of which are faggots. Presumably the once, who want to establish New Gay World Order (NGWO).

Steve: Hey, John. Did you hear abot fagguminati?

John: Come on, Steve, you once again speaking about crazy conspiracy theories.

fagguminati by penumbrumobscurum July 30, 2023

faggination 

Doing something dopey or stupid. A second meaning could be an act of homosexuality. It is used in a sarcastic manner.

Nick: wtf was he doing back there.
Joey : Faggination.

faggination by Kay S April 11, 2007