A combination of the words "faggot" and "retard". It is used to describe people who are slow witted and/or really weird. This word came to be while looking for more words to describe certain people who piss off people who dont like normal socially active people.
Dude, Brian is such a fagmotard; he doesnt understand simple english and people for some reason still like him... I hate people.
Nickname given to bales of marijuana thrown overboard or out of airplanes. Origin is reportedly from members of the US Coast Guard in the area of Southern Florida.