A form of government much like communism but ran by a senate or house not a dictator. The main colors are red and Kermit green. this government would also follow the beliefs of kermit and the muppets. Kermitism is a peaceful form of government and would be focused on creating a peaceful equal utopia. You would be payed mostly on your needs but somewhat how hard you work. With this government the world would be a better place.
If you are trying to find a more subtle way to announce your future death or simply a cry for help try using this word in front of your teachers and colleagues.