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snake oil 

comes from the 19th-century American practice of selling cure-all elixirs in traveling medicine shows. Snake oil salesmen would falsely claim that the potions would cure any ailments. now-a-days it refers to fake products.
"why did you buy that snake oil? it does absolutely nothing!"
snake oil by x March 12, 2004

snake oil 

Medicine or therapy that doesn't work.
Most of the shit sold at health food stores are snake oil products.
snake oil by beavis March 22, 2003

snake-oil simplification

When someone oversimplifies a task in order to get your buy-in. This is something done typically by sales people in order to clinch a sale, or by software management in order to convince developers to assign small estimates to large and complicated tasks
That mgmt slide show was a total snake-oil simplification! When you think about it for a few minutes its clear that providing the functionality described will be a lot more complicated than just plugging component A into server B. Who agreed to the effort estimates on this anyway!?!? We're screwed man, we'll never make this date!

snakecilla

A person (most likely female) willing to let down a group of people in great need.
Bill: Man Priscilla D was supposed to be at this party tonight
Marie: Fuck man that's a snakecilla for ya
snakecilla by dmen$ah August 8, 2013

Snake oil 

any dubious or fraudulent remedy or cure (The route of the fraud the word is derived from resulted from a misunderstanding of a traditional Chinese joint and muscle painkiller derived from the skin of the Chinese water snake)
That snake oil is so obvious. When will people learn?

The Snake Oil President 

Another increasingly popular nickname for the 45th POTUS.
Yes, I am taking hydroxychloroquine and yes I own stock in it and no, I am not The Snake Oil President!