A wad pecker is somebody who spends their spare time (and in fact all of their time) pecking wads from the floor, and any other place the wads may have been deposited. these foul creatures of the night feed only on semen, anal seepage, and nipple blood.
Dave to Pete:
"Wow, would you look at that wadpecker."
Pete to Dave:
"No, no I wont."
Dave to Pete:
"You're going to rape me, aren't you?"
Pete to Dave:
"Why yes, yes I am."
Someone who is addicted to obtaining money and building wealth. A money addict and fanatic. Breadheads often work more than one full-time job, and some even participate in illicit activities to "obtain the bread".
I don't buy the schmegegge about Morty sleeping with Moira.
His version of the story was pure schmegegge.
The whole schmegegge was made up to get Liz a little bit of attention.