Wampum is a hole in the ground. It's right smack in the middle of Ellwood and New Castle in a very tiny area that nobody knew which town to consider it. They came up the wonderful name "Wampum" and called it a borough. Not many people know where the real Wampum is located considering that nothing is there besides a bridge, a few houses, and maybe a town market. The definition of shit. Population...23. If they're lucky.
12 step recovery jargon referring to someone new who talks about how great life is, now that they'resober. Usually meaning that the person is out of touch with reality.
The new guy seems pretty happy for a dude who has no job, no money and no family. He must be on a pink cloud.