Yes, Facesquatting: proportionally, the dirtiest term possible for the most inane thing it could be applied to, which, in this case, is taking a Facebook user name that's not yours. And now it's a hysterical, brainless internet meme.

For a hot minute last year, funny internet videos of idiots smoking salvia were the thing. Then smokin' Smarties came along, and the appeal of salvia faded. But now it's back! This is just what America's funemployed citizens need:

Yes, the Kari Ferrell thing looked like it was getting played out, but a tipster snapped this poster at "a thing in Williamsburg on Friday night." A good grifter is always on the comeback!

For the first time in almost a week, hipster grifter Kari Ferrell has failed to yield an amusing new bauble, and thank god for that. The Kari Ferrell meme is too weak to sustain itself.

Hipster Grifter Kari Ferrell's old roommate says "She just texted me two days ago to talk about the Utah Jazz." And other fun facts! Oh and she already has a celebrity impersonator:

Do you find the Snuggie too cliche, the Slanket too knockoff, the Sealpelt too needy, and the Peekaru too bourgeois? Do you like to wear sleeping bags as clothes? The Lippi Selk bag is for you:

Three finalists remain in our contest to pick a new idea to be painted by pancake artist Dan Lacey. Will it be Rahm Emanuel? Maddow & Olbermann? Or fat Rush and Michael Steele? Vote below:

Now that Late Night has worked YouTube's apoplectic Hong Kong flight misser into its skit lineup, other parodies and mashups can't be far behind. (Or at least SNL.) Clip after the jump.

Well, hold on to your what-whats, because according to this "What's New with Samwell?" YouTube interview, What What (In the Butt): The Movie could soon fill the urban-comedy hole left in cineplexes between Madea adventures. (Indeed, we think Tyler Perry's What What (in the Butt) makes a far more logical casting scenario than the interviewer's suggestion of Leo DiCaprio.) Of course, lifelong "Butt" fan Johnny Depp—who, as Samwell tells it, loves the song so much co-star Marion Cotillard lured the artist to the set for a command performance—could probably spin the material into further career gold, with Tim Burton's help turning the reluctant bottom into another classic fairytale outsider. Like Edward Scissorhand, except with stuff going up his butt. [YouTube]

Just as you knew would happen, those innocent Christian "EX-MASTURBATOR" and "EX-HOMOSEXUAL" t-shirts have spawned knockoffs. Liberals and their "memes" are so predictable:

Did you know that the most important thing about Barack Obama's election is the fact that he's giving hundreds of millions of dollars worth of free publicity to the makers of Blackberry? It's true.

Granted, most of the trends associated with the presidential campaign are morbidly depressing, from hateful posters to bigoted screaming at rallies to Sarah Palin's sad and frightening interview flubs. But in the last few weeks before the election, a flurry of campaign-inspired "yo momma" jokes have taken their rightful place alongside Tina Fey's Palin impression and Chris Rock's "Hillary Lost!" routine as among the rare bright spots. Tech executive Anil Dash got the ball rolling on his Twitter stream last week (see headline to this post!) and the jokes just kept snowballing. "Yo mama so fat, McCain refers to her as 'Those Ones,'" wrote loresjoberg. More:

Have you ever wandered one step too far into the internet and been left scratching your head (the one at the top of your body), wondering what the hell is going on? If you have, chances are you've stumbled upon a "meme," a bizarro inside joke of nerds and shut-ins that eventually slithers its way out to the mainstream world. You know, like that "Chocolate Rain" song or Chris Crocker or Ninja Cat. Just weird oft-emailed pieces of driftwood that (having replaced The Outdoors) fill our idle hours until we gasp, sputter, and expire. To keep you informed on the memedium, a timeline site has sprung up, giving you a brief historie of these useless fascinations. Quick for larger screen grab.

From "Greenoch — Greatest Martial Art of All Time," first posted by a Usenet rec.martial-arts contributor in 1991 to Paris Hilton's Presidential campaign commercial released this week, the below-embedded Dipity timeline features every meme and viral sensation you finally managed to forget.Click to view

The Wall Street Journal would like to inform you about 4chan.org, a "website" that starts "memes" such as "LOLCats," which is "humorous images of cats with loud text beneath them in a fake language," and the "Rick Roll," an "online bait-and-switch" that sends you to "the music video of Rick Astley's "Never Gonna Give You Up," a hit song from 1988." The Wall Street Journal, by the way, is a "newspaper." And formerly anonymous 4chan founder Christopher Poole was on a self-revealing spree, because the same day, Time magazine ran a 4chan story as well. It's a LOL-MSM-MEME unto itself!

The Craigslist Cash-Waver is a certified internet star. When we posted the original photos from his Craigslist personal ad (showing him with a fan of $20 bills to impress the girls), and then his angry voicemail demanding that we take them down or else, little did we know how big he would become. His photos spawned an entire genre of visual remixes, which elevated the cash-waving theme to fantastic new heights. Some of the reaction was stupid, and some was even racist. But some was pure, hilarious magic. After the jump, a photo gallery of the ten most inspired Cash-Waving Craigslist Player Photoshop jobs-a testament to the scary power of smart, mean, bored people on the internet. We fear you all.

LolSecretz, that wonderful mash-up of Post Secret and lolcats, has called it quits. The pressures of facing redundancy and dealing with real life overwhelmed the two charming-looking bloggers. So, we mourn the death of a big, bright flash in this oddly shaped pan. It was great. And that is not untrue. Gudbai, frenz.

Valleywag is of course known for its dead-on accuracy, so our predictions for 2008 need no introduction. Inside, my 25 predictions (made without inside information) cover the futures of Facebook, Google, Digg, YouTube, Twitter, the Wall Street Journal, Apple, Yahoo, Gawker Media, AOL, Dell, LOLcats, the president, and more.