A fork of Rural Dictionary
FAG is the name given the Film Actors' Guild of peaceniks in "Team America." Alec Baldwin is the head of F.A.G., Film Actors'Guild, not Ben Affleck. Affleck's little buddy from that Mork from Ork movie, Matt Damon, is in 'Team America,' delivering his one line, 'Matt Damon,' a la Timmy. Kim Jong Il invites F.A.G to a world peace summit.
For example,"Some day they will say 'Thanks, F.A.G.'" Nice job, F.A.G.