a word derived from the term MILF (Mom I'd Like to Fuck), in this case the word VPILF mean, Vice President I'd Like to Fuck. Referring to the sexy librarian and vice president hopeful, Sarah Palin running alongside John McCain in the 2008 presidential election.
Hey Collin,Did you see that VPILF on the news yesterday?
No, Jason. What's that?
a Vice President I'd like to Fuck!