A filibuster is when a legislator takes the floor and doesn’t surrender it, usually in an effort to prevent a vote on a certain proposal. The legislative process must wait until the filibuster ends.
 
“A filibuster, throughing (sic) your wait around” was posted by Henry Cate II to the Usenet group rec.humor on June 7, 1990. “Throwing your wait around” is a pun on “throwing your weight around,” meaning to wield influence over others. “Filibuster, n.: Throwing your wait around” became the popular form of this one-line saying by at least 1999.
 
   
Wikipedia: Filibuster
A filibuster is a type of parliamentary procedure where an individual extends debate, allowing a lone member to delay or entirely prevent a vote on a given proposal. It is sometimes referred to as talking out a bill, and characterized as a form of obstruction in a legislature or other decision-making body.
     
Google Groups: rec.humor
Some old stuff, one liners, puns
Henry Cate III
6/7/90
(...)
A filibuster, throughing your wait around.
 
Google Groups: chile.rec.misc
Vinko
5/26/99
(...)
filibuster, n.:
Throwing your wait around.
 
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Initech
‏@iminitech
filibuster, n.: Throwing your wait around. #InstantFollow
6:46 AM - 20 May 12
   
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Waka Flocka Fliz
‏@WakaFlockaFliz
#filibuster, n.: Throwing your wait around.
3:19 AM - 3 Oct 12
 
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0xSeg Fault
‏@0xSegfault
#filibuster, n.: Throwing your wait around.
10:08 AM - 3 Nov 12