Expression originated in a school district just outside Albany, NY called Ichabod Crane Central School District ,which would cancel school for snow, even if there were two flurries, or better yet, even if there was no snow.
Everybody in the Albany area wished they went to Ichabod Crane in the winter.
Well, there's a 20% chance of snow, so I guess we'll have to Ichabod Crane the road trip.
Guy 2: Dude, I was banging the hell out of this chick over the arm of the sofa when I totally ichabod craned her.
Guy 1: Happy Halloween, bee-yotch!