vb gyps, gypping, gypped, gips gipping, gipped
(tr) to swindle, cheat, or defraud
[back formation from Gypsy]
Perhaps PBO thought the term would appeal to the crowd. This was Pennsylvania, after all, the state PBO imagines to be filled with bitter people clinging to "antipathy to people who aren’t like them or anti-immigrant sentiment."
Can you imagine the MSM outcry if, say, Sarah Palin had used the term? Odds that PBO's "gypped" gets any MSM play?