@DrewDad,
GOP is actually the acronym for Glazed Ottoman Pastry. In 2008 it stood for Giddy Over Palin.
Other possibilities considering their philandering while trying to convince us they are looking out for us, would be
Grandstanding Old Perverts, Gulf Oil Please, Grease Our Palms
If the Repubs lose next year (almost a certainty) GOP will stand for Go Out Pissing (as in pissing and moaning about how evil the other side is, but offering no solutions))