That’s what I thought, too. It’s sort of a babyish expression.
But I have never ever heard of anything getting “wee-weed up.” Did TOTUS just make that one up off the top of its head? Or did these random words just surface on the Magic 8-Ball that is Obama’s excuse for a brain?
It’s the verbal equivalent of him scratching his face with his middle finger. The audience knew exactly what he meant, even though he acted innocent.