CBS college basketball analyst Billy Packer recently used the word "fag" in the following context:
"Do you need a runner this Final Four?" Rose asked, "because I could jump on a plane and I could be there."
"You always fag out on that one for me, you know," Packer responded, laughing. "You always say, oh yeah, I'm gonna be the runner, then you never show up.
Source
In Britain, the word "fag" is an old-fashioned word that simply means to tire out, to become tired, and Packer was obviously using it in that way -- but that usage is less familiar in America so Packer promptly became "homophobic". Leftists used to accuse conservatives of seeing "Reds under every bed". These days Leftists see "racism" and "homphobia" under every bed.