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peter kobs's definitions

Notirement

1. The new era of "no retirement" for Baby Boomers who lost big on Wall Street; 2. The unpleasant choice between ceaseless work and late-life poverty.
After the market crashed in '08, Jane started planning for her notirement years.
by Peter Kobs February 1, 2009
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Class Morphing

1. The downward transformation of one economic class into another.

2. The gradual descent from relative prosperity to grinding poverty, usually among formerly middle-class families.
The whole city of Detroit is class morphing into a ghetto.
by Peter Kobs February 6, 2009
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Book Crook

Someone who makes money by stealing books from the local public library, then reselling them online, after removing the security tags and identifying marks.
The book crooks wiped out our entire collection of automotive repair manuals.
by Peter Kobs February 8, 2009
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Street Creep

1. A new perjorative term for Wall Street executives who raked in huge bonuses while plunging the world into economic chaos.

2. A financial advisor who sells Wall Street products on commission.
Did you see the news? Those Street Creeps are taking a private jet to Aruba using our bailout money.
by Peter Kobs February 10, 2009
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