Mashup of the words Flawed and Logic.
Literally translates to "flawed logic."
Friend 2: That sounds absurd.
Friend 1: Guy in the article says "If everyone is a gay, this world will cease to exist in ten years."
Friend 2: *Sarcastically* Well, it's hard to argue with that flogic. *Facepalm*
Guy#2 ' Before or after they haul your statutory ass off to jail? .... nice flogic bro.'
Example 2 : Spongebob Squarepants