The humorous conversations you have (usually while drunk or high) that go on about abstract, "what if" scenarios for very long lengths of time, usually until someone says something stupid and you all quit so they won't talk again.
We had a flying horseshit conversation about maxi pads, and decided that they would be better off called "blood sponges," prompting the new cartoon character "Blood Sponge Square Pants."
by Jake December 10, 2003
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