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When someone has deep, dark bags under their eyes, as if they haven't slept in three years. Usually a sign of mild insanity. Named after New York gubernatorial candidate and businessman Carl Paladino.
Girl 1: "He seems cute, you two should go out."
Girl 2: "No way! He has Paladino eyes, and you know what that means."
by Majic-Man October 20, 2010