n. A person who elected to ex-patriate themselves around the time of the
2004 elections and are now returning to find a distressed housing market, rock
bottom mortgage rates, collapsed stock market and other circumstances that are
ripe for exploiting when exchange rates on the dollar are strongly in your favor.
With four more years of Bush looming, Bill
left in
2005 to work in Malaysia and is now returning as an expatbagger. He bought a $2M estate for $1.2M...with
cash.