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Peter Kobs's definitions

Minute Money

1. Cash that's urgently needed (usually by a teenager) to purchase additional cell phone minutes. 2. The reason why pre-paid cell phones are so cheap.
"Dad! I need some Minute Money so my girlfriend can text me after the party tonight."
by Peter Kobs July 8, 2009
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Warm Wanter

1. Someone who lives in a cold region of the world who secretly hopes for Global Warming to accelerate.
2. The anti-scientific feeling you get in Michigan when it snows -- AGAIN -- in late April or early October.
3. A surrender to climatic selfishness at the expense of global environmental collapse.
John became a Warm Wanter after it snowed on Earth Day -- April 22 -- for the fourth year in a row!
by Peter Kobs May 18, 2009
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Turnaround Tipster

1. An economist or investor who claims to know when the stock market has "bottomed out" based on inside information or a unique set of obscure metrics. 2. Someone who tells you to "get back in the market" because the turnaround has begun. 3. A charlatan.
Ted says we should start buying stock again because the semi-conductor market is firming up in Taiwan. He's one of those Turnaround Tipsters on CNBC.
by Peter Kobs March 10, 2009
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Rendezvous with Reality

1. A sudden encounter with economic reality that dramatically changes one's perceptions, plans or outlook.
2. A rude awakening to the stark differences between fantasy and actual life.
3. The dramatic change process that began in September 2008 with the collapse of the U.S. financial system.
Jean was planning to buy a vacation home in Hawaii until she had a Rendezvous with Reality -- her retirement fund had declined 50% since last fall.
by Peter Kobs May 19, 2009
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Chain of Lies

1. An e-mail chain containing defammatory or false information that is spread far and wide by partisan believers in an attempt to paint a negative image of the opposition.

2. The act of forwarding sensationalistic, untrue reports without checking their veracity.

3. How lies go viral on the Internet.

4. A modern-day illustration of Mark Twain's adage: "A lie can travel halfway around the world while the truth is putting on its shoes."
You know that story about supposed "FEMA concentration camps" in the desert? It's just part of that Chain of Lies started by that militia group in Texas.
by Peter Kobs August 21, 2009
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Prisoner of the Present

1. A person whose entire worldview is shaped by current events, stumbling along from one crisis to another.
2. Someone without a historical perspective or hope for the future.
3. The mindset that causes "knee-jerk" reactions to almost any kind of social or economic change.
4. A state of perpetual panic about "the world today."
Larry says the U.S. economy will never recover no matter what happens in Washington -- he's a typical Prisoner of the Present.
by Peter Kobs June 4, 2009
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Paygo

1. Shorthand for "pay as you go." This zippy little term was used by President Obama in February 2010 to describe his new approach to federal spending and fiscal discipline.

2. The opposite of "buy now, pay later."

3. An idea whose time has not yet come, at least not on Capitol Hill.
"Let's invest $58 billion in a new Highway to Nowhere up there in Alaska. It'll stimulate the economy for sure!"

"No way, buddy. We're on the Paygo plan now."
by Peter Kobs February 14, 2010
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