1. A technically bankrupt company that is kept alive with large infusions of government money for the sake of "stability" in the U.S. financial system. 2. A large financial company with negative net worth that continues to operate, despite having no clear path to solvency. 3. The UnDead of Wall Street.
"AIG is the premier example of a zombie company -- kept alive only by $120 billion in federal bailout money. Apparently, it's considered too large to fail."
by Peter Kobs March 09, 2009
1. A scientific way to calculate the true costs of massive oil spills, such as the BP Deepwater Horizon disaster in the Gulf of Mexico.
Spillonomics was conceived shortly after the 1989 Exxon Valdez spill in Prince William Sound, Alaska. Sadly, it has become a major growth industry in the last 21 years.
Unlike other methods favored by the petroleum industry, Spillonomics takes into account both short-term clean-up costs AND long-term costs related to marine ecosystems, tourism, fishing, coastal employment, real estate values and water quality.
2. Dick Cheney's latest nightmare.
Spillonomics was conceived shortly after the 1989 Exxon Valdez spill in Prince William Sound, Alaska. Sadly, it has become a major growth industry in the last 21 years.
Unlike other methods favored by the petroleum industry, Spillonomics takes into account both short-term clean-up costs AND long-term costs related to marine ecosystems, tourism, fishing, coastal employment, real estate values and water quality.
2. Dick Cheney's latest nightmare.
by Peter Kobs June 01, 2010
1. A major news event that reveals someone's true values and personality.
2. How people react to a massive disaster, such as the Haiti earthquake of January 2010 -- with compassion and care, or sarcasm and selfishness.
Following the Jan. 12 earthquake, most people expressed sorrow and an urge to help those in distress. However, some people resorted to "blaming the victim" or condemning "taxpayer-funded" relief efforts. Hidden hatred of minorities, poor people and "foreigners" is often at the root of such heartless statements following a major catastrophe.
2. How people react to a massive disaster, such as the Haiti earthquake of January 2010 -- with compassion and care, or sarcasm and selfishness.
Following the Jan. 12 earthquake, most people expressed sorrow and an urge to help those in distress. However, some people resorted to "blaming the victim" or condemning "taxpayer-funded" relief efforts. Hidden hatred of minorities, poor people and "foreigners" is often at the root of such heartless statements following a major catastrophe.
Two famous men failed the Haiti Test this month: Pat Robertson said Haiti was being punished by God for "making a pact with the devil" in the late 1700s. Rush Limbaugh called Haiti relief efforts a political ploy by the Obama administration to "burnish his reputation" with the light-skinned and dark-skinned black community" in the U.S.
by Peter Kobs January 18, 2010
1. A version of paranoia associated with former Alaska Gov. Sarah Palin, who recently announced that health care reform will create "death lists" of people to be killed by the government.
2. Anyone who embraces the delusional, hate-filled ravings of Sarah Palin.
cf. Birther, John Birch Society, conspiracy cults
2. Anyone who embraces the delusional, hate-filled ravings of Sarah Palin.
cf. Birther, John Birch Society, conspiracy cults
Marvin has become a true Palinoid. He thinks Obama is an Indonesian terrorist trying to poison us through telekinetic Swine flu contagion. I think he's been listening to Sarah Palin too much on Fox News.
by Peter Kobs August 09, 2009
1. An idealized town, hamlet or village built solely for propaganda purposes -- usually by a totalitarian or autocratic government.
The most famous example is Kijŏng-dong ("Peace Village"), a mostly uninhabited village located in North Korea just beyond the demilitarized zone. It was built in the 1950s to encourage South Koreans to defect to North Korea. (Fat chance.) Officially, Kijŏng-dong is a 200-family collective farming town with all the amenities. In reality, it is used to house DPRK soldiers who patrol the DMZ. The world's tallest flagpole stands nearby.
2. A Propaganda Village is a real-life version of a "Potemkin Village." According to myth, Russian ministry Grigory Potyomkin tried to impress Empress Catherine II in 1787 during her visit to Crimea by building fake peasant buildings (facades only) along her travel route. Historians now believe this was a rumor drummed up by Potyomkin's enemies. What he really did was get local peasants to spruce up their homes in advance of the monarch's visit.
The most famous example is Kijŏng-dong ("Peace Village"), a mostly uninhabited village located in North Korea just beyond the demilitarized zone. It was built in the 1950s to encourage South Koreans to defect to North Korea. (Fat chance.) Officially, Kijŏng-dong is a 200-family collective farming town with all the amenities. In reality, it is used to house DPRK soldiers who patrol the DMZ. The world's tallest flagpole stands nearby.
2. A Propaganda Village is a real-life version of a "Potemkin Village." According to myth, Russian ministry Grigory Potyomkin tried to impress Empress Catherine II in 1787 during her visit to Crimea by building fake peasant buildings (facades only) along her travel route. Historians now believe this was a rumor drummed up by Potyomkin's enemies. What he really did was get local peasants to spruce up their homes in advance of the monarch's visit.
by Peter Kobs June 08, 2010
1. A city with widespread and pervasive gun violence.
2. A dangerous neighborhood or part of town.
3. A place where young people get "popped" on a regular basis by rival gang members or criminals, usually between 10 p.m. and 5 a.m.
2. A dangerous neighborhood or part of town.
3. A place where young people get "popped" on a regular basis by rival gang members or criminals, usually between 10 p.m. and 5 a.m.
by Peter Kobs August 12, 2009
1. A lightning-fast, incredibly accurate pass from Drew Brees, quarterback of the New Orleans Saints.
2. The weapon that propelled the Saints to victory in Superbowl XLIV.
2. The weapon that propelled the Saints to victory in Superbowl XLIV.
The Colts thought they had the game sewn up in the first half until the Saints started pummeling them with a flury of Brees Bombs. By the end of the fourth quarter, the vaunted air war was over and New Orleans had won by 14 points. Who dat!
by Peter Kobs February 08, 2010