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"Armchairs, Binoculars, Coors" Event - a type of emergency during which no response can resolve the emergency. The implication is that in such an event, the only appropriate response is to get a comfortable viewing position and wait it out.
"If the entire internet goes down, it's an ABC Event for us anyway so really there's no use in planning for contingencies."
by chorder July 23, 2012
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