The "Dominant Graphic Arts Feature" of the NEW LOGO of the Republican National Convention of 2008 (RNC-08) ; Refer to the following graphic example.... Oddly enough showing the dominant color "Blue" ; “Traditionally” the color representing the “Democratic Party”. (RE: Oddly enough, the Urban Dictionary" has a previously coined definition for "BLUE ELEPHANT" as follows: A big fat loser from the San Diego area who likes to behave inappropriately toward women. Also a term to describe a cross-dresser who enjoys anal sex.
The RNC political convention is being represented by a trademark showing identification as a "Blueelephant".
Short-hand for the word floccinaucinihilipilification, meaning the estimation of something as valueless (encountered mainly as an example of one of the longest words in the English language).