Co-lass-ter-bay-shion. A cross between the buzzword "collaboration" and masturbation. In short, people spend so much time "collaborating" that nothing ever gets accomplished.
"Dude, we've spent three weeks collaborating on this issue and we still haven't done anything."
"True. We need to stop all of this collasturbation."
Fogey/fogy /fougi/ sl. (early 18C+, orig. Scot) old-fashioned, stuck-in-the mud.
Person with old fashioned ideas which he is unwilling to change: Come to the disco and stop being such an old fogey!
You think me an old fogeyand an old tory, his thoughtful voice said. I saw three generations since O’Connel’s time. I remember the famine. Do you know that the orange lodges agitated for repeal of the union twenty years before O’Connel did or before the prelates of your communion denounced him as a demagogue? You fenians forget some things. (James Joyce, Ulysses. Penguin Books,1992. p. 38)