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Derived from the lexicon of Seinfeld, and more properly known as Kramerica Industries, it is a holding company for Cosmo Kramer's various (and often zany) undertakings.

Also may be adapted from the last name of anyone who really isn't doing much with his/her life.
Bushmerica Industries is really going down the shitter. Hopefully it will be taken over in November.
by Michael B. March 02, 2004
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