An affix for the term Phan. Used when you’ve been through the deepest depths of Phan that you have forgotten what it’s like to be remembered. Being in limbo in the realm of Phan, you have created a life there keeping all of your sanity and precious possessions in your Phanny Pack.
Ben: Ah, what beautiful weather it is in this cave. I wonder what the sun is like. Come on Wilson, let’s go hunt for some Bloomin’ Onions. Where’s my Phanny Pack.
12 step recovery jargon referring to someone new who talks about how great life is, now that they'resober. Usually meaning that the person is out of touch with reality.
The new guy seems pretty happy for a dude who has no job, no money and no family. He must be on a pink cloud.