A joke popular with people who oppose communism or socialism (or otherwise any kind of planned economy), referencing how former Chilean army general, Augusto Pinochet was notorious for throwing the dead bodies of commies into the ocean out of a helicopter.
Person 1: Ya know, Marx was right, we should abolish private property Person 2: Heh, you should sign up for one of Pinochet's Helicopter Tours
Is when a male is wearing shorts that are SOO short and tight that it pinches the dick and nut sack area. Opposite of "coochie cutters" as when a female wears "booty shorts" or tighttight shorts therefore cutting into the vagina area.
"Girl did you see his dick and nuts in those peter pinchers he's wearing"?
"Yes you could tell he was 2 inches soft and he shaves!"