A combination of the words "Pale" and "Mexican" meaning a very white or pale Mexican or Hispanicperson.
Alberto: Have you seenMatthew Sosa?
Brooks: Yeah, he's really pale, and I find it hard to believe he's Mexican.
Alberto: Yep, so I guess he's a Paleican.
Nickname given to bales of marijuana thrown overboard or out of airplanes. Origin is reportedly from members of the US Coast Guard in the area of Southern Florida.
"Base we've got some square groupers floating outside of Miami harbor."