A journalist who writes about and/or dressed in their underpants. Often referring to bloggers or freelancers who work from home/their parents' basement.
"TMZ may have broken the 'Michael Jackson is dead' story, but they're still a bunch of underpants journalists."
From the TV show South Park. They steal underpants in order to make profit. They even educate children on how profit works. Here's how:
Stage One: Steal Underpants Stage Two: ???????
Stage Three: Profit!
Disposal method when one has sharted in a public place or at the home of friends or family. At work it is best to remove shorts, clean ass, and leave shorts on the coat hook in the stall for someone else to find. If visiting friends or family, it is best to be discrete and leave shorts in the bathroomtrash can and cover with clean TP and tell no one.