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Billy Packer really [censored] out on that one...
drumroll please for Imus clip
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Packer said by "[censored] out," he meant the Dictionary.com definition, "to tire or weary by labor; exhaust."
"The term has nothing to do with sexuality," Packer said. "I think he is the most eligible bachelor. It's about a guy too lazy to get the work. ... I can assure you I will use that phrase again and I won't think twice about it. My meaning is genuine."
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I think this is a case of old people talking different.