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"Flip" is (widely used as) a Racist term, directed at those of Filipino Descent.
The usage began in the Military, along with many other ACRONYMS, both formal & slang (WAC: Women's Army Corps; FUBAR: F**ked up Beyond all Recognition).
FLIP= Originally a hostile term: "F**king Little Island People"; transformed occasionally into a still degrading, but more Politically Correct, version: "Funny Little Island People".
Today The term Flip, has created the same strife among Filipinos, that the term "N*gger" has among African Americans. Some Filipinos have adopted the term as their own & use it as a Racial Pride statement. New variants, such as "Fine Looking Island Person", have emerged. Other Filipinos strongly feel that using labels that were "given" in a Culture of Racism can only ever ingrain feelings of Racial Inferiority & internalized Self-Hatred.
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