Fancy wancy jim jams
(N) a catch all term for the older generation to use when discussing the new technologies that are used by the younger generations, such as Ipads, Facebook and Groupon. Can be used to describe High Tech, or Fancy bling
"These kids today with their fancy wancy jim jams and what not." Spoken by a 78 year old man in Miami Beach, while complaining that the store clerk was updating her Facebook status, while waiting on him