You'll never convince me that Donald Trump was selected by "elites". His policies might be good for the elites, but he was voted in by the people that think a secret cabal of elites run everything.
'I Am a Man Who Stands By His Words': Unapologetic North Dakota GOP Leader Quits After Racist Tweet Suggesting Black People Should 'Move to Wakanda' Resurfaces
I think the racists connotation came first, but I also heard it explained as an acronym - "Race Inspired Cosmetic Enhancement"
I came to post that one.