This is a nothing expression, but is from the South Park
movie. I believe Terrence or Philip called the other
one this, but it is in the first 10 minutes of the movie.
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From my Peruvian ex-roomie I learned that it was for peasants or general degragatory for poor people; or in the opinion of the rich people 'the indians'.
In response to my concern of the army harming poor people during a soccer riot "They are cholos, their silly lives mean nothing" (this is quite an effective insult, but could get you killed) and also his telling me a story about his relative running over a poor person with his jet boat "He was a cholo, but they had a funeral for him and everything."
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