Boss: What is this "Red File" people keep telling me you're working on? Wally: Do you remember giving me this secret project, or should I spread the rumor that you have dementia? Boss: Oh, now I sort of remember. Wally: Good. Now run along while I work on the red file.
Wally: It's easier to create the illusion of work than it is to do actual work. That's why I carry this red folder with me wherever I go. Man: Can you attend a design meeting at two? Wally: Ooh... I wish I could, but I'm behind on the red file.