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		 My husband's older fruit of the loom underwear has problems like you've described.  It is also poorly sized and falling apart at the seams.  I don't want to know how old it is (likely hand-me-down from a sibling who decided tighty whities are for wimps, well before our marriage).  Bought him a brand new package in the appropriate size about a year ago and they're still going strong.   
 
Moral of the lesson:   
- learn your size 
- old underwear does this 
		
		
		
		
		
		
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