The Cat Newspaper meme, famously known as the 'I Should Buy a Boat' cat, features a sophisticated feline in a suit sitting at a breakfast table reading a newspaper. The image originated from the 2008 music video for 'Time to Pretend' by the band MGMT. It gained viral status on Reddit in early 2012 when a user added the iconic caption expressing a sudden, extravagant realization. The meme is now a global symbol for moments of epiphany, humorous mid-life crises, or the sudden urge to make an impulsive and significant life change.