Quoted from screaminr:
Don't know where you found that .
POM has always stood for Prisoner Of Mother England . Because we were founded by convicts .
We Shorten everything and don't bother with the E
I got it from a dictionary. Snopes.com says the acronyms are false:
Wikipedia also says the acronym explaining it is a false word origin and there are other like it that are also not correct:
"There are several folk etymologies for "Pommy" or "Pom". The best-documented of these is that "Pommy" originated as a contraction of "pomegranate". According to this explanation, "pomegranate" was Australian rhyming slang for "immigrant" ("Jimmy Grant"). Usage of "pomegranate" for English people may have been strengthened by a belief in Australia that sunburn occurred more frequently amongst English immigrants, turning those with fair skin the colour of pomegranates. Another explanation – now generally considered to be a false etymology – was that "Pom" or "Pommy" were derived from an acronym such as POM ("Prisoner of Millbank"), POME ("Prisoner of Mother England") or POHMS ("Prisoner of Her Majesty's Service"). However, there is no evidence that such terms, or their acronyms, were used in Australia when "Pom" and "Pommy" entered use there. Other theories are that it comes from the use of "pom-pom" guns by the British in the First and Second Boer Wars, from a corruption of "Tommy Atkins", or from "Pompey", a nickname for Portsmouth."
Hey! How about a snopes.com pinball machine? I bet the license is super-cheap!
See? I can keep this on track.