A phrase describing something that is so obviously bad for someone that it is sarcastically described as being great news. Derived from the 2008 Election where FOX news tried to make any news pertaining to the election, especially bad news, as a positive some how for John McCain!
Fox News Anchor: "Today photos were found of John McCain sodomizing his illegal immigrant lawn boy Juan."
Fox News Pundit: "This is Great news! For John McCain!."
Fox News Anchor: "Barack Obama leads in polls 99% to 1% with only 2 days before the election.
Fox News Pundit: "This is Great news! For John McCain!"