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sloppy cronkite 

To wipe your pre-cum on the upper lip of your partner before he/she blows you, giving him/her a Walter Cronkite-like moustache.
By the way, I actually believe the last time that Doocy used the phrase "this is huge" is when he and Hannity were caught in the broom closet at the Christmas party giving each other a sloppy Cronkite. What? You never had a sloppy Cronkite?!
sloppy cronkite by JoeT December 13, 2008
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sloppy cronkite 

First used on the Daily show with Jon Stewart.
When two people try to get each other off, and the first one to finish says "And thats the way it was".
I'm sure you can think of a way to use it!
Sloppy Cronkite!
sloppy cronkite by Marvin L February 4, 2007

Sloppy Cronkite 

When 2 guys try to get each other off first and the first one to get the other off says "and that's the way it is".

This phrase uttered by John Stewart on The Daily Show 1/29/07
Two guys were in a janitors closet giving each other a Sloppy Cronkite.
Sloppy Cronkite by JustinS2000 February 3, 2007