A luxury version of "thats a good idea". A credit to someone's thought whether it be based on fact or bullshit.
Made popular during Rick Santelli's famous rant about home owner bailouts on live TV.
Santelli: "...give it to people who might have a chance to actually prosper down the road and reward people that can carry the water instead of drink the water?"
Random White Guy: "Thats a novel idea!..."