2. God Damn British Broadcasting Corp.-- Usually used by Brit-fags when describing their heavily censored popular national news Corporation, when describing any story covered by them, and subsequently blown out of proportion
Guy1: Ye, my girlfriend wanted me to go out and buy female condoms, when male ones are like 3x cheaper.
Guy2: Ye, GDBBC
2. Talking about the news
Guy1: Did you see the report on IRaq last night?
Guy2: Ye, that was stupid, GDBBC