"Not That There's Any Thing Wrong With That"... this is a line used in an episode of Seinfield where the characters were discussing who was or was not gay amongst their friends and acquaintances. Every time they intimated that someone was gay, they would always use that line to show that they weren't gay-bashing. In chat rooms it is now sometimes used to denote political correctness...
"You know I heard that Joe Schmo was seen coming out of a gay bar with a man on his arm. I think he's gay... NTTATWWT!"
by samiyam July 02, 2006