The chips left at the bottom of a McDonalds paper bag. They are usually the ones that have fallen out of the fries holder.
Eddie : Take your food out and give me the bag
Ben : Hmm ok *passes the bag*
Eddie : YES, I get the bag chips!
Ben : Dammit!
by Eddie L August 16, 2006
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Someone so awesome that they are not only "All That", but are sweet enough to be "All That" and a bag of delicious potato chips.
"She was all that. AND a bag of potato chips"

"He ain't all that and a bag of potato chips"
by BJN47 April 8, 2010
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Something you say when someone is boasting/threatening you and is acting like a bastard. It can also be used as a joke. It's pretty rude, and is also a quote from Austin Powers, so you can follow it up with something really dumb to say and everyone will think you're REAL funny.
Dr Evil- You Ain't all that in a bag of potato chips!
President of USA- What??
Dr Evil- Don't go there girlfriend *click* Mm Hmm!
Scotty-Dumbass!
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