Since in US TV offensive language is often beeped out and this is considered annoying and unnerving by many viewers, "to beep the fucks" is used as a synonym for "to suck".
Man, failing the exam would really beep the fucks.

My car is broken. - Dude, that beeps the fucks.

That movie just beeped the fucks ... big time! We should've watched something else.
by Wurzelgnom November 23, 2007
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when rachel farts really loud everyone turns to her and says 'beep fucking beep'
oh rachel 'beep fucking beep'
by Rachel Pearson April 21, 2004
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an exclamation, mainly used under two circumstances:
1. unbearable rudeness
2. unbearable absurdity
example one:

Margot: Man, I love getting to use the 10 Items or Less Lane at the grocery store!
(Franny cuts in front of her in line and proceeds to unload her full cart of groceries)
Franny: (to Margot) Sorry dear, I'm a little over the limit.
Margot: (to self) ...beep...beep, SHUT THE FUCK UP!

example two:

Zach: (watching Dancing With the Stars) Is that really Slater from Saved By the Bell dancing the tango?

Michelle: BEEP BEEP shut the FUCK up!
by Alexxxandra November 30, 2006
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