One of those bullshit rhymes you said back in elementary school when some cock-juggling thundercunt decided to cut in line at the drinking fountain, lunch, etc.
Hearing this after nearly two decades can cause a nostalgia breakdown.
A common term used by aesthetically pleasing males, in lay mans terms you will not get girls (or sluts in this case) if you are not shredded (cuts referring to the outline of muscle as a result of low body fat)
Skinny Dude: I'm a nice guy why don't I pull as much as you?
Aesthetically pleasing male: hey bro what can I say no cuts no sluts
Ruler of Lake Titicaca. Rumored to have a bunghole that gets very angry if it does not receive toilet paper. Cornholio the Great is often seen walking around with his shirt over his head and his hands in the air, chanting songs about his power, and his bunghole.
"I am Cornholio! You do not want to face the wrath of my bunghole, for I need TP!"
Butthead: Shut up, Beavis! (uh huh huh huh)
Beavis: Um, okay. (heh heh heh heh).