Waste

Something that comes out the bum or has done nothing for humanity.

Sometimes can be combined, check examples.

Waste =

Something that has come out the bum:
1) Shit

Something that has done nothing for humanity:
2) Dr.Phil

Something that has come out the bum and done nothing for humanity:
3) Oprah Winfrey

by TahliaS January 18, 2009