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the shit and the piss 

I'm keen to see the shit and the piss get up against the Liberal Party (Carlton) on the weekend.
the shit and the piss by tigga72 January 12, 2009

The Shit's Tits 

The shit's tits refer to the best part of a bad situation. Referring to the bright side of something negative.

Somewhat the polar opposite of the bee's knees.
I fell down pretty hard on those steps...but this bitchin' arm cast is the shit's tits!
The Shit's Tits by Turdburglar1991 September 30, 2010

the shit's tits 

Mostly you would say something is "the shit" if it's bangin or something, but if it happens to be particulary phat, you could elaborate, saying something is "the shit's tits" being the best or most valuable part of the shit, or the "best of the best."
igg 1: You ever had Smirnoff Ras with Cranberry and Grapefruit juice?
igg 2: Yeah dude, that stuff's the shit's tits!
the shit's tits by Adam November 29, 2007

The Shit Festival 

An undesirable state of being, for either a person or a group. A place of anger, shame, humiliation and fear. A term used to describe individuals mood, attitude and metaphysical location.
Yo, The Giants are down 42-7
Oh My God, we are in The Shit Festival...

Dude, you didn't lock the keys in the car, did you?
... We are in The Shit Festival
The Shit Festival by G. Sant October 19, 2010

The Shit Shack 

A local ice cream establishment in Bayville, NJ. Known for it's shitty service and ice cream. The ice cream is often the culprit for massive amounts of diarrhea and food poisoning.
"Dude how are you feeling?!"

"Not good man. I went to the Shit Shack last night and my diarrhea exploded."

the shit and the urine 

When one is even better than "the shit". One's coolness is all-encompassing, barely leaving any room for anyone else to be cool as well. Introduced by Kanye West in the T.I. song "Swagga Like Us".

As it was coined by Mr. West, it pretty much means you're a pretentious ass-hole if you say it. Plus, it's kind of a lame metaphor.
Example 1:

Kanye "How's it feel to wake up and the shit and the urine?"

Example 2:
"Oh man, Charles Bronson is the shit and the urine!"