A person, place or thing that totally meets and surpasses your expectations; something you can identify with; something that you completely love; in high esteem or much appreciated. Derived from "my momma didn't raise no fool..." May be used in the negative context:"not raised that way" - Add the adverb 'totally' for more dramatic effect.
That pimpin' car is totally "raised that way.
Oooooh....that Gucci watch is totally "raised that way...
Nooo, that cheapo depot is totally not "raised that way...
What Julie in a Hyundai?? Totally not "raised that way!!
When people from Idaho put down the state you were raised in because they are really embarrassed to be from such a shitty state. Most of the embarrassment comes from the fact that Idaho has three things - potatoes, Nazis, and fags.