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I STILL can't believe it's not butter! 

What Peter Griffin likes to say at random times, usually after other characters say "I can't believe..."
Meg: I can't believe I'm still jealous.
Lois: I can't believe I touched him.
Peter: I still can't believe it's not butter!

I can't believe it's not butter! 

A butter substitute made of vegetal oils and frequently used as a spread. Sometimes its name is used as a humorous/sarcastic reference to a sub-par substitute to something.
<Eats a piece of toast>
- Just a moment, is it butter?
- No, it is "I can't believe it's not butter!"
- Well, *I* can believe it is not butter.

It's just like butter and cream

A saying pioneered by Carruso implying something is smooth like butter, or perfect / clean
*Scores rocket league goal*

Drone - "It's just like butter and cream"

It may be shit to you, but it's bread and butter to me 

A typical Plumber to customer remark on viewing a well blocked toilet," It may be shit to you, but it's bread and butter to me"
Embarassed customer- I'm so sorry but the toilets full of floating shit and paper, it makes me want to throw up.

Plumber- Do not worry madam, It may be shit to you, but it's bread and butter to me.

I can't believe it's not butter! 

The exact opposite of a butter face. A girl who has a great face but not a good body.
I diagnosed myself with I can't believe it's not butter! I so need to start working out!

I can't believe it's not butter! 

A popular phrase to say when you are currently in denial that what you have been served on your warm toast is not butter, but rather, margarine.

The phrase became especially after a brand of margarine used it as their name, to show just how their margarine was more similar to the real thing, however, now it's pretty normal that margarine tastes like butter.
Person A: This toast is so tasty. What is the brand of butter you use?
Person B: That's not butter, that's margarine.
Person A: What? I can't believe it's not butter!