A phrase popularized by Paul Saunders of Loading Ready Run in the video 3 PS3s. It is used after telling someone what you have/have accomplished to add insult to injury. You do not need to produce a cake, only something edible (such as pie, as detailed by Morgan vanHumbeck in Computer Envy)
Person 1: Man, I can't get Recon in Halo!
Person 2: Well, I have Recon Armor. Also, I have this cake.
Person 2: Well, I have Recon Armor. Also, I have this cake.
by K2Fer October 9, 2009
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