This is a phrase made as a response that can be said in rebuttal to a stupid comment about something that is completely untrue. It's purpose is to sarcastically add on to the other person's fib with another lie to go with it, showing them how they are incorrect. This particular phrase is derived from the fact that Elton John is gay, and therefore saying this would mean you are lying.
RJ: Bush is a warmonger!
Ryan (Me): yeah...and Elton John's Straight!
The Kentucky Yankee, proud UrbanDictionary user giving you great comebacks since August 1, 2004.
A delightful cocktail shot consisting of 1 part Cointreau, 1 part Mozart chocolate liqueur and 1 part Mozart white chocolate liqueur (or Baileys).
Should taste and resemble as if EJ has post bumlove, shoved a Terry's Chocolate Orange up his foosty farter as a buttplug to prevent man custard seepage, then as this begins to melt a willing gimp felches his manky ringpiece, spitting the contents in equal measures into shot glasses.
Barman those shots were amazing! What do you call them?
The manly stench of a man named Elon Musk after he had worked 100 hours during the week and slept on the floor at Tesla.
As Elon Musk slept his usual two hours a week, a collection of Tesla engineers proceeded to sniff him, gaining knowledge of the universe through Elon's Musk.