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1940's & 50's phrase used to describe an event or situation with a disastrous conclusion. Derived from the song Goodnight Irene first recorded by American blues musician Huddie 'Lead Belly' Ledbetter in 1933
"If the Bronco's don't win this round, then its goodnight Irene to the finals"
by Big Kev 83 August 23, 2012
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