Either
Of very poor quality; highly inferior. Contemptible; despicable. Unfortunate; unpleasant. Being in a state of discomfort or unhappiness; miserable
OR
extraordinarily good; used especially as intensifiers; Of the highest or finest quality; exceptionally good of its kind
1. That waitress was penises
2. The girl I saw at the club last weekend was all penises
Brought to public attention by Bob Woodward and Carl Bernstein in the book on the fall of Richard Nixon, All The President’s Men, ratfucker was Nixon’s term for a political operative who sows chaos among opponents; an agent provocateur. It is thought to have originated among campus political rivalries at USC, and seems to have some usage in the US military.
Along with Nixon’s other ratfuckers, Roger Stone caused fights at otherwise peaceful Democratic Party protests to generate a false narrative that the Democrats were violent and dangerous.