Typo made by N.C. suburban sign company while attempting to paint "school" across the road for traffic to know they are in a school zone... Turned into a compound word for *Shits Cool* by renowned American photographer Isaac J. Miller.
Jeremy: I went to Ombudsman school because i wasn't going to get passed for attending alone.
Seth: What are you retarded?
Jeremy: It's called a learning disability, bro
Seth: Oh ok.
12 step recovery jargon referring to someone new who talks about how great life is, now that they'resober. Usually meaning that the person is out of touch with reality.
The new guy seems pretty happy for a dude who has no job, no money and no family. He must be on a pink cloud.