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that’s the shit 

what you say when something is perfect and really just hits the spot
*hits joint*
“Damn that’s the shit
that’s the shit by ur b1tch November 24, 2019

Who said that? WHO THE FUCK SAID THAT? Who's the slimy little communist shit, twinkle-toed cocksucker down here who just signed his own death warrant? 

Who said that? WHO THE FUCK SAID THAT? Who's the slimy little communist shit, twinkle-toed cocksucker down here who just signed his own death warrant? SIR I SAID IT SIR! Well ... no shit. What have we got here, a fucking comedian? Private Joker? I admire your honesty. Hell, I like you. You can come over to my house and fuck my sister. You little scumbag! I've got your name! I've got your ass! You will not laugh! You will not cry! You will learn by the numbers. I will teach you. Now get up! Get on your feet! You had best unfuck yourself or I will unscrew your head and shit down your neck!

thats the shit 

Referring to objects such as jewelery, cars, or an item of clothing that looks particularly good or fashionable at the time. It is usually rare or out of the ordinary and/or expensive.

It can also refer to drugs that are particularly purer and more potent than is usually readily available to most people most of the time
thats the shit by GAANZ June 17, 2008