It's stating the obvious and suggesting to the other person to accept the thing stated and deal with it.
Dobol: The traffic along EDSA is incredible.
Lundle: There's no such thing as fake siling labuyo. EDSA has always been traffic as far as I can remember.

Erwin: The incompetence of the Philippine government is beyond imagination.
Dobol: There's no such thing as fake siling labuyo.
Lundle: Don't blame me, I didn't vote for that motherfucker.
by The Masterchicker October 25, 2010
Get the There's no such thing as fake siling labuyo. mug.