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farting next to a waterfall

Something that no one is going to notice.
John: I wore the same tie as my boss the other day, I think it really annoyed him.

Me: Relax, you are farting next to a waterfall.

It's Like Banging A Waterfall 

A line from the show "Blue Mountain State", the "pocket pussy" episode. A fat guy walks out of a bathroom sweaty as balls with a brown lunch bag, hands it to a guy and a black guy in the background yells it's like banging a waterfall. Best fucking show ever.
"Dude, why are you so sweaty?"
"I just got done fucking this pocket pussy man, It's like banging a waterfall!"

Under a waterfall 

The place where dreams do come true, acc. to Willy Wonka
Hey little kid..meet me under a waterfall...

Wet rag at a waterfall 

Completely pointless
Mike: "Jimmy is so useless, it's like throwing a wet rag at a waterfall!"
Bob: "DUDE!! I know! Total ragging."

Waterfallin A Drink 

The act of a person downing a drink as fast as possible.
John: Hahaha
James: What?
John: I just made Jill Laugh When She Was Waterfallin A Drink!!
James: Hahahaha