'fbxrd' is actually an AP identifier for news stories that come out of Fairbanks, Alaska. Due to poor editing, however, sometimes the 'fbxrd' signifier will show up as the actual headline or tagline of the article.

A Fark user found one of these articles and a new cliché was born. Although the term does not have a true meaning in the Fark sense, it could be analogous to FUBARed or fuxxored.

the thing that you don’t have when you’re phones percentage is over 20

the state of being fucked. completely and irrevocably. see: fubar