If u just got someone really good or need them to understand how much of nothing they are, this is the phrase to use. Best if used against Chirish or people named Daniel Tim.
(after slapping upside the head or on the nipple) You my bitch! Suck it dry!
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.