What is Clown Shoelace?
1. When someone’s idiocy transcends even a "clown shoe" designation.
2. The third degree of "clownishness"
Guy1: Dude! Where's your pants?
Guy2: looks down Oh Shit!
Guy1: shakes head in disgust Dude, you're not even a clown shoe, you're a Clown Shoelace.
See El Tigre