What is Shit The Bed, Margaret!?
1.
An exclamation of surprise, shock, or amazement.
The response "At least it wasn't your pants, Bob," may be used.
"Little Jimmy passed his test? Well shit the bed, Margaret! This calls for a celebration!"
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1.
a conversation in which three people (either two girls and one guy or two guys and one girl) talk about sexual topics
Someone: Hey, Don..