This song is about a time when original blink-182 guitarist Tom DeLonge got kicked out of Poway High School during his junior year after being caught drunk at a school basketball game. DeLonge said, "Being kicked out of school was bad, but it was also the best thing in my life. Because none of us would be here today." DeLonge also said that "Blink-182 is one million percent around today because I got kicked out of school."
The title phrase doesn't appear in the lyrics and isn't really relevant to the song. The guys came up with the insult while recording the album at Big Fish Studios and attached it to the song for posterity's sake.
As the album's third single, this didn't find success on the charts, mainly because it was outshone by the popular lead single, "Dammit."
Bruce Springsteen wrote "Blinded By The Light," which was a #1 hit for Manfred Mann's Earth Band. The "Madman Drummers" line is a reference to Springsteen's first E-Street drummer, Vinnie "Mad dog" Lopez.