Bullshit, as used here on Cracked, is a commonly known “fact” that has no biases in reality.

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No bullshit about bullshit

Just The Facts

  1. Catherine the Great was Fucked to Death By a Horse
  2. Columbus discovered that the Earth was Round
  3. A lion mutilated 42 Midgets in a Cambodian Ring Fight
  4. Men think about Sex every 7 seconds
  5. Project Savior has a 26” penis.

About Bullshit

What 4 out of 5 of the above facts have in common is that they are completely false AND they were debunked here on Cracked. The 5th one wasn't debunked on Cracked so it either must be true or the author of this topic needs a laugh every time he Googles his penis.
Bullshit, as used here on Cracked, is similar to a myth in that it is a tale repeated over and over again until the general public believes it to be true. The difference between Bullshit and a full-grown myth is that Bullshit tends to be just a small statement, often trivial, as opposed to elaborate tale.
Although most Bullshit only makes you feel like an idiot when you stop and think about a Bullshit fact that you believed for years, many have more sinister purposes.
Movies and books based on bullshit are used to get your hard earned money. Bullshit facts are used to swing public mood and sometimes they lead to real tragedies, <a href="http://www.cracked.com/article_16869_p2.html" rel="nofollow" >like the 1935 Harlem Riots .</a>
Although as long as we are human we will never be immune to believing Bullshit. No one has the time, or interest, in fact checking everything they hear in a day; or driving to Project Savior's house to check the size of his penis. However, it's always a good idea to do some fact checking on the most outrageous claims you hear before you start avoiding drinking tap-water because the Commies (or the Obama Administration) are <a href="http://www.cracked.com/article_17439_p2.htm" rel="nofollow" >using fluorinated water to control your thoughts</a>.