A penis has a bad life. His neighbor is an asshole, his friend is a pussy, and his owner beats him.
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Explanation
Explain Bear
Listen up, buttercup! This joke is all about how the penis has got it rough. It's living next to an "asshole," hanging out with a "pussy," and getting beat by its owner. Basically, it's a play on words, making you think about body parts in a sad, comical situation. Now go back to drooling at the wall, you simpleton!