Bill's telling a joke:
Teacher: Class, we're going to play a game. I will say a letter of the alphabet, and I want somebody to tell me a word starting with that letter.
Who can tell me a word starting with 'A'?
Little Johnny is at the back of the class, hand high in the air saying, "pick me!" But teach thinks, "No, he'll say something obscene or rude... too many A words," and picks someone else. So it goes, each letter Johnny is saying "pick me pick me!", until finally teach gets to "R", and can't think of any swear words starting with that letter, so she cautiously says, "OK Johnny. What word starts with 'R'?"
Johnny jumps up out of his seat, and gesturing with his hands says, "RATS! Big Fuckin Rats! Cocks THIS long!!!"