From my Urban Dictionary Calendar

GSBI

Acronym for "good sounding bad idea." An idea that sounds exciting or plausable, but upon further thought or execution is revealed to be astoundingly dumb and/or dangerous.

Cat decided to ride her bike to school as exercise, disregarding the fact it was 10+ miles away and she needed to be there in 30 minutes.  She got detention for her GSBI. 

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