1. significantly more absurd than ridiculous to an almost impossible extreme; without possibility of serious consideration.
2. fitted to excite absolute ridicule; intentionally crazy and silly; completely absurd and laughable.
"redonkulous" - as first popularized by the fictional character Seth Cohen on FOX's The O.C.
The first Bush administration was ridiculous. This second one is just redonkulous.
That was the funniest movie I've seen. It was consistently redonkulous. Absolutely hilarious!
That police officer was redonkulous for giving me a speeding ticket. I was only driving 40 in a 30!