Quote:
Originally Posted by odiesback
http://www.dailywritingtips.com/coul...dnt-care-less/
... The Oxford dictionary already recognizes “could care less” as an American colloquialism. Many people, however, regard it as incorrect since it makes no logical sense (if you “could care less” it means that you care at least a bit)."
I stand by my statement... maybe I care a little 
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My "American" understanding of this term is that it is said with a tone more or less dripping in irony. Therefore "I could care less" means I really couldn't.
Bruce