Google search result description coming from DMOZ

So I decided to do some meta clean up on my site. But before I did that, I did a quick Google search to find my website. In the Google result, I noticed that the description snippet for my site is no where INSIDE my site. So I searched Google again, this time using the description snippet. What I found was that that the description actually came from dmoz.org.

So my question is, anyone else have this happen to them? And why would Google use use DMOZ’ description instead of my meta description? And lastly, is this a bad thing?

Any ideas?

Full explanation: https://support.google.com/webmasters/answer/35624?hl=en