It officially means loan shark, but in reality, it should mean, victim, victim that reacts and gets punished because "Jews aren't supposed to fight back"! Like Shylock himself!
Example 1 Shylock (rightfully angry)-and what's his reason, I am a Jew!
Everyone Else in the play-You deserve it, you're a Jew!
(In the end he is forced to convert to Christianity!)
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One who suffers injustice. Yet forgives thenthen!
Poor Andy, he's now a Jonathan
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It's when you get screwed over by the higher ups on your side, so you go to the enemy side in anger. It means that your superior "Pulled a Gates", which is screwing you over and/or stealing the credit. You've done a lot for the side, and you've got nothing to show for it except for insults, so you go to the enemy side in anger.
Example 1-God. my manager at Mc Donalds kept taking the credit for my great innovations and lowered my wage as an insult to injury, so I decided to work at Burger king. Yup, I just pulled a Benedict Arnold.
Example 2-I've been screwed over by the Soviet Union. They keep imprisoning me and stealing the credit. I'm going to be a defector. I'm going to pull a Benedict Arnold if this doesn't stop soon.
Joining the Other side after you got treated like crap by yours.
I'm being treated like crap by my Artistic"friends." Screw them, I'm going to pull a Benedict Arnold and join the Jocks.