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Literally: Fear of wasps

Figuratively: Fear of WASPs

(For the uninitiated, WASPs are White Anglo-Saxon Protestants -- i.e., non-Catholic non-Jewish white people. The implication is that WASPs are snobby rich folk.)
Literally: "Every time a wasp flies near me, I run away."

Figuratively: "Every time a WASP comes near me, I walk away."
by Andrew K. Stein May 17, 2003