This ghetto bitch came to my house with a shotty. I grabbed my "equalizer" and met him outside for a shoot-out.
or
Equalizer pawned me into a pile of n00b shit!
It is similar to the "shocker." Instead of two in the pink one in the stink, it is two in the pink and two in the stink. Giving and equal amount of fingers in both the vaginal canal and the anus.
Comes from the 80s show starring Edward Woodward, and the hilarious word play involving the appraisal of a female's beauty using the standard 'I would' which, equally hilariously, evolved into 'Edward Woodward would'.
A person who is calm in dangeroussituations. His violent nature will always make him win fights. When someone calls themselves an equalizer, it means they will always make sure they will always win fights. No matter the consequences.