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William the Bloody 

An alternative name for Spike from "Buffy the Vampire Slayer", referring to what he was called before he was sired.
"Have you heard? They call him William the Bloody because of his bloody awful poetry!"
"It suits him. I'd rather have a railroad spike through my head than listen to that awful stuff!"
William the Bloody by Murasaki November 27, 2004

the bloods 

A "inner city" or "street" gang. the origin of the gang is in L.A.. But now the gang has been mimicked all over the country. They are big rivals with the Crips
the bloods by 187 April 5, 2003

Waving the Bloody Shirt 

In the history of the United States, "waving the bloody shirt" refers to the practice of politicians referencing the blood of martyrs or heroes to criticize opponents.

In American history, the phrase gained popularity with a factitious incident in which Benjamin Franklin Butler of Massachusetts, when making a speech on the floor of the U.S. House of Representatives, allegedly held up a shirt stained with the blood of a carpetbagger whipped by the Ku Klux Klan. (While Butler did give a speech condemning the Klan, he never waved anyone's bloody shirt.)
Dude A - "I got a five on my APUSH exam!"

Dude B - "Dude, quit waving the bloody shirt."

Dude A - "No wonder you got a one, you're an idiot."

it's not about the bloody food 

When you're watching a modernised version of Macbeth in class but the kids only seem to care about the food so the teacher uses the phrase to tell them off.
Girl: Look at the doritos
Teacher: IT'S NOT ABOUT THE BLOODY FOOD

The Bloody Goatee 

The result of eating a girls ass while she's on her period
Hey girl, let me give you The Bloody Goatee
The Bloody Goatee by MyManGravy14 January 19, 2015

The bloody sword

It's when you have sex with a girl, during her period. The point is your "hero/penis" will go into the cave, do what has to be done, and it will come out all bloody, like if you've killed a dragon.

It's a reference when the knight/hero is going into the cave with the sword to kill the dragon and comes out with a bloody sword.
"Yo bro, yesterday I went to get The bloody sword if you know what I'm sayin'."