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Not Today Peasant is a reoccurring meme that involves Loki (Tom Hiddleson) swinging his staff and attacking a Security Guard in the Movie The Avengers.
After arriving from Asgard to Earth Loki Go’s to a Museum in Stuttgart Germany to re-achieve his staff. After getting it back he his confronted by a Security guard. Loki swings the Staff once and hits the security guard (knocking him unconscious, Presumably)
After The Avengers were released pictures on the internet circulated (commonly as Reactions to Hostile, Violent or Troll Comments) Especially on Tumblr and rarely Reddit. Eventually Scenes from Other Movies and Television Shows (such as Supernatural)