Lyric discussion by darianb1031 

Cover art for Heel Turn 2 lyrics by Mountain Goats, The

In wrestling, a heel turn is a moment when a wrestler goes from being a hero to being a villain. This song is about that moment in the career of this unnamed wrestler.

He's been the "good guy" throughout his career, but he notices that the "bad guys" get more fame and victories (but I tried / the losing side) so he becomes one of them. He completely leaves his good guy persona behind (throw my better self overboard / shoot at him when he comes up for air).

This action has consequence, however. His fans, the fans who once loved him, are now disappointed that he's changed (president of the fan club up there/ choking on his tears) and he gets treated like a bad guy by the audience (Let all the trash rain down / from way up in the rafters), but he doesn't care anymore.