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Name came from here.
http://www.lfgss.com/conversations/275895
Caustic soda + bluetac + old innertube + shower end/hose. It's a last resort, it's dangerous chemicals. It only works on steel frames with aluminum seatposts and it will damage your paint you can only minimise the damage. If you are in london take it into cycleps or similar first and get a vice on it, if you can break it free it's far far better.
How did you end up getting it out? Mine (or part of it) is still stuck in the frame.
Sweet colour on that frame! Curious to see how this will end up with such a, uh, interesting project title.