Who the whatsis?

 Steve Viitaniemi
Vince Rimes
(bass, vocals)
 Ben Watson
(drums, vocals)
 Lorne Zaitlin
(guitar, vocals)

Whazzup with that band name?

Sven and Ole worked together, and they were both laid off.  They then went together to the unemployment office.

Asked his occupation, Ole said, "Panty stitcher.  I sew the elastic onto cotton panties at the factory."  The clerk looked up panty stitcher, found it to be an unskilled labour, so gave him $300 a week.

Sven was asked his occupation. "Diesel fitter", he replied.  Seeing diesel fitter was a skilled job, the clerk gave Sven $600 a week.
When Ole heard this he was furious.  He stormed back into the office to find out why his friend got twice as much money as he did.  The clerk tried to explain that a diesel fitter was skilled labour, where as panty stitcher was not.  "WHAT SKILL?!" shouted Ole. "I sew the elastic on the panties, and Sven pulls on it and says, 'Yep, diesel fitter!' "