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The idea for this post came to me spontaneously earlier this morning when I cheerfully deleted the latest batch of unsolicited advertising emails about Black Friday. Above is a small sample. While I generally don’t mind sales and getting a good deal, I just find the frenzy around Black Friday completely insane. I’m sure if I would search the Internet long enough, I’d find local news reports about folks beating up each other in stores. I certainly recall reading about such incidents in years past.
This brings me to Messrs. Walter Becker and Donald Fagen and the opener of Steely Dan’s fourth studio album Katy Lied that appeared in March 1975. Black Friday was also released separately as the record’s lead single in April of the same year. The tune reached no. 57 in the U.S. on the Billboard Hot 100 mainstream chart, a modest showing, but I doubt Becker and Fagen lost much sleep over it!
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Here’s some background on the tune from Songfacts: Long before the term came to denote the shopping frenzy on the day after Thanksgiving, Steely Dan released this song about the original “Black Friday,” when on Friday, September 24, 1869 a failed ploy left many wealthy investors broke. The investors tried to corner the market on gold, buying as much of it as they could and driving up the price, but when the government found out, it released $4 million worth of gold into the market, driving down the price and clobbering the investors.
As for how it became a retail reference, sometime in the ’60s, the term was bandied about to indicate the key day in the holiday shopping season when the stores would be “in the black,” meaning making money (black ink indicates profit, red ink indicates loss).
…Steely Dan used various guitarists on the Katy Lied album, including Rick Derringer, Hugh McCracken and Larry Carlton. On this track, however, Walter Becker played the solo. He did it using the Fender Telecaster belonging to another guitarist who played on the album, Denny Dias. Becker used it because he liked how Dias had it set up. Once again goes to show what a kickass guitarist Becker was!
And then, there’re shocking news headlines like the following:
Black Friday sales kick off the holiday shopping season, but expect to pay more this year
Black Friday Shopping Is Back, but the Doorbusters Aren’t
Experts say not to expect too much from Black Friday deals
Avoid these 3 holiday scams on Black Friday and Cyber Monday
Sorry, I just couldn’t resist. Again, there’s nothing wrong per se to look for a good deal. But Black Friday just isn’t my thing and never has been – can you tell? If you’re out there hitting the stores, please be safe. Or shop over the Internet. Or even better, watch the Disney+ Peter Jackson docuseries The Beatles: Get Back. You can get a 1-month trial to the Micky Mouse channel. It’s a great deal! 🙂
Sources: Wikipedia; Songfacts; YouTube