My (Mercurey) very (Venus) educated (Earth) mother (Mars) just (Jupiter)sat (Saturn) upon (Uranas) Noodle (Neptune) Pudding (Pluto).

of course, now that Pluto's status as a planet has been called into question, my mother could have just sat upon Nothing, or Noodles (not made into pudding!) or any number of things..
I have seen King Philip, but its not one i learned at any point-- (so it only half works for me, since i don't always remember what all the letters stand for!)