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I'll fuck the pig and you hold it's ears 

Taking charge in a job environment (fucking the pig) while you ask for minor assistant (holding the ears)
Fergus: I'll fuck the pig and you hold it's ears

hold this tale and let me fuck this horse 

shut up, stop interrupting me, and listen.
would you hold this tale and let me fuck this horse please!!??

I'm [fuck]ing this cat, so shut up and hold its tail 

The meaning of this phrase is to alert co-workers, on-lookers, passers-by, and anyone else in a group, large or small, who is in charge of a given scenario.
Bryan: Well, what if we approach this problem from a different perspective?

Debra: I'm fucking this cat, so just shut up and hold its tail!

fuck, fight, or hold the light

A better way to ask, "fish or cut bait" or "piss or get off the pot"; in other words, to tell someone to be decisive in making a decision.

Literally it probably refers to a situation where you're competing for a woman with another guy.

In other words: "Are you going to fuck her(ie. win), fight him(ie. TRY to win), or hold a light up for his convenience while he fucks her?(ie. be a total loser)"

Sort of a takeoff on the whole "fight or flee" natural evolutionary response.
John: Yo, Ron, it's your turn to bet!
Ron: I'm thinking
Ray: Enough thinking, already! Look - either fuck, fight, or hold the light!

Fuck fight or hold the light.

A phrase that is usually used to motivate an individual, or group of people.
1. Jim was caught slacking off at his construction job, so his boss yelled "fuck fight or hold the light."

2. Tommy could only slam half of his beer so jim said "fuck fight or hold the light buddy."

fuck, fight, or hold the light

In more tribal times, one tribe would attack another just before dawn, when it is darkest (thus the true mean of its always darkest before the dawn). Rape was one of the traditional spoils of war, so members of the invading force would either rape the women of the opposing tribe, fight the opposing tribes soldiers, or hold the light so other soldiers could see who they were attacking and raping.
Hey Ivan, don't just stand there like an idiot, these Nazis bitches aren't going to rape themselves: fuck, fight, or hold the light.