The myth and fable of King Midas has never been more pertinent. (Reply #115)

In the discussion thread: I'm Not Sure How To Ask This... But... Is Anybody Else Feeling A Great Nauseous Forboding About... [View all]

Response to aquart (Reply #91)

Wed Dec 14, 2011, 07:32 PM

truedelphi (32,324 posts)

115. The myth and fable of King Midas has never been more pertinent.

The rich see everything as mere commodities to trade and gamble on.

But if everything becomes a mere means to the insider trader glut, than how are vitally important commodities protected?

I was around a close friend when his Silicon Valley-based company was poised to go public and its stock was to be worth
$ 1,600 a share. And he wouldn't lend me five dollars that I needed to drive home, because, as he explained to me, "Five dollars in my pocket is one more stock share, and it really is $ 1,600 bucks."

Luckily for me, I finally found a way to get my magnetized credit card to work, otherwise I would have had to stay in Silicon Valley!

PS - The purported uptick in the stock never materialized. The most the stock became worth was $ 48. And everyone, except the company receptionist, held on to the stock until it crashed along with all the other dot com stuff that crashed.

The receptionist cashed the stock in at the all time high of $ 48. And bought herself a great little condo. WHile the rest of the company ridiculed her for cashing in "prematurely."

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175 replies	Author	Time	Post
I'm Not Sure How To Ask This... But... Is Anybody Else Feeling A Great Nauseous Forboding About... [View all]	WillyT	Dec 2011	OP
Read this and everything else seems... less important.	Whisp	Dec 2011	#1
Holy Crap !!!	WillyT	Dec 2011	#4
oh ok, methane trapped under the arctic ice being released causing much faster global warming...	limpyhobbler	Dec 2011	#6
Most the Methane is now trapped under the ice...so when the sea ice is melted...	Auntie Bush	Dec 2011	#128
That was my first thought Auntie Bush	sasha031	Dec 2011	#145
I remember reading about this as a dangerous potential scenario, over 12 years ago.	dixiegrrrrl	Dec 2011	#8
nod Interestingly I'd posted that same Spiegel article in E&E earlier.	joshcryer	Dec 2011	#18
ahhhhh..THERE you are.....good to see ya.	dixiegrrrrl	Dec 2011	#39
In 1982 I had a class given by scientists that warned this IS the worse case scenario to avoid.	glinda	Dec 2011	#54
der spiegel article is from 2008	librechik	Dec 2011	#88
Some are happy................	Angry Dragon	Dec 2011	#13
angry dragon on a crazy train	leftyohiolib	Dec 2011	#47
That is just a comment I found	Angry Dragon	Dec 2011	#104
my apologies angry dragon	leftyohiolib	Dec 2011	#146
I have gone bonkers however I did not write that	Angry Dragon	Dec 2011	#152
Durn!	chervilant	Dec 2011	#126
You don't like the idea of a loving and forgiving God?	Cal33	Dec 2011	#169
I will answer anyway.......	Angry Dragon	Dec 2011	#170
That's not good.	UnrepentantLiberal	Dec 2011	#25
So in essence,	eilen	Dec 2011	#37
AND "we" have done NOTHING to address the problem for decades, even knowing it was so.	dixiegrrrrl	Dec 2011	#40
And we'll go out.....like a fart	Maraya1969	Dec 2011	#56
This is not a threat that one can easily blow off.	Jackpine Radical	Dec 2011	#75
Yep. Don't light a match!	loudsue	Dec 2011	#76
They've found something that	Turbineguy	Dec 2011	#107
That does pale everyting by comparison	BlueToTheBone	Dec 2011	#44
I saw this too. My greatest fear is the cascading effect of human caused stresses on th environment	BlancheSplanchnik	Dec 2011	#61
Paraguay.	Octafish	Dec 2011	#62
Is that were George Bush bought thousands of acres of land over the largest Aquafer	Auntie Bush	Dec 2011	#130
Paraguay. Right next door to Rev Moon's spread.	Octafish	Dec 2011	#141
This too shall pass.	ZombieHorde	Dec 2011	#73
Eh...	kenfrequed	Dec 2011	#95
Life may thrive on other planets, for a while.	ZombieHorde	Dec 2011	#113
Scientists say the sun will burn out in 5 billion years...so we have plenty of time	Auntie Bush	Dec 2011	#132
Well...	kenfrequed	Dec 2011	#156
Our bodies are made up of atoms and particles that came from exploding stars and galaxies of	Cal33	Dec 2011	#171
Nobody light a match!!	Fair Witness	Dec 2011	#103
It's as if mankind has given the earth a giant bellyache	GoddessOfGuinness	Dec 2011	#108
I'll bet corporations will say "It's not true," if they could make money from denying it. Somehow	Cal33	Dec 2011	#173
Yep.	DirkGently	Dec 2011	#2
Corporatocracy rules.	lpbk2713	Dec 2011	#3
It's not just corporations, it's anyone who controls massive amounts of capital (like the Koch bros)	Capitalocracy	Dec 2011	#24
it appears that politics is no longer an idea business	spanone	Dec 2011	#5
Yes. I read some posts and get a knot in the pit of my stomach. nt	Mojorabbit	Dec 2011	#7
Definitely	txlibdem	Dec 2011	#9
Clathrates we already know, they are for tomorrow. The Death of Democracy,	Fire Walk With Me	Dec 2011	#10
What is the "clathrate" you refer to in your header?	truedelphi	Dec 2011	#119
Clathrates are a form of methane that is locked up in ice, usually deep under ocean sediment . . .	hatrack	Dec 2011	#139
I had never heard of this expression before.	truedelphi	Dec 2011	#167
Yes, not just the country.	nadinbrzezinski	Dec 2011	#11
nadin... It's Like Everybody In Power, Is In On Some Sort Of Giant Secret...	WillyT	Dec 2011	#16
Why the American Elite Media	nadinbrzezinski	Dec 2011	#20
Absolutely....whether it is talks with my 83 year old mom, or during dog walks with my wife -	NRaleighLiberal	Dec 2011	#12
Stepping off a cliff	pscot	Dec 2011	#79
I've been pushed-I didn't step off a cliff.	Maccagirl	Dec 2011	#138
Not foreboding. I think things need to change. The real crossroads is	Dover	Dec 2011	#14
Recommended, I feel this "1984" Orwellian feeling is growing stronger	quinnox	Dec 2011	#15
ANIMAL FARM seems more appropriate. We overthrew the farmer, but now the pigs are walking on their	yurbud	Dec 2011	#99
Yeah but...	Johnny Noshoes	Dec 2011	#116
No, the environment has me more concerned.	joshcryer	Dec 2011	#17
When you look back and see what happened in Texas this year, nothing that was planted was harvested,	Aaria	Dec 2011	#53
Yah. People here don't imagine that famine could happen to us but we haven't planned at all.	aquart	Dec 2011	#91
The myth and fable of King Midas has never been more pertinent.	truedelphi	Dec 2011	#115
We supply so much of the worlds food... that if we ever have a famine...	Auntie Bush	Dec 2011	#136
My estimate was just based on my potential life cycle.	joshcryer	Dec 2011	#135
On Thom Hartmann yesterday, I heard the 2 words, "claw back," w/ref to bank accounts.	mojowork_n	Dec 2011	#19
Apparently not many have heard of this little clause in the law. I thought	Aaria	Dec 2011	#50
Propaganda.... "on both sides." That's one of the key elements of the self-sustaining frame.	mojowork_n	Dec 2011	#114
So then, you are saying?	truedelphi	Dec 2011	#117
Honestly, I wasn't trying to address any of that.	mojowork_n	Dec 2011	#121
My God, they thought of everything, didn't they --	Remember Me	Dec 2011	#64
Yes. First they made theft legal and they stole everything.	aquart	Dec 2011	#93
Allow me to frame an answer this way...	brooklynite	Dec 2011	#21
Yes I think this deck chair really looks much better over here	a simple pattern	Dec 2011	#29
LOL! Good one...n/t	BeHereNow	Dec 2011	#49
I think the view is better from the poop deck.	Aaria	Dec 2011	#51
Wish I could rec a response!	freefall	Dec 2011	#58
+1000	smirkymonkey	Dec 2011	#84
Yes,	EC	Dec 2011	#22
Actually, I'm feeling much better about things.	MannyGoldstein	Dec 2011	#23
But Manny, I just got a letter	Jakes Progress	Dec 2011	#147
What about a nauseous foreboding about climate change?	Stargleamer	Dec 2011	#26
Agreed... But Who Are The Gatekeepers To Fixing That ???	WillyT	Dec 2011	#30
Nope. Our system is a good one.	treestar	Dec 2011	#27
Ha-ha-ha-ha. Please pass the rest of us some of what you are smoking!	BeHereNow	Dec 2011	#52
Oh, hell. I don't know how you can say that.	Remember Me	Dec 2011	#65
You forgot the sarcasm thingy	pscot	Dec 2011	#82
It has worked and will keep working though thick and thin.	AlbertCat	Dec 2011	#86
In a way the U$A is more corrupt	burrowowl	Dec 2011	#28
You're not alone, Willy.	Lugnut	Dec 2011	#31
Just wait until we wake up and find Newt Gingrich is our new president!	Kablooie	Dec 2011	#32
If Newt's the nominee, hopefully that is enough to make the people stop complaining about Obama	Pachamama	Dec 2011	#34
Just like Bush/Cheney made Reagan's regime seem like the good old days.	Kablooie	Dec 2011	#69
There goes my breakfast.....	dixiegrrrrl	Dec 2011	#41
Actually I'm feeling more hopeful these days	hootinholler	Dec 2011	#33
I don't know... are you worried about the seaworthiness of the titanic?	harmonicon	Dec 2011	#35
Yes- I have the same feeling	Marrah_G	Dec 2011	#36
I have felt that way since the Bush jr. admin.	deacon_sephiroth	Dec 2011	#38
I have felt that way since the Bush jr. admin.	AlbertCat	Dec 2011	#87
Yes. A major crisis has been building for years,	BlueIris	Dec 2011	#42
I have been bouncing back and forth between	BlueToTheBone	Dec 2011	#43
Bravo WillyT. You are absolutely right. Get the money out of politics and there's hope. Go 99%	judesedit	Dec 2011	#45
That's why people are taking it to the streets.	Quantess	Dec 2011	#46
You are exactly correct.	SpankMe	Dec 2011	#48
Wow! Just yesterday I was feeling	freefall	Dec 2011	#60
Is there anyone who isn't?	LongTomH	Dec 2011	#55
I've had this feeling since 2000	MoonRiver	Dec 2011	#57
+1000	Little Star	Dec 2011	#66
+1000	MadrasT	Dec 2011	#68
+a gazillion n/t	chervilant	Dec 2011	#127
Nope	frazzled	Dec 2011	#59
Yes	MadrasT	Dec 2011	#70
"But as one that used to love politics"	mmonk	Dec 2011	#63
A two-party system is inherently flawed, imho.	mistertrickster	Dec 2011	#67
Yes	RobinA	Dec 2011	#71
"WE THE PEOPLE... need to stand the hell UP!!! "	Hotler	Dec 2011	#72
As if not enough suffering has been happening to people these past few years...	AZ Progressive	Dec 2011	#174
I have been feeling that way for most of my life.	DCBob	Dec 2011	#74
Heard on NPR today ...gov can activate your webcam and mic without you knowing.	L0oniX	Dec 2011	#77
My highly computer literate honey believes that to be true.	Kaleko	Dec 2011	#118
Anyone who isn't nauseous, drinking more than usual, and figuring out how to transfer their assets	BeHereNow	Dec 2011	#78
Doing it all again	Roy Rolling	Dec 2011	#80
As a Canadian I hope I'm not being presumptuous, but every time I see an American on TV or read	glarius	Dec 2011	#81
The Repug lineup for Prez says it all....	AlbertCat	Dec 2011	#83
It's hard NOT to feel a nauseous forboding when our police are armed for war against us,	RueVoltaire	Dec 2011	#85
Wanna share a bunk in the gulag?	BeHereNow	Dec 2011	#92
Cheers BHN!	RueVoltaire	Dec 2011	#112
I think we should be HOPING for a collapse	Doctor_J	Dec 2011	#89
I don't know why people cheer for this	nobodyspecial	Dec 2011	#124
Millions are already suffering, more every day	Doctor_J	Dec 2011	#149
Proud to be the 100th REC!	BeHereNow	Dec 2011	#90
I think of the challenges to the Voting Rights Act pending at the US Supreme Court as the	Texas Lawyer	Dec 2011	#94
"Banana Republic Without the Bananas" is one term to consider.	truedelphi	Dec 2011	#166
Yes, I am	Jack Rabbit	Dec 2011	#96
shortly after the election, when Obama chose Rahm Emanuel to be his chief of staff...	yurbud	Dec 2011	#97
Well,	ProSense	Dec 2011	#98
I'd be willing to say the 'Representatives' of both political parties are at fault.	Beavker	Dec 2011	#102
"one political party is trying to beat down the poor and create and	Warren Stupidity	Dec 2011	#134
yes	JitterbugPerfume	Dec 2011	#100
I think this everyday	Beavker	Dec 2011	#101
Not at all.	Swede	Dec 2011	#105
Forty years doesn't seem to be enough.	Jakes Progress	Dec 2011	#106
Since when is the Party of Elizabeth Warren as at fault as the Party of Michele Bachmann? (nt)	UrbScotty	Dec 2011	#109
Or at least, can anyone prove the fault of the Party of Elizabeth Warren?	UrbScotty	Dec 2011	#110
This is the problem of the party fanatic.	Jakes Progress	Dec 2011	#143
The Party of elizabeth Warren is also the party of Max Baucus and Rahm Emanuel	Doctor_J	Dec 2011	#148
its time for some of the old ways	whathappened	Dec 2011	#111
Its called living in a fascist state.	nineteen50	Dec 2011	#120
I'm waiting for my retirement fund to be stolen and my house taken away. Too many evildoers at the	valerief	Dec 2011	#122
We are in a repeat of the Long Depression, which led up to recovery in the late 1890s and WW I	FarCenter	Dec 2011	#123
I think things are getting better because people are standing up	TNLib	Dec 2011	#125
Best remedy for malaise, anxiety and hopelessness: Get out and do something! nt	SteveW	Dec 2011	#168
yes we do	proud patriot	Dec 2011	#129
Sure do. I have been feeling the nausea and foreboding for 30 fucking years	NNN0LHI	Dec 2011	#131
It is just a phase you go through in life. I started feeling that way around 1966-67	Warren Stupidity	Dec 2011	#133
Yes, but we have to keep LIVING, thinking, acting...	Mimosa	Dec 2011	#137
I think this has been coming for awhile but no	jimlup	Dec 2011	#140
Yes.	Vanje	Dec 2011	#142
I look forward to the future with much trepidation and forbidding thoughts. I just do not	RKP5637	Dec 2011	#144
Yup, it is why I packed up my family and possessions and fled.	Bonobo	Dec 2011	#150
Most Americans, I think, are in denial. That, is one root cause as to why these	RKP5637	Dec 2011	#153
Bonobo, if you have not yet seen this, Census data: Half of U.S. poor or low income	RKP5637	Dec 2011	#154
I saw that. Shocking but not surprising.	Bonobo	Dec 2011	#158
A sign of the times - Not only did my	truedelphi	Dec 2011	#161
It is, everything seems surreal anymore. Sometimes I feel like we're living in a	RKP5637	Dec 2011	#165
Yes, yes, and...	ananda	Dec 2011	#151
Americans are in denial IMO. Census data: Half of U.S. poor or low income	RKP5637	Dec 2011	#155
Are you asking if we feel the country and the world are going to hell in a handbasket?	Jamastiene	Dec 2011	#157
Nauseous? No. What I'm feeling is bordering on flat-out RAGE.	Edweird	Dec 2011	#159
Post removed	Post removed	Dec 2011	#160
How Would You Know... You Just Got Here...	WillyT	Dec 2011	#162
Thanks for the welcome!	Dewey Finn	Dec 2011	#163
So... Tell Me About Your Avatar...	WillyT	Dec 2011	#164
Yes	libtodeath	Dec 2011	#172
people ARE standing up - OWS, Minnesota and such	Liberal_in_LA	Dec 2011	#175

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