Horst

[Fiona Shnapple]

The Pope, that crazy Jesuit, is talking about this. We are disconnected by
fiber connection. Work, as Gaddis
Worked has no dignity.

http://www.soc.duke.edu/~jmoody77/TheoryNotes/arendt4.htm


On Monday, December 2, 2013, Fiona Shnapple wrote:

> I'm pointing, now shaking a spoon as I say this...and looking not like
> a Jewish Mother, but the last protestant: "Vita Activa!"    "It's
> about work!"
>
>
>
> ;-)
>
> http://quarterlyconversation.com/william-gaddis-the-recognitions-j-r
>
> On Mon, Dec 2, 2013 at 6:09 PM, Michael Bailey
> <michael.lee.bailey at gmail.com> wrote:
> > which like they are all, oh this is a wild bunch of dudes and dudettes
> > with a fascinating white collar job trading commodities
> >
> > but, like, "being commoditized" is what everyone wants to avoid
> > because it is like what Gaddis kept mentioning in JR as "decline from
> > status to contract" -- these commodities now are extracted by
> > heartless faceless corporations without regard to previous inhabitants
> > or the state their excavations leave the landscape in
> >
> > and yes, that includes the agricultural commodities with the factory
> > farming and the overfertilizing and the lakes of pig excrement, as
> > well as the mineral commodities with their well-known toxic byproducts
> >
> > so basically they are the vacuum, sucking the value out -- they are
> > the evil white sugar and white bread and white rice of the system, all
> > the nutrients and fiber removed in their evil quest to maximize rather
> > than optimize profits!
> >
> >
> >
> > On Mon, Dec 2, 2013 at 6:01 PM, Fiona Shnapple <fionashnapple at gmail.com>
> wrote:
> >> This book is focused on the NYMEX, and oil. But it's the same in all
> >> the commodities pits, on the KNIFE, the NY Futures Exchange, and in
> >> Chicago where Horst trades. This is the culture.
> >>
> >>
> >> The Asylum: The Renegades Who Hijacked the World's Oil Market
> >>
> >> Leah McGrath Goodman
> >>
> >>
> >> They were a band of outsiders unable to get jobs with New York's
> >> gilded financial establishment. They would go on to corner the world's
> >> multitrillion-dollar oil market, reaping unimaginable riches while
> >> bringing the economy to its knees. Meet the self-anointed kings of the
> >> New York Mercantile Exchange. In some ways, they are everything you
> >> would expect them to be: a secretive, members-only club of men and
> >> women who live lavish lifestyles; cavort with politicians, strippers,
> >> and celebrities; and blissfully jacked up oil prices to nearly $150 a
> >> barrel while profiting off the misery of the working class. In other
> >> ways, they are nothing you can imagine: many come from working-class
> >> families themselves. The progeny of Jewish, Irish, and Italian
> >> immigrants who escaped war-torn Europe, they take pride in flagrantly
> >> spurning Wall Street. Under the thumb of an all-powerful international
> >> oil cartel, the energy market had long eluded the grasp of America's
> >> hungry capitalists. Neither the oil royalty of Houston nor the titans
> >> of Wall Street had ever succeeded in fully wresting away control. But
> >> facing extinction, the rough-and-tumble traders of Nymex led by the
> >> reluctant son of a produce merchant went after this Goliath and won,
> >> creating the world's first free oil market and minting billions in the
> >> process. Their stunning journey from poverty to prosperity belies the
> >> brutal and violent history that is their legacy. For the first time,
> >> The Asylum unmasks the oil market's self-described "inmates" in all
> >> their unscripted and dysfunctional glory: the happily married father
> >> from Long Island whose lust for money and power was exceeded only by
> >> his taste for cruel pranks; the Italian kung fu fighting gasoline
> >> trader whose ferocity in the trading pits earned him countless
> >> millions; the cheerful Nazi hunter who traded quietly by day and
> >> ambushed Nazi sympathizers by night; and the Irish-born femme fatale
> >> who outsmarted all but one of the exchange's chairmen the Hungarian
> >> emigre who, try as he might, could do nothing to rein in the oil
> >> market's unruly inhabitants. From the treacherous boardroom schemes to
> >> the hookers and blow of the trading pits; from the repeat terrorist
> >> attacks and FBI stings to the grand alliances and outrageous fortunes
> >> that brought the global economy to the brink, The Asylum ventures deep
> >> into the belly of the beast, revealing how raw ambition and the
> >> endless quest for wealth can change the very nature of both man and
> >> market. Showcasing seven years of research and hundreds of hours of
> >> interviews, Leah McGrath Goodman reveals what really happened behind
> >> the scenes
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