The Great Onion Scandal

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  • เผยแพร่เมื่อ 23 พ.ย. 2024

ความคิดเห็น • 713

  • @johngregg5735
    @johngregg5735 7 หลายเดือนก่อน +934

    Onions scandals should not be leeked to the press.

    • @eileenspamer
      @eileenspamer 7 หลายเดือนก่อน +10

    • @bartsanders1553
      @bartsanders1553 7 หลายเดือนก่อน +75

      Hey kid, beet it with the puns.

    • @BonnieBlue2A
      @BonnieBlue2A 7 หลายเดือนก่อน +41

      scandalous would be scallion-esque ?

    • @CAP198462
      @CAP198462 7 หลายเดือนก่อน +45

      Cheese, I’m getting tired of puns. Every comments section is just peppered with them.

    • @joshuabessire9169
      @joshuabessire9169 7 หลายเดือนก่อน +32

      Whey did you ❤️ him THG? You're just egging them on.

  • @JonesNate
    @JonesNate 7 หลายเดือนก่อน +249

    4:15 -- "But the market for butter spread thin..."
    Funny guy. -_-

    • @ouroboris
      @ouroboris 7 หลายเดือนก่อน +9

      He definitely has a way with words 😆

    • @Sniperboy5551
      @Sniperboy5551 7 หลายเดือนก่อน +6

      His alliteration is also beautiful, his scripts are like poetry at times

    • @anti-Russia-sigma
      @anti-Russia-sigma 7 หลายเดือนก่อน

      As I spread them thick,I don’t get why the guy is funny.

    • @garandm1d
      @garandm1d 7 หลายเดือนก่อน +6

      ... Spread thin... Eggs in one basket...That's why I love the history guy...

  • @ZeusTheIrritable
    @ZeusTheIrritable 6 หลายเดือนก่อน +162

    Is it weird that I would rather watch a short documentary about onion futures trading than nearly any network produced TV show?

    • @katiesioux7757
      @katiesioux7757 6 หลายเดือนก่อน +9

      Nope,I totally agree

    • @rocarr180
      @rocarr180 6 หลายเดือนก่อน +1

      ❤️🙏

    • @ambercrombie789
      @ambercrombie789 6 หลายเดือนก่อน +3

      No. "Wisdom is known by her children".

    • @danstevens2204
      @danstevens2204 6 หลายเดือนก่อน +1

      That’s why we are here 👍🏻

    • @daveburklund2295
      @daveburklund2295 5 หลายเดือนก่อน +3

      We're all weirdos here.

  • @jackmanatee3162
    @jackmanatee3162 7 หลายเดือนก่อน +161

    We have an odd, kind of family heirloom. It's a still life painting of onions. The story goes that the painting belonged to a railroad VP in California who loved onions but for whatever reason could not eat them. Apparently the VP was a distant relative of the family. The painting was given to my father when he was a young man working in machining factory in the years before WWII. An odd story? Yes, and I've always doubted it's veracity. However it's a very nice painting. 😄

    • @drewzero1
      @drewzero1 7 หลายเดือนก่อน +7

      That's fascinating! I can't eat onions and neither can my mother. I don't think I've heard of anyone outside my family that reacts to them.

    • @jaymzx0
      @jaymzx0 7 หลายเดือนก่อน +5

      I love family stories like this.

    • @elizabethsohler6516
      @elizabethsohler6516 7 หลายเดือนก่อน +4

      @@drewzero1 I have a friend who can't eat onions. I believe he has diverticulitis.

    • @wheressteve
      @wheressteve 7 หลายเดือนก่อน +8

      A multi layered family onion painting mystery sounds nice, we're still trying to find out what happened to Dad after he went to the store for cigarettes in 1973.

    • @wheressteve
      @wheressteve 7 หลายเดือนก่อน +1

      Ji.bo.... 9

  • @lisaboban
    @lisaboban 7 หลายเดือนก่อน +184

    It takes a real talent to make commodity trading and onion farming into a fascinating story. Well done, sir.

    • @pilotjoe4010
      @pilotjoe4010 7 หลายเดือนก่อน +10

      You could say it has layers…

    • @lisaboban
      @lisaboban 7 หลายเดือนก่อน

      @@pilotjoe4010 So many layers ☺️

    • @Dogdrule
      @Dogdrule 7 หลายเดือนก่อน +4

      Honestly, Planet Money did an episode on it years back that has stuck with me more than any other in a catalog of many hundreds of episodes. It's a fascinating tale despite seemingly dry elements like commodity trading and futures

  • @Bbbuddy
    @Bbbuddy 7 หลายเดือนก่อน +226

    So much fun has started with “two guys in Chicago.”

    • @Metalkatt
      @Metalkatt 7 หลายเดือนก่อน +16

      It’s A Hundred And Six Miles To Chicago. We Got A Full Tank Of Gas, Half A Pack Of Cigarettes. It's Dark, And We're Wearing Sunglasses

    • @NoBSRecoverfacts
      @NoBSRecoverfacts 6 หลายเดือนก่อน +1

      Cringe

    • @ZeusTheIrritable
      @ZeusTheIrritable 6 หลายเดือนก่อน +4

      @@Metalkatt Hit It.

    • @nancybaumgartner6774
      @nancybaumgartner6774 6 หลายเดือนก่อน +5

      That, and “Florida man…”

    • @tincupnickleboythe1st700
      @tincupnickleboythe1st700 หลายเดือนก่อน

      Dont all good stories involve pirates, ( of any kind ) ???

  • @davidkaplan2745
    @davidkaplan2745 7 หลายเดือนก่อน +96

    You rapscallion, you.

  • @skyden24195
    @skyden24195 7 หลายเดือนก่อน +46

    So glad The History Guy mentioned, "Trading Places" because that movie immediately came to mind when discussing "future's commodities."

    • @jburron
      @jburron 6 หลายเดือนก่อน

      Commodity futures.

    • @thefoxfireworkshop
      @thefoxfireworkshop 5 หลายเดือนก่อน +2

      And he led us right into it with “pork bellies” and “frozen orange juice.” I love that movie! It's a lot of fun.

  • @timothysworld1028
    @timothysworld1028 7 หลายเดือนก่อน +92

    The most-accepted Chicago meaning is a word that comes from the Algonquin language: “shikaakwa,” meaning “striped skunk” or “onion.” According to early explorers, the lakes and streams around Chicago were full of wild onions, leeks, and ramps. Appropriate that Chicago played such a huge part in this story.

    • @Foolish188
      @Foolish188 7 หลายเดือนก่อน +8

      Ramps...Oh do I want some ramps right now. Once found a large patch deep in the woods behind our house as a kid. I swore my family to secrecy about the location, but my Mother told several people. A year later they had all been stolen. I will die with the secret of the locations of my current patches.

    • @johnnixon4085
      @johnnixon4085 7 หลายเดือนก่อน +4

      ​@Foolish188 I planted 100 bulbs 2 years ago. Last year I tasted a couple leaves. They're just coming up now, but I expect to be able to take enough leaves to make some ramp butter, and to hopefully get some seed to scatter. Hopefully next year I can take a few bulbs.

    • @tissuepaper9962
      @tissuepaper9962 7 หลายเดือนก่อน +1

      @@topherthe11th23 very few questions in etymology can be answered with the unwavering confidence you have put on display in your comment. It's foolish to accept either story as absolute fact, unless you can provide a definitive primary source (which I know you can't).

    • @mRahman92
      @mRahman92 7 หลายเดือนก่อน +3

      So just like how New York is known as "The Big Apple", Chicago could be called, "The Wild Onion"?

    • @jacobishii6121
      @jacobishii6121 7 หลายเดือนก่อน +4

      Yes,Pete ....it is.Actually,it's pronounced "mill-ee-wah-kay" which is Algonquin for "the good lands"

  • @ElementofKindness
    @ElementofKindness 7 หลายเดือนก่อน +59

    _"If making money is a crime, then I'm guilty."_
    He didn't make money. He extorted money.

    • @EddieVBlueIsland
      @EddieVBlueIsland 6 หลายเดือนก่อน +1

      Only because dishonest people believed him

    • @paulthiessen6444
      @paulthiessen6444 6 หลายเดือนก่อน +1

      @@EddieVBlueIslandgreedy people anyways

    • @bobbsurname3140
      @bobbsurname3140 6 หลายเดือนก่อน +10

      ​@@EddieVBlueIslandWere the onion farmers who didnt want their crop to become worthless dishonest?

    • @AdamBechtol
      @AdamBechtol 6 หลายเดือนก่อน +1

      Good point.

  • @vinnynj78
    @vinnynj78 7 หลายเดือนก่อน +29

    I love that little nod to Trading Places at the end. On a side note people selling short on major films released in 2023 could have made a fortune.

    • @inthefade
      @inthefade 6 หลายเดือนก่อน +1

      Just shorting Disney world have been a good idea

    • @robertriteman3227
      @robertriteman3227 6 หลายเดือนก่อน +1

      " the butter market had spread thin" such a great slip in line

  • @g3heathen209
    @g3heathen209 7 หลายเดือนก่อน +57

    Mortimer and Randolph Duke would be proud.

    • @DavidHBurkart
      @DavidHBurkart 7 หลายเดือนก่อน +12

      Wouldn't that actually be Louis and Billy-Ray? Morty and Randy didn't recover from that until the 1990's following a windfall gift from a foreign prince!! 😂😂😂

    • @KissyHug
      @KissyHug 6 หลายเดือนก่อน +2

      😂 😂 😂

  • @caturdaynite7217
    @caturdaynite7217 7 หลายเดือนก่อน +83

    One year Mom got me an onion for Christmas. I looked right at her and ate it raw. I still like onions and I learned a valuable lesson. Don't make Mama mad.

    • @peterestrada9420
      @peterestrada9420 7 หลายเดือนก่อน +8

      Since I was a kid, I have eaten onions, like apples, but ☝️covered with Mustard & Black Pepper; Tomatoes, as well🤤😋🤣

    • @peterestrada9420
      @peterestrada9420 7 หลายเดือนก่อน +8

      Salt & Watermelon 🍉 🧂 is pretty good too🤙😉

    • @poetryflynn3712
      @poetryflynn3712 7 หลายเดือนก่อน +11

      Ever hear of Vidalia onions? Supposedly they're sweet like apples!

    • @sooz9433
      @sooz9433 7 หลายเดือนก่อน

      ​They are! ​@@poetryflynn3712
      The ones that are as big around as softballs but only an inch or so tall are the best ones.

    • @tygrkhat4087
      @tygrkhat4087 7 หลายเดือนก่อน +3

      @@peterestrada9420 My dad did that.

  • @noneyabizz8337
    @noneyabizz8337 7 หลายเดือนก่อน +58

    Guy turned good later, that's not normally how bad onions work.

    • @guessundheit6494
      @guessundheit6494 7 หลายเดือนก่อน

      And south american drug lords put money into their communities. So what's your point?

    • @DavidHBurkart
      @DavidHBurkart 7 หลายเดือนก่อน +4

      😂😂😂

    • @eldorados_lost_searcher
      @eldorados_lost_searcher 7 หลายเดือนก่อน +5

      You could say that he had layers to his personality.

    • @BTScriviner
      @BTScriviner 7 หลายเดือนก่อน

      A lot of those robber barons/shady capitalists turn to philanthropy later in life.

    • @pgtv14
      @pgtv14 6 หลายเดือนก่อน +4

      Steals a boatload of money and gives (some) of it away to boost his own reputation. Real nice guy he was -_-

  • @palehorseman8386
    @palehorseman8386 7 หลายเดือนก่อน +35

    I'm surprised that box office futures was even considered given how infamous Hollywood accounting is.

    • @skyden24195
      @skyden24195 7 หลายเดือนก่อน +3

      That is probably why it was considered, i.e., given how infamous Hollywood accounting is.

  • @russcrawford3310
    @russcrawford3310 7 หลายเดือนก่อน +82

    Layers? ... like an ogre? ...

    • @skyden24195
      @skyden24195 7 หลายเดือนก่อน +14

      You know what else has layers? Parfaits. Everyone likes a parfait. Ask anyone if they'd like a parfait. Ain't no one gonna say, "No, I don't want no parfait."

    • @Maudit_Anglais
      @Maudit_Anglais 7 หลายเดือนก่อน +2

      Good one !

    • @Whatsinmygreygarage
      @Whatsinmygreygarage 7 หลายเดือนก่อน +5

      Cake! Cake has layers!

    • @spvillano
      @spvillano 7 หลายเดือนก่อน +4

      Ogres, onions, you mean smelly and make people cry?

  • @thetangieman3426
    @thetangieman3426 7 หลายเดือนก่อน +21

    Having grown onions at scale, actively traded commodities futures, and secretly desiring the cheat code to large piles of money this story is one of my all-time favorites, right up there with The Idles of March and the Manhattan Project.

  • @handimanjay6642
    @handimanjay6642 7 หลายเดือนก่อน +7

    It brought tears to my eyes at how you peeled this subject, sliced then diced its many layers.

    • @zyxw2000
      @zyxw2000 6 หลายเดือนก่อน

      And then leeked the information to us.

  • @constipatedinsincity4424
    @constipatedinsincity4424 7 หลายเดือนก่อน +6

    That last joke has me crying 😢 I don't know why!

  • @Youser999
    @Youser999 7 หลายเดือนก่อน +38

    I wore an onion on my belt, which was the style at the time... 😂

    • @NelsonZAPTM
      @NelsonZAPTM 7 หลายเดือนก่อน +4

      Was it a brown onion?
      Or one of the white ones that was fashionable at the time?

    • @danwolf307
      @danwolf307 7 หลายเดือนก่อน +2

      Thank you!😂

    • @emceeboogieboots1608
      @emceeboogieboots1608 6 หลายเดือนก่อน +1

      Here it is!
      Onya Abe 👍

    • @TTOS69
      @TTOS69 6 หลายเดือนก่อน +1

      What. The. Fck. Are you from the 1800s??

    • @PhilWithCoffee
      @PhilWithCoffee 6 หลายเดือนก่อน

      I was looking for this lol

  • @scotto9591
    @scotto9591 7 หลายเดือนก่อน +3

    I really appreciate all the puns you sprinkled throughout this clip. Thank you for all that you do. We learn so much from you😊

  • @CAMacKenzie
    @CAMacKenzie 7 หลายเดือนก่อน +14

    That Vincent Kosuga, he really knew his onions...

  • @RonaldFigura
    @RonaldFigura 6 หลายเดือนก่อน +3

    The most-accepted Chicago meaning is a word that comes from the Algonquin language: “shikaakwa,” meaning “striped skunk” or “onion.” According to early explorers, the lakes and streams around Chicago were full of wild onions, leeks, and ramps.

  • @honodle7219
    @honodle7219 7 หลายเดือนก่อน +10

    This story brought tears to my eyes.

    • @robertriteman3227
      @robertriteman3227 6 หลายเดือนก่อน

      " the butter market had spread thin" such a great slip in line

  • @spankduncan1114
    @spankduncan1114 7 หลายเดือนก่อน +5

    What's the difference between an onion and an accordion?
    No one crys when you cut up an accordion.

  • @V.Hansen.
    @V.Hansen. 7 หลายเดือนก่อน +29

    I can’t imagine being a farmer and then stealing from all the other farmers knowing how hard it is to stay afloat. What an actual pos. Makes me sick

    • @jodyssey9921
      @jodyssey9921 7 หลายเดือนก่อน +7

      Ruthlessness is the most important quality if you want to be rich. That's why rich people are all assholes.

    • @advicepirate8673
      @advicepirate8673 7 หลายเดือนก่อน +5

      If only the rest of us were willing to give people like that the one time payment in lead that they deserve. But most of us are no better, we have a system wherein mice happily vote for cats in the delusional hope that they will one day become the cat.

    • @tissuepaper9962
      @tissuepaper9962 7 หลายเดือนก่อน +1

      @@jodyssey9921 you have to step on other people's faces to make it up the ladder to wealth. There's a good reason why Jesus told the young rich man to sell all his possessions and give to the poor, and why it is said that a camel can be more easily be drawn through the eye of a needle than can a rich man enter the kingdom of heaven. You can't get rich without screwing people, it's a simple fact.

  • @joshuabessire9169
    @joshuabessire9169 7 หลายเดือนก่อน +13

    I have some apples, would you like to buy them?
    Yes, please.
    That's how hard it should be to operate a Business. Also, dueling should be brought back. You might be able to say "buy my onions or else" 1 or 2 times but by number 10 you're surely missing an ear.

  • @Wordmama
    @Wordmama 7 หลายเดือนก่อน +42

    Now I can't get the smell of rotting onions out of my mind ...

    • @Linusgump
      @Linusgump 7 หลายเดือนก่อน +1

      I was thinking the same thing. 🤮

    • @alcedob.5850
      @alcedob.5850 6 หลายเดือนก่อน +1

      aw heck, got a flashback from 2020 when for like 3 months the only stink I could feel was the stink of rotting onions

  • @hobbyfarmer62
    @hobbyfarmer62 7 หลายเดือนก่อน +13

    I have always looked on futures trading as a sort of scam as it just seems to susceptible to stuns like this one.

    • @Foolish188
      @Foolish188 7 หลายเดือนก่อน +2

      A very useful scam. For both farmers who can sell at a guaranteed profit and buyers who can buy at a guaranteed price, eliminating their risk of a higher price. Speculators provide the liquidity for the farmers and buyers.

    • @spvillano
      @spvillano 7 หลายเดือนก่อน

      Interestingly, just last week, Trump Media filed a complaint with the SEC claiming some mystery party was short selling Truth Social to manipulate the prices of their stock.
      Totally has to be true, can't be that a company that's losing tons of money has an overinflated stock value...
      Still, gambling and the stock market, ever a match made in the realm of the afterlife, such gambling working out ever so well in the 1920's.

  • @pulaski1
    @pulaski1 7 หลายเดือนก่อน +7

    I'm not sure if there is a History Guy video to be made, but tobacco is the most valuable crop in the world for which there is no organized market or trading. I was briefly involved some years ago with one the largest tobacco brokers, which bought directly from farmers and sold to tobacco companies around the world. There is a lot more to supplying the different types of tobacco to the cigarette manufacturers than you could possibly imagine!

  • @DutchBlackMantha
    @DutchBlackMantha 7 หลายเดือนก่อน +6

    So instead of preventing the same sort of market cornering to be done again, they just made it impossible for 2 very specific products.

    • @spvillano
      @spvillano 7 หลายเดือนก่อน

      And started an in-joke in the Adams family, where Gomez would comment on the price of pork bellies in multiple episodes.

  • @andrewkillham3946
    @andrewkillham3946 7 หลายเดือนก่อน +3

    This story brings tears to my eyes

  • @vmitchinson
    @vmitchinson 7 หลายเดือนก่อน +1

    When I was up north, in the high Artic, people would eat raw spanish onions because they tasted like apples. This happens when you do not eat frest vegetables for a long time.

  • @mellissadalby1402
    @mellissadalby1402 7 หลายเดือนก่อน +2

    Mr. Lance, I must say that you MORE THAN earn my devotion to your channel every week.
    You must be a tireless researcher to document so many stories so well with nary a break.
    I am truly in awe.

  • @m39fan
    @m39fan 7 หลายเดือนก่อน +11

    Lance is in fine form today.....

  • @MrJamesjustin
    @MrJamesjustin 7 หลายเดือนก่อน +13

    "...the market for butter was spread thin"? Ahhaha 😂 Sir, only you could get away with that.

    • @robertriteman3227
      @robertriteman3227 6 หลายเดือนก่อน

      as soon as he said i thought " genius"

  • @narveenaryaputri9759
    @narveenaryaputri9759 7 หลายเดือนก่อน +9

    Chicago MEANS Onion in the Fox and Mesquaki language. They are the same people who named the major river of America the Mississippi, a Fox and Mesquaki word which means Plenty Of Fish.

  • @ArchFundy
    @ArchFundy 7 หลายเดือนก่อน +20

    That dude sounds like a pirate to me. ^^

    • @TheHistoryGuyChannel
      @TheHistoryGuyChannel  7 หลายเดือนก่อน +20

      The Onion Pirate!

    • @juliao1255
      @juliao1255 7 หลายเดือนก่อน +12

      ...After all, don't all good stories have pirates? (Sorry, but someone had to say it.)

    • @Pygar2
      @Pygar2 7 หลายเดือนก่อน +1

      @@TheHistoryGuyChannel This man really knows his onions!

    • @jonmccormick6805
      @jonmccormick6805 7 หลายเดือนก่อน +1

      @@juliao1255 Yes, and I was thinking it too!

  • @ericmintz8305
    @ericmintz8305 7 หลายเดือนก่อน +2

    When I was in college (between the fall of 1966 and spring of 1970), there was a Great Winter Onion Shortage. The price of onions shot up, then they disappeared from the shelves. You couldn't get one for love nor money. It was a great day in the morning when they returned.
    Does anyone else remember this?

  • @rickhobson3211
    @rickhobson3211 7 หลายเดือนก่อน +2

    Fantastic episode! The ending elicited a healthy chuckle! Thank you for all your hard work getting to the root of the issue! You are no dim bulb!

  • @edwardschneider2716
    @edwardschneider2716 7 หลายเดือนก่อน +7

    Well done. Very interesting topic. Especially as I plant our own onions in 2024

  • @BrilliantDesignOnline
    @BrilliantDesignOnline 7 หลายเดือนก่อน +5

    One of your best, definitely top ten. Can you imagine over 1000 gondola cars full of onions? I have ridden in a gondola car full of sweet potatoes. At about 50 feet long, that is about 9.5 miles long.

  • @StevenDietrich-k2w
    @StevenDietrich-k2w 7 หลายเดือนก่อน +24

    Welcome to class. The mid-term has been cancelled. Enjoy the weekend.

    • @CAP198462
      @CAP198462 7 หลายเดือนก่อน +3

      But I spent all night studying for it 😢.

    • @JeffreyGlover65
      @JeffreyGlover65 7 หลายเดือนก่อน +2

      ​@@CAP198462I was gonna cheat off your answers...🤔

    • @davea6314
      @davea6314 7 หลายเดือนก่อน +3

      ​@@JeffreyGlover65 You're suspended from school. 😜

    • @danstotland6386
      @danstotland6386 7 หลายเดือนก่อน +1

      Gee Thanks!

  • @matta5498
    @matta5498 7 หลายเดือนก่อน +5

    Brilliant! Caveat Emptor!

  • @anthonini66
    @anthonini66 6 หลายเดือนก่อน +2

    Two of my great passions coming together, onions and scandals.

  • @valeriehowden471
    @valeriehowden471 7 หลายเดือนก่อน +3

    Trading Places is one of my favorite movies.

    • @JimDean002
      @JimDean002 6 หลายเดือนก่อน

      I'm sure this video is Billy Ray Valentine approved

  • @RetroElijah1982
    @RetroElijah1982 7 หลายเดือนก่อน +7

    Hey THG, my first time commenting. Love the Channel, great videos. This was a great video, super informative. I love onions, keep up the great content

  • @Luannnelson547
    @Luannnelson547 7 หลายเดือนก่อน +1

    Here’s a butter and onion related experience for you: I grew up on a dairy farm in Georgia. My father and grandfather farmed together and had about 330 dairy cows. One unfortunate day, the cows broke down a fence and got into a neighbor’s empty field, which was rife with wild onions. Cows LOVE wild onions, but the resulting milk - pee-ew. Three days of milk had to be discarded, until all traces of onion smell were gone. I will never forget the odor and appearance of the curdled milk in the two big tanks, which as I recall held 3,000 and 5,000 gallons respectively. I still cannot eat French onion dip.

  • @MikeHunt-c5p
    @MikeHunt-c5p 7 หลายเดือนก่อน +3

    I think I'll write a song about onions

    • @AdamBechtol
      @AdamBechtol 6 หลายเดือนก่อน +2

      There's a good one from the Muppets.

  • @anonymous7386
    @anonymous7386 7 หลายเดือนก่อน +8

    Hang on: the Ferris Beuller movie had a running joke referencing "The Sausage King of Chicago" - was that a reference to this guy? I never knew.

    • @TheHistoryGuyChannel
      @TheHistoryGuyChannel  7 หลายเดือนก่อน +7

      Chicago has a lot of kings…

    • @gloriamontgomery6900
      @gloriamontgomery6900 7 หลายเดือนก่อน +1

      It was this guy who killed his wife and put her in a vat of acid in his sausage factory. They found a ring and her false teeth which were enough to identify her

    • @mrdanforth3744
      @mrdanforth3744 7 หลายเดือนก่อน

      There was a screwball comedy called The Palm Beach Story that had a character called The Weenie King who made his fortune manufacturing weenies.

  • @jackvoss5841
    @jackvoss5841 7 หลายเดือนก่อน +2

    Onions are said to be among the most nutritious of garden vegetables. When I was a kid, Mom would sometimes have a saucer of onion sections on the table. I gnoshed on onion along with other parts of the meal. When I worked with Boy Scouts on canoeing and camping expeditions, I would add onion sections to the meal. The boys liked them, and gobbled them down
    Courtesy of Half Vast Flying

  • @costrio
    @costrio 7 หลายเดือนก่อน +3

    Onions with steak and mushrooms?...Yummy!
    Cue the Susan Christie song, "I Love Onions?"

  • @thomasmacdiarmid8251
    @thomasmacdiarmid8251 7 หลายเดือนก่อน +1

    A possible topic for another video - I long ago read in a book that in the 1800s, an investor set about cornering the market for rags used in making paper, but that just as he was completing a major step in the process, wood-pulp paper was made available and the market for rag paper was hopelessly undercut. I have not been able to find further information, and it may be an apocryphal warning story.

  • @harryschaefer8563
    @harryschaefer8563 7 หลายเดือนก่อน +1

    I often traveled with my family on the way to Port Jervis New York, through Pine Island New York, a town known for growing onions, in a broad flat valley of pure black soil. Listening to this episode, I wondered if Pine Island would be mentioned, and was not disappointed. The area is quite beautiful, and it is amazing how black the soil is.

  • @guillermorodriguez836
    @guillermorodriguez836 6 หลายเดือนก่อน +1

    14:34 FCOJ but Pork Bellies were also part of the plot when Valentine was tested on when and what price to sell.

  • @Sniperboy5551
    @Sniperboy5551 7 หลายเดือนก่อน +2

    Onions and potatoes, two of the best vegetables. They work with basically anything.

  • @charlesandrews2360
    @charlesandrews2360 7 หลายเดือนก่อน +2

    I traded commodities on the floor of the CME for over 35 years.
    Tell me about it.
    There was quite a bit of hanky panky in the gold pits during the early 1980s. One Trader who made a lot of money in the gold pits, used his money to fund Expeditions searching for lost treasures in various places around the world.
    The joke at the time, on the floor was, now that he stole all the gold in the trading pits, he's going to use it to steal all the rest of the gold in the world.

  • @timothyhays1817
    @timothyhays1817 7 หลายเดือนก่อน +3

    My grandmother would make onion sandwiches. Butter bread with sliced onions.

  • @mariabradley5585
    @mariabradley5585 7 หลายเดือนก่อน +12

    Lesson: Don't cry over spilled onions.

  • @J.A.Smith2397
    @J.A.Smith2397 7 หลายเดือนก่อน +2

    That's something to cry about

  • @jeffchabotte
    @jeffchabotte 7 หลายเดือนก่อน +3

    Trading Places is such a great movie, and probably one of the only reasons most Gen-X'ers know anything about commodities futures.

  • @carguybikeguy
    @carguybikeguy 7 หลายเดือนก่อน +2

    4:23 I am commenting in the middle of the piece to express how delighted and amused I am by your well-placed and accurate puns. Thank you. You remind me of my HS physics teacher. All the dad-joke punny humor one could stomach and I was all there for it. Keep it up!

  • @dieseldabberdoug8285
    @dieseldabberdoug8285 7 หลายเดือนก่อน +2

    Surprised they haven't made a movie about it called The Great Onion Ring.

  • @JAW-i5z
    @JAW-i5z 7 หลายเดือนก่อน +2

    Lettuce recognize the importance of the subject.

  • @williamdavid3933
    @williamdavid3933 7 หลายเดือนก่อน +1

    Per usual I read the title of your episode and go wow how is that going to be interesting and then you go ahead and blow my mind about onions.

  • @earllutz2663
    @earllutz2663 7 หลายเดือนก่อน +1

    Thank you again THG for another history lesson, this time on the onion. I am always impressed with your historical research.

  • @adrianbooth438
    @adrianbooth438 7 หลายเดือนก่อน +5

    But it was the style at the time!

  • @staninjapan07
    @staninjapan07 7 หลายเดือนก่อน +1

    What a fascinating look at onions, one of my favourite versatile vegetables.
    Thanks a lot.

  • @tricotdiko1435
    @tricotdiko1435 7 หลายเดือนก่อน +11

    I think Chicago means “Smells like onions” in local native tongue.

    • @Torby4096
      @Torby4096 7 หลายเดือนก่อน +3

      Even more, bad smelly onions.

  • @stevencooper2464
    @stevencooper2464 7 หลายเดือนก่อน +2

    A shining example of why Human greed needs to be regulated; heavily regulated, for the benefit of society as a whole.

    • @paulweeldreyer7457
      @paulweeldreyer7457 6 หลายเดือนก่อน

      Regulation makes things more expensive.

  • @jdavid50
    @jdavid50 7 หลายเดือนก่อน +1

    That was a delightful story. Thanks for sharing it.

  • @NoahSpurrier
    @NoahSpurrier 7 หลายเดือนก่อน +37

    I had a friend who was a chef. I once asked him what’s the most important vegetable. He said onions.

    • @danktankdragkings7117
      @danktankdragkings7117 7 หลายเดือนก่อน +9

      as a professional prep cook 100% onion.

    • @stevenschnepp576
      @stevenschnepp576 7 หลายเดือนก่อน +8

      Beyond a shadow of a doubt. Just look at how many recipes are ruined without it, and how few substitutes for it there really are.

    • @goodun2974
      @goodun2974 7 หลายเดือนก่อน +7

      Louisiana cooking relies upon what they call the Trinity: onion, celery and bell pepper.

    • @wisecoconut5
      @wisecoconut5 7 หลายเดือนก่อน +5

      Totally. I am just an average home cook, but I keep 3 or 4 kinds of onions on hand all the time. Sweet, purple, yellow, leeks ( when available), and green onions. But shallots are great, too.

    • @tygrkhat4087
      @tygrkhat4087 7 หลายเดือนก่อน +9

      When I was a dishwasher, I hated to clean the bowls of French onion soup. I asked the chef why we served it, he said it cost $0.50 to make and we charged $8.50 a bowl.

  • @timinwsac
    @timinwsac 7 หลายเดือนก่อน +4

    I'm surprised that Vince didn't end up sleeping with the onions.

    • @BrilliantDesignOnline
      @BrilliantDesignOnline 7 หลายเดือนก่อน +2

      Sounds like he made more enemies than profits.

  • @johnshinn6274
    @johnshinn6274 7 หลายเดือนก่อน +3

    This is my favorite channel. You’re the best. Have a great day and God bless you.

  • @captbad9313
    @captbad9313 7 หลายเดือนก่อน +1

    Clever, thank you for the laugh and smile.

  • @nautilusshell4969
    @nautilusshell4969 5 หลายเดือนก่อน

    I worked in futures operations for about 25 years. I was aware that Gerald Ford had sponsored the legislation to ban onion futures sales and that the background related to market manipulation of onion futures prices. Pity that the senior management at Barings' Bank hadn't understood some of the lessons of the story. Those are only 2 of the futures-related scandals I'm aware of. I once visited the old floor of the Chicago Board of Trade (the OTHER exchange in Chicago), and was shown the desks with some wheat grain samples sitting at the back of the drawers from years previously.

  • @MarianneKat
    @MarianneKat 7 หลายเดือนก่อน +2

    Futures trading seems pretty sketchy business. Those poor farmers, he should be ashamed for stealing from them.

  • @dadtype2339
    @dadtype2339 20 วันที่ผ่านมา

    The plot thickness with each layer that's removed and peeled back!❤
    I heard once you can place a few rings of a white onion and a bay leaf under your arm pits, it won't stop you from stinking, but it will help people think someone is cooking beef stew, or an onion soup with beef broth...beef and barley anyone?
    ----George Carlin.

  • @nordan00
    @nordan00 7 หลายเดือนก่อน +3

    I like onions. They taste good. Sometimes they make me cry, though.

  • @kevinconrad6156
    @kevinconrad6156 7 หลายเดือนก่อน +1

    Two thieves, ruining people and providing no service. Ruined a good thing by greed.

    • @darkgalaxy5548
      @darkgalaxy5548 7 หลายเดือนก่อน

      Well, greed is the entire purpose of theft.

  • @nowsendindustries8771
    @nowsendindustries8771 7 หลายเดือนก่อน +1

    “..obscene outlay of onerous onions..” *chef kiss*

  • @russwoodward8251
    @russwoodward8251 7 หลายเดือนก่อน +1

    Thanks History Guy and team. I like to buy local onions from the roadside stand.

  • @amadeusamwater
    @amadeusamwater 7 หลายเดือนก่อน +3

    Sort of like when the Hunt Brothers tried the same thing with silver.

    • @robertriteman3227
      @robertriteman3227 6 หลายเดือนก่อน

      But they did get a superbowl a few years later

    • @amadeusamwater
      @amadeusamwater 6 หลายเดือนก่อน

      @@robertriteman3227 And a few more since.

  • @Adallace
    @Adallace 7 หลายเดือนก่อน +3

    Reminds me of the great butter and dairy shortage in the northwest and Oregon that involved a bunch of corrupt cops laundering butter through a diner and murdering and stealing products from creameries all around the region like it was cash from a vault. The Dollop did a live episode about that story: th-cam.com/video/LesxdjreQOY/w-d-xo.html

  • @maximumcow
    @maximumcow 7 หลายเดือนก่อน +3

    you need a counter down in the corner tracking the puns. the chicken/egg episode would make it explode

  • @thefixerofbrokenstuff
    @thefixerofbrokenstuff 7 หลายเดือนก่อน +8

    My hat is of to you, the king of dad jokes.

  • @alexwixom4599
    @alexwixom4599 6 หลายเดือนก่อน +1

    "Trading futures" sounds way more scummy than stock market, we should go back to that term. It much better explains its shameful goals.

  • @945hilo
    @945hilo 7 หลายเดือนก่อน +2

    My family farms soybeans corn and cotton and future prices are a jagged edge especially when storms and drought wipes out crops

  • @psivewri
    @psivewri 6 หลายเดือนก่อน

    Take a shot every time there’s a food related pun

  • @edkeaton
    @edkeaton 7 หลายเดือนก่อน +5

    My best friend thought that he was so smart. He said to me that onions were the only food that made you cry...then I threw a coconut at his face! 😂🧅🥥

  • @johnthiel7422
    @johnthiel7422 7 หลายเดือนก่อน +2

    A whole lot of tears were Shedd

  • @werre2
    @werre2 7 หลายเดือนก่อน +2

    Somehow I'm not surprised that this happened in Chicago

  • @LouSlade
    @LouSlade 7 หลายเดือนก่อน

    What a wild ride about onions of all things. You sir, have a gift for making even the most obscure topics riveting.

  • @helenel4126
    @helenel4126 6 หลายเดือนก่อน +1

    I'm sure this has been said, but this episode had me weeping.

  • @LordMarcus
    @LordMarcus 6 หลายเดือนก่อน +1

    But what about Frozen Concentrated Onion Juice?

  • @Foolish188
    @Foolish188 7 หลายเดือนก่อน +2

    When I was a teen and working as a dishwasher in a restaurant, I was asked to help by prepping onions. I lasted about 15 minutes.

  • @patrickbelongea6896
    @patrickbelongea6896 6 หลายเดือนก่อน +2

    Chicago is a first nations word for "onion field"

  • @RechtmanDon
    @RechtmanDon 7 หลายเดือนก่อน +1

    One of the best editions!

  • @sallythekolcat
    @sallythekolcat 5 หลายเดือนก่อน

    Seattle's Pike Place market started when onions went from .10 to 1.0 and the housewives rioted. The public market connected farmers to consumers and skipped grocery price gouging.

  • @gregqualtieri609
    @gregqualtieri609 7 หลายเดือนก่อน +1

    Sound like when the Hunt brothers decided to corner the Silver market.