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absolutebl · 26 days

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This Week in BL - Screw everything else inject On1y into my damn veins

Organized, in each category, with ones I'm enjoying most at the top.

Aug 2024 Week 4

Ongoing Series - Thai

Monster Next Door (Thai Thurs Gaga ) eps 5-6 of 12 - Extreme introvert dealing with a very hot, very drunk, very affectionate extrovert was an excellent experience all around. “I was drunk and talking out of my ass, but I wasn’t lying” maybe one of the world’s greatest confessions. How meta that he’s checking out the book of the story that he’s in. Carry on boys, very enjoyable, very Thai BL.

My Love Mix-Up Th (Fri YT) ep 12 fin - It’s cute. They are all very cute. I do like it when high school BL gives us a coming out sequence. I know it’s old-fashioned, but it’s a trope that goes with this particular setting really well, and I just like it when it’s done nicely. I’m not sure I needed it to totally dominate the final episode of the series. But it was fine.

I gotta say, Fourth is an absolutely outstanding actor. He really did knocked it out of the park in this last episode especially.

In conclusion:

It was fine and it was charming, but it was also a little lackluster. Thailand managed to take one of Japan's softest cutest most bonkers BLs in recent memory and make it softer and cuter and... dull. They did this by watering it down. JBLs almost always have an edge to them, even the rom-coms, by dulling the edge, MLMU lost a great deal of the sparkle and tension as well. What an office setting managed to mostly maintain in the consummate hands of TayNew felt somewhat lackluster when handed off to the next generation and a high school setting. Cherry Magic was a lovely reinterpretation, Mix Up was an amateur's watercolor rendition of a colorful oil painting. Am I being harsh? G4 tried their best, and Fourth turned in some outrageously good acting in the latter half. But the show? It was fine. If you like water colors and you haven't seen (and loved) Kieta Hatsukoi. 8/10

This Love Doesn't Have Long Beans (Fri iQIYI) ep 8 fin - This was the first hint we got that the lead's relationship was anything more than sexual. And it was utilized for a breakup?! JJ and Wan's friendship is the best thing about this show. PWan selling JJ out to Methas was great. I was modestly delighted by the big fuck off ownership engagement ring. I admire a boy who likes to mark his territory with bling. I actually thought this was a decent final episode. If very rushed. I know, in general this ending was objectively weak, but I grinned the entire time, so I can’t really complain that much.

Final thoughts?

A story about a kid who infiltrates a cooking competition under false pretenses and then has to deal with the consequences when he falls in love with the head chef. The side couple is a poor little rich boy meets physical therapist (morality chain). The core friendships are excellent and the chemistry cannot be faulted across the (charcuterie) board. What this show lacks in substance it makes up for in health code violations. It was all chili all the time. Considering that the plot centered on betrayal but the romantic relationship never sweetened enough to balance that bitterness; one could be forgiven for throwing this one in the compost. But I got over all its weaknesses in flavor balancing for an ultimately satisfying meal, with a great dessert course. I've always loved spicy food. Plus the blooper reels were fantastic. 8/10

Addicted Heroin (Thai Tues WeTV) ep 2 of 10 - I like the side couple a lot. It’s nice to see that dynamic developed (as it wasn't in the CBL version). Of course, Thailand leans into a secondary couple, but I also like the super popular jock + geeky boy who couldn’t care less. You know what? I’m actually really enjoying this. And yes, I AM biased because it's August. (Wait, that could be taken several different ways this month. But you know what I mean.) Anygay, this is a lot softer than the original, and so Hero is much more of a pining character and less harsh. But I'm still enjoying it. I like the stepbrothers trope (we don’t get it very much from Thailand), and I enjoy the beats and pulses of this particular story. We will see if it derails into inconsequence and lack of conflict the way My Love Mixup did.

Sunset X Vibes (Sat iQIYI) ep 11 of 12 - I’m enjoying this show but it should’ve been just 10 eps. It’s feeling bloated at this juncture. That said, I loved our little GL kiss. Very pretty. I also really like the bit with Sam and Yo flirting with each other. Sam trying to get Yo to call him P'Sam was fucking brilliant. And then slipping in all of those nongs. Delightful. Linguistic negotiation, it's what's for dinner... along with Sam's d**k apparently. I frankly did not think they would take this couple that far. So, thank you very much everybody involved.

Battle of the Writers (Sun YT) ep 4 of 12 - I do enjoy watching Yim freak out and fall in love all over again. The reality is still better for me than the fantasy parts, but it’s all fun enough. The magic mushrooms bit was odd. In fact, there is definitely a core tenor of ODD going on with the show. Which I’m accustomed to from Japan but I’m not really sure about from Thailand. Thus I remain engaged but suspicious of this BL.

I Saw You in My Dream (Weds Gaga) ep 6 of 12 - Yu wants to take his baby on a trip, gets thwarted by his younger brother. Ouch. I really do think it’s time for Ai to tell Yu what’s going on with his dreams! Drunken boyfriend bolster pillow is a fav trope of mine. As usual, I’m catching second lead syndrome. What? I liked the rich boy badminton player. And then he picked up a guitar. Oh well.

The Trainee (Sun YouTube) ep 8 of 12 - No one cares about the hets. He was jelly? Cute. Also kinda an arse, by hey this is BL.

Ongoing Series - Not Thai

The On1y One (Taiwan Thurs Gaga) eps 1-2 of 12 - announced in 2023, high school, stepbrothers, and is reputed to be high heat. Based on a novel Mou Mou + the Your Name Engraved Herein team.

ARE YOU READY? I'M GOING TO NOT SO QUIETLY LOSE MY DAMN MIND

This is old-school BL and it’s bloody fantastic. Tsundere seme to beat all tsundere (smartest + tallest + bestest at everything but people) meets socially-ept cutie smart-ass protag.

They living together by end of ep 1 and start kissing by end of ep 2.

There is an Unknown quality to this, and that I love. Also, and ironic to say this while Addicted Heroin Th is airing, but this REALLY reminds me of Addicted. It’s so fucking good. I am all in on this show. Shut up while this eats my life.

Cosmetic Playlover (Japan Tues Gaga) eps 5-6 of 8 - Of course! The POV shift to the seme character at ep 5! How could I forget? Japan loves this beat! AND.... The running of the gays. And a use of a first name! So darling. Also some crazy great communication and conversation that is NOT a hallmark of Japan. Sahashi is so very possessive. I loved the switch that went on in his brain and the mania in his eyes when he thought someone else was interested in Natsume. I continue to love this.

I Hear the Sunspot AKA Hidamari ga Kikoeru (Japan Weds Gaga) ep 10 of 12 - I’m never going to like Maya. Sorry. And the leads were separated for most of this episodes so it was largely disappointing. I did like the insight into the way T sees the world, and sees the alienation of a disability and what it's dong to his friend. It’s very empathic. He’s such an appealing character in his obtuse bull-headed way.

Seoul Blues (Korea Fri? YouTube) ep 2 of 8 - It’s intriguing, and I'm happy to have anything from Korea on my dash. But, like Blue Boys, I’m not entirely sure if I like it or not.

First Note Of Love (Taiwan Mon Gaga) eps 3-4 of 12 - This may be Taiwan but I’m still in the "no singing" camp. I’m getting a slightly better chemistry feel off the leads in this episode. I’m not sure if they’re keeping it stiff because the younger character is under age or if it’s just that the actors aren’t there yet? (In other words is this a directing choice or a performance issue?)

Takara's Treasure AKA Takara No Vidro (Japan Mon Gaga) ep 8 of 10 - I've finally come down firmly on the fact that it’s the uneven power distribution (in terms of interest and enthusiasm for the relationship) that I dislike about this show. Generally, I like a power dynamic differential, kinky and all that. But this particular dynamic, when it’s the weaker personality that’s so much more into the stronger one? I never like it, unless it engages a serious pivot at some point. (See My Personal Weatherman or Takara & Amagi.)

It's airing but...

Sugar Dog Life (Japan Sun grey) ep 3 of 10 - I was really loving this one but I can't find ep 3 anywhere so I guess I gotta wait it out. I hope I get to see it eventually.

4 Minutes (Sat Gaga) eps 1-6 of 8 - Gaga picked this one up so we can watch it there. If I have time, I'll get caught up and put it into rotation.

In case you missed it

Meet You at the Blossom (China) - I'm eating crow, binging the fucker, and live blogging.

The Time of Fever AKA Unintentional Love Story 2 (Korea movie) trailer IS COMING IN SEPTEMBER!!!! (Yeah this is gonna sit here until then).

Next Week Looks Like This:

Upcoming BLs for 2024 are listed here. This list is not kept updated, so please leave a comment if you know something new or RP with additions.

Coming Next Month:

The Time of Fever (Korea)

9/1 Live in Love (Thai)

9/3 Happy of the End (Japan)

9/6 Kidnap (Thai)

9/7 The Hidden Moon (Thai)

9/9 Jack & Joker (Thai)

9/14 Love Sick 2024 (Thai)

9/17 Love is Like a Poison AKA Doku Koi: Doku mo Sugireba Koi to Naru (Japan)

More deets next week. It's late and I'm tired.

THIS WEEK’S BEST MOMENTS

It was pretty. I am very shallow.

Even more pretty. Petition to have Tenon with his shirt off and hair back in every subsequent Thai BL? Just because.

(SunsetXVibes)

(Last week)

Streaming services are listed by how I (usually) watch, which is with a USA based IP, and often offset by a day because time zones are a pain.

The tag BLigade: @doorajar @solitaryandwandering @my-rose-tinted-glasses @babymbbatinygirl @babymbbatinygirl @isisanna-blog @mmastertheone @pickletrip @aliceisathome @urikawa-miyuki @tokillamonger @sunflower-positiiivity @rocketturtle4 @blglplus @anythinggoesintheshire @everlightly @renafire @mestizashinrin @bl-bam-beyond @small-dark-and-delicious @saezurumurmurs

Sigh, Tumblr in its infinite wisdom doesn't like too many tags.

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mostlysignssomeportents · 1 year

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The long, bloody lineage of private equity's looting

Tomorrow (June 3) at 1:30PM, I’m in Edinburgh for the Cymera Festival on a panel with Nina Allen and Ian McDonald.

Monday (June 5) at 7:15PM, I’m in London at the British Library with my novel Red Team Blues, hosted by Baroness Martha Lane Fox.

Fans of the Sopranos will remember the “bust out” as a mob tactic in which a business is taken over, loaded up with debt, and driven into the ground, wrecking the lives of the business’s workers, customers and suppliers. When the mafia does this, we call it a bust out; when Wall Street does it, we call it “private equity.”

It used to be that we rarely heard about private equity, but then, as national chains and iconic companies started to vanish, this mysterious financial arrangement popped up with increasing frequency. When a finance bro’s presentation on why Olive Garden needed to be re-orged when viral, there was a lot off snickering about the decline of a tacky business whose value prop was unlimited carbs. But the bro was working for Starboard Value, a hedge fund that specialized in buhying out and killing off companies, pocketing billions while destroying profitable businesses.

https://www.salon.com/2014/09/17/the_real_olive_garden_scandal_why_greedy_hedge_funders_suddenly_care_so_much_about_breadsticks/

Starboard Value’s game was straightforward: buy a business, load it with debt, sell off its physical plant — the buildings it did business out of — pay itself, and then have the business lease back the buildings, bleeding out money until it collapsed. They pulled it with Red Lobster,and the point of the viral Olive Garden dis track was to soften up the company for its own bust out.

The bust out tactic wasn’t limited to mocking middlebrow family restaurants. For years, the crooks who ran these ops did a brisk trade in blaming the internet. Why did Sears tank? Everyone knows that the 19th century business was an antique, incapable of mounting a challenge in the age of e-commerce. That was a great smokescreen for an old-fashioned bust out that saw corporate looters make off with hundreds of millions, leaving behind empty storefronts and emptier pension accounts for the workers who built the wealth the looters stole:

https://prospect.org/economy/vulture-capitalism-killed-sears/

Same goes for Toys R Us: it wasn’t Amazon that killed the iconic toy retailer — it was the PE bosses who extracted $200m from the chain, then walked away, hands in pockets and whistling, while the businesses collapsed and the workers got zero severance:

https://www.washingtonpost.com/news/business/wp/2018/06/01/how-can-they-walk-away-with-millions-and-leave-workers-with-zero-toys-r-us-workers-say-they-deserve-severance/

It’s a good racket — for the racketeers. Private equity has grown from a finance sideshow to Wall Street’s apex predator, and it’s devouring the real economy through a string of audactious bust outs, each more consequential and depraved than the last.

As PE shows that it can turn profitable businesses gigantic windfalls, sticking the rest of us with the job of sorting out the smoking craters they leave behind, more and more investors are piling in. Today, the PE sector loves a rollup, which is when they buy several related businesses and merge them into one firm. The nominal business-case for a rollup is that the new, bigger firm is more “efficient.” In reality, a rollup’s strength is in eliminating competition. When all the pet groomers, or funeral homes, or urgent care clinics for ten miles share the same owner, they can raise prices, lower wages, and fuck over suppliers.

They can also borrow. A quirk of the credit markets is that a standalone small business is valued at about 3–5x its annual revenues. But if that business is part of a large firm, it is valued at 10–20x annual turnover. That means that when a private equity company rolls up a comedy club, ad agency or water bottler (all businesses presently experiencing PE rollup), with $1m in annual revenues, it shows up on the PE company’s balance sheet as an asset worth $10–20m. That’s $10–20m worth of collateral the PE fund can stake for loans that let it buy and roll up more small businesses.

2.9 million Boomer-owned businesses, employing 32m people, are expected to sell in the next couple years as their owners retire. Most of these businesses will sell to PE firms, who can afford to pay more for them as a prelude to a bust out than anyone intending to operate them as a productive business could ever pay:

https://pluralistic.net/2022/12/16/schumpeterian-terrorism/#deliberately-broken

PE’s most ghastly impact is felt in the health care sector. Whole towns’ worth of emergency rooms, family practices, labs and other health firms have been scooped up by PE, which has spent more than $1t since 2012 on health acquisitions:

https://pluralistic.net/2022/11/17/the-doctor-will-fleece-you-now/#pe-in-full-effect

Once a health care company is owned by PE, it is significantly more likely to commit medicare fraud. It also cuts wages and staffing for doctors and nurses. PE-owned facilities do more unnecessary and often dangerous procedures. Appointments get shorter. The companies get embroiled in kickback scandals. PE-backed dentists hack away at children’s mouths, filling them full of root-canals.

https://pluralistic.net/2022/11/17/the-doctor-will-fleece-you-now/#pe-in-full-effect

The Healthcare Private Equity Association boasts that its members are poised to spend more than $3t to create “the future of healthcare.”

https://hcpea.org/#!event-list

As bad as PE is for healthcare, it’s worse for long-term care. PE-owned nursing homes are charnel houses, and there’s a particularly nasty PE scam where elderly patients are tricked into signing up for palliative care, which is never delivered (and isn’t needed, because the patients aren’t dying!). These fake “hospices” get huge payouts from medicare — and the patient is made permanently ineligible for future medicare, because they are recorded being in their final decline:

https://pluralistic.net/2023/04/26/death-panels/#what-the-heck-is-going-on-with-CMS

Every part of the health care sector is being busted out by PE. Another ugly PE trick, the “club deal,” is devouring the medical supply business. Club deals were huge in the 2000s, destroying rent-controlled housing, energy companies, Mervyn’s department stores, Harrah’s, and Old Country Joe. Now it’s doing the same to medical supplies:

https://pluralistic.net/2021/05/14/billionaire-class-solidarity/#club-deals

Private equity is behind the mass rollup of single-family homes across America. Wall Street landlords are the worst landlords in America, who load up your rent with junk fees, leave your home in a state of dangerous disrepair, and evict you at the drop of a hat:

https://pluralistic.net/2021/08/16/die-miete-ist-zu-hoch/#assets-v-human-rights

As these houses decay through neglect, private equity makes a bundle from tenants and even more borrowing against the houses. In a few short years, much of America’s desperately undersupplied housing stock will be beyond repair. It’s a bust out.

You know all those exploding trains filled with dangerous chemicals that poison entire towns? Private equity bust outs:

https://pluralistic.net/2022/02/04/up-your-nose/#rail-barons

Where did PE come from? How can these people look themselves in the mirror? Why do we let them get away with it? How do we stop them?

Today in The American Prospect, Maureen Tkacik reviews two new books that try to answer all four of these questions, but really only manage to answer the first three:

https://prospect.org/culture/books/2023-06-02-days-of-plunder-morgenson-rosner-ballou-review/

The first of these books is These Are the Plunderers: How Private Equity Runs — and Wrecks — America by Gretchen Morgenson and Joshua Rosner:

https://www.simonandschuster.com/books/These-Are-the-Plunderers/Gretchen-Morgenson/9781982191283

The second is Plunder: Private Equity’s Plan to Pillage America, by Brendan Ballou:

https://www.hachettebookgroup.com/titles/brendan-ballou/plunder/9781541702103/

Both books describe the bust out from the inside. For example, PetSmart — looted for $30 billion by RaymondSvider and his PE fund BC Partners — is a slaughterhouse for animals. The company systematically neglects animals — failing to pay workers to come in and feed them, say, or refusing to provide backup power to run during power outages, letting animals freeze or roast to death. Though PetSmart has its own vet clinics, the company doesn’t want to pay its vets to nurse the animals it damages, so it denies them care. But the company is also too cheap to euthanize those animals, so it lets them starve to death. PetSmart is also too cheap to cremate the animals, so its traumatized staff are ordered to smuggle the dead, rotting animals into random dumpsters.

All this happened while PetSmart’s sales increased by 60%, matched by growth in the company’s gross margins. All that money went to the bust out.

https://www.forbes.com/sites/antoinegara/2021/09/27/the-30-billion-kitty-meet-the-investor-who-made-a-fortune-on-pet-food/

Tkacik says these books show that we’re finally getting wise to PE. Back in the Clinton years, the PE critique painted the perps as sharp operators who reduced quality and jacked up prices. Today, books like these paint these “investors” as the monsters they are — crooks whose bust ups are crimes, not clever finance hacks.

Take the Carlyle Group, which pioneered nursing home rollups. As Carlyle slashed wages, its workers suffered — but its elderly patients suffered more. Thousands of Carlyle “customers” died of “dehydration, gangrenous bedsores, and preventable falls” in the pre-covid years.

https://www.washingtonpost.com/business/economy/opioid-overdoses-bedsores-and-broken-bones-what-happened-when-a-private-equity-firm-sought-profits-in-caring-for-societys-most-vulnerable/2018/11/25/09089a4a-ed14-11e8-baac-2a674e91502b_story.html

KKR, another PE monster, bought a second-hand chain of homes for mentally disabled adults from another PE company, then squeezed it for the last drops of blood left in the corpse. KKR cut wages to $8/hour and increased shifts to 36 hours, then threatened to have workers who went home early arrested and charged with “patient abandonment.” Many of these homes were often left with no staff at all, with patients left to starve and stew in their own waste.

PE loves to pick on people who can’t fight back: kids, sick people, disabled people, old people. No surprise, then, that PE loves prisons — the ultimate captive audience. HIG Capital is a $55b fund that owns TKC Holdings, who got the contract to feed the prisoners at 400 institutions. They got the contract after the prisons fired Aramark, owned by PE giant Warburg Pincus, whose food was so inedible that it provoked riots. TKC got a million bucks extra to take over the food at Michigan’s Kinross Correctional Facility, then, incredibly, made the food worse. A chef who refused to serve 100 bags of rotten potatoes (“the most disgusting thing I’ve seen in my life”) was fired:

https://www.wzzm13.com/article/news/local/michigan/prison-food-worker-i-was-fired-for-refusing-to-serve-rotten-potatoes/69-467297770

TKC doesn’t just operate prison kitchens — it operates prison commissaries, where it gouges prisoners on junk food to replace the inedible slop it serves in the cafeteria. The prisoners buy this food with money they make working in the prison workshops, for $0.10–0.25/hour. Those workshops are also run by TKC.

Tkacic traces private equity back to the “corporate raiders” of the 1950s and 1960s, who “stealthily borrowed money to buy up enough shares in a small or midsized company to control its biggest bloc of votes, then force a stock swap and install himself as CEO.”

The most famous of these raiders was Eli Black, who took over United Fruit with this gambit — a company that had a long association with the CIA, who had obligingly toppled democratically elected governments and installed dictators friendly to United’s interests (this is where the term “banana republic” comes from).

Eli Black’s son is Leon Black, a notorious PE predator. Leon Black got his start working for the junk-bonds kingpin Michael Milken, optimizing Milken’s operation, which was the most terrifying bust out machine of its day, buying, debt-loading and wrecking a string of beloved American businesses. Milken bought 2,000 companies and put 200 of them through bankruptcy, leaving the survivors in a brittle, weakened state.

It got so bad that the Business Roundtable complained about the practice to Congress, calling Milken, Black, et al, “a small group is systematically extracting the equity from corporations and replacing it with debt, and incidentally accumulating major wealth.”

Black stabbed Milken in the back and tanked his business, then set out on his own. Among the businesses he destroyed was Samsonite, “a bankrupt-but-healthy company he subjected to 12 humiliating years of repeated fee extractions, debt-funded dividend payments, brutal plant closings, and hideous schemes to induce employees to buy its worthless stock.”

The money to buy Samsonite — and many other businesses — came through a shadowy deal between Black and John Garamendi, then a California insurance commissioner, now a California congressman. Garamendi helped Black buy a $6b portfolio of junk bonds from an insurance company in a wildly shady deal. Garamendi wrote down the bonds by $3.9b, stealing money “from innocent people who needed the money to pay for loved ones’ funerals, irreparable injuries, etc.”

Black ended up getting all kinds of favors from powerful politicians — including former Connecticut governor John Rowland and Donald Trump. He also wired $188m to Jeffrey Epstein for reasons that remain opaque.

Black’s shady deals are a marked contrast with the exalted political circles he travels in. Despite private equity’s obviously shady conduct, it is the preferred partner for cities and states, who buy everything from ambulance services to infrastructure from PE-owned companies, with disastrous results. Federal agencies turn a blind eye to their ripoffs, or even abet them. 38 state houses passed legislation immunizing nursing homes from liability during the start of the covid crisis.

PE barons are shameless about presenting themselves as upstanding cits, unfairly maligned. When Obama made an empty promise to tax billionaires in 2010, Blackstone founder SteveS chwarzman declared, “It’s a war. It’s like when Hitler invaded Poland in 1939.”

Since we’re on the subject of Hitler, this is a good spot to bring up Monowitz, a private-sector satellite of Auschwitz operated by IG Farben as a slave labor camp to make rubber and other materiel it supplied at a substantial markup to the wermacht. I’d never heard of Monowitz, but Tkacik’s description of the camp is chilling, even in comparison to Auschwitz itself.

Farben used slave laborers from Auschwitz to work at its rubber plant, but was frustrated by the logistics of moving those slaves down the 4.5m stretch of road to the facility. So the company bought 25,000 slaves — preferring children, who were cheaper — and installed them in a co-located death-camp called Monowitz:

https://www.commentary.org/articles/r-tannenbaum/the-devils-chemists-by-josiah-e-dubois-jr/

Monowitz was — incredibly — worse than Auschwitz. It was so bad, the SS guards who worked at it complained to Berlin about the conditions. The SS demanded more hospitals for the workers who dropped from beatings and overwork — Farben refused, citing the cost. The factory never produced a steady supply of rubber, but thanks to its gouging and the brutal treatment of its slaves, the camp was still profitable and returned large dividends to Farben’s investors.

Apologists for slavery sometimes claim that slavers are at least incentivized to maintain the health of their captive workforce. This was definitely not true of Farben. Monowitz slaves died on average after three months in the camp. And Farben’s subsidiary, Degesch, made the special Zyklon B formulation used in Auschwitz’s gas chambers.

Tkacik’s point is that the Nazis killed for ideology and were unimaginably cruel. Farben killed for money — and they were even worse. The banality of evil gets even more banal when it’s done in service to maximizing shareholder value.

As Farben historian Joseph Borkin wrote, the company “reduced slave labor to a consumable raw material, a human ore from which the mineral of life was systematically extracted”:

https://www.scribd.com/document/517797736/The-Crime-and-Punishment-of-I-G-Farben

Farben’s connection to the Nazis was a the subject of Germany’s Master Plan: The Story of Industrial Offensive, a 1943 bestseller by Borkin, who was also an antitrust lawyer. It described how Farben had manipulated global commodities markets in order to create shortages that “guaranteed Hitler’s early victories.”

Master Plan became a rallying point in the movement to shatter corporate power. But large US firms like Dow Chemical and Standard Oil waged war on the book, demanding that it be retracted. Borkin was forced into resignation and obscurity in 1945.

Meanwhile, in Nuremberg, 24 Farben executives were tried for their war crimes, and they cited their obligations to their shareholders in their defense. All but five were acquitted on this basis.

Seen in that light, the plunderers of today’s PE firms are part of a long and dishonorable tradition, one that puts profit ahead of every other priority or consideration. It’s a defense that wowed the judges at Nuremberg, so should we be surprised that it still plays in 2023?

Tkacik is frustrated that neither of these books have much to offer by way of solutions, but she understands why that would be. After all, if we can’t even close the carried interest tax loophole, how can we hope to do anything meaningful?

“Carried interest” comes up in every election cycle. Most of us assume it has something to do with “interest payments,” but that’s not true. The carried interest loophole relates to the “interest” that 16th-century sea captains had in their cargo. It’s a 600-year-old tax loophole that private equity bosses use to pay little or no tax on their billions. The fact that it’s still on the books tells you everything you need to know about whether our political class wants to do anything about PE’s plundering.

Notwithstanding Tkacik’s (entirely justified) skepticism of the weaksauce remedies proposed in these books, there is some hope of meaningful action. Private equity’s rollups are only possible because they skate under the $101m threshold for merger scrutiny. However, there is good — but unenforced — law that allows antitrust enforcers to block these mergers. This is the “incipiency standard” — Sec 7 of the Clayton Act — the idea that a relatively small merger might not be big enough to trigger enforcement action on its own, but regulators can still act to block it if it creates an incipient monopoly.

https://pluralistic.net/2022/12/16/schumpeterian-terrorism/#deliberately-broken

The US has a new crop of aggressive — fearless — top antitrust enforcers and they’ve been systematically reviving these old laws to go after monopolies.

That’s long overdue. Markets are machines for eroding our moral values: “In comparison to non-market decisions, moral standards are significantly lower if people participate in markets.”

https://web.archive.org/web/20130607154129/https://www.uni-bonn.de/Press-releases/markets-erode-moral-values

The crimes that monsters commit in the name of ideology pale in comparison to the crimes the wealthy commit for money.

Catch me on tour with Red Team Blues in Edinburgh, London, and Berlin!

If you’d like an essay-formatted version of this post to read or share, here’s a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

https://pluralistic.net/2023/06/02/plunderers/#farbenizers

[Image ID: An overgrown graveyard, rendered in silver nitrate monochrome. A green-tinted businessman with a moneybag in place of a head looms up from behind a gravestone. The right side of the image is spattered in blood.]

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chalkrub · 1 year

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art trade stuff for @sharkflan ! love these thangs

#my art #illustration #furry #anthro #monster #had a lot of fun doodling these guys #i believe i've said this before but flan's stuff is rockin go check it out!!!!!!#also scrumping season is over so here's the reviews: terrible year for apples and pears. incredible year for plums damsons greengages #if you've never tried a greengage you have GOT to try one they're the most beautiful fruit known to man #oh and blackberries/cherries/berries in general did good this year too they were tasty #i love picking fruit so much i was put on this earth to forage i think

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sculien · 8 months

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Death is the disease that broke my family. I'm sick of seeing it. My hypothesis? If death is a disease... then there's a cure. And I'm gunna find it.

The Angry Black Girl and Her Monster (2023) Dir. Bomani Story

#the angry black girl and her monster #horroredit #filmedit #tvedit #junkfooddaily #usercats #tuserjana #tusermiles #kallypsos #tusercasey #usertj #horror gifs #flash tw #flashing #flashing tw #honestly fuck all the bad reviews for this film 😤#*mine

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therefugeofbooks · 3 months

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Hell Followed With Us by Joseph Andrew White mini review

What I liked:

Complex relationships

Fast-paced

It's gory

What I didn’t like

Repetitive inner monologues

Weak side characters

Overall, it was one of the best ya books I read in a while. It’s violent and cruel, and it doesn’t shy away from difficult topics. Recommending for anyone looking for a horror book!

#and maybe this is a me thing but i couldn't picture the monsters and the world for most part of the book #gimme some good descriptions!!#books #booklr #book photography #hell followed with us #o inferno que nos persegue #andrew joseph white #ya horror #ya books #queer books #queer ya #horror #read in 2024 #50 days of booklr #the refuge's reviews #books and coffee #book reviews #the refuge of books

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doodlebethel · 9 months

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I am so excited for the Dungeon Meshi anime to come out this week I wanted to draw something to celebrate, but I didn't know what... so I just drew Laios' strong, perfect, and extremely cool monster

#dungeon meshi #delicious in dungeon #laios perfect monster #chimera #As a fellow monster enthusiast I question some of his choices but respect his vision #this is based on the earlier drawings in the story #no spoilers for the anime watchers #but I have heard some mixed reviews from advanced screeners I really hope this is a good adaptation

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momolady · 9 months

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2023 Year End Stats

Not to be stereotypical or anything, but for me at least, 2023 was an odd year. I bled for 6 months straight, dealt with the worst pain I still can't comprehend, had a hysterectomy, moved in with my partner, got some cats, dealt with a lot of stress, watched the world burn. Yeah, it's been pretty good to outweigh the bad.

But anyways! I've done the math and put together a list of my stories that performed the best this year. At least in terms of notes anyways. I'm also going to share my stories that didn't perform as well and hope they get the love they deserve.

Anyways, let's get on with the count down. Forty total stories have published on Tumblr this year. Sixty-six were published on Patreon. Top monsters were orcs (7), Vampire (3), Fae, Minotaur, Romm Monster, Lich (all 2).

Top Ten Stories:

10. Kahann the Naga

This one would probably be in my top ten favorites to write of the year. This dark, twisted romance between a lonely, isolated girl shipwrecked on an island with the dangerous and sexy Kahann struck the dark romance itch I've been wanting to scratch.

9. Keir the Orc

Comfy farm romance that features annoyances to lvoers. What else could you want? Orcs are always fun to write, I feel I could do it with my eyes closed, but thankfully I don't wanna do that.

8. Atharo the Lich

The pink lich, this one had imagery in it I couldn't get out of my head. the visions of this pink lich still huant me and I wish I could conjur such sstrong imagery still.

7. Asier the Drider

A simple premise we cann understand. Getting packages and ordering online is probably yhe msot fun we can have without leaving our homes. But what if your neighbor was annoyed by this? And what if that neighbor was a drider?

6. Auberon the Room Monster

The enchanted library. i think I've written more about the romance and mystery of bookstores an libraries more than anything. But this story was special, with lots of worldbuilding wrapped like a blanket around these characters. The room this monster stays in is the library, and who doesn't wanna spend time with that guy?

5. Marek the Vampire

This murky, dark, and swampy tale is one of those that stays with me. The idea of a different sort of vampire, one in the bogs and wetlands of a strange peninsula that gets flooded every year haunts me. The image of him is one of my absolute favorite creations and I hope I get to visit this peninsula village again.

4. Placide the Paralangua

This story marks the beginning and growth of my Charcourt universe. Liek Hearthway Hollow it's a town filled to the brim with straneg creatures, only it's the Paralangua, alligator type monsters who throw a festival every year to celebrate their history and the continued growth of Charcourt. Is it a cult? Maybe. There's a new five part tale of this area up on Patreon now.

3. Ben the Werewolf

Enmies to lovers, I think most people get on board with this trope. This tale of Hearthway Hollow delves into the relationship between two high school enemies who reconnect after years and manage to put aside their competitivness to find one another. The lead in thisstory is also Rowan's little sister.

2. Leraye the Demon

Demons are always fun. My demon characters have ways of weaving themselves in and out of the world we know, sometimes as proper members of society, often not. Leraye is one of those that visits our world as a full time member, seeing out the comforts of a Chinese bakery whose owners are a family with ties into the reality he avoids.

Florenz the Vampire Bat

This would for sure also be on my favorites of the year. This dark story wove together elements of fantasy, horror, and romance that I love to death. The lead is sophisticated and dashing, the lead is adventurous and excitable. The chemistry between the leads while writing this tale was so good.

The Ten Least Appreciated Stories

10. Juniper the Tiefling

I am deeply disappointed this didn't do as well as I expected. This story was based on characters me and my bff made for a one shot DND session. So this story was more personal to me than others. but more than that, I feel it had some of my best banter!

9. Rocco the Guard

Another personal tale based on ideas me and my friend came up with during a visit where we watched the Owl House together. I also greatly enjoyed the leading lady who was smart, spunky, and chaotic in the absolute best ways.

8. Ozzie the Werewolf & Tryfon the Naiad

It has a trans lead, it has polyamory, it was set in hearthway Hollow! I thought this story was serving up gold on a platter. But maybe people weren't in the mood for gold. The comedy in this is top notch, at least I thought.

7. Laertes the Fae

Another story where the dialogue I feel sparkles and pops with every interaction the characters had. This did only recently come out, so maybe it'll grow after this.

6. Ransom the Shapeshifter

Another personal story based around lore me and my bff created for our Stardew Valley characters. It also featured a nonbinary lead and monster, I thought people would be excited for this. I loved playing with the avant-garde sci-fi aspect and being a little weird. But maybe that's why people didn't like it too much lol

5. The Leshy

Another story that would be in my top ten for my personal favorites to write. I loved the complexity of the leading lady and crafting her has made her a personal favorite. The characters and world of this story will be one that stays with my thoughts as I think about the cozy, dark streets anfdthe moss covered steps of the buildings.

4. Jaqueline the Dullahan

This story has it all! Chocolate, Halloween, a sexy dullahan chef, and it's a lesbian romance. Maybe I don't have enough wlw readers but this story came from a ko-fi prompt I wrot and just grew into a full fledged story. I really enjoyed the atmosphere of this story and how it felt like a cozy fireplace with hot cocoa.

3. Beast the Symbiote

Beast is a character I have been wanting to get out into the world for years. She's such a complex villain character, and who doesn't love that. I feel like she is one of my coolest characters. Lucky Devil was also a character I had been dying to get out, she's been in my head since I watched Magi Madoka and she took form slowly over the years. She is in part based on me, and I want to do more with this lovely couple.

2. Fia the Selkie

I'm starting to see a pattern here. Male reader stories aren't ya'lls cup of tea? Too bad, I have some amazing male readers and commissioners I adore working for. Fia was this comforting warm blanket of a story. A struggling musician and the lovely Selkie he's come to be with. I really love this story, please check it out if you want some comfort.

1.Ria the Orc: an AU

I'm actually a wee bit pissed about this one. Another male reader, and Ria is a character I've come to absolutely love. This was written for a commissioner I've come to consider a friend, and writing for him has become an amazing experience. Ria and her beau have also become such real, loving characters in my head. This was an AU of the modern monsters Ria where she is in Obresh and participates in the Reaping. Who doesn't love Reaping stories? C'mon folks, give these ten stories the love they deserve!

Thank you all for an amazing year! Next year I will hopefully publish and you're going to see bigger and grander things from me, I owe that to all of you. Keep a look out for my Ozren novel hitting the shelf soon. Thank you so much and I hope I continue to write stories you love.

#top ten #year in review #2023 #monster romance #monster fuqqer #monster smut #orc #vampire #lich #fae #writblr #writing community #creative writing #personal

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bleghxy · 6 months

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GL Manga Recs:

Summary: Mizuno, the daughter of a mayoral candidate, is desperate to escape the suffocating pressure and scrutiny of smalltown life. Chayama, the heiress of the tea company Chayama-en, is adamantly walking down the path laid out for her, despite being forced to atone for her family’s apparent misdeeds. Yet in the bubble of the school’s third floor guidance counseling room-away from rumors, watchful eyes, and their feuding families-they’re simply Mizuno and Chayama, two teenagers who find comfort and hope in each other. But when the outside world tries to tear them apart, the two must find a way to protect their relationship and, more importantly, themselves…

Review: This was such a good read!!! They live in a hell hole and basically find solace in each other and it's just so good. I recommend this a lot! Do look up the trigger warnings for this.

Status: Completed

Yuki and the Authoress by Yuu Nagori

Summary: Young cafe worker Yuki dreams of romance and a life far more wonderful than her own, but has no way to do anything but hope for the future – but a chance encounter with the beautiful, mysterious authoress Azuma Beniko, a woman who seems to know love like the back of her hand, might change the very way she looks at the world…

Review: They're so cutee!!! I genuinely wish it didn't get rushed near the end but I still liked it a lot.

Status: Completed

This Monster Wants to Eat Me by Naekawa Sai

Summary: “I’ve come to eat you.” So softly utters the mermaid Shiori as she emerges from the sea and takes high school girl Hinako by the hand. Hinako lives alone in a town by the sea and possesses an unusually delicious body that is irresistible to nearby monsters. To ensure that she matures to the best condition, Shiori seeks to protect Hinako—all so that someday, she can devour every piece of her. What will become of Hinako’s feelings as this looming unjust death closes in on her…?

Review: I have so many thoughts about this manga! It's doomed yuri and has horror elements! The characters are also very well written! I highly recommend this! However I do recommend looking up the trigger warnings before reading this.

Status: Ongoing

If We Leave on the Dot by Ayu Inui

Summary: Yukawa comes into the office and always hangs up her coat on the rack; most others just sling it over their chairs. That may be because Yukawa is proper, but maybe because she loves receiving handwritten notes from her coworker Mizuki. Until recently, Yukawa only knew Mizuki and her sweet vanilla scent from afar, but one day she was able to befriend her after a mix up with their coats. Since then, Mizuki communicates with Yukawa and asks her to go out after work via pen, paper, and coat. They never make plans ahead of time, nor do they even know each other's phone numbers. As Yukawa navigates her feelings and learns more about Mizuki, will their relationship blossom into more than whatever it is right now?

Review: This was soo adorable! It's an office GL. It's very wholesome. They communicate a whole lot and they start dating very early on so there's lots of dating content!

Status: Completed

Kurai Mori, Shiroi Michi by Chiyu Yoshida

Summary: In a small, lonely country town, a depressed young woman has a bittersweet encounter with a blind girl.

Review: This felt very incomplete. I wish it had more of a better epilogue but it was still a good read.

Status: Completed

Mizuiro Cinema by Hiyori Otsu

Status: Completed

Summary: Aqua Blue Cinema is about an actress and a girl she meets through unusual circumstances.

Review: A very cute read!

If you want more GL recs:

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good-pokemon-center-reviews · 2 years

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#average monster factory fan /pos #pokemon #stuffed animals #toycore #plush #mime jr #pokemon center reviews

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absolutebl · 1 month

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This Week in BL - Getting hot under the collar and in the kitchen and on the pool table and...

Organized, in each category, with ones I'm enjoying most at the top.

Aug 2024 Week 3

Ongoing Series - Thai

Monster Next Door (Thai Thurs Gaga ) eps 3-4 of 12 - one of the things I'm enjoying about this show is the fact that the introverted super shy uke is having hot fantasies, and the extroverted seme is having the sweet fantasies. It's another way this show is highlighting God being the world's greenest flagged seme BL has ever produced. (And he's being given stiff competition this year - trend alert.)

Anygay: God is so cute and so not cool and so in love and all the consent asking word salad coming out of this boy. I LOVE him.

Diew: It’s ep 4 so I’ve decided we can talk face-to-face. God: So how many children do you want?

The teaching him to play basketball bit, where God politely asks to hold his hand, is so freaking adorable I can’t.

I'm thinking of calling this show the anti-Mame pill.

Blue pill? Red pill? GREEN pill!

My Love Mix-Up Th (Fri YT) ep 11 of 12 - We gotta talk. I do like this version, but it’s starting to feel lackluster. Perhaps it always was by comparison to the bright sparkle uniqueness of the original. Perhaps I didn't notice because I was distracted by G4. But now I gotta say it's become a bit disappointing and even my love for G4 can’t seem to bind me to this. Frankly, this show is making me want to watch either the Japanese version, or My School President. It’s never a good sign when a currently airing BL makes me want to stop that and go rewatch an old one I’ve already seen.

NO SINGING.

Meanwhile, the "locked on the rooftop" trope! I haven’t seen that one in years. Cool. Also cute kisses. They learning.

This Love Doesn't Have Long Beans (Fri iQIYI) ep 7 of 8 - I can’t believe this is ending next week. But also I can. And I have thoughts.

I really love SailubPon. They might be one of my favorite newer pairs on the scene right now. But I just don’t believe in these characters or this couple. I don’t feel like they are going to have a lasting relationship. It feels like they’re just using each other for sex and distraction, and that’s how the script to set it up, and as a result they’re never gonna make it as a couple. As soon as the sexual fire between them burns out, what do they have to build a relationship on? Frankly? That would be fine if this were a modern love drama, and not a BL. But this IS a BL.

Putting the health code violators aside, I really do believe in the secondary pair, but they haven’t been given enough bandwidth to develop as a couple. There’s no way they’re going to adequately resolve Methas and JJ in the final episode.

At this juncture, I’m mostly finding this show annoying. Which in itself is annoying, because I wanted to love it.

Why is it that Thailand, the land of the best food in the world, king of BLs, struggles so hard to produce the restaurant set BL of my dreams? I’m really pissed about this.

That said, the Methas & JJ stuff is killer. Loved JJ running away. So good. Plus the age old decision - love or money?

Battle of the Writers (Sun YT) ep 2-3 of 12 - The issue was me and I've managed to get hold of this show again. The story within the story is so ridiculously badly written I'm going spare. I’m not sure if the outside show is not ALSO badly written. That said, I do love how the 3 writer friends are all shipping our leads. It’s VERY silly. Meanwhile, cohabitation trope is a go.

I like the side couple too. Stern Daddy + lost puppy is a very cute dynamic, I hope we get more than just crumbs. I actually am enjoying this show now. Ep 3 kinda derailed into this weird chimera novel that they’re all writing together and I’m finding that bit the least interesting, but I adore the domestic components which I think may turn out to be TutorYim's strength (if they're allowed to lean into it).

Addicted Heroin (Thai Tues WeTV) ep 1 of 10 - Man I hope this gets some kind of distribution at some point. It was a pain to find and watch. But I enjoyed it. The focus is more on the seme in Thailand’s version. Which I don’t mind since that's rare in BL, and it’s more August on my screen. It’s all round softer than China’s version but still feels very familiar. I know some fans are struggling with it, but not me.

Sunset X Vibes (Sat iQIYI) ep 10 of 12 - I like that Sam’s crafty business espionage has paid off. Them teasing Sam & Yo really had me belly laughing. It was so funny.

Legitimate question. Would one put perfume on one’s cheeks in Thailand, as one does on wrist or sternum? Because of the sniff cheek thing? Scented face powders?

I do feel like with MosBank & SailubPon scorching up our screens, we’re being spoiled by some of Thailand‘s best high heat pairs at the moment.

I Saw You in My Dream (Weds Gaga) ep 5 of 12 - It remains kind of sweet and cute. It's also calm and slow moving. Oddly it reminds me of La Cuisine in its style and execution (if not content). I’m enjoying it more than I thought I would.

The Trainee (Sun YouTube) ep 7 of 12 - I don’t know. I’m getting bored.

Love Sea (Sun iQIYI) ep 10fin - Fort’s acting during the break-up was truly great. But I feel for Rak. It’s rough to learn that someone else is playing a long game with feelings while you were playing a short game with d**k.

Ultimately this is probably a solid 8/10 show but I’m mad I wasn’t madder at it, and I'm mad I was so bored throughout. So it gets a 7/10 and let us not speak of this again. I’d like to simply forget about it. Trash watch.

Ongoing Series - Not Thai

Sugar Dog Life (Japan Sun grey) ep 1-2 of 10 - OMG a uni student who looks young and a... COP! GAH. The subversion and kink of it all. I had to go grey to get it and I hate everything about what I had to do. But ya know what? Fucking worth every single repeated crash-causing advertisement.

I love it. The grumpy lonely little student cook and the cheerful mature police officer. What a fabulous dynamic. Is the cook looking for a boyfriend or a Daddy, and do we care if it has the same result? It is filmed VERY manga style camp. I’m a little nervous about that, but this means it’s also very fluffy and so damn sweet. It made me squeak with the cute. I’m gutted this didn’t get distribution.

Ironic that Tawada Hideya is in a new BL while Sunspot is re-airing.

Cosmetic Playlover (Japan Tues Gaga) eps 3-4 of 8 - Ah, the gays are doubting the bisexual again. How familiar. I like how this one is paced and moving through time, even if the relationship seems to be going comparatively slowly by contrast. I love the way Sahashi is always looking at Natsume, even when they’re in conversation with someone else. Ah yearning. I think the conflict was kind of inevitable, given the two personalities of the protagonists, and I like that. (No manufactured angst here.) But I still hope they can repair the breach and I’m still interested. Frankly this is so classically Japan - I don’t know what story beats it’s following and I’m not entirely sure where it’s going, but I kinda like that unpredictability. Makes me think it could go into "must you, Japan?" territory but fingers crossed.

I Hear the Sunspot AKA Hidamari ga Kikoeru (Japan Weds Gaga) ep 9 of 10 - I'm enjoying it very much. I could do without the girl character. I know she’s more interesting than most (this is Japan after all), but she’s not really for me. It’s the complexity of the connection between the leads (and why they like each other) that’s being executed so brilliantly in this show (and in the manga, FYI). Both actors are so on point with their roles and the nuanced emotions required of these characters that every time it’s only them interacting I'm riveted. I could do without the rest of the cast tho.

Seoul Blues (Korea Fri? YouTube) ep 1 of 8 - I have a confession to make, I’ve been watching this whole series as it goes along. But this is the pair I absolutely like the most. I’m not sure I would necessarily recommend any of the installments, and I’m not sure how this one is going to go, but I’m VERY invested in this particular couple. They are so pretty!!!! This is a true friends-to-lovers struggle. I like that a lot. (Reminds me of I Cannot Reach You but a different dynamic.) Did I mention how pretty they are? And we already know they gonna kiss well. I bet the uncut version is stellar.

Meet You at the Blossom (China) - It's no one's funeral, turns out! Reports are in - not only are there kisses but it ends happily with wedding plans. So I'm eating crow, binging the fucker, and live blogging. I'm enjoying it. Ya'll know I adored Chinese BL before censorship. It has a certain unhinged quality I very much apreciate (and is the reason I'm so tolerant of the Thai pulps) that I think will marry well with Wuxia's effervescent and ever-present tropes. Watch me suffer here.

First Note Of Love (Taiwan Mon Gaga) eps 1-2 of 12 - About a singer with stage fright and his timid fan starring Charles (H4 the puppy one) and Michael Chang (the youngster in My Tooth Your Love), plus side couple featuring a Thai actor Jame (Koh in Gen Y) and Liu Min Ting (of Guardian fame). What a damn team. With their powers combined they are...

fine.

This is a fine BL. The fight scene was fun and I like the meet cute. I’m not sure about the chemistry of the leads, but I think they’ll probably do okay. I admit I’m struggling a bit with a singing and the music. Are you surprised? I think I like it enough, but I’m not wowed.

Takara's Treasure AKA Takara No Vidro (Japan Mon Gaga) ep 7 of 10 - Oh! Out of the blue attack kiss. What IS this show? I don’t get it at all. Bah. I guess they’re dating now. It’s… so odd...

It's airing but...

4 Minutes (Thai Netflix/Grey) - A rich boy at uni suddenly gains the supernatural power to see four minutes into the future. I have a source, but I've decided to hold off and binge if it ends okay, since it's only 8 eps. I depend upon y'all to tell me if it's safe.

8/16 The Last Time (Thai Fri YT) ? eps - Convoluted story of loss and possible reincarnation or something. Again delayed? Not sure what's going on with this one but the continued push-backs do not bode well.