#business loans 2022

[britishbusinessonline]

Business Loans UK How Do Business Loans Work? (UK 2024)

Presuming you are new to business loans, let’s explain briefly how UK business loans work, now this will be very quick and easy to understand, so make sure you read all the way to the end so you don’t miss any important details. So to start with, what is a business loan? It’s a sum of money that a business borrows from a lender such as a bank or a building society, and this helps it start to…

[dontmeantobepoliticalbut]

Millions of student-loan borrowers could be getting debt relief this week — but a group of Republicans are making sure that doesn't happen.

On Thursday, President Joe Biden wrote on Twitter that 26 million student-loan borrowers have so far applied for up to $20,000 in debt relief through the online form at studentaid.gov, and as of this week, the Education Department will have approved 16 million of them to get their loans forgiven.

However, those borrowers won't be seeing the benefits anytime soon because the 8th Circuit Court of Appeals temporarily paused the relief, in response to a lawsuit filed by six Republican-led states who argued the policy would hurt their states' tax revenues, along with those of loan company MOHELA.

"That's 16 million Americans, so far, who should be seeing student debt relief in the coming days," Biden wrote. "But that relief is on hold – because Republican elected officials are doing everything they can to deny it, even to their own constituents."

"We're fighting these attacks from Republican elected officials in the courts," Biden added. "I will never apologize for helping working- and middle-class Americans as they recover from the pandemic."

Biden's debt relief plan has been hit with at least five other lawsuits seeking to block its implementation. While the cases have either been dismissed or appealed, a court has yet to officially strike down the whole plan. Still, the decision from the 8th Circuit looms, and until it comes, the Education Department cannot actually give borrowers relief.

This delay could mean that borrowers may have to resume payments in January without the loan forgiveness they applied for, depending on how long it will take for loan companies to process the changes to borrowers' accounts.

The Supreme Court has also been handed two of the lawsuits so far — Justice Amy Coney Barrett quickly dismissed one of them on October 20, and the other one appeared on the high court's docket on Tuesday.

While it's unclear what the 8th Circuit will ultimately decide, the GOP plaintiffs' defense may have weakened this week when Biden's Justice Department informed the court that MOHELA told Missouri Rep. Cori Bush it was not involved with the state's decision to sue the Biden administration on debt relief, undermining the states' key argument that the company would suffer from loan forgiveness.

[liberaljane]

Women's Not So Distant History

This #WomensHistoryMonth, let's not forget how many of our rights were only won in recent decades, and weren’t acquired by asking nicely and waiting. We need to fight for our rights. Here's are a few examples:

📍 Before 1974's Fair Credit Opportunity Act made it illegal for financial institutions to discriminate against applicants' gender, banks could refuse women a credit card. Women won the right to open a bank account in the 1960s, but many banks still refused without a husband’s signature. This allowed men to continue to have control over women’s bank accounts. Unmarried women were often refused service by financial institutions entirely.

📍 Before 1977, sexual harassment was not considered a legal offense. That changed when a woman brought her boss to court after she refused his sexual advances and was fired. The court stated that her termination violated the 1974 Civil Rights Act, which made employment discrimination illegal.⚖️

📍 In 1969, California became the first state to pass legislation to allow no-fault divorce. Before then, divorce could only be obtained if a woman could prove that her husband had committed serious faults such as adultery. 💍By 1977, nine states had adopted no-fault divorce laws, and by late 1983, every state had but two. The last, New York, adopted a law in 2010.

📍In 1967, Kathrine Switzer, entered the Boston Marathon under the name "K.V. Switzer." At the time, the Amateur Athletics Union didn't allow women. Once discovered, staff tried to remove Switzer from the race, but she finished. AAU did not formally accept women until fall 1971.

📍 In 1972, Lillian Garland, a receptionist at a California bank, went on unpaid leave to have a baby and when she returned, her position was filled. Her lawsuit led to 1978's Pregnancy Discrimination Act, which found that discriminating against pregnant people is unlawful

📍 It wasn’t until 2016 that gay marriage was legal in all 50 states. Previously, laws varied by state, and while many states allowed for civil unions for same-sex couples, it created a separate but equal standard. In 2008, California was the first state to achieve marriage equality, only to reverse that right following a ballot initiative later that year. 

📍In 2018, Utah and Idaho were the last two states that lacked clear legislation protecting chest or breast feeding parents from obscenity laws. At the time, an Idaho congressman complained women would, "whip it out and do it anywhere,"

📍 In 1973, the Supreme Court affirmed the right to safe legal abortion in Roe v. Wade. At the time of the decision, nearly all states outlawed abortion with few exceptions. In 1965, illegal abortions made up one-sixth of all pregnancy- and childbirth-related deaths. Unfortunately after years of abortion restrictions and bans, the Supreme Court overturned Roe in 2022. Since then, 14 states have fully banned care, and another 7 severely restrict it – leaving most of the south and midwest without access. 

📍 Before 1973, women were not able to serve on a jury in all 50 states. However, this varied by state: Utah was the first state to allow women to serve jury duty in 1898. Though, by 1927, only 19 states allowed women to serve jury duty. The Civil Rights Act of 1957 gave women the right to serve on federal juries, though it wasn't until 1973 that all 50 states passed similar legislation

📍 Before 1988, women were unable to get a business loan on their own. The Women's Business Ownership Act of 1988 allowed women to get loans without a male co-signer and removed other barriers to women in business. The number of women-owned businesses increased by 31 times in the last four decades. 

Free download

📍 Before 1965, married women had no right to birth control. In Griswold v. Connecticut (1965), the Supreme Court ruled that banning the use of contraceptives violated the right to marital privacy.

📍 Before 1967, interracial couples didn’t have the right to marry. In Loving v. Virginia, the Supreme Court found that anti-miscegenation laws were unconstitutional. In 2000, Alabama was the last State to remove its anti-miscegenation laws from the books.

📍 Before 1972, unmarried women didn’t have the right to birth control. While married couples gained the right in 1967, it wasn’t until Eisenstadt v. Baird seven years later, that the Supreme Court affirmed the right to contraception for unmarried people.

📍 In 1974, the last “Ugly Laws” were repealed in Chicago. “Ugly Laws” allowed the police to arrest and jail people with visible disabilities for being seen in public. People charged with ugly laws were either charged a fine or held in jail. ‘Ugly Laws’ were a part of the late 19th century Victorian Era poor laws. 

📍 In 1976, Hawaii was the last state to lift requirements that a woman take her husband’s last name.  If a woman didn’t take her husband’s last name, employers could refuse to issue her payroll and she could be barred from voting. 

📍 It wasn’t until 1993 that marital assault became a crime in all 50 states. Historically, intercourse within marriage was regarded as a “right” of spouses. Before 1974, in all fifty U.S. states, men had legal immunity for assaults their wives. Oklahoma and North Carolina were the last to change the law in 1993.

📍  In 1990, the Americans with Disability Act (ADA) – most comprehensive disability rights legislation in U.S. history – was passed. The ADA protected disabled people from employment discrimination. Previously, an employer could refuse to hire someone just because of their disability.

📍 Before 1993, women weren’t allowed to wear pants on the Senate floor. That changed when Sen. Moseley Braun (D-IL), & Sen. Barbara Mikulski (D-MD) wore trousers - shocking the male-dominated Senate. Their fashion statement ultimately led to the dress code being clarified to allow women to wear pants. 

📍 Emergency contraception (Plan B) wasn't approved by the FDA until 1998. While many can get emergency contraception at their local drugstore, back then it required a prescription. In 2013, the FDA removed age limits & allowed retailers to stock it directly on the shelf (although many don’t).

📍  In Lawrence v. Texas (2003), the Supreme Court ruled that anti-cohabitation laws were unconstitutional. Sometimes referred to as the ‘'Living in Sin' statute, anti-cohabitation laws criminalize living with a partner if the couple is unmarried. Today, Mississippi still has laws on its books against cohabitation. 

[potofsoup]

Happy July 4th, everyone, and good luck to the UK voters out there!

Wow it's Year 11 of doing these!! Here's the AO3 link to the past 10 years, and here's the tumblr link.

Reminder that this is a long game -- some of the judges making decisions were appointed back in the 80s. Many of the cases that were decided this round were from Trump's term. So it's going to take long-term, consistent voting over a decade to start tipping things in the other direction. (Which I talked about in 2018 re: Trump shenanigans and 2022 re: Dobbs).

A lot has been done by the Biden administration (I'm assuming most folks have seen this post by boreal-sea with their very helpful sources), and much of that will be overturned by Trump, especially if he gets the Senate, and especially now that he would have a blank check for anything "official". So let's make sure that doesn't happen.

And even if Trump does get elected, your decisions down-ballot might effect control of the House or Senate, or might make it easier to vote next time, plus the whole plethora of state and local issues. It's Republican state attorney generals who are challenging climate regulations, for example.

Plus, when you really get down to it, only one of the candidates plans on pardoning himself and all his friends if he wins, and attacking the government if he loses. Maybe that guy shouldn't be the President.

If you're new to voting, remember to check voter registration deadlines! I'm a permanent vote-by-mail voter and it's so nice. :)

Transcript under the readmore

Page 1: Sam and Bucky meet up with Steve for a picnic. Steve: Thought you guys were still in Sudan? Bucky: I’m forcing Sam to take a break.

Sam collapses onto the picnic blanket. Sam: Oof, it just never stops, does it? Steve: Nope.

Bucky hands Sam an orange popsicle. Bucky: Eat and relax for a bit, Sam. Sam: Thanks.

Page 2: Bucky asks Steve: How are things state-side? Steve responds: HORRIBLE. Bucky: I thought you’ve been tentatively hopeful about what Biden has been able to achieve? Steve: I was! Student loans, child care, climate regulations, infrastructure, labor, trans rights … he’s quietly done a lot through regulatory improvements and congress bills. But now all people will talk about is how he’s OLD. And then there’s the Supreme Court’s decisions … Chevron and immunity… Steve puts his head in his hands, while Sam and Bucky look on with some concern.

Page 3: Bucky hands Steve a blue/raspberry popsicle: Steve, take a deep breath, and a popsicle. Sam: Sounds like we missed a lot. What’s going on? How bad is it? Steve: Pretty bad. The Supreme Court has made some decisions that give the Court and the President A LOT of discretionary power. Sam: Yikes, that doesn’t sound good. Steve: Well, the Chevron thing means that judges with life-term appointments can override policies made by government agencies. And now it’ll be harder to hold a President accountable because he will have immunity for any “official” actions.

Page 4: Sam: So if the President tries to, say, overturn a democratic election result, he’ll be allowed to as long as it’s in his job description? Steve: I don’t think threatening state electors is “official” business, but that will be decided by federal judges. Who get their jobs by approval from both the President and the Senate. Bucky: Yeesh. No wonder you’re stressed. Any good news? Steve: Well, thanks the Biden and the razor-thin Senate majority, the newer bills don’t rely on the Chevron deference. Still not great but not catastrophic. Sam, squirting ketchup on his hot dog: So what I’m hearing is that it’s now more important than ever to have a President and a Senate who you can trust to appoint fair judges, pass bills, and not commit crimes.

Page 5: Steve: Plus all of the state level offices, now that more and more deciding power has been thrown back to the states — abortion, LGBTQ rights, voting access… Bucky: Hey, at least this is a big election year so we can actually do something! Steve, with his arms crossed, looking surly: Except that all people want to talk about is how Biden is “too old” and “not doing enough,” as if that is on par with Trump’s desire to dismantle basic rights! As if the candidate who doesn’t embody ALL their ideals is not worth voting for! Bucky interrupts with a smart and a loud “PFFT.”

Page 6: Bucky: Um, Steve. YOU were like that in 1940. Sam, nudging Bucky: “Oh, this I gotta hear. Spill, Barnes.” In sepia, Steve is pacing around their apartment while Bucky is sitting and reading a newspaper. Steve: I can’t believe he’s running for a 3rd term! we need a fresh candidate to vote for! This is hardly a choice at all! AND he refuses to engage in Europe! All of Europe under fascist control and we’re just twiddling our thumbs? He’s letting millions die through his inaction! Bucky: Most people don’t want another war, Steve. If he came out for it, he would lose. Steve, indignant: But Buck, it’s your Polish relative who are in danger! Bucky, closing his newspaper and looking at Steve: Yeah, and between FDR and Willkes, I trust FDR to help if he could.

Page 7: Steve, in sepia, looking away: Should he be encouraged to do more? Maybe I should vote for Browder. The Communists have historically be Anti-Fascist.

Sam interrupts off-screen: Waitaminute! STEVE was going to PROTEST-VOTE? Steve: We were in a Blue State, Sam! Sam: But what about the down ballot races?! Steve: RELAX, I did my due diligence down-ballot. I wanted a senate that’s more progressive than the President.Voted LaGuardia for Mayor, too. Steve hesitates: Then, when I got to the President… I realized that the Best case scenario would be that my vote did nothing, versus if it actually spoiled the election. And when I asked myself who I could trust to work with my Senator… well, FDR had a good record with Labor. (sepia shot of young Steve voting) Bucky interrupts: Hold on, Steve.

Page 8: Bucky, eating a cookie, arching an eyebrow: You didn’t vote for Browder? Why didn’t you tell me? Steve: And have you say “I told you so” for the next century? Bucky: Heh.

Steve, with hand on his chin: What’s weird was that, despite everything, I still felt HORRIBLE when I ticked that box. Sam: Sounds like you built up the meaning of that vote far too much in your head. Logically, we know that a single box can’t represent all of the complexity of a whole system, but the desperately WANT it to. Just look at how people have built up so much around the term “Zionis” that it’s made productive conversations difficult.

Page 9: Sam and Steve speak in the background while Bucky reaches into the cooler and pulls out a box. Steve: Sigh. And that’s something that goes beyond the election. Sam: Which is why we need to vote, AND do other things. Bucky, looking at Steve and Sam: Like how Steve works to push organizations on the local level? Or like all the work you do as Captain America? Sam: Exactly. Vote AND.

Sam looks at Bucky fondly: Like how you vote AND make me and Steve take breaks. Bucky, looking stern because he can’t handle compliments: Shush, Sam.

Bucky holds up a cake that has the number “107” on it: It’s time for cake. Happy Birthday, Steve.

[batboyblog]

Things Biden and the Democrats did, this week #14

April 12-19 2024

The Department of Commerce announced a deal with Samsung to help bring advanced semiconductor manufacturing and research and development to Texas. The deal will bring 45 billion dollars of investment to Texas to help build a research center in Taylor Texas and expand Samsung's Austin, Texas, semiconductor facility. The Biden Administration estimates this will create 21,000 new jobs. Since 1990 America has fallen from making nearly 40% of the world's semiconductor to just over 10% in 2020.

The Department of Energy announced it granted New York State $158 million to help support people making their homes more energy efficient. This is the first payment out of a $8.8 billion dollar program with 11 other states having already applied. The program will rebate Americans for improvements on their homes to lower energy usage. Americans could get as much as $8,000 off for installing a heat pump, as well as for improvements in insulation, wiring, and electrical panel. The program is expected to help save Americans $1 billion in electoral costs, and help create 50,000 new jobs.

The Department of Education began the formal process to make President Biden's new Student Loan Debt relief plan a reality. The Department published the first set of draft rules for the program. The rules will face 30 days of public comment before a second draft can be released. The Administration hopes the process can be finished by the Fall to bring debt relief to 30 million Americans, and totally eliminate the debt of 4 million former students. The Administration has already wiped out the debt of 4.3 million borrowers so far.

The Department of Agriculture announced a $1 billion dollar collaboration with USAID to buy American grown foods combat global hunger. Most of the money will go to traditional shelf stable goods distributed by USAID, like wheat, rice, sorghum, lentils, chickpeas, dry peas, vegetable oil, cornmeal, navy beans, pinto beans and kidney beans, while $50 million will go to a pilot program to see if USAID can expand what it normally gives to new products. The food aid will help feed people in Bangladesh, Burkina Faso, Burundi, Chad, Democratic Republic of the Congo, Djibouti, Ethiopia, Haiti, Kenya, Madagascar, Mali, Nigeria, Rwanda, South Sudan, Sudan, Tanzania, Uganda, and Yemen.

The Department of the Interior announced it's expanding four national wildlife refuges to protect 1.13 million wildlife habitat. The refuges are in New Mexico, North Carolina, and two in Texas. The Department also signed an order protecting parts of the Placitas area. The land is considered sacred by the Pueblos peoples of the area who have long lobbied for his protection. Security Deb Haaland the first Native American to serve as Interior Secretary and a Pueblo herself signed the order in her native New Mexico.

The Department of Labor announced new work place safety regulations about the safe amount of silica dust mine workers can be exposed to. The dust is known to cause scaring in the lungs often called black lung. It's estimated that the new regulations will save over 1,000 lives a year. The United Mine Workers have long fought for these changes and applauded the Biden Administration's actions.

The Biden Administration announced its progress in closing the racial wealth gap in America. Under President Biden the level of Black Unemployment is the lowest its ever been since it started being tracked in the 1970s, and the gap between white and black unemployment is the smallest its ever been as well. Black wealth is up 60% over where it was in 2019. The share of black owned businesses doubled between 2019 and 2022. New black businesses are being created at the fastest rate in 30 years. The Administration in 2021 Interagency Task Force to combat unfair house appraisals. Black homeowners regularly have their homes undervalued compared to whites who own comparable property. Since the Taskforce started the likelihood of such a gap has dropped by 40% and even disappeared in some states. 2023 represented a record breaking $76.2 billion in federal contracts going to small business owned by members of minority communities. This was 12% of federal contracts and the President aims to make it 15% for 2025.

The EPA announced (just now as I write this) that it plans to add PFAS, known as forever chemicals, to the Superfund law. This would require manufacturers to pay to clean up two PFAS, perfluorooctanoic acid and perfluorooctanesulfonic acid. This move to force manufacturers to cover the costs of PFAS clean up comes after last week's new rule on drinking water which will remove PFAS from the nation's drinking water.

Bonus:

President Biden met a Senior named Bob in Pennsylvania who is personally benefiting from The President's capping the price of insulin for Seniors at $35, and Biden let Bob know about a cap on prosecution drug payments for seniors that will cut Bob's drug bills by more than half.

[mostlysignssomeportents]

Leveraged buyouts are not like mortgages

I'm coming to DEFCON! On FRIDAY (Aug 9), I'm emceeing the EFF POKER TOURNAMENT (noon at the Horseshoe Poker Room), and appearing on the BRICKED AND ABANDONED panel (5PM, LVCC - L1 - HW1–11–01). On SATURDAY (Aug 10), I'm giving a keynote called "DISENSHITTIFY OR DIE! How hackers can seize the means of computation and build a new, good internet that is hardened against our asshole bosses' insatiable horniness for enshittification" (noon, LVCC - L1 - HW1–11–01).

Here's an open secret: the confusing jargon of finance is not the product of some inherent complexity that requires a whole new vocabulary. Rather, finance-talk is all obfuscation, because if we called finance tactics by their plain-language names, it would be obvious that the sector exists to defraud the public and loot the real economy.

Take "leveraged buyout," a polite name for stealing a whole goddamned company:

Identify a company that owns valuable assets that are required for its continued operation, such as the real-estate occupied by its outlets, or even its lines of credit with suppliers;

Approach lenders (usually banks) and ask for money to buy the company, offering the company itself (which you don't own!) as collateral on the loan;

Offer some of those loaned funds to shareholders of the company and convince a key block of those shareholders (for example, executives with large stock grants, or speculators who've acquired large positions in the company, or people who've inherited shares from early investors but are disengaged from the operation of the firm) to demand that the company be sold to the looters;

Call a vote on selling the company at the promised price, counting on the fact that many investors will not participate in that vote (for example, the big index funds like Vanguard almost never vote on motions like this), which means that a minority of shareholders can force the sale;

Once you own the company, start to strip-mine its assets: sell its real-estate, start stiffing suppliers, fire masses of workers, all in the name of "repaying the debts" that you took on to buy the company.

This process has its own euphemistic jargon, for example, "rightsizing" for layoffs, or "introducing efficiencies" for stiffing suppliers or selling key assets and leasing them back. The looters – usually organized as private equity funds or hedge funds – will extract all the liquid capital – and give it to themselves as a "special dividend." Increasingly, there's also a "divi recap," which is a euphemism for borrowing even more money backed by the company's assets and then handing it to the private equity fund:

https://pluralistic.net/2020/09/17/divi-recaps/#graebers-ghost

If you're a Sopranos fan, this will all sound familiar, because when the (comparatively honest) mafia does this to a business, it's called a "bust-out":

https://en.wikipedia.org/wiki/Bust_Out

The mafia destroys businesses on a onesy-twosey, retail scale; but private equity and hedge funds do their plunder wholesale.

It's how they killed Red Lobster:

https://pluralistic.net/2024/05/23/spineless/#invertebrates

And it's what they did to hospitals:

https://pluralistic.net/2024/02/28/5000-bats/#charnel-house

It's what happened to nursing homes, Armark, private prisons, funeral homes, pet groomers, nursing homes, Toys R Us, The Olive Garden and Pet Smart:

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

It's what happened to the housing co-ops of Cooper Village, Texas energy giant TXU, Old Country Buffet, Harrah's and Caesar's:

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

And it's what's slated to happen to 2.9m Boomer-owned US businesses employing 32m people, whose owners are nearing retirement:

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

Now, you can't demolish that much of the US productive economy without attracting some negative attention, so the looter spin-machine has perfected some talking points to hand-wave away the criticism that borrowing money using something you don't own as collateral in order to buy it and wreck it is obviously a dishonest (and potentially criminal) destructive practice.

The most common one is that borrowing money against an asset you don't own is just like getting a mortgage. This is such a badly flawed analogy that it is really a testament to the efficacy of the baffle-em-with-bullshit gambit to convince us all that we're too stupid to understand how finance works.

Sure: if I put an offer on your house, I will go to my credit union and ask the for a mortgage that uses your house as collateral. But the difference here is that you own your house, and the only way I can buy it – the only way I can actually get that mortgage – is if you agree to sell it to me.

Owner-occupied homes typically have uncomplicated ownership structures. Typically, they're owned by an individual or a couple. Sometimes they're the property of an estate that's divided up among multiple heirs, whose relationship is mediated by a will and a probate court. Title can be contested through a divorce, where disputes are settled by a divorce court. At the outer edge of complexity, you get things like polycules or lifelong roommates who've formed an LLC s they can own a house among several parties, but the LLC will have bylaws, and typically all those co-owners will be fully engaged in any sale process.

Leveraged buyouts don't target companies with simple ownership structures. They depend on firms whose equity is split among many parties, some of whom will be utterly disengaged from the firm's daily operations – say, the kids of an early employee who got a big stock grant but left before the company grew up. The looter needs to convince a few of these "owners" to force a vote on the acquisition, and then rely on the idea that many of the other shareholders will simply abstain from a vote. Asset managers are ubiquitous absentee owners who own large stakes in literally every major firm in the economy. The big funds – Vanguard, Blackrock, State Street – "buy the whole market" (a big share in every top-capitalized firm on a given stock exchange) and then seek to deliver returns equal to the overall performance of the market. If the market goes up by 5%, the index funds need to grow by 5%. If the market goes down by 5%, then so do those funds. The managers of those funds are trying to match the performance of the market, not improve on it (by voting on corporate governance decisions, say), or to beat it (by only buying stocks of companies they judge to be good bets):

https://pluralistic.net/2022/03/17/shareholder-socialism/#asset-manager-capitalism

Your family home is nothing like one of these companies. It doesn't have a bunch of minority shareholders who can force a vote, or a large block of disengaged "owners" who won't show up when that vote is called. There isn't a class of senior managers – Chief Kitchen Officer! – who have been granted large blocks of options that let them have a say in whether you will become homeless.

Now, there are homes that fit this description, and they're a fucking disaster. These are the "heirs property" homes, generally owned by the Black descendants of enslaved people who were given the proverbial 40 acres and a mule. Many prosperous majority Black settlements in the American South are composed of these kinds of lots.

Given the historical context – illiterate ex-slaves getting property as reparations or as reward for fighting with the Union Army – the titles for these lands are often muddy, with informal transfers from parents to kids sorted out with handshakes and not memorialized by hiring lawyers to update the deeds. This has created an irresistible opportunity for a certain kind of scammer, who will pull the deeds, hire genealogists to map the family trees of the original owners, and locate distant descendants with homeopathically small claims on the property. These descendants don't even know they own these claims, don't even know about these ancestors, and when they're offered a few thousand bucks for their claim, they naturally take it.

Now, armed with a claim on the property, the heirs property scammers force an auction of it, keeping the process under wraps until the last instant. If they're really lucky, they're the only bidder and they can buy the entire property for pennies on the dollar and then evict the family that has lived on it since Reconstruction. Sometimes, the family will get wind of the scam and show up to bid against the scammer, but the scammer has deep capital reserves and can easily win the auction, with the same result:

https://www.propublica.org/series/dispossessed

A similar outrage has been playing out for years in Hawai'i, where indigenous familial claims on ancestral lands have been diffused through descendants who don't even know they're co-owner of a place where their distant cousins have lived since pre-colonial times. These descendants are offered small sums to part with their stakes, which allows the speculator to force a sale and kick the indigenous Hawai'ians off their family lands so they can be turned into condos or hotels. Mark Zuckerberg used this "quiet title and partition" scam to dispossess hundreds of Hawai'ian families:

https://archive.is/g1YZ4

Heirs property and quiet title and partition are a much better analogy to a leveraged buyout than a mortgage is, because they're ways of stealing something valuable from people who depend on it and maintain it, and smashing it and selling it off.

Strip away all the jargon, and private equity is just another scam, albeit one with pretensions to respectability. Its practitioners are ripoff artists. You know the notorious "carried interest loophole" that politicians periodically discover and decry? "Carried interest" has nothing to do with the interest on a loan. The "carried interest" rule dates back to 16th century sea-captains, and it refers to the "interest" they had in the cargo they "carried":

https://pluralistic.net/2021/04/29/writers-must-be-paid/#carried-interest

Private equity managers are like sea captains in exactly the same way that leveraged buyouts are like mortgages: not at all.

And it's not like private equity is good to its investors: scams like "continuation funds" allow PE looters to steal all the money they made from strip mining valuable companies, so they show no profits on paper when it comes time to pay their investors:

https://pluralistic.net/2023/07/20/continuation-fraud/#buyout-groups

Those investors are just as bamboozled as we are, which is why they keep giving more money to PE funds. Today, the "dry powder" (uninvested money) that PE holds has reached an all-time record high of $2.62 trillion – money from pension funds and rich people and sovereign wealth funds, stockpiled in anticipation of buying and destroying even more profitable, productive, useful businesses:

https://www.institutionalinvestor.com/article/2di1vzgjcmzovkcea8f0g/portfolio/private-equitys-dry-powder-mountain-reaches-record-height

The practices of PE are crooked as hell, and it's only the fact that they use euphemisms and deceptive analogies to home mortgages that keeps them from being shut down. The more we strip away the bullshit, the faster we'll be able to kill this cancer, and the more of the real economy we'll be able to preserve.

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/2024/08/05/rugged-individuals/#misleading-by-analogy

[coochiequeens]

An update to an older story that’s goods news!

When Jenny Nguyen signed the lease to create her dream bar, she wasn’t sure it would stay open for more than a few months.

But earlier this month, 43-year-old Nguyen’s first-of-its-kind establishment in Portland, Oregon, celebrated its one-year anniversary. Aptly named The Sports Bra, it’s a sports bar where only women athletes appear on the TVs.

Business has been good, despite the niche business model and record inflation sending food and beverage prices soaring. The Sports Bra brought in $944,000 in revenue in the eight months it was open in 2022, according to documents reviewed by CNBC Make It.

It was profitable in that first year of business, Nguyen adds.

“It turns out, it’s pretty universal — that feeling of being a women’s sports fan and going into a public place, like a sports bar, and having a difficult time finding a place to show a [women’s] game, especially when there are other men’s sports playing,” Nguyen says.

Initially, she wasn’t sure the idea would work at all. The vast majority of money and attention historically goes to men’s sports only — a big reason why The Sports Bra was reportedly the country’s first bar to only play women’s sports on TV.

It’s also not the kind of thing Nguyen would ordinarily do: She describes herself as “very cautious, risk averse.” But her obsession with women’s sports and frustration with its lack of representation on television screens drove her to empty her life savings — about $27,000 — and give it a try.

“Me, personally, I thought the idea was brilliant and that [it was] what the world needs,” Nguyen says. “But I had no idea that the world would want it. I just wanted to give it a shot.”

How The Sports Bra went from running joke to reality

Nguyen is a lifelong basketball fan who played the sport at Clark College in Vancouver, Washington, before tearing her ACL. She’s also a longtime restaurant worker who spent three years as Reed College’s executive chef.

In 2018, Nguyen and a group of friends wanted to watch the NCAA women’s basketball championship game. They went to a mostly empty sports bar and still had to plead with a bartender to switch one of the smallest TVs — which played without sound — from a men’s sport to the women’s championship game, she recalls.

Together, they jumped up and down celebrating “one of the best games I’ve ever seen,” Nguyen says, as a buzzer-beating three-point shot sealed the championship title for Notre Dame. Afterward, she was struck by the normalcy of her situation.

″[We’d] gotten so used to watching a game like that in the way that we did,” she says, adding that they’d only find better viewing conditions “if we had our own place.”

Days later, she channeled her disappointment into a hypothetical: What would she name her bar? “The very first thing that came into my mind was The Sports Bra,” Nguyen says. “And once I thought it, I couldn’t un-think it, you know? It was catchy. I thought it was hilarious.”

For years, she joked about it. Then, the fallout from social justice movements like #MeToo and the country’s racial reckoning after George Floyd’s murder left her wanting to make a meaningful impact on the world and her community.

Nguyen, who came out as a lesbian at age 17, says she doesn’t always feel welcome at most traditional sports bars. The Sports Bra could help her, and anyone else who’d rarely felt accepted in other sports establishments, feel like she belonged.

“I thought about, if we can even get one kid in here and have them feel like they belong in sports, it’d be worth it,” she says.

Helping other women’s sports bars get started

At first, Nguyen had her savings, and $40,000 in loans cobbled together from friends and family. That would keep The Sports Bra afloat for three months, based on her cost estimates for labor, inventory and other overhead.

In February 2022, she launched a Kickstarter to raise $48,000 — enough money for an extra six-month financial cushion, to build up the sort of regular clientele any bar or restaurant needs to survive long-term.

To Nguyen’s surprise, the campaign raised more than $105,000 in just 30 days, thanks to a viral article in online food publication Eater. “At that moment, when I was looking at that Kickstarter graph, I thought to myself, ‘This might work,’” she says.

But the money, which came from around the country and world, was no guarantee of success. Actual people in Portland still needed to frequent the bar.

Today, there’s often a line out the door. Women’s basketball icons like Sue Bird and Diana Taurasi showed up, for an event sponsored by Buick, earlier this month. Ginny Gilder, co-owner of the WNBA’s Seattle Storm, has even waited in line to watch her team play on The Sports Bra’s TVs, Nguyen says.

That’s a far cry from the Kickstarter days, which Nguyen says only happened after she was denied business loans by multiple banks and small business associations. The denials commonly cited the high risk of a unique concept run by a first-time entrepreneur during a pandemic, she adds.

Even the bar’s core concept is a struggle: It’s hard to find enough women’s sporting events to fill up the televisions. Only about 5% of all TV sports coverage focuses on female athletes, according to a 2021 University of Southern California study.

Nguyen says she’s taken to reaching out directly to sports networks and streaming services, some of which have hooked her up with access to more women’s sports content. She also spends an inordinate amount of time “scouring” TV listings, a process she likens to “taking a machete and chopping through a jungle.”

But she’s no longer alone. Another bar specializing in women’s sports has opened in nearby Seattle, and Nguyen says she’s in touch with a handful of other prospective entrepreneurs asking her for advice on opening similar visions in other cities.

“I would love to have as many people experience the feeling people experience when they walk through these doors,” she says. “It feels very selfish to keep it to this one building that holds 40 people at a time.”

[argumate]

One thing I wonder about is: If you were designing a financial system from scratch, in 2024, would you come up with banking? That central traditional trick of banks — that they fund themselves with safe short-term demand deposits, and use depositors’ money to invest in risky longer-term loans, with all of the run risk and regulatory supervision and It’s a Wonderful Life-ness that that involves — would you recreate that if you were starting over?

Part of me feels like, if you started a new civilization and put smart but ahistorical tech people in charge of designing a financial system, it would never occur to them to recreate traditional banking. It is so messy and opaque and imprecise, using a shifting pile of demand deposits to fund long-term loans. Plenty of people — insurance companies, retirement savers — want to earn a return on their money and don’t need it anytime soon; their money can be locked up in long-term loans. The money that people keep in the bank just to pay rent and buy sandwiches doesn’t need to be pooled and invested in risky loans; it should just sit in the vault.

This idea — that bank deposits should just sit in the vault (or, realistically, in electronic money at the Federal Reserve), while risky loans should be funded by long-term investors who intend to take those risks — is sometimes called “narrow banking.” It has a long intellectual pedigree, it came back into vogue after the 2008 financial crisis, and it got attention again after last spring’s US regional banking crisis. All those crises! The traditional business of banking is necessarily crisis-prone; using risky long-term loans to back risk-free short-term demand deposits involves a fundamental mismatch, and every so often that flares up into a crisis.

And so, since 2008, but more visibly since last spring, banking really has become narrower. Private credit is the lending side of “narrow banking”: Private credit firms raise dedicated funds, with locked-up money, from investors who intend to invest in long-term loans to earn a return. And private credit is the hottest area of finance, making buyout loans and investment-grade corporate loans and funding consumer loans. And private credit is booming not just as a competitor to banks, but as a funding source for banks: Banks have the relationships and technology to make loans, but not the money, so they partner with private credit to fund the loans.

Meanwhile the deposit side of “narrow banking” is something like banks taking their customers’ money and parking it at the Federal Reserve. And in fact some money has shifted out of banks (which are not narrow) and into government money-market funds (which park the money in Fed repo or Treasury bills). Even within banks, there is less lending.

...

That’s narrow banking. I admit I have a certain emotional soft spot for traditional banking. There is something magical about how banking transmutes risky assets (loans) into risk-free liabilities (deposits). “A banking system is a superposition of fraud and genius that interposes itself between investors and entrepreneurs,” wrote Steve Randy Waldman in 2011; it allows society to use the money of risk-averse depositors to fund risky investments in growth. But it is possible that this magic no longer works: In a world of financial transparency and fast communications technology and flighty deposits, you can’t really expect to hide the risks of the banking system; you have to fund the loans with people who know they’re funding the loans.

I will say, though, that I have also written a lot about crypto over the last few years. Crypto really created a new financial system from scratch, and it started with a very strong philosophical bias against traditional banking. And then it really did recreate traditional banking! And also traditional banking crises: In 2022, it turned out that one of the main uses of crypto was to turn customer demand deposits (of crypto) into extremely risky loans (of crypto), which ended as badly as you’d have expected. “One possibility,” I wrote last year, “is that fractional reserve banking is deeply rooted in human nature.” If you started the financial system over, maybe banking would develop again. Even if actual banking is getting narrower now.

Matt Levine on narrow banking, we talk about this a lot as banks are so fundamental to how our entire civilisation currently functions and yet they're basically just hacks that lurch from crisis to crisis, more evolved than engineered

[truth-has-a-liberal-bias]

...

Two things are driving the divide between how homeowners and renters experience inflation.

First, while most homeowners’ monthly payments have not risen, the cost of renting has surged. Rent jumped 11% in 2022 from the year before. It also climbed higher in 2023, although at a significantly slower pace. Rent prices increased just 0.2% last year, according to Realtor.com.

As of November, the price of rent nationally was up 22% compared to pre-pandemic levels, according to Realtor.com.

Meanwhile, because most homeowners have a fixed-rate loan, their costs have not changed even as mortgage rates have soared during the Fed’s historic effort to rein in inflation. [...]

[she-is-ovarit]

Women and girls are oppressed on the axis of sex:

Economic

 Around 2.4 billion women of working age are not afforded equal economic opportunity and 178 countries maintain legal barriers that prevent their full economic participation, according to the World Bank’s Women, Business and the Law 2022 report. In 86 countries, women face some form of job restriction and 95 countries do not guarantee equal pay for equal work.

Globally, women still have only three quarters of the legal rights afforded to men -- an aggregate score of 76.5 out of a possible 100, which denotes complete legal parity.

Gender inequality is a major cause and effect of hunger and poverty: it is estimated that 60 percent of chronically hungry people are women and girls. (Source: WFP Gender Policy and Strategy.)

Less than 20 percent of the world's landholders are women. Women represent fewer than 5 percent of all agricultural landholders in North Africa and West Asia, while in sub-Saharan Africa they make up an average of 15 percent.

In the United States, the labor force participation rate among females is 56.5% and among males is 67.5% for 2022

Vulnerable employment among women [in the US] has remained nearly the same since 1991. Workers in vulnerable employment are the least likely to have formal work arrangements, social protection, and safety nets to guard against economic shocks; thus they are more likely to fall into poverty. Vulnerable employment among women is 3.9% and among men is 4.6% in the United States for 2021.

In the United States, women spend 1.6 times as much time on unpaid domestic and care work than men. In 2019, women in the United States spent 15.3% of their day and men spent 9.7% of their day on unpaid work. 

A 2013 study revealed that 7.6% of lesbian couples in the United States live in poverty compared to 5.7% of married different-sex couples. Similarly, one-third of lesbian couples without a high school diploma were in poverty compared to 18.8% of different-sex couples.

Study: Stereotypes of middle-aged women as less ‘nice’ can hold them back at work.

Women hold 66% of all student loan debt. 41% of women undergraduates take out student loans, compared to 35% of male undergraduates. Women take an additional two years on average to pay off student loans.

Education

Women make up more than two-thirds of the world's 796 million illiterate people.

While progress has been made in reducing the gender gap in urban primary school enrollment, data from 42 countries shows that rural girls are twice as likely as urban girls to be out of school.

Male violence against women

In the United States, the share of women who have experienced intimate partner violence is nearly the same as the world average, 27%. Intimate partner violence is by far the most prevalent form of violence against women globally and is defined as the percentage of ever-married women (ages 15-49) who have ever experienced physical or sexual violence committed by their husband or partner.

35% of women worldwide have experienced either physical and/or sexual intimate partner violence or non-partner sexual violence.

1 in 3 women, around 736 million, are subjected to physical or sexual violence by an intimate partner or sexual violence from a non-partner – a number that has remained largely unchanged over the past decade.

Globally, 7% of women have been sexually assaulted by someone other than a partner.

Globally, as many as 38% of murders of women are committed by an intimate partner.

200 million women have experienced female genital mutilation/cutting.

Violence against women in Mexico rises to over 70%, study finds

7 in 10 human trafficking victims are women and girls.

Women and girls represent 65 per cent of all trafficking victims globally. More than 90 per cent of detected female victims are trafficked for the purpose of sexual exploitation.

Politics, power, and Influence

28.7% of seats in national parliament were held by women in 2022 in the United States

Metadata analysis shows biographies of women on Wikipedia are deleted and marked non-notable at a significantly higher rate than those of men.

Women continue to be underrepresented in the fields of science, technology, engineering and mathematics, representing only slightly more than 35% of the world’s STEM graduates. Women are also a minority in scientific research and development, making up less than a third of the world’s researchers.

Medical discrimination, medical violence, and female healthcare

 Women 32% more likely to die after operation by male surgeon

Women are over-medicated because drug dosage trials are done on men.

Women are sometimes forcibly sterilized, without consent, across the globe.

Mental Health

A 2016 study investigating physical and mental health, and experiences of violence among male and female trafficking survivors in England found 78% of women and 40% of men reported high levels of depression, anxiety, or PTSD symptoms.

Female people in the US attempt suicide more frequently than men.

Adult women have higher rates of mental illness than adult men

Discrimination, bias, and sex-based stereotypes

 UN report finds 90% of men and women hold some sort of bias against females.

Men were 93 percent more likely to have their loans discharged when disclosing a medical condition, as compared to women who disclosed medical conditions.

We historically are not included in research, and when we are, are grouped in with men which is unhelpful (bonus question: What does this mean, then, if male people who "identify-as-women" are grouped in with women and not considered a separate category?)

The Madonna-Whore Dichotomy (MWD) denotes polarized perceptions of women in general as either “good,” chaste, and pure Madonnas or as “bad,” promiscuous, and seductive whores. Men who reported higher endorsement of the Madonna-whore-dichotomy rated their partner as less entitled to sexual pleasure. Women who reported higher endorsement of the Madonna-whore dichotomy devalued their own pleasure by rating their partner as more entitled to sexual pleasure than themselves.

“Their Great Shame is Poverty”: Women Portrayed as Among the “Undeserving Poor” are Seen as Deserving Sexual Assault

The Impact of Media Use on Girls' Beliefs About Gender Roles, Their Bodies, and Sexual Relationships: A Research Synthesis.

Mothers in China for decades pressured their daughters to bind their feet - often destroying the function and formation of their feet - in order to please and service men.

My one disclaimer to this post is that there is a tremendous amount of information left out of this post. This is because it is impossible to capture the vast amount of research and details within studies illuminating the sex-based oppression of women and girls. I have not gone into depth on the impact of media on teenage girls' body image, the role of trauma in girls influencing them to hate their bodies, FGM, the Iranian protests, etc. I hope others reblog and add more information.

[lareinadehades]

Hello, I'm Back:

Long story short: My life went to hell. My chronic illnesses got worse and my laptop broke. And barely now I am somewhat able to return.

For those who do not know, I have a long list of illnesses that have been hellish nightmares for what now amounts to the bast majority of my life, and in December of 2022, hell broke loose.

I am currently fighting for disability in a country that is still a bit behind when it comes to invisible disabilities, so it is an uphill battle. I drained my already slim bank account and I am in complete zeroes when it comes to money [thus unable being able to buy a new computer so I could work from home]. I now have a tablet and keyboard thanks to a cousin who loaned me enough to buy it. So I can start my online business.

So, if you are still here and still reading, thank you. Thank you for your patience, friendship and support, they mean the world to me.

With love,

Ely.

Ps. I have a migraine wish list and a random in case you are able and want to send me something (but only if you are able too, take care of yourself first). All prices are in Mexican pesos.

[itwasthereaminuteago]

|| Star-Crossed ||

Pairing: Frank Castle x Female reader

W/c 13.3k

Tags/warnings: Romeo & Juliet style gangster forbidden love Punisher/Daredevil AU, super-protective Matt, Jack Murdock is alive and well, some pretty old fashioned chauvinistic values, violence and injury, (protected and unprotected) p in v sex, oral (f rec), *spoiler* (kids in the future).

Author's note: Aaaaah it's finally done! I started this in December 2022 and I've had to leave and come back to it several times trying to work out how I wanted it to go. Huge big massive thanks to @mindidjarin , @the-fox-den and @theradioactivespidergwen for all the beta help! 

If you enjoyed it, let me know!

Epilogue

The Italians and the Irish. The Castigliones and the Murdocks. Two mob families that have been feuding for generations. One mired in dealing arms and the other in throwing deadly punches with them - running illicit underground fight clubs and loan sharking. 

Matthew Murdock was one of the best fighters in the entire city; after all he was the boxer Battlin' Jack Murdock's son. 'The Devil O' Hell's Kitchen' they called him. 

And he was your big brother.

He would certainly have some choice words for you if he knew where and who you were with right now.

"Princess, fuck, you're somethin' else y'know that?" 

Your body felt flushed with heat and bliss as you collapsed in Frank Castiglione's lap in the back seat of his car, laughing as his stubbled jaw tickles you when he kisses up and down your neck, like he's still hungry for you. 

"You say that every time Frank," you smile as you push yourself up off him, tutting as he ties up the condom and throws it out the fogged window before cleaning himself up.

Sometimes you have to pinch yourself to remind yourself that you aren’t dreaming. When the man that was so terrifying they gave him the nickname of 'The Punisher' was between your thighs, or you were between his, life felt like a fever dream. 

"I'll buy us a villa in the Lakes. You'd fuckin' love it there sweetheart, I just know it. You'll wake up and enjoy your morning coffee on the bedroom balcony overlooking the water. I'll treat you so goddamn right…"

The scene he painted with his words was so clear in your mind and yet- "Frank we can't -"

"Baby, you deserve more than what I can give you in a half hour in the back of my car."

You pretend not to hear, adjusting your dress to look a little more decent.

"Look me in the eyes and tell me this is enough for you.”

You sigh softly. You didn't need to see that puppy dog look of his to know life wasn’t fair.

"No Frankie, you know it's not, but I can't be with you like that… my father and Matty would kill you if I ran away to Italy with you!"

He tucks some of your disheveled hair behind your ear. "So you're just gonna keep leading me along like this, huh? I wanna be with you baby. I want you."

"Frankie I want you too, but they'll get suspicious if I spend any more time out and about. My da and brother think I'm taking a dance class right now."

He half snorts with laughter. "Yeah well when we 'dance' you do got some smokin' hot moves sweetheart; but I don't want you showin' them ones to anyone else."

"As if I would." You say with mock indignation. "Anyway, it's a good enough cover for why I'm always so worn out when I get home!"

Frank just smirks. "Let me at least take you dancing for real. Tell the old man you're going out with your girlfriends one night."

You roll your eyes. "Aye and if one of my da's men sees me out with you? You’ll be dead and I'll at least be locked up with a flippin' chastity belt forevermore after that!"

"Baby," He pleads and his words hit you in the heart and gut, "I've gotta be with you. We gotta find a way to make this work."

You push up off of him, frowning slightly. "The only way it could work is if you go straight. Get out of the family business and be respectable. Then maybe my da would at least listen to us instead of reaching for his gun."

He just laughs. "Me? Respectable? Well I wouldn't be able to give you trinkets like this if I was makin' a 'respectable' living now, could I?"

He produces a gold necklace from his waistcoat pocket and places it in your open palm, smiling at your surprise. It's a fine dainty sparkling chain with a little heart hanging from it. You turn the heart over and your breath catches in your throat as you read the small engraved letters 'FC' in flowing script.

You feel giddy. "Oh Frankie…" 

"Now you have my heart, sugar."

You want to scream out. Why did you have to go and fall in love with a boy from a crime family? Why did it have to be a Castiglione? It went against everything your two families stood for. Why did everything have to be so damn complicated?!

You lean forward to kiss him, fingers smoothing down his lapels. "Frank, I… I love it, but you know I can't wear it…" 

He nods, resigned. "Yeah, sure." It feels like you've just kicked a puppy. You lift up your heel and slip it into your shoe for safekeeping.

"But I'll keep it with me, always."

He at least manages a smile and you kiss him again, chiding him as he sneaks his hands in places that'd make a priest blush.

"I've gotta go…"

"Ten more minutes, five even! Please babygirl, I'll make it worth your while." He pleads so prettily for the son of one of the cities' biggest mobsters and you very nearly crumble.

You extricate yourself from his grasp, trying to stay focused. If you got home late there would be questions. Your family was very protective of you. "You always make it worth my while Frankie."

"Dancing. This Friday. Wear one of your pretty dresses… mm, and don't bother with the panties."

"Frank!" 

He hands you your coat, his lips pressed into a smile that you want to kiss off his face. "Can't blame me for tryin'. Fuck, I'm missin' you already." 

"I'll seeya. Be careful." You say opening the car door and looking around to check the coast is clear before scooching out. 

"Friday, yeah?" He calls after you hopefully.

You turn and flash him a grin as your heels clack away down the alleyway. "Friday."

~

"How was yer dancin'?"

You just about manage to stop yourself from jumping six feet up in the air as Matthew appeared seemingly out of nowhere as you closed the front door behind you.

"Oh excitin' and tirin', as usual." You reply, hanging up your coat and placing your keys on the sideboard.

"Where's da?" You ask, noting that his coat was missing from its usual place.

"Out. He's meetin' some new guy. One of' the big fight brokers from the other side o' town. He can fix us up with some top names, reckons we can make some real good money."

"Why aren't you with him, Matty? You bein' the best one an all…"

"Yeah I'm goin'. Wanted to make sure you got home okay first. You've been getting back later 'n later each time yer out. Da was worried. An I was too."

You laugh. "Oh Matty, you're so damn sweet,  but I'm fine as you can well see. Us girls just love to gab on after, you know that."

He didn't look convinced but he nods all the same and that's when you see the blood drip down from behind his ear.

"Matthew yer bleedin'! I didn't know you had a fight tonight?" Your hands reach for his shoulders to keep him still as you have a closer look and then guide him towards the bathroom.

He shrugs. "Wasn't somethin' I planned exactly, one of the fuckin' Castiglione lads showed up at the gym. 

"What? Who was it?" 

It couldn't have been Frank, there was no way, but that didn't stop your heart creeping up your throat.

"One o' the younguns, just shit talkin' and tryin' to stir up trouble. Managed to clip me before I booted his arse down the street. Christ, I'd love a real excuse to fuckin' kill the lot of em…"

You stay silent, focusing your attention on gently cleaning the small cut and sticking a plaster over it.

"There. It's only a wee one, thankfully."

"Sis, yer a doll. Always lookin' out fer me." He pecks you on the cheek before grabbing his own coat and heading out. "We'll be back afore eleven. Stay inside okay?"

"Alright Matty, see you later."

~

It felt like you had been waiting months by the time Friday finally rolled around. You met the girls, Karen, Marci and Dinah at the dancehall, trying your best to pay attention and stay engaged in conversation but you found yourself constantly scanning the bar for him.

You freeze as you feel a hand on your waist and you whip around with your fist raised, ready to clock the slimeball who had dared to touch you. 

"Woah, sweetheart!" Frank raises his hands in submission and chuckles as your expression changes from pissed to adoring in a fraction of a second.

"Frankie." You purr as he slides his arm further around your waist and takes your softening fist in his hand.

"If you're done with the fightin', may I have this dance?" He asks, leading you onto the crowded dance floor. 

You nod and flash him a smile, trying to calm your excitement and allow yourself to melt into the solid mass of him, as you drift further away from your group of friends. "Missed you Frankie…" 

He pulls you even closer and you can feel the heat of him through the thin fabric of your dress.

"Missed you more. You look so gorgeous darlin'," he says. He dances with you for a while, and oh, he's got all the moves - spinning you around and dipping you for several songs before he's guiding you towards a quiet corner away from prying eyes. You giggle as he noses your ear and kisses your neck, and when you meet his hungry mouth his fingertips dance up the outside of your bare thigh making you shiver.

"Someone might see!" You warn. You should break away, but you're eager for his touch and he knows it.

"Don't care. I need a taste baby. Been thinkin' bout you all week. Can you feel that?" He asks, and it's a dumb question because he's rock hard against you and it's driving you insane. Your mouth goes dry as he takes your hand and holds it over the front of his pants. "That's what you do to me princess, fuck… that's what you do."

You glance around, your nerves on fire with the excitement of getting caught but no-one is paying the two of you any mind. 

"What about the bathrooms?" you pant into his mouth as he kisses you breathless again.

He grins, trying to hold in his groan as you squeeze his clothed cock in your hand. "What about 'em sweet girl?" He teases, knowing full well what you're implying.

As soon as the stall door's locked you pounce and it throws him for a loop. He's usually the one to take control but he'll be damned if he won't let you get what you want. You place both of his hands underneath your skirt right on your bare ass and you swear you could get addicted to seeing the expression that appears on his face as he realises you've honoured his request and you're not wearing a shred of underwear. 

He squeezes your warm flesh as you unbuckle his belt and open his pants, taking his thick cock in your hand and giving him a few firm strokes. You slip your hand into his pocket and find what you're looking for, tearing open the packet hurriedly and rolling the condom onto him before you hike up your leg and urge him to pull you up. 

It's a struggle for you both not to moan at the sensation as he sinks inside you. He turns you both so your back's against the stall, wrapping your legs around him and bracing his own legs wider so he can fuck you the way you crave. 

You hear people coming into the toilets, laughing and chatting but it's no big deal, it's the kind of place that young lovers meet to spend some 'quality time' together, and you two were no different. You'd asked your friends to let you know, unlikely as it was, if any of your family appeared, so you felt as if this was the closest to having a relaxed intimate time with Frank as you could get.

You're at eye level with him as he thrusts into you against the stall, you love being able to see his face when he's inside you and watch him try to hold it together when he comes apart. 

"Frankie," you moan, "oh fuck��� feels so good!" 

He kisses you again and it's so possessive you almost lose it, his hand reaches up to grip the top of the stall to give him more leverage to drive into you deeper and harder. 

"Princess, you're a fuckin' dream. Touch yourself baby, make it feel good, that's right baby, let me feel it too."

You do as he says, unable to curb your impassioned cries as it takes almost no time at all to near the peak of your pleasure. 

"F-fuck Frank- ohh god-!"

He curls in against you, his breath hot and heavy, letting go as he feels you spasm around him with the last few desperate thrusts. 

"Marry me." He pants, still holding you tightly up against the stall door.

It takes a few seconds for the post orgasmic fog to clear from your brain so that you can process the words you think you just heard coming out of Frank's mouth.

"W-what?"

"Marry me darlin'.  I'm askin' you to make me an honest man. Will you?" 

"In the toilets? While you're still inside me?!" 

He chuckles. "Hell, I know it ain't Paris, I just… I love you."

You beam from ear to ear, laughing too. Suddenly it doesn't matter where you are, you're just overflowing with unfiltered glee at his words.

"Oh Frank, I love you too!" his lips meet yours over and over, raining kisses all over your face until you're both laughing so hard you have to slip out of his embrace.

"You uh, haven't given me an answer, sweetheart..."

You can't help your sigh as you press your palm to the side of his face. "I told you before baby, a miracle would have to happen for us to be married. I want to, Frankie, I really do more than anything but I just don't see how." 

He kisses you on the forehead before he cleans up and helps you fix your hair and dress. "Yeah, I know." He sighs.

~

You practically hop, skip and jump up the stairs when you get home, so elated with Frank's admission of love for you that the prospect of never being able to actually marry him couldn't even drag your mood down. Matt comes around the bottom of the staircase to see what all the noise was about.

"A good night then, love?" 

"Oh Matty, it was just perfect!"

He smiles wide. "Glad to hear it pet, love seein' you so happy."

You were dancing around so much that you failed to notice the necklace Frank had given you fall out of your shoe and land on one of the stairs.

But Matt noticed it. You'd disappeared into your room by the time he'd picked it up intending to give it back to you. But then he ran his thumb over the charm again and again, gritting his teeth harder each time he read the engraving. He couldn't believe it. 

He tried to stop the rage he felt rising from his gut, but this wouldn't stand, that was for sure. His little sister would not and could not ever be associated with that Castiglione scum. Matt's hands instinctively curled into fists. He was going to hunt down that son of a bitch and after he was done with him he knew he would never be going near you again.

~

When you come out of the shower and dress, the house is deadly quiet. You knew your dad was likely down at the gym training with the boys, but you called out for Matt, eager to hear about his next fixture. You loved your brother like no one else. After your mum was gone you were brought even closer together, most days you were never apart and even when he started fighting he'd always have the time to teach you some technique and even let you cut loose on him at the gym after school. He was so very protective of you when you started seeing boys, none of them were ever good enough for you and if he had his way you'd probably die a spinster. 

"Matty?" His jacket was still on the peg. Then a glint on the sideboard caught your eye. The necklace.

Oh no. 

Fuck, it must have fallen out earlier and he'd found it. You picked it up, brushing your thumb over Frank's initials. Your heart dropped like a stone as you knew what Matt was likely to do.

When you reach the warehouses down at the waterfront, you could already hear the commotion. A large circle of people stood near one of the huge open loading doors, mostly Castiglione men and some women, shouting and gesturing towards the center. You run up, forcing your way through the crowd to find the cause. 

Your eyes find Frank first. He'd look so fine if this was any other situation. The muscles on his chest and arms rippled as he stripped down to his vest. He was wrapping his hands with cloth as a few of his clan around him amped him up with whoops and hollers.

Opposite him stood your brother, still in his regular clothes with his shirt sleeves rolled up.

Your stomach lurched with a rioting combination of butterflies and bile. 

They were going to fight.

"No!" You shout, pushing your way past the crowd and running between them. You're not sure which one of them you were yelling at, your heart tearing itself in two with the prospect of what was about to happen.

"Go home wee girl," Matt barks, and Frank catches your eye. 

"He's right for once baby, get out of here. You don't need to watch me beat his ass."

"Frankie, no! Just let me talk to him, you don't have to do this, you don't need to fight!" You wheel around to face your brother. Your blood. 

"Please Matty, you don't understand! Stop," your eyes burn with the tears that threaten to flow. "Please don't, you can't… I love him!" 

You try pushing him back but it has little effect. He keeps on staring past you in the direction of Frank, his head tilting minutely as he listens to him tie off the last of the wrap and clap his hands together, testing them.

"I think I understand enough. An' I'll be talkin' to ya later, that's for fuckin' sure, now get on home!" Matt growls.

You shiver, feeling sick with anger and the sheer frustration that the two men you love with all your heart were going to fight because of you. It wasn't heroic, it wasn't romantic, it was raw and ugly and you wished you could do something to stop them.

"You wanna set rules?" Frank asks.

Matt almost snorts with laughter. "Rules? Rules?! Don't think ya know the meanin' o' the word seein' as you've had yer greasy mitts on my fuckin' sister!"

Frank wasn't going to publicly shame you by telling him that it was you who had come to him. No, if there was ever a hope for the two of you he'd play this clean and right by your family like you wanted.

"Fine." He nods, smacking his fists together and starting to circle his opponent. "C'mon then Murdock, if you wanna do it this way, ding-ding. Let's go."

They drew up fast to each other and it was Frank who threw the first punch. Matt easily ducked it, dodging to the side and countering with his own punch that you couldn't see land through your tears; but it hit its mark as you hear that sick sound that you would usually relish when you watched the betting fights. But not today. 

You run back home in a daze, unable to think of anything other than what if Matt kills him, and what will your father do to the two of you if he doesn't? 

Tears continue to blind you and your heart is a dull, burning weight in your chest as you reach the front door. You can hear the TV on in the living room so you run upstairs avoiding the inevitable questions. You throw yourself on your bed and cry into your pillow until you finally hear the front door slam. 

The voices of your father and Matthew are muffled at first and then your da is shouting. You cower as you expect him to come crashing through your door but it doesn't happen. A little while later there's a soft knocking at your door and Matt's voice floats through. "Little dove…  c'mon lass, it's over."

You let out a loud sob, the horror of what he might have done washing over you, he'd never killed anyone before but… 

"I hate you!" You push yourself up for long enough to scream through the door before burying your face in your bed covers again; pained heaving breaths wracking through your body as you cry your heart out.

He comes in and sits down on the edge of your bed as you turn away towards the wall. "You'll love me again soon enough. I've saved you a life o' heartbreak angel. He knows he won't be comin' near you again."

He sounds stuffed up, like his nose might be broken. Good. The words do little to stem the flood of anger you feel but now you know Frank is alive at least. "You can't stop me from seeing him, and you sure as hell can't control who I love!" 

Matt smooths his hand over your arm but you jerk away from his touch.

"Here, shush now, you want Da rippin ya a new one? I've only just managed to calm 'im down cause he's none too happy about the situation. You're a smart girl, you know this can't be. A Murdock and a Castiglione?" Matt spat the name like the taste of it in his mouth disgusted him. "It's bloody ridiculous! There's never been a time we've not been dead set against each other. And ya better not have been tellin' him any of our business… Da will go properly spare then."

"I’ve never told him anything! I don’t care about the stupid business because I'm in love with him Matty! I love Frank and none of you can change that."

Matt sighs deeply, his voice hardens. "That's enough now! You'll get over him eventually. There are plenty of better men out there that deserve ya anyways. I won't hear any more about it, an neither will Da. It's finished."

He makes you feel like a child and you can't stop your tears. You cry softly, your blanket damp and crumpled from gripping it so hard. 

Matt gets up. "We'll see ya downstairs for tea."

The door closes, and you feel more alone than ever before.

When you finally drag yourself downstairs to eat something your mouth drops open as you see Matt's face. Your earlier suspicions were correct, Frank had managed to break his nose, he had more than a couple of cuts on his brows too that Da had stitched for him, and from the way he moved around the table you could tell he was decently bruised. The fact that Frankie had gone down swinging was little comfort when it was your own kin hurt.

You ate in silence. Neither you nor your father were ready to look each other in the eye, nevermind speak. On the way to your room you looked for the necklace but it was gone. 

You cried yourself to sleep.

~

You spent most of the day alone in your room. Your father came in to check on you, but as soon as you opened your mouth to talk about Frank, he shook his head, slammed the door and left you angry and resentful all over again.

At night you found your bedroom window locked but that wasn’t going to put a stop to your plans. Using a hair grip and a lot of determination, you jimmied it open and climbed out and down the fire escape. Nelson's was where you were headed, they owned almost the entire meatpacking district and their main shop wasn't far from the house. Everyone went there so you knew you might be able to find out about Frank. 

The bell tinkled as you entered and Foggy was just closing up. But as soon as he saw it was you, he pulled off his apron and leapt over the counter to wrap his arms around you.

"Oh honey!"

"You heard?"

"You're surprised?" He asks as he leads you to the back of the shop so you're not seen. "It's pretty much all anyone's talking about. Actually thought your old man would have you locked in."

"Yeah well, so did he…"

Foggy laughs at that. He's Matt's best friend and practically family to you, and out of all of them he's the one that doesn't treat you like you're still a kid. You could trust him not to grass you up for sneaking out.

"Foggy, please tell me, have you heard anything about Frank, is he okay?"

"Well your bro didn't pull his punches…  He's pretty banged up from what I've heard, and uh, he’s in the infirmary. That much I do know."

Your heart feels like it's banging against your ribs and your stomach twists into a tight knot. "Oh my god, Foggy it's that bad? Wh- I need to- I need to see him!"

Foggy places his hands gently on your shoulders trying his best to calm you down. "Hey, it's okay. As far as I know it was just a precaution for concussion. Um, and for stitches, cracked ribs, and stuff. I know it's not what you wanna hear, but it coulda been a hell of a lot worse."

You swallow past the huge lump that's formed in your throat thinking about some of your brother's unluckier past opponents. "Yeah…"

He sits you down, gesturing at the makeshift bar beside him. "Tea, or…?"

"Something stronger, Fog." 

Foggy sighs and uncaps a half full bottle of scotch. He pours two glasses, and you quickly down the scotch, not caring about how rough it is or how much it burns. 

"You know I don't judge but geez, what have you gotten yourself into?"

You grip the glass tightly and wait for Foggy to give you another finger of scotch before answering. "He's so good to me, Foggy.. Nobody sees it and no one understands. They're just blinded by this fucking age old rivalry between our families. it's insane! I love him, he loves me and I don’t know why everyone can't just mind their goddamn business? Why can't we just be together?!"

He sighs again, deeper and more fraught this time. "The thing is, this is much bigger than love hon. This… it could trigger another war. You think your pop is pissed at you? I don't even wanna imagine what Don Castiglione is gonna do to his son even after what Matt's done to him over this. Your families don't cross, and when they do blood is always spilled!" 

Your brows knit together, face falling at the thought of how Frank might be punished, how he'd be kept from seeing you too. "Foggy, I need to see him. I know you must have contacts, you can help us meet without anyone knowing… please? Please can you do this for me?"

Foggy paces nervously. He loves you so much, would do near anything for you but…

He runs his hand slowly down his face. "Look, you just can't be seen near Frank at all, okay? You can't risk that and neither can I. But I do know someone; a nurse actually. She's a good friend and I might be able to get a note to him for you through her. But that's it, okay?" 

He wheezes at the surprising force as you fling your arms around him and he gives you a small smile as you hug him tightly in gratitude. 

"Thank you, Foggy!"

~

"There's our big cock-for-brains! How're the ribs, Francesco?"

Frank winces as he shifts on the couch to sit up as Billy swaggers in and throws himself down beside him.

"Better, asshole." he grumbles back.

Billy smirks. "Oh! Last time I checked I wasn't secretly fucking a Murdock but I'm the asshole? Heh, yeah that's a good one."

Frank doesn't even dignify his comment with a response but Billy keeps going.

"So, is she nasty? I'll bet she is. Does she fuck as well as that brother of hers fights? Actually, thinkin' about it she does seem to spend a lot of time with him-".

Billy gags as Frank suddenly grabs him around the throat, ignoring the dull pain in his body as he pushes him hard into the seat, choking.

"C-christ Frankie relax, I take it back! Fuck, I don't mean it, I just needed to know how serious you are about this girl!"

Frank lets him go with a growl. "You're fuckin' lucky you got such a pretty face Bill. If you were anyone else I woulda messed it up. 'Course I'm serious."

"Yeah, yeah I can see that," he half laughs, coughing and rubbing at his throat. "Well, you better have this then." He hands Frank a folded up piece of paper.

Frank's eyes light up as they flit over your words, but then he scrubs his hand over his face shaking his head, his worries sinking in.

"What is it?"

"Shit, she thinks it's her fault that we were found out. Shouldn't have given her that damn necklace… should have been more careful… fuck!" He pushes himself up with a groan and starts pacing the room, the muscle in his jaw twitching and ticking as he thinks.

"I've fucked this up. I need to see her."

Billy's expression turns to concern. "Frankie, you love this girl, right?"

The intensity of Frank's look gives him the only answer he needs.

"Maybe you should just lay low for a while. The last thing you wanna do is potentially stir more shit up and get both of you in an even worse way. Just keep your head down, focus on the work, and then… who knows? Hell might freeze over."

Frank hates the idea of you thinking he's abandoned you, it guts him, but he knows Billy's right. He has to keep his distance for now. 

Fuck, he misses you.

~

A week goes by after you gave Foggy the note. And then another… and another. He can't possibly have given up on you, surely? But hope of ever seeing him again in the way that you did before starts fading quickly along with your anger at your brother. You had blamed him for everything, for perpetuating the rivalry, for telling your father, for putting Frank off you. You cried until you felt as though you had no tears left to cry.  

Matt tries his utmost to distract you from your moroseness, dragging you along to his fight fixtures that you used to love watching. But every one of his opponents that he beats just makes you think of Frank. 

There had been word of a huge arms shipment arriving at the docks later that week. Your father, uncles, and cousins spent most of their time planning on how they would get their hands on it before the Castiglione's could. It was a major job and a big risk, but if they could pull it off, it'd mean they could start selling weapons on the side and make even more money. You tried to talk your da out of it, piling up all the reasons he shouldn't get involved. But if there was anyone he was gonna take family business advice from, it was not going to be you.

"Matty I don't like this. We’ve got enough fingers in pies surely? We're doing alright, why is he so keen on going ahead with this job?"

Matt bounced gently against the ropes of the ring. "He wants to get one up on the Castiglione's, angel.  He won' let your little dalliance hold shame over us, he wants everyone to know who's boss."

Shame. The word made you grit your teeth till your jaw hurt, you were sick of this. Your father was a proud man, too proud sometimes. Nothing about it felt right but neither Matt nor your da would give your concerns the time of day. 

When the big night arrived you were ordered to stay behind, meet up with your girlfriends and go dancing or see a movie or something. Stay out of trouble.

Like hell. 

You carried on as if you were happy to stay home, but as soon as Matt and your da left to meet the others at the warehouse you followed a little way behind. You couldn't shake off the bad feeling that was slithering up your spine.

~

Frank smacked the cartridge back into the handgun he had just finished cleaning and laid it down on the massive table along with a gleaming array of other weapons. 

"Ragazzo, you ready?" Billy's voice drew him out of his silent brooding.

"Yeah, yeah. Gear up and we'll head to the docks. M'just itchin' for somebody to step out of line." Frank growls, slipping his gun in the back of his pants.

Billy throws him a grin and secretes his own arsenal of firearms and knives about his body. "Y'know, I kinda hope they do, I just love to watch you work, Frankie."

~

It was late when the boat docked. The Murdocks had intercepted it on its way in further down the river, overturned the guards and crew and steamed in ready for when the Castiglione's would inevitably be waiting for their delivery. You knew a couple of your cousins were stationed around the yard, lurking in the shadows of the huge containers just like you were. You knew how to stay hidden and move like a shadow when you needed to. Once a Murdock…

You see the Don's men arrive right on time, none the wiser as to what has happened until the gangplank is lowered and it's your da that steps out, flanked by two of his heavily armed henchmen. You couldn't see your brother.

"What the fuck is this?" Don Castiglione spits. He is every inch the gangster, tall, broad and extremely intimidating. You'd never seen him this close before but you could now see a bit of him in Frank.

"You Irish mutts think you can just take what's mine, huh? I'm insulted!  You should stay in your own little game Murdock. Take my advice, the guns do not suit you.

His men move forward and your da holds up a hand. "Now fellas, we don't wan any bloodshed tonight. If ye take a look around you'll find yer outnumbered n' outgunned. So, if ye will jist step aside we'll be loadin' these up in our trucks and'll get out of yer way and we'll hear no more about it, right?"

You see the rest of the Castigliones gradually appearing from out of the woodwork, and then you see him. Your heart sighs with relief that he's okay as far as you could make out. The glint of his piece shines in the moonlight as he moves to stand near the Don, who whispers something to him.

"Francesco, you are going to make good on your… mistake, and bring me my guns, capiche?"

They stand stock still for a long moment as Frank stares him down before they both suddenly spin on their heels as a deep voice like burnt gravel cuts the silence; effectively  interrupting the confrontation.

"Gentlemen. I believe I can resolve this rather… delicate situation that we have here…" 

It's Wilson Fisk. The fucking Kingpin. 

The metallic clack of weapons all around being raised and aimed at the newcomer echoes around the yard. However, the huge figure and his men remain unperturbed. 

"Mr Murdock," he continued calmly, "if you would please step aside, I will take what is mine."

Your blood runs cold. You knew your da would never back down. He was stubborn and tenacious and had definitely passed that trait on to you and Matt. Damn his fucking pride, you wanted to run out between them. Where the hell was Matty?

Just as you predicted your da stood his ground, finger hovering near the trigger.

"Y'think yer the fatcat around here don't ya, son? Well, I'm 'fraid to say that yer jist plain fat. Now run along an' let us men finish our business eh?"

Time slowed to a crawl. It was like everything was running through a sea of molasses. A shadow leaps over the railing of the boat onto the dock, it's running towards Fisk's men, Frank runs too as you see too late as Fisk's right-hand man raising his gun at your father. The shadow plows right into the second man who had also brought out his weapon, tackling him down to the asphalt. Several shots ring out like cracks of thunder and you scream as all you can see is your father dropping to the ground, there are more gunshots and then it's all over as quickly as it had begun. Your eyes frantically search the scene trying to understand what had just happened. 

Fisk is gone; disappeared into thin air along with one of his men. The other of Fisk’s henchmen was lying in a pool of blood at Matt's feet, one or both of the families had shot and killed him. You run out as you see your father being helped to his feet by Matt. They are alive and unhurt and you thank whatever gods would listen. 

It's then you see another body lying limp in front of them.

"No….no no no!" You hurtle across the yard towards it, Billy Russo and the Don are heading exactly the same direction. 

Towards Frank.

"Jesus Christ girl, what are you doing here?!" Matt rages at you. You fall to your knees as Billy turns Frank over onto his back, feeling for a pulse and listening for a breath; any sign that he is still alive.

Your father's voice is muddied in the background as the two families crowd around the scene. "H-He… that boy saved my life… he saved ma fuckin' life!" 

Blood seeps from Frank's stomach onto the ground.

"Frankie no, no don't die! Don't you fucking die! You hear me?!" Tears flood down your face as you grab his hand and squeeze. Billy puts pressure on the wound, slapping his face a couple of times trying to get him conscious. "C'mon bro, c'mon wake up for me! Wake up!" 

A van screeches up nearby and the Don orders his men to lift Frank and put him into the back. You climb in beside him, ignoring their protestations and grateful for Billy who snaps at them in finality. "She's coming with us.."

Matt runs up to the van after making sure your da is taken care of. "No… c'mon we need to get gone. You shouldn't even be here!"

"He saved our da, is that not worth anything?" You sob at him as Billy climbs in with you.

"Leave her be." Billy says. He slides the door shut and Matt's left standing as the van speeds off into the night.

~

Frank suddenly draws a wheezing breath as you hold onto his hand in the back of the van.

"Oh thank fuck. Frank! Frank, can you hear me?" Billy practically yells at him, ripping up his shirt and pressing it to the bullet wound as Frank gasps and groans in pain.

"Y-you holdin' my hand Russo?" He croaks, and you give it a squeeze, leaning over him so he can see you.

Your eyes briefly flick up to meet those of the Don, who has been silent the whole time.

"Frankie, you're okay." You tell your lover.  "They're taking you to a doctor.  You're gonna be okay." 

"Darlin'," he tries to sit up, starting to cough and you hold him down. "What you doin' he-" he coughs again and Billy helps keep him still.

"Shh, yeah I'm here, just don't move, don't move." You try not to think about how much red there is pouring out of him and onto your hands.

"Fuck… fuck it hurts- your dad, he okay?"

You stroke your fingers through his hair and try to smile. "Yes, oh god Frank, yes he's fine, he's fine! Now shh, don't speak, just hold on for me alright? You're gonna be okay, it won't be long.

You share a worried glance with Billy and hope that it's not far now.

Billy barrels through the A&E doors ahead of you and the Don's men who are carrying Frank.

"We need help here! Where's Claire? Get me Claire Temple!" he growls, taking an empty gurney from a nearby orderly and helping get Frank on it as he drifts in and out of consciousness.

A woman in scrubs very quickly appears from the triage area and immediately takes control. 

"Okay… we got a gunshot wound, anything else you wanna tell me? Was he conscious before now?" she asks you. A flash of recognition passes between you both, you had seen her patch Matt up after his fights a few times.

"No, no nothing else, yeah he was talking just a moment ago. He's lost a lot of blood on the way, can you help him, please?!" You plead.

"We'll do our best.  Please wait here."

Billy pulls you along as you both follow after the crash team taking Frank through the double doors, but Claire stops him short after she lets Frank's father go through with them.

"Hey, we're family too!" He protests.

"There's too many of you to let into the room, please, just wait here. Someone will update you as soon as we can. Right now, our main priority is to get him stabilised. Please, let us do our job."

The two of you reluctantly move over to the seating area as the other men go back outside to the van. Billy paces as you sit chewing your nails down to the quick.

"What you said…"

"What?" Billy asked.

"'We're family'." You say, catching his eye.

He stops his pacing, looking at you with sincerity. "If you're important to Frank, you're important to me. It's that simple."

You give him a small nod, returning to biting your nails and waiting with worry. 

Billy sits down beside you. "I'm sure he'll pull through. The fucker is hard to kill." he smiles and you return it, thankful that he's here.

"Yeah, he's gotta be alright."

~

After a few hours, Claire comes through the doors and you and Billy quickly get to your feet.

"He's stable. We were able to take the bullet out. It nicked an artery on the way in, but thankfully it missed his vital organs. We did have to give him a transfusion as he had lost a lot of blood. But, he's been stitched up and resting comfortably.”

"Oh my god," you felt the leaden weight lift off your shoulders slightly. "Claire, I can't thank you enough… Can we see him?" 

She nods. “You can. Just know that’s going to be groggy from the drugs we gave him. But I’m sure he’ll still appreciate the company.” You and Billy thank Claire before going into Frank’s room. 

He was groggy as Claire had warned you, but he returned the soft squeeze of your hand as you knelt down beside the bed. "Frankie, I'm so glad you're alright!"

"See, told you he was hard to kill." Billy said, patting Frank on the leg and smiling at him.

Frank chuckles, wincing slightly. "Yeah, you're not gettin' rid of me that easily. Baby, I'm sorry I got you into trouble. It's all my fault." He's looking into your eyes as he speaks, his hand reaching weakly for your face and you feel the bite of tears returning.

"Hey now, don't you cry over me darlin', I'll be alright. Everything's gonna be just fine, you didn't do nothin' wrong."

You sniff and laugh a little, stroking his hand that's cupping your cheek and wiping away your tears. "I'm the one that's supposed to be saying that! I missed you…"

"I missed you too. Not that I don't appreciate it, but you shouldn't be here. You should be with your family. With Fisk back on the scene it's dangerous baby, for all of us. What were you even doin' down at the docks?"

"I just had a bad feeling…" you interlace your fingers through his. "...but because of you my father is alive and well. I'm right where I need to be."

You're suddenly aware of an imposing presence as the Don entered the room. The man's even bigger than you had thought on seeing him up close. 

"Ah, so finally I get to meet the bella ragazza causing all of the trouble? The little bird that has my Francesco's heart, hm?"

Frank rolls his eyes. "Papa…"

You step forward. "I- I'm sorry Don Castiglione, I really didn't mean to-"

He takes your hand kissing the back of it briefly. "You make my boy happy, and so I am happy. So good to finally meet you, however I wish it were under better circumstances."

You swallow your nervousness down, nodding, actually surprised with how easy going he seems in private. "Thank you sir, it's great to meet you too."

"We are taking Francesco home tomorrow to recuperate, why don't you come and stay at the house with us? We have many rooms and I am certain he will recover faster if his love is nearby, hm?"

You're unsure what to say to such a generous offer, but Frank answers for you. "She'd love to papa."

You nod politely, still a little intimidated by the Don. "I would, but only if you're sure."

"It would be my pleasure, my dear."

Frank kisses the back of your hand. "Alright, I hate to say it but you better scoot, sweet thing. There's some shit we need to sort out…"

You sigh, not even being shot could stop the 'big men' from having their secret meetings. You bid the Don thanks and goodnight and catch Billy at the door. "Please will you make sure that he rests tonight and he doesn't do anything too stupid?"

Billy just chuckles, "you know that's an impossible ask, right?" He pulls you into a quick but surprisingly heartfelt hug as you stand up. "But I'll do my best bella nemica.

Frank can't help laughing softly at the nickname, groaning at the pain as it makes his stitches pull. "Oh that's a good one Bill, I'm stealin' that. You take care darlin', love you so much."

"I love you Frankie, I'll see you tomorrow!"

~

As you walk out into the hospital foyer you find your father waiting for you.

"Da, I…"

He pulls you into his arms, squeezing you so tight and you hug him back, relieved. "You shouldn't have been there tonight…"

You slump against him, the exhaustion from everything that happened suddenly hitting you like a truck. "I know, I'm sorry. I had to come, I was worried about you both. I'm so glad you're alright."

"Is he… okay?" 

You're surprised he cares at all about Frank but you nod. "Yeah, I've just seen him, he'll be fine. Where's Matty?"

"Out with boys patrollin', makin sure the streets are safe. Listen pet, I'm reckonin' we need to meet with the Castigliones to try an' organise some kind of truce. If Fisk is back and makin' a play to control the Kitchen we're gonna need more people an' it makes sense to join our forces."

You stare at him, your eyes wide not daring to believe. "Tell me you're serious. Please tell me you mean that da."

"That boy saved ma life, little dove. An it's war now, this changes things."

"But you've always hated them! Is Fisk really such bad news that you'd forget everything you drilled into me and ally with them?" 

"Darlin, ye have no idea…"

When you get back home you spend most of the night into the early morning talking with your father. He asks so many questions about Frank. He asks about his family and about your relationship, and you answer what you can. In turn you grill him about Fisk, and he paints a dour and terrifying picture. You understand now why he'd go back on his previous vow.

"I need ya to arrange a meetin' with the Don.  D'ya think you can talk to yer lad about it pet?"

"Uhuh, actually he offered me a room there so I could spend some time with Frank while he recovers… but I know what you're going to say so-"

He cuts you off. "Ye knew I was goin' to tell ye that ah think ye should go?" 

Your jaw almost hits the floor in disbelief. "You do?"

"Aye, you'll be safe enough there. Don's got a lotta men, an' that Russo I know is a good shot."

"Matty won't be happy." 

"No, but don't you worry 'bout that, I'll see to 'im."

You look into your father's eyes, and you can see he's asking for your help. You were scared. Kingpin had taken control of the shipment after everyone had scattered and who knew what else he had up his sleeve or when he'd choose to strike next. 

But this… this might just be the way to bring him down. If he knew anything about Hell's Kitchen, he'd never suspect an alliance like this. Fuck, even you would never had imagined it could be possible. 

The next morning you pack a bag, call a cab and go over what you're going to say to the Don when you get there. Matt must have stayed at the gym last night and you don't get a chance to speak with him. In a way you're almost glad as he'd probably chew you a new one for doing this.

The cab pulls up on the huge gravel drive and four well-armed guys in fine fitting suits give you a thorough once over and check your bag when you get out. 

"Hey! Keep your paws to yourselves, you animals. She's good." You are so relieved to hear Billy's voice, and he flashes you his charming smile while guiding you towards the imposing front door. 

"We figured Francesco would be safer here. The doc at the hospital wasn't keen on that idea, but what can they do?" He takes you straight inside. "You are here to help me look after the lil shit, aren't you?"

You follow him down the marble floored hallway, your eyes flitting around taking in the rather opulent but classic decor. "Of course, and who wouldn't rather recuperate at home if it's like this, holy crap!"

Billy smirks as he opens a door and ushers you inside the plush room.

You were so pleased to see Frank's smile. "Am I glad to see you again, sweetness." He tells you.

You bound across the floor to the huge bed that your beau is resting in. You're relieved that he looks so much better. You hold his face in your hands and are happy to see that he's back to a healthy colour. You pepper gentle kisses all over him, letting him know how happy you are that he’s better. Billy leaves you both to it and you're grateful to have some time alone with Frank. And so it seems, is he. 

"Frankie, you look good, how are you feeling today?" you ask, squealing in surprise when he pulls you into the bed to lie beside him. 

"Careful baby!" You exclaim before he's capturing your lips, not caring about the pain in the side of his gut if he gets to taste and feel you again. That wild want is there in his eyes when you break away and it's hard for you to resist giving in to it when his hands begin to roam over you.

"God I've missed you, missed having you…"

You huff at him. "Frank, you know I'd want nothing more… but you've got to rest, you've been shot for Christ's sake!!"

"Yeah, yeah I know," he says, the corner of his mouth pulling up mischievously. "but there's still some things I can do…" 

You feel the heat in your face even as you shake your head at the audacity of him. He never gives up, yet another thing you love about him.

"Just be serious for a minute.  My da’s asked if you can arrange a meeting between your father and him. He thinks our families should work together to stop Fisk."

He stops messing with you as he considers it. "Well shit, ain't the worst idea. And you agree?"

"I do. It makes sense, and it's the last thing Fisk would expect.

Frank mulls it over for a moment and then calls for Billy. "Hey man, can you get my dad in? Think we've got a proposal for him."

You're suddenly nervous for a different reason, hurriedly standing and smoothing down your clothes as the door opens. Frank reaches for your hand and gives it a gentle squeeze.

"Hey, don't you worry baby." He reassures you under his breath. "Just tell him what you told me."

When you relate your own father's thoughts to the Don you're surprised when he doesn't interrupt, instead listening intently.

"...and where might the meeting happen?" He asks with interest.

"I think I know a place."

~

Foggy's in good spirits when you drop in to the shop. He’s glad that you’re okay, but his pleasant mood doesn't last when he hears what you've got to ask him.

“You want me to have The Murdocks and Castigliones under the same roof? Are you kidding me?”

"But your place is neutral ground, Foggy! There won't be any trouble I promise you."

He paces around frantically. "No trouble?! You can't promise me that!"

You fiddle with the snack display by the counter. "Look, I know it's a lot to ask, but if we can stop Fisk from becoming a permanent fixture everyone will be better off. Please Foggy, for the sake of the Kitchen." He stops his frantic pacing and pins you with a worried look.

“Fine. But if anyone gets shot, remind yourself I told you this was a bad idea.”

~

A couple of weeks later you found that Foggy wasn't exactly wrong in what he had told you. With the heads of both families and their closest lieutenants gathered in the large space of the Nelson's back room, the air quickly grew thick with tension. Matt arrived first with your father; stopping in his tracks as soon as he sensed you. You hadn't seen each other since that night at the docks.

"Matty-" you start. "alrigh' dove." he replies, only giving you a curt nod as he makes his way to the end of the long table. You sigh. This was going to be a long night.

When Frank comes in Matt stands quickly, his chair shrieking along the floor with his fists bunched at his sides. The Castigliones bristle, fingers itching and ready to reach for weapons. The tension was ramping up fast and it felt as though the meeting was about to fail even before it could begin.

"Ahh there he is. The golden boy. Fuckin’ cunt of the hour." Matt snaps.

"'The hell…?" Frank starts.

You found yourself getting to your feet.

"Christ Matt, will you just behave? Frank saved our da's life, does that mean nothing to you?"

"Aye it goes a way, but does he think he's better than us? That you're safer with him, with them, than us? Was that why you didn't come home, pet? Was this all his fuckin' idea too?!"

You'd never seen Matt this upset and angry before. You had to calm him down before something irreversible kicked off between the families. Frank shot you a concerned look but didn't interfere; knowing that anything he said could make things even worse. You pull Matty aside, whisper-yelling at him.

"Hey, listen to me Matt. Me staying at the Don's was da's idea, and getting everyone together was his too! Did you not know that?" You hiss.

Matt huffs. "No. I just thought that…" he paces before running a hand down your arm. "we're the ones that keep ya safe, love, yer family. Not them. It just feels like-" he stops himself, unable to fully admit his jealousy.

You urge him to continue, you don't want there to be bad blood between the two of you, especially now.

"I worry about ya dove. I know ya say ya love 'im, I just don' wanna see y'get hurt. When you're wit me, you're safe, y'can't get hurt. You know I love you too."

His expression is so honest it makes your heart burn.

"Matty, I love you so much, and I know you're just looking out for me but please, you've got to let me live my life for myself. I'm a grown woman now. You don't need to keep protecting me from everything!"

He sighs with resignation and you squeeze his arm.

"I know you're not sure about Frank but he really does love me, and I don't believe that he'd ever hurt me intentionally. And this? This is the best shot we've got at Fisk, you know that. Please don't throw this away Matt, do it for the Kitchen if not for me!"

He softens as you plead, "I'll do it for both of youse."

You kiss him on the cheek and whisper a sincere thank you before returning to the table where discussion is already underway. You walk over to stand beside Frank and kiss him swiftly. He's a little surprised that you'd make your relationship so public with the current situation as it is.

"S'everythin' okay princess?" He asks nervously as you place your hand in his, and let out a thankful sigh along with a shitload of tension.

"Everything's grand, Frankie." You say with a genuine smile. "Let's get this started."

The heads of the families agreed that they needed to find out what resources Fisk had, how many men and how much firepower he possessed before they made their move. It was proposed that members from each side should scout it out, and ultimately it was decided that Matthew and Frank would go.

As you watched Frank slip his pistol into his holster and give you a wink, you were reminded of the day you had first laid eyes on him. It felt like a lifetime ago even though it had been just over a year since you'd walked to the store with Matty, and Frank and Billy had been in there.

"Well that's my day ruined. Can't breathe in this town without runnin' into a Murdock, or two." Billy had remarked, looking you up and down with dark eyes and a devilish smile.

Matt stiffened, moving in front of you, jaw and fists clenched. "Y'know this is our territory Russo, so get lost or I'll help ya find your way out..."

However, your attention had been on Billy's companion, who you would later find out was the Don's son. His face was set hard, but he had warm brown eyes, and a big boxer's nose that drew your gaze. When they had left the store Frank had looked back over his shoulder, the faintest smile on his lips as he threw a wink your way and you found your face heating up.

Now they were heading into dangerous territory working together. Your heart was in your mouth as they both finished kitting up, arming themselves to the teeth just in case shit happened to go south.

"Please be careful." You say to Matt, your words somewhere between a prayer and a blessing.

"M'always careful, love." He replies before he lets Frank talk to you.

He brings your hand up to his lips and kisses the back of it as he looks into your eyes with a serious expression. "You promise me you'll go straight on home, yeah? Don't want you on these streets tonight baby."

You stroke the side of his face and bring your forehead to touch against his, breathing him in. "I promise. And promise me you'll look after each other."

Both men nod and then head for the door and you and your father head for home.

~

Matt stops Frank with his arm as he listens to check that the way is clear for them.

"Alrigh', we're good." He confirms after a couple of beats.

"Reckon we can get a read on em from up on that roof there, it covers most of their exits." Frank suggests, and Matt nods and follows. When they're situated, hunkered down side by side behind a low wall, Frank feels the oppression of something waiting to be said. The muscle in his jaw ticks as he clenches it and he can't stand it anymore.

"C'mon man, can we just get this over with? Say what you gotta say, I know you wanna. I can take it."

Matt swallows his pride and turns to his former foe after taking a pensive breath.

"Yeah, you're right, I have got somethin' t'say to ya. M'sorry. I was wrong about ya an I've been a right shitebag to you an ma sister all this time. But, there's a right thing to be done an' I'm hopin' tha we can move on?"

That wasn't what Frank had expected at all, a swift one-two knocking his brain around in his skull, but it felt like a dark cloud was lifting and he actually started to smile.

"I know you're just lookin' out for her Murdock, I get it, and I really appreciate you sayin' that. Might not have seemed like it but I've got a lot of respect for your family after meetin' that girl."

Matt nods. "Feelin's mutual. I shoulda just trusted her in the first place but y'know what's she's like, always gettin' hersel' into trouble."

Frank chuckles quietly. "Don't I know it."

They keep watch for a few more hours, noting the comings and goings of Fisk's men. After clocking where the weapons are stored, they manage to sneak in and get a good idea of what kind of firepower they have before reporting back.

The two long feuding families of Hell's Kitchen drive the Kingpin out of their territory in a spectacular blaze of fire and fists. He certainly didn't expect the Murdocks and Castigliones to team up and take back what was theirs; which was a huge advantage for the families. When Frank and your brother returned triumphant you leapt into Frank's arms, kissing him over and over and until he was almost begging for air.

When word spread of the victory everyone headed to Josie's to celebrate, but Frank knew his fight wasn't quite over. There was something else he had to do.

He's feeling like he knows real fear for the first time in a long while as he approaches Jack Murdock in the bar. He's got just one aim. One question.

Jack nods at him as he comes over, signaling the bartender to pour them a couple of whiskeys.

"Alright lad? We did good, eh?"

"Yeah, that we did. You, uh, know why I'm here?"

"Aye son, I know. C'mon then, out with it." Jack says to him.

Frank's mouth nervously forces a smile and he takes a deep breath before he begins.

"Sir, I'm sure by now you know just how much I care for your daughter, and if you don't, well… thing is I love her. Love her with all my soul and with your blessin', I want to ask her to spend the rest of our lives together.."

Your da raises an eyebrow. "Oh aye, is that so? An' would ya do right by her? 'Cos ya know if y'don't you'll have the whole clan comin down on ye like hellfire?"

"I know that and I will. She's my life now sir, couldn't love no one else more."

"Alright boy, but y'know we'll be watchin' ya."

He grins and raises his glass to Frank's own. "Well y'have my blessin', and I've no doubt she'll be happy wit ye."

Frank breathes out a solid sigh of relief and can't wait to tell you, to ask you to be his forever.

When he does it's a little bit more romantic than a toilet stall in the dancehall. He picks you up in his car the next evening. He's got the top down and is waiting next to the open passenger door as you step out of your house. You take his breath away every single time he sees you but tonight it's different, you no longer have to hide your love for each other. He takes your hand, takes all of you in, your dress, your hair, your beautiful smile. He knows he's a lucky man.

"Where are we going to baby?" You ask, but he only smiles and tells you to hold tight. You're curled around his arm the whole way as he drives you both to the hills outside of the city.

When he pulls up at a quiet parking spot you get out and can see the twinkle of the city lights below mirroring that of the starry sky. When you turn around to show your excitement he's pulling a hamper and blankets out of the trunk.

"Oh Frankie, this is so gorgeous! Thank you so much!" You squeal as you help lay out a blanket and he digs out some delicious treats, glasses, and a bottle of wine.

"Gorgeous spot for my gorgeous girl."

He opens the bottle then fills your glass and his own, and you raise them to clink and take a sip. He watches you looking out at the view, a mild breeze weaving through your hair. You're just sitting there and he almost can't believe how head over heels he is for you. Things could have turned out so differently but he's eternally grateful that they didn't.

When you turn to him you can't help but giggle at the insanely adoring way he's looking at you.

"What is it?" You smile, taking a bite from a plump red cherry.

Frank brings his hand up to the side of your face, his thumb passing lightly over your lips as you look up at him with your big eyes.

"God, I just…"

You tilt your head in curiosity as he reaches into the hamper for something, producing a small black box which he opens in front of you on bended knee. It's his mother's ring, a delicate and twisting precious metal band set with a small sparkling diamond glinting up at you.

"Oh Frank…" you gasp, any other words are lost in your surprise but he carries on.

"I love you baby, so goddamn much. And I know I asked you before but I'm askin' you now, proper. Your da gave me his blessing and I'm hopin' that you will too… please say yes darlin' and marry me? I've wanted to be yours since the first damn time I saw you. What do you say? Talk to me baby, don't leave me hangin' like this!"

Your hands come up to frame his face and you kiss him over and over and over as you answer an excited 'yes!' between every one. He's laughing with a smile so big as you hold out your hand for him to gently take the ring and slip it on your finger where it fits perfectly.

You kiss him again, this time it's slow and lingering on the lips and he wraps you up in his embrace as he deepens it, laying you down on the blanket underneath him. Your fingers slide into his hair and his hands squeeze the roundness of your ass eager to feel each other as your kisses become more heated and desperate.

Your eyes meet. "I'm yours forever now, Frank, make me feel like it."

He wastes no time answering your request, running his hands over your body, nipping and kissing at your earlobe and just below as he caresses your breast, and you push your hips up against his moaning with pleasure. You slip a hand down to feel his hardening cock through his pants, frantically scrabbling to loosen his belt and free him as he curls his fingers around the waistband of your panties pulling them down, his lips almost never leaving your skin.

"Baby, baby… mm, goddamn you're so perfect for me." He murmurs and you let the night sky hear just how good he makes you feel as he slides his fingers through your slick folds, teasing at your clit with light strokes.

"Yeah, you like that, huh? That what you need?"

"Frank please, I can't wait! Just- I need you…" you plead, pressing your body up against him and stroking your soft hands up and down his erection to make sure he gets the message.

"Oh shiiiit… alright sweetheart, shh-shh. I got you, I got you…" he whispers against your skin as he pushes his pants down and your silky dress up, quickly rolling on a condom. He moans along with you as he finally sheaths his thick length inside where you need him the most. both of you gasp at the feeling. You claw at his shirt, pull him as close as you can when he starts to rock into you. Every thrust of his hips has you desperate for the next, you want him so deep so that you can feel him for days after this and you tell him so, driving him crazy and making him fuck you even harder.

"Anythin' you want, I'll give you anythin' love, just wanna see your pretty face when you come for me."

He wraps a strong hand under your thigh, pulling it up making you moan out again at the new delicious angle, arching underneath him as he draws back almost all the way out and then fills you back up again, taking you so easily to the edge of an earth shattering climax. His hand comes up to cradle your face, watching you, seeing the love he feels for you reflected in your beautiful eyes.

"Frankie, you're gonna make me-" As you approach the precipice, the only thing in your mind is that he's yours and you are his.

He seals his mouth over yours, tongue teasing against your own, your whimpers muted as he does all he can to make you fall apart, to pulse and clench around him, your vision whiting out with only this blissful sensation spreading through your body and the sound of his voice in your ears while he talks you through it.

"Yeah baby, that's it my sweet girl… god I love you so fucking much-"

You cry out to the stars as you share in this intimate moment, showering each other in endless, breathless declarations of love.

.

.

Epilogue

[ivan-fyodorovich-k]

I will be curious to read the vituperative denials of the validity of this article's analysis, which is pasted below the cutoff:

“Are you better off today than you were four years ago?” That question, first posed by Ronald Reagan in a 1980 presidential-campaign debate with Jimmy Carter, has become the quintessential political question about the economy. And most Americans today, it seems, would say their answer is no. In a new survey by Bankrate published on Wednesday, only 21 percent of those surveyed said their financial situation had improved since Joe Biden was elected president in 2020, against 50 percent who said it had gotten worse. That echoed the results of an ABC News/Washington Post poll from September, in which 44 percent of those surveyed said they were worse off financially since Biden’s election. And in a New York Times/Siena College poll released last week, 53 percent of registered voters said that Biden’s policies had hurt them personally.

As has been much commented on (including by me), this gloom is striking when contrasted with the actual performance of the U.S. economy, which grew at an annual rate of 4.9 percent in the most recent quarter, and which has seen unemployment holding below 4 percent for more than 18 months. But the downbeat mood is perhaps even more striking when contrasted with the picture offered by the Federal Reserve’s recently released Survey of Consumer

The survey provides an in-depth analysis of the financial condition of American households, conducted for the Fed by the National Opinion Research Center at the University of Chicago. Published every three years, it’s the proverbial gold standard of household research. The latest survey looked at Americans’ net worth as of mid-to-late 2022 and Americans’ income in 2021, comparing them with equivalent data from three years earlier. It found that despite the severe disruption to the economy caused by the pandemic and the recovery from it, Americans across the spectrum saw their incomes and wealth rise over the survey period.

The rise in median household net worth was the most notable improvement: It jumped by 37 percent from 2019 to 2022, rising to $192,000. (All numbers are adjusted for inflation.) Americans in every income bracket saw substantial gains, with the biggest gains registered by people in the middle and upper-middle brackets, which suggests that a slight narrowing of wealth inequality occurred during this time. In particular, Black and Latino households saw their median net worth rise faster than white households did—though the racial wealth gap is so wide that it narrowed only slightly as a result of this change.

A big driver of this increase was the rising value of people’s homes—and a higher percentage of Americans owned homes in 2022 than did in 2019. But households’ financial position improved in other ways too. The amount of money that the median household had in bank accounts and retirement accounts rose substantially. The percentage of Americans owning stocks directly (that is, not in retirement accounts) jumped by more than a third, from about 15 to 21 percent. The percentage of Americans with retirement accounts went from 50.5 to 54.3 percent, a notable improvement. And a fifth of Americans reported owning a business, the highest proportion since the survey began in its current form (in 1989).

Americans also reduced their debt loads during the pandemic. The median credit-card balance dropped by 14 percent, and the share of people with car loans fell. More significantly still, Americans’ median debt-to-asset, debt-to-income, and debt-payment-to-income ratios all fell, meaning that U.S. households had lower debt burdens, on average, in 2022 than they’d had three years earlier.

The gains in real income (in this case, measured from 2018 to 2021) were small—median household income rose 3 percent, with every income bracket seeing gains. But that was better than one might have expected, given that this period included a pandemic-induced recession and only a single year of recovery.

The picture the survey paints, then, is one of American households not only weathering the pandemic in surprisingly good shape, but ultimately also emerging from it in better financial shape than they were going in. And that, in turn, points to the effect of the U.S. policy response to the crisis: Stimulus payments, enhanced unemployment benefits, the child-care tax credit, and the moratorium on student-loan payments boosted household income and balance sheets, helping people pay down debt and increase their savings. In the process, these policies mildly narrowed inequality.

The U.S. government’s aggressive response to the pandemic, including Biden’s stimulus spending, also helped the job market recover all its pandemic-related losses—and add millions of jobs on top. The resulting tight labor market has been a huge boon to lower-wage workers. In fact, because the Fed survey’s income data end in 2021, it understates the income gains for the bottom half of the workforce, and the shrinking income inequality they’ve produced.

Hourly wages for production and nonsupervisory workers (who make up about 80 percent of the American workforce) rose 4.4 percent year-on-year in the third quarter of 2023, for instance, ahead of the pace of inflation. And this was not anomalous: Arindrajit Dube, an economist at the University of Massachusetts at Amherst, crunched the numbers and found that real wages for that same sector of workers are not just higher than they were in 2019, but are now roughly where they would have been if we’d continued on the upward pre-pandemic trend.

The reason for this is simple: Low unemployment has translated into higher wages. As a recent working paper by Dube, David Autor, and Annie McGrew shows, the tight labor markets of the past few years have given lower-wage workers more bargaining power than in the past, leading to a compression in the wage gap between higher-paid and lower-paid workers. Of course, that gap is still immense, but the three scholars found that the wage gains for lower-paid workers have rolled back about a quarter of the rise in inequality that has occurred since the 1980s.

So what should we take away from the Survey of Consumer Finances data, and from Dube, Autor, and McGrew’s work? Not that everything is fine, but that public policy and macroeconomic management matter a lot. Enhanced unemployment benefits, the child-care tax credit, the stimulus payments—these things materially improved the lives of Americans and helped set the economy up for a strong recovery. If the policy response had been less aggressive, the U.S. economy would be in worse shape now. This is something you can see by looking at Europe, where economies are growing far more slowly and unemployment is higher, while inflation is no lower.

Key to this story is the fact that lower-wage workers in particular would be worse off, because they have been among the chief beneficiaries of the low unemployment created by the robust recovery. It’s a useful reminder that stagnant wages are not an inevitable result of American capitalism: When labor markets are tight, and employers have to compete with one another for employees, workers get paid more.

So, even allowing for the high inflation we saw in 2022, no one could really look at the U.S. economy today and say that the policy choices of the past three years made us poorer. Yet that, of course, is precisely how many Americans feel.

Although that pessimism does not bode well for Biden’s reelection prospects, the real problem with it is even more far-reaching: If voters think that policies that helped them actually hurt them, that makes it much less likely that politicians will embrace similar policies in the future. The U.S. got a lot right in its macroeconomic approach over the past three years. Too bad that voters think it got so much wrong.

[batboyblog]

The Biden-⁠Harris Administration Advances Equity and Opportunity for Black Americans

Growing Economic Opportunity for Black Families and Communities Through the President’s legislative victories, including the American Rescue Plan (ARP), the Bipartisan Infrastructure Law (BIL), the CHIPS and Science Act, and the Inflation Reduction Act (IRA)—as well as the President’s historic executive orders on racial equity—the Biden-Harris Administration is ensuring that federal investments through the President’s landmark Investing in America agenda are equitably flowing to communities to address longstanding economic inequities that impact people’s economic security, health, and safety. And this vision is already delivering results. The Biden-Harris Administration has:

Powered a historic economic recovery that created 2.6 million jobs for Black workers—and achieved both the lowest Black unemployment rate on record and the lowest gap between Black and White unemployment on record.

Helped Black working families build wealth. Black wealth is up by 60% relative to pre-pandemic—the largest increase on record.

Cut in half the number of Black children living in poverty in 2021 through ARP’s Child Tax Credit expansion. This expansion provided breathing room to the families of over 9 million Black children.

Began reversing decades of infrastructure disinvestment, including with $4 billion to reconnect communities that were previously cut off from economic opportunities by building needed transportation infrastructure in underserved communities, including Black communities.

Connected an estimated 5.5 million Black households to affordable high-speed internet through the Affordable Connectivity Program, closing the digital divide for millions of Black families.

Helping Black-Owned Businesses Grow and Thrive Since the President entered office, a record 16 million new business applications have been filed, and the share of Black households owning a business has more than doubled. Building on this momentum, the Biden-Harris Administration has:

Achieved the fastest creation rate of Black-owned businesses in more than 30 years—and more than doubled the share of Black business owners from 2019 to 2022.

Improved the Small Business Administration’s (SBA) flagship loan guarantee programs to expand the availability of capital to underserved communities. Since 2020, the number and dollar value of SBA-backed loans to Black-owned businesses have more than doubled.

Launched a whole-of-government effort to expand access to federal contracts for small businesses, awarding a record $69.9 billion to small disadvantaged businesses in 2022.

Through Treasury’s State Small Business Credit Initiative, invested $10 billion to expand access to capital and invest in early-stage businesses in all 50 states—including $2.5 billion in funding and incentive allocations dedicated to support the provision of capital to underserved businesses with $1 billion of these funds to be awarded to the jurisdictions that are most successful in reaching underserved businesses.

Helped more than 37,000 farmers and ranchers who were in financial distress, including Black farmers and ranchers, stay on their farms and keep farming, thanks to resources provided through IRA. The IRA allocated $3.1 billion for the Department of Agriculture (USDA) to provide relief for distressed borrowers with at-risk agricultural operations with outstanding direct or guaranteed Farm Service Agency loans. USDA has provided over $2 billion and counting in timely assistance.

Supported small and disadvantaged businesses through CHIPS Act funding by requiring funding applicants to develop a workforce plan to create equitable pathways for economically disadvantaged individuals in their region, as well as a plan to support procurement from small, minority-owned, veteran-owned, and women-owned businesses.

Created the $27 billion Greenhouse Gas Reduction Fund that will invest in clean energy projects in low-income and disadvantaged communities.

Increasing Access to Housing and Rooting Out Discrimination in the Housing Market for Black Communities To increase access to housing and root out discrimination in the housing market, including for Black families and communities, the Biden-Harris Administration has:

Set up the first-ever national infrastructure to stop evictions, scaling up the ARP-funded Emergency Rental Assistance program in over 400 communities across the country, helping 8 million renters and their families stay in their homes. Over 40% of all renters helped are Black—and this support prevented millions of evictions, with the largest effects seen in majority-Black neighborhoods.

Published a proposed “Affirmatively Furthering Fair Housing” rule through the Department of Housing and Urban Development (HUD), which will help overcome patterns of segregation and hold states, localities, and public housing agencies that receive federal funds accountable for ensuring that underserved communities have equitable access to affordable housing opportunities.

Created the Interagency Task Force on Property Appraisal and Valuation Equity, or PAVE, a first-of-its-kind interagency effort to root out bias in the home appraisal process, which is taking sweeping action to advance equity and remove racial and ethnic bias in home valuations, including cracking down on algorithmic bias and empowering consumers to take action against misvaluation.

Taken additional steps through HUD to support wealth-generation activities for prospective and current homeowners by expanding access to credit by incorporating a borrower’s positive rental payment history into the mortgage underwriting process. HUD estimates this policy change will enable an additional 5,000 borrowers per year to qualify for an FHA-insured loan.

Ensuring Equitable Educational Opportunity for Black Students To expand educational opportunity for the Black community in early childhood and beyond, the Biden-Harris Administration has:

Approved more than $136 billion in student loan debt cancellation for 3.7 million Americans through various actions and launched a new student loan repayment plan—the Saving on a Valuable Education (SAVE) plan—to help many students and families cut in half their total lifetime payments per dollar borrowed.

Championed the largest increase to Pell Grants in the last decade—a combined increase of $900 to the maximum award over the past two years, affecting the over 60% of Black undergraduates who rely on Pell grants.

Fixed the Public Service Loan Forgiveness (PSLF) program, so all qualified borrowers get the debt relief to which they are entitled. More than 790,000 public servants have received more than $56 billion in loan forgiveness since October 2021. Prior to these fixes, only 7,000 people had ever received forgiveness through PSLF.

Delivered a historic investment of over $7 billion to support HBCUs.

Reestablished the White House Initiative on Advancing Educational Equity, Excellence, and Economic Opportunity for Historically Black Colleges and Universities and the White House Initiative on Advancing Educational Equity, Excellence, and Economic Opportunity for Black Americans.

Through ARP, secured $130 billion—the largest investment in public education in history—to help students get back to school, recover academically in the wake of the COVID-19 pandemic, and address student mental health.

Secured a 30% increase in child care assistance funding last year. Black families comprise 38% of families benefiting from federal child care assistance. Additionally, the President secured an additional $1 billion for Head Start, a program where more than 28% of children and pregnant women who benefit identify as Black.

Improving Health Outcomes for Black Families and Communities To improve health outcomes for the Black community, the Biden-Harris Administration has:

Increased Black enrollment in health care coverage through the Affordable Care Act by 49%—or by around 400,000—from 2020 to 2022, helping more Black families gain health insurance than ever before.

Through IRA, locked in lower monthly premiums for health insurance, capped the cost of insulin at $35 per covered insulin product for Medicare beneficiaries, and helped further close the gap in access to medication by improving prescription drug coverage and lowering drug costs in Medicare. 

Through ARP, expanded postpartum coverage from 60 days to 12 months in 43 states and Washington, D.C., covering 700,000 more women in the year after childbirth. Medicaid covers approximately 65% of births for Black mothers, and this investment is a critical step to address maternal health disparities.

Financed projects that will replace hundreds of thousands of lead pipes, helping protect against lead poisoning that disproportionately affects Black communities.

Provided 264 grants with $1 billion in Bipartisan Safer Communities Act funds to more than 40 states to increase the supply of school-based mental health professionals in communities with high rates of poverty.

Launched An Unprecedented Whole-Of-Government Equity Agenda to Ensure the Promise of America for All Communities, including Black Communities President Biden believes that advancing equity, civil rights, racial justice, and equal opportunity is the responsibility of the whole of our government, which will require sustained leadership and partnership with all communities. To make the promise of America real for every American, including for the Black Community, the President has:

Signed two Executive Orders directing the Federal Government to advance an ambitious whole-of-government equity agenda that matches the scale of the challenges we face as a country and the opportunities we have to build a more perfect union.

Nominated the first Black woman to serve on the Supreme Court and more Black women to federal circuit courts than every President combined.

Countered hateful attempts to rewrite history including: the signing of the Emmett Till Antilynching Act; establishing Juneteenth as a national holiday; and designating the Emmett Till and Mamie Till-Mobley National Monument in Mississippi and Illinois. The Department of the Interior has invested more than $295 million in infrastructure funding and historic preservation grants to protect and restore places significant to Black history.

Created the Justice40 Initiative, which is delivering 40% of the overall benefits of certain Federal investments in clean energy, affordable and sustainable housing, clean water, and other programs to disadvantaged communities that are marginalized by underinvestment and overburdened by pollution as part of the most ambitious climate, conservation, and environmental justice agenda in history.

Protecting the Sacred Right to Vote for Black Families and Communities Since their first days in office, President Biden and Vice President Harris have prioritized strengthening our democracy and protecting the sacred right to vote in free, fair, and secure elections. To do so, the President has:

Signed an Executive Order to leverage the resources of the Federal Government to provide nonpartisan information about the election process and increase access to voter registration. Agencies across the Federal Government are taking action to respond to the President’s call for an all-of-government effort to enhance the ability of all eligible Americans to participate in our democracy.

Repeatedly and forcefully called on Congress to pass essential legislation, including the John R. Lewis Voting Rights Advancement Act and the Freedom to Vote Act, including calling for an exception to the filibuster to pass voting rights legislation.

Increased funding for the Department of Justice’s Civil Rights Division, which has more than doubled the number of voting rights enforcement attorneys. The Justice Department also created the Election Threats Task Force to assess allegations and reports of threats against election workers, and investigate and prosecute these matters where appropriate.

Signed into law the bipartisan Electoral Reform Count Act, which establishes clear guidelines for our system of certifying and counting electoral votes for President and Vice President, to preserve the will of the people and to protect against the type of attempts to overturn our elections that led to the January 6 insurrection.

Addressing the Crisis of Gun Violence in Black Communities Gun violence has become the leading cause of death for all youth and Black men in America, as well as the second leading cause of death for Black women. To address this national crisis, the President has:

Launched the first-ever White House Office of Gun Violence Prevention, and taken more executive action on gun violence than any President in history, including investments in violence reduction strategies that address the root causes of gun violence and address emerging threats like ghost guns. In 2022, the Administration’s investments in evidence-based, lifesaving programs combined with aggressive action to stop the flow of illegal guns and hold shooters accountable yielded a 12.4% reduction in homicides across the United States.

Signed into the law the Bipartisan Safer Communities Act, the most significant gun violence reduction legislation enacted in nearly 30 years, including investments in violence reduction strategies and historic policy changes to enhance background checks for individuals under age 21, narrow the dating partner loophole in the gun background check system, and provide law enforcement with tools to crack down on gun trafficking.

Secured the first-ever dedicated federal funding stream for community violence intervention programs, which have been shown to reduce violence by as much as 60%. These programs are effective because they leverage trusted messengers who work directly with individuals most likely to commit gun violence, intervene in conflicts, and connect people to social, health and wellness, and economic services to reduce the likelihood of violence as an answer to conflict.

Enhancing Public Trust and Strengthening Public Safety for Black Communities Our criminal justice system must protect the public and ensure fair and impartial justice for all. These are mutually reinforcing goals. To enhance equal justice and public safety for all communities, including the Black community, the President has:

Signed a historic Executive Order to put federal policing on the path to becoming the gold standard of effectiveness and accountability by requiring federal law enforcement agencies to ban chokeholds; restrict no-knock warrants; mandate the use of body-worn cameras; implement stronger use-of-force policies; provide de-escalation training; submit use-of-force data; submit officer misconduct records into a new national accountability database; and restrict the sale or transfer of military equipment to local law enforcement agencies, among other things. 

Taken steps to right the wrongs stemming from our Nation’s failed approach to marijuana by directing the Departments of Health and Human Services and Justice to expeditiously review how marijuana is scheduled under federal law and in October 2022 issued categorical pardons of prior federal and D.C. offenses of simple possession of marijuana and in December 2023 pardoned additional offenses of simple possession and use of marijuana under federal and D.C. law. While white, Black, and brown people use marijuana at similar rates, Black and brown people have been arrested, prosecuted, and convicted at disproportionately higher rates.

Announced over 100 concrete policy actions as part of a White House evidence-informed, multi-year Alternatives, Rehabilitation, and Reentry Strategic Plan to safely reduce unnecessary criminal justice system interactions so police officers can focus on fighting crime; supporting rehabilitation during incarceration; and facilitating successful reentry.

FACT SHEET

[mostlysignssomeportents]

Intuit: “Our fraud fights racism”

Tonight (September 27), I'll be at Chevalier's Books in Los Angeles with Brian Merchant for a joint launch for my new book The Internet Con and his new book, Blood in the Machine. On October 2, I'll be in Boise to host an event with VE Schwab.

Today's key concept is "predatory inclusion": "a process wherein lenders and financial actors offer needed services to Black households but on exploitative terms that limit or eliminate their long-term benefits":

https://journals.sagepub.com/doi/10.1177/2329496516686620

Perhaps you recall predatory inclusion from the Great Financial Crisis, when predatory subprime mortgages with deceptive teaser rates were foisted on Black homeowners (who were eligible for better mortgages), resulting in a wave of Black home theft in the foreclosure crisis:

https://prospect.org/justice/staggering-loss-black-wealth-due-subprime-scandal-continues-unabated/

Before these loans blew up, they were styled as a means of creating Black intergenerational wealth through housing speculation. They turned out to be a way to suck up Black families' savings before rendering them homeless and forcing them into houses owned by the Wall Street slumlords who bought all the housing stock the Great Financial Crisis put on the market:

https://pluralistic.net/2022/02/08/wall-street-landlords/#the-new-slumlords

That was just an update on an old con: the "home sale contract," invented by loan-sharks who capitalized on redlining to rip off Black families. Back when banks and the US government colluded to deny mortgages to Black households, sleazy lenders created the "contract loan," which worked like a mortgage, but if you were late on a single payment, the lender could seize and sell your home and not pay you a dime – even if the house was 99% paid for:

https://socialequity.duke.edu/wp-content/uploads/2019/10/Plunder-of-Black-Wealth-in-Chicago.pdf

Usurers and con-artists love to style themselves as anti-racists, seeking to "close the racial wealth gap." The payday lending industry – whose triple-digit interest rates trap poor people in revolving debt that they can never pay off – styles itself as a force for racial justice:

https://pluralistic.net/2022/01/29/planned-obsolescence/#academic-fraud

Payday lenders prey on poor people, and in America, "poor" is often a euphemism for "Black." Payday lenders disproportionately harm Black families:

https://ung.edu/student-money-management-center/money-minute/racial-wealth-gap-payday-loans.php

Payday lenders are just unlicensed banks, who deploy a layer of bullshit to claim that they don't have to play by the rules that bind the rest of the finance sector. This scam is so juicy that it spawned the fintech industry, in which a bunch of unregulated banks sprung up to claim that they were too "innovative" to be regulated:

https://pluralistic.net/2023/05/01/usury/#tech-exceptionalism

When you hear "Fintech," think "unlicensed bank." Fintech turned predatory inclusion into a booming business, recruiting Black spokespeople to claim that being the sucker at the table in the cryptocurrency casino was actually a form of racial justice:

https://www.nytimes.com/2021/07/07/business/media/cryptocurrency-seeks-the-spotlight-with-spike-lees-help.html

But not all predatory inclusion is financial. Take Facebook Basics, Meta's "poor internet for poor people" program. Facebook partnered with telcos in the Global South to rig their internet access. These "zero rating" programs charged subscribers by the byte to reach any service except Facebook and its partners. Facebook claimed that this would "bridge the digital divide," by corralling "the next billion internet users" into using its services.

The fact that this would make "Facebook" synonymous with "the internet" was just an accidental, regrettable side-effect. Naturally, this was bullshit from top to bottom, and the countries where zero-rating was permitted ended up having more expensive wireless broadband than the countries that banned it:

https://www.eff.org/deeplinks/2019/02/countries-zero-rating-have-more-expensive-wireless-broadband-countries-without-it

The predatory inclusion gambit is insultingly transparent, but that doesn't stop desperate scammers from trying it. The latest chancer is Intuit, who claim that the end of its decade-long, wildly profitable "free tax prep" scam is bad for Black people:

https://www.propublica.org/article/turbotax-intuit-black-taxpayers-irs-free-file-marketing

Some background. In nearly every rich country on Earth, the tax authorities send every taxpayer a pre-filled tax return, based on the information submitted by employers, banks, financial planners, etc. If that looks good to you, you just sign it and send it back. Otherwise, you can amend it, or just toss it in the trash and pay a tax-prep specialist to produce your own return.

But in America, taxpayers spend billions every year to send forms to the IRS that tell it things it already knows. To make this ripoff seem fair, the hyper-concentrated tax-prep industry, led by the Intuit, creators of Turbotax, pretended to create a program to provide free tax-prep to working people.

This program was called Free File, and it was a scam. The tax-prep cartel each took a different segment of Americans who were eligible for Freefile and then created an online house of mirrors that would trick those people into spending hours working on their tax-returns until they were hit with an error message falsely claiming they were ineligible for the free service and demanding hundreds of dollars to file their returns.

Intuit were world champions at this scam. They blocked their Freefile offering from search-engine crawlers and then bought ads that showed up when searchers typed "freefile" into the query box that led them to deceptively named programs that had "free" in their names but cost a fortune to use – more than you'd pay for a local CPA to file on your behalf.

The Attorneys General of nearly every US state and territory eventually sued Intuit over this, settling for $141m:

https://www.agturbotaxsettlement.com/Home/portalid/0

The FTC is still suing them over it:

https://www.ftc.gov/legal-library/browse/cases-proceedings/192-3119-intuit-inc-matter-turbotax

We have to rely on state AGs and the FTC to bring Intuit to justice because every Intuit user clicks through an agreement in which we permanently surrender our right to sue the company, no matter how many laws it breaks. For corporate criminals, binding arbitration waivers are the gift that keeps on giving:

https://pluralistic.net/2022/02/24/uber-for-arbitration/#nibbled-to-death-by-ducks

Even as the scam was running out, Intuit spent millions lobby-blitzing Congress, desperate for action that would let it continue to privately tax the nation for filling in forms that – once again – told the IRS things it already knew. They really love the idea of paying taxes on paying your taxes:

https://pluralistic.net/2023/02/20/turbotaxed/#counter-intuit

But they failed. The IRS has taken Freefile in-house, will send you a pre-completed tax return if you want it. This should be the end of the line for Intuit and other tax-prep profiteers:

https://pluralistic.net/2023/05/17/free-as-in-freefile/#tell-me-something-i-dont-know

Now we're at the end of the line for the scam, Intuit is playing the predatory inclusion card. They're conning Black newspapers like the Chicago Defender into running headlines like "IRS Free Tax Service Could Further Harm Blacks,"

https://defendernetwork.com/news/opinion/irs-free-tax-service-could-further-harm-blacks/

The only named source in that article? Intuit spokesperson Derrick Plummer. The article went out on the country's Black newswire Trice Edney, whose editor-in-chief did not respond to Propublica's Paul Kiel's questions.

Then Black Enterprise got in on the game, publishing "Critics Claim The IRS Free Tax Prep Service Could Hurt Black Americans." Once again, the only named source for the article was Plummer, who was "quoted at length." Black Enterprise declined to tell Kiel where that article came from:

https://www.blackenterprise.com/critics-claim-the-irs-free-tax-prep-service-could-hurt-black-americans/

For Intuit, placing op-eds is a tried-and-true tactic for laundering its ripoffs into respectability. Leaked internal Intuit memos detail the company's strategy of "pushing back through op-eds" to neutralize critics:

https://www.documentcloud.org/documents/6483061-Intuit-TurboTax-2014-15-Encroachment-Strategy.html

Intuit spox Derrick Plummer did respond to Kiel's queries, denying that Intuit was paying for these op-eds, saying "with an idea as bad as the Direct File scheme we don’t have to pay anyone to talk about how terrible it is."

Meanwhile, ex-NAACP director (and No Labels co-chair) Benjamin Chavis has used his position atop the National Newspaper Publishers Association to publish op-eds against the IRS Direct File program, citing the Progressive Policy Institute, a pro-business thinktank that Intuit's internal documents describe as part of its "coalition":

https://www.documentcloud.org/documents/6483061-Intuit-TurboTax-2014-15-Encroachment-Strategy.html

Chavis's Chicago Tribune editorial claimed that Direct File could cause Black filers to miss out on tax-credits they are entitled to. This is a particularly ironic claim given Intuit's prominent role in sabotaging the Child Tax Credit, a program that lifted more Americans out of poverty than any other in history:

https://pluralistic.net/2021/06/29/three-times-is-enemy-action/#ctc

It's also an argument that can be found in Intuit's own anti-Direct File blog posts:

https://www.intuit.com/blog/innovative-thinking/taxpayer-empowerment/intuit-reinforces-its-commitment-to-fighting-for-taxpayers-rights/

The claim is that because the IRS disproportionately audits Black filers (this is true), they will screw them over in other ways. But Evelyn Smith, co-author of the study that documented the bias in auditing says this is bullshit:

https://siepr.stanford.edu/publications/working-paper/measuring-and-mitigating-racial-disparities-tax-audits

That's because these audits of Black households are triggered by the IRS's focus on Earned Income Tax Credits, a needlessly complicated program available to low-income (and hence disproportionately Black) workers. The paperwork burden that the IRS heaps on EITC recipients means that their returns contain errors that trigger audits.

As Smith told Propublica, "With free, assisted filing, we might expect EITC claimants to make fewer mistakes and face less intense audit scrutiny, which could help reduce disparities in audit rates between Black and non-Black taxpayers."

Meanwhile, the predatory inclusion talking points continue to proliferate. Nevada accountants and the state's former controller somehow coincidentally managed to publish op-eds with nearly identical wording. Phillip Austin, vice-chair of Arizon's East Valley Hispanic Chamber of Commerce, claims that free IRS tax prep "would disproportionately hurt the Hispanic community." Austin declined to tell Propublica how he came to that conclusion.

Right-wing think-tanks are pumping out a torrent of anti-Direct File disinfo. This surely has nothing to do with the fact that, for example, Center Forward has HR Block's chief lobbyist on its board:

https://thehill.com/opinion/finance/4125481-direct-e-file-wont-make-filing-taxes-any-easier-but-it-could-make-things-worse/

The whole thing reeks of bullshit and desperation. That doesn't mean that it won't succeed in killing Direct File. If there's one thing America loves, it's letting businesses charge us a tax just for dealing with our own government, from paying our taxes to camping in our national parks:

https://pluralistic.net/2022/11/30/military-industrial-park-service/#booz-allen

Interestingly, there's a MAGA version of predatory inclusion, in which corporations convince low-information right-wingers that efforts to protect them from ripoffs are "woke." These campaigns are, incredibly, even stupider than the predatory inclusion tale.

For example, there's a well-coordianted campaign to block the junk fees that the credit card cartel extracts from merchants, who then pass those charges onto us. This campaign claims that killing junk fees is woke:

https://pluralistic.net/2023/08/04/owning-the-libs/#swiper-no-swiping

How does that work? Here's the logic: Target sells Pride merch. That makes them woke. Target processes a lot of credit-card transactions, so anything that reduces card-processing fees will help Target. Therefore, paying junk fees is a way to own the libs.

No, seriously.

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/2023/09/27/predatory-inclusion/#equal-opportunity-scammers