#we buy private funding

[paintediamond]

btw about the protests currently happening, talking about "retirement age" is a very flawed way to talk about it, as well as simply framing it as "making retirement age 64 instead of 62" with this reform we would have to work 43 years (41 years before) full time to be able to retire with full benefits, meaning that to actually retire at 64 and not be poor you should start working at 21 and never stop working ever, never do part time work, ever. if you don't get those 43 years you can retire at 67 (with a pretty shitty pension usually)

most people also won't work those 43 years at 64 (my mom is 53 and before this reform, her supposed retirement age for full pension was already 67, it's the same for most ppl i know), and if you decide to retire at 64 anyway you will lose a percentage of your benefits, which can already be pretty low, since the government is actually proud to tell us the minimum retirement amount for someone that worked their whole life would be ~1000 euros (after taxes) people with more manual work don't really get to retire earlier either, and are somehow supposed to break their back until they're 64, and often die before that since the jobs are so shitty

it also impacts women more, as they work more part time jobs

not mentioning that only 56% over 55 of ppl are currently working here because they keep getting fired just before retirement age, so how are you supposed to work longer if you get fired anyway

[inkskinned]

i got rickrolled today but it didn't work because i have adblocker installed, so youtube just told me i violated the terms of service. yesterday i was trying to edit a picture as a joke for my girlfriend, and google made me check a box to prove i'm human because i wasn't "searching normally".

it isn't just that capitalism is killing fun and whimsy, it is that any element of entertainment or joy is being fed upon by this mosquito body, one that will suck you dry at any vulnerability.

do you want to meet new friends in your city? download this app, visit our website, sign up for our email list. pay for this class on making a terrarium, on candlemaking, on cooking. it will be 90 dollars a session. you can go to group fitness, but only under our specific gym membership. solve the puzzle, sign up for our puzzle-of-the-month-club. what is a club if not just a paid opportunity - you are all paying for the same thing, which makes you a community.

but you're like me, i know it - you're careful, you try the library meetings and the stuff at the local school and all of that. the problem is that you kind of want really specific opportunities that used to exist. you are so grateful for libraries and the publicly-funded things: they are, however, an exception - and everything they have, they've fought tooth-and-nail to protect. you read a headline about how in many other states, libraries have virtually nothing left.

do you want to meet up with your friends afterwards? gift your friends the discord app. you can choose to go to a cafe (buy a coffee, at least), a bar (money, alcohol) or you can all stay in and catch a movie (streaming) or you can all stay in bed (rent. don't get me started) and scream (noise complaint. ticket at least).

you want to read a new book, but the book has to have 124 buzzwords from tiktok readers that are, like, weirdly horny. you can purchase this audiobook on audible! your podcast isn't on spotify, it's on its own server, pay for a different site. fuck, at least you're supporting artists you like. the art museum just raised their ticket price. once, they had a temporary exhibit that acknowledged that ~85% of their permanent art galleries were from cis white men, and that they had thousands of works by women (even famous women, like frida! georgia o'keefe!) just rotting in their basement. that exhibit lasted for 3 months and then they put everything away again.

walmart proudly supports this strip of land by the street! here are some flowers with wilting leaves. its employees have to pay out-of-pocket for their uniforms. my friend once got fined by the city because she organized a community pick-up of the riverfront, which was technically private property.

no, you cannot afford to take that dance class, neither can i. by the way - i'm a teacher. i'm absolutely not saying "educators shouldn't be paid fairly." i'm saying that when i taught classes, renting a studio went from 20 bucks an hour to 180 in the span of 6 months. no significant changes to the studio were made, except they now list the place as updated and friendly. the heat still doesn't work in the building. i have literally never seen the landlord who ignores my emails. recently they've been renting it out at night as an "unusual nightclub; a once-in-a-lifetime close-knit party." they spent some of those 180 dollars on LEDs and called it renovating. the high heels they invite in have been ruining the marley.

do you want to experience the old internet? do you want to play flash games or get back the temporary joy of club penguin? you can, you just need to pay for it. i have a weird, neurodivergent obsession with occasionally checking in to watch the downfall and NFT-ification of neopets. if i'm honest with you all - i never got into webkins, my family didn't have the money to buy me a pointless elephant. people forget that "being poor" can mean literally "if i buy you that toy, i can't afford rent."

you and i don't have time to make good food, and we don't have the budget for it. we are not gonna be able to host dinner parties, we're not made of money, kid. do you want some kind of 3rd space? a space that isn't home or work or school? you could try being online, but - what places actually exist for you? tiktok counts as social media because you see other people on it, not because they actually talk to you.

there was a local winter tradition of sledding down the hill at my school. kids would use pizza boxes and jackets and whatever worked, howling and laughing. back in september, they made a big announcement that this time, rules were changing, and everyone must pay 10 dollars to participate. when im not scared shitless, i kind of appreciate the environmental irony - it hasn't gone below 40. so much for snow & joyriding.

i saw a bulletin for a local dogwalking group and, nervous about making a good first impression, showed up early. the first guy there grimaced at me. "sorry," he said. "there's a 30-dollar buy-in fee." i thought he was joking. wait. for what? the group doesn't offer anything except friendship and people with whom to walk around the city.

he didn't know the answer. just shrugged at me. "you know," he said. "these days, everything costs money."

[bunjywunjy]

Hello Dear Friend.

I was in your country in 2019.I have gone through your profile and decided to go straight to the point on why i wholeheartedly contacting you.

My name is Mrs. Marion Gadsby from Thailand,Australian,79years,I have been diagnosed with Esophageal cancer .It has defiled all forms of medical treatment, and right now I have only about a month to live, according to medical experts. I have not particularly lived my life so well, as I never really cared for anyone (not even myself) but my business was my priority.

Though I am a very rich lady, I was never generous, I was always hostile to people and only focused on my business as that was the only thing I cared for. But now I regret all this as I now know that there is more to life than just wanting to have or make all the money in the world.

I Am very sick now and depends on machines to survive which I know one day one minute I will be no more , but before departing I have a fortune I will like to confined your position so that you can use it and do the humanitarian work which I failed to do when I had the grace and the time. I have willed and given to my immediate and extended family members ,but these last funds I would want to be useful to the poor and the needy. I don't trust any of my family members again because I don't think that they will deliver the fortune to the poor and needy. This is the main reason why I contacted you because I believe you will make it happen as I will instruct you in the future when the fortune is in your hands.

I want God to be merciful to me and accept my soul, so I have decided to give alms to charity organizations, as I want this to be one of the last good deeds I do on earth.

I cannot do this myself anymore. I once asked members of my family to close one of my accounts and distribute the money which I have there to charity organizations in Bulgaria and Pakistan, but they refused and kept the money to themselves and used it to buy flashy cars and big houses in the city. Hence, I do not trust them anymore, as they seem not to be content with what I have left for them. The last of my money which no one knows of is the sum of $3,000,000.00( Three Million dollars) my late husband was wealthy as an oil mogul, politician and other businesses, but he died in his private jet crash .WE CAN'T QUESTION GOD.

I will let you have 20% of his funds for your effort and time and the 80% should go to the poor and needy around you, especially those that are in war zones. Treat this message confidentially till it's done. I am waiting for your reply.

Contact me direct for more information. asikareginad@gmail.com

Mrs Marion Gasby. asikareginad@gmail.com

MRS MARION GADSBY FROM THAILAND AUSTRALIAN

[certified-bi]

Okay all my thoughts because some people have been saying that not supporting this change is not supporting artist and creators and as an artist fuck that.

1. Audiences owe you nothing. You have to convince them to engage with your creation not the other way around. This is something both the nonprofit theatre I work with recognizes and huge companies realize. It's just part of life. There are so many talented people in the world making amazing art, videos, music, writings, and on and on, and there's only so much time in the day. I'm not saying you shouldn't know your worth, just that being flippant about how little you care about those who can't pay isn't a good move. On that note...

2. PR is everything. If you haven't made a visible effort to push patreon, channel memberships or other avenues of making money, don't be suprised that your creation that was previously accessible to those without extra cash and to those who can't support foreign subscriptions due either to conversions or because it simply doesn't work, being made private isn't popular. There's a big leap from "We want to have more artistic control" to "We can't afford to make our content accessible to most of our audience," and people are smart enough to see this. You either have to make budget cuts or give into sponsors. This isn't unique to Watcher, it's part of literally every production from broadway, to Hollywood, to YouTube. Unless you can fund it yourself or get viewers to pay(which given how many are already strapped for cash...) that's life.

Not to mention they simply do not have enough followers to make the switch to a paid only site(dropping the first epsiode only on YouTube isn't going to draw people in, they're just going to say "oh why start if I'm not going to see the rest" and not watch) especially not one that is buggy and a security risk. Even if the switch had been supported its not going to end well. The only reason services like nebula and dropout work is because of the large amount of series and creators and the fact those creators still are partly on YouTube so new people are drawn in.

3. As for the price, 6 dollars a month is a not a good starting price for only their content and that's as someone who pays for nebula. I'd be paying the same amount for a fraction of the access to others work. Actually it'd be twice as much. And before someone says "it's only a coffee-" that's for you. Not everyone has your lifestyle. And with every other patreon and subscription service that says the same thing, it all adds up and I simply don't think 60 dollars for 48 videos a year on a subscription basis where you don't get to keep the videos if your situation changes, some of which don't appeal to every viewer is a good move. If you were able to buy physical copies of your favorite series they've made that'd be different, but that's not what this is.

4. I do believe that the employees deserve a livable wage. I also did not hire them. It is not on the viewers that they hired more people than they could afford to. They can charge that much if they want to to try and balance this out. They also shouldn't be suprised if not many can or will sign up. They also don't have to be based in L.A. L.A has ridiculous costs associated with it, and quite honestly it doesn't really add much to the content. I'm not saying they need to move to the middle of nowhere Kansas. Simply that living and basing your studio in a super expensive city and then being suprised money is tight is just weird.

5. Something that occurs to me is that they might get more views if their playlists were better set up. Only some series are given playlists. It'd be easier to find all of the series and binge them if they didn't just show off their more popular shows. Honestly the only draw the streaming site has to me is that the series are actually labeled well.

Do I think the weird ass energy towards Steven is necessary? No. He's not the only one at the company and they're all adults. I actually liked grocery run and homemade, and like to see them back. The parascoial attachment to Ryan and Shane is annoying in people's criticisms, but that doesn't make them completely wrong. If you're going to brand yourself as the anti capalist underdogs you can't get away with being dismissive of your poorer fans. The dissonance is what is causing this backlash and makes you look like hypocrites. I definitely think Steven is turning into the fall guy which is fucked up, his statement and the fact dish granted is one of those shows that make people uncomfortable about wealth flexs doesn't help matters.

[headspace-hotel]

Going through the bills proposed in the kentucky 2024 legislative session and some of the things being proposed are

make a PFAS Working Group

require homeless shelters to provide free menstrual products (it's actually disturbing that they didn't already)

require schools to provide free menstrual products

create harm reduction centers and lower penalties for possessing controlled substances

require insurance to pay for cancer screenings (okay. low bar but okay)

abolish the death penalty (actually has a couple republican sponsors)

decriminalize cannabis

make fluoridation of water in districts optional (?????)

make coal the "state rock" of Kentucky

Prohibit children from being interrogated in a "deceptive manner" (?)

Make weight discrimination illegal

pay schools to food grown at kentucky farms to provide for school meals at low income schools (hey that's rad)

Lower the age of carrying a concealed deadly weapon from 21 to 18 (?????????????)

Require companies to give their employees earned paid sick leave

Impose restrictions on the collection of biometric data by private entities

Allow poultry to be sold at farmers' markets and at farms

pay for cancer screenings for firefighters

let pregnant incarcerated people have midwives or doula services

require that public high school curriculum include instruction on the history of racism

Remove Robert E. Lee Day, Confederate Memorial Day, and Jefferson Davis Day from the list of public holidays (WE HAVE THOSE?!!?!?!)

Retroactively expunge some cannabis convictions

"Prohibit public school districts from expanding any resources or funds on diversity, equity, inclusion, and belonging or political or social activism; prohibit public school districts from engaging in diversity, equity, inclusion, and belonging" (HUH?????)

require schools to give kids a lunch period of at least 30 minutes (the bar is in hell)

provide scholarships for teachers to help the teacher shortage and give teachers compensation for planning time

require schools to have defibrillators

make it so a homeless person doesn't have to pay to get a copy of their birth certificate

require a working smoke detector to be present in any house sold (...did we not already have this?)

create the Kentucky Urban Farming Youth Initiative

Require local governments to lower minimum square footage requirements for housing, and facilitate multifamily housing, manufactured housing, and "tiny homes," and require that zoning laws have a "substantial connection to protection of public safety, health, and usage of property" (This could be a good thing??)

require hiring and licensing authorities to allow people convicted of a crime an opportunity to get a job

Propose a new section of the Kentucky Constitution that guarantees the right of an individual to buy, sell, or use a certain amount of cannabis and to grow a small amount of cannabis plants, and put this on the ballot (LET'S FUCKING GOOOOOO LET THE PEOPLE DECIDE please this would be so funny)

Now let's watch how many of the good and basic common sense laws get left to die by Republicans because Republicans are ghouls

this is why it's important to vote in local elections, this is the kind of stuff that's being decided upon

[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

[myfandomrealitea]

With my recent Harry Potter posts gaining traction, I just want to make an important note:

You are not a bad person for having enjoyed Harry Potter. You are not a bad person for finding it hard to let go of something so ingrained into your life. You are not a bad person for enjoying the overall story of Harry Potter despite the bigotry JK Rowling managed to smatter into it.

Nobody should be telling you that you are. Your past relationship with Harry Potter is not the issue.

The issue is what you and we all do moving forward with the new information and facts that we know.

And the facts are that JK Rowling is a rampant and proud bigot who is hellbent on using the fortune Harry Potter made her to actively pursue the entire trans community with hostile intent.

And she does not care. She is happy that she is doing it. She is happy that people oppose her because it gives her an excuse to play victim and paint trans people who oppose her as violent, aggressive and evil.

This is not about how you engaged with Harry Potter in the past. Or even how you engage with it privately. This is about whether or not you choose to contribute toward her mission and towards the persecution of trans people right now.

Because when you buy that licensed merch in the store, she gets part of the profit. When you go to Harry Potter World, she gets part of the profit. When you buy the Harry Potter game, she gets part of the profit.

And all of those things result in three consequences:

It shows the marketing departments that Harry Potter is still a cashcow.

It shows JK Rowling that she can say and do whatever the hell she wants and nothing is going to stop that money rolling in.

She is given a steady cashflow which she uses to bankroll anti-trans movements and spokespeople and government petitions.

That is the reality of your choice from here on out. That is why people are asking you to set aside what you once had with Harry Potter and to stand with the people she has made it her life's mission to destroy.

You don't even have to let go of it completely. Just let go of the interactions that directly fund JK Rowling. Just cut off the cashflow she's using to ruin the lives of people she's never even met.

Buy fanmade merchandise or learn how to make your own. If you're cosplaying? Buy unofficial cosplays or buy second-hand off resale websites. Same with other merchandise.

If you want to watch Harry Potter, there are hundreds of non-licensed steaming websites showing it which do not contribute royalty income to JK Rowling.

If you're writing Harry Potter fanfiction, use a site like AO3 which will defend you tooth and claw if she gets desperate and starts coming after fan creators.

Harry Potter might be the comforting memories of your childhood, but JK Rowling is an active threat to the literal livelihood of trans people. People who could lose legal rights and protections simply because of one vicious woman with a bigoted agenda and deep pockets.

All we're asking is that you compare your reasons for enjoying Harry Potter with the facts of why you should make a few simple, easy choices to avoid bankrolling her and determine which is more important.

Or rather, which one should be more important.

And make the right choice.

[robertreich]

How Wall Street Priced You Out of a Home

Rent is skyrocketing and home buying is out of reach for millions. One big reason why? Wall Street.

Hedge funds and private equity firms have been buying up hundreds of thousands of homes that would otherwise be purchased by people. Wall Street’s appetite for housing ramped up after the 2008 financial crisis. As you’ll recall, the Street’s excessive greed created a housing bubble that burst. Millions of people lost their homes to foreclosure.

Did the Street learn a lesson? Of course not. It got bailed out. Then it began picking off the scraps of the housing market it had just destroyed, gobbling up foreclosed homes at fire-sale prices — which it then sold or rented for big profits.

Investor purchases hit their peak in 2022, accounting for around 28% of all home sales in America.

Home buyers frequently reported being outbid by cash offers made by investors. So called “iBuyers” used algorithms to instantly buy homes before offers could even be made by actual humans.

If the present trend continues, by 2030, Wall Street investors may control 40% of U.S. single-family rental homes.

Partly as a result, homeownership — a cornerstone of generational wealth and a big part of the American dream — is increasingly out of reach for a large number of Americans, especially young people.

Now, Wall Street’s feasting has slowed recently due to rising home prices — even the wolves of Wall Street are falling victim to sticker shock. But that hasn’t stopped them from specifically targeting more modestly priced homes — buying up a record share of the country’s most affordable homes at the end of 2023.

They’ve also been most active in bigger cities, particularly in the Sun Belt, which has become an increasingly expensive place to live. And they’re pointedly going after neighborhoods that are home to communities of color.

For example, in one diverse neighborhood in Charlotte, North Carolina, Wall Street-backed investors bought half of the homes that sold in 2021 and 2022. On a single block, investors bought every house but one, and turned them into rentals.

Folks, it’s a vicious cycle: First you’re outbid by investors, then you may be stuck renting from them at excessive prices that leave you with even less money to put up for a new home. Rinse. Repeat.

Now I want to be clear: This is just one part of the problem with housing in America. The lack of supply is considered the biggest reason why home prices and rents have soared — and are outpacing recent wage gains. But Wall Street sinking its teeth into whatever is left on the market is making the supply problem even worse.

So what can we do about this? Start by getting Wall Street out of our homes.

Democrats have introduced a bill in both houses of Congress to ban hedge funds and private equity firms from buying or owning single-family homes.

If signed into law, this could increase the supply of homes available to individual buyers — thereby making housing more affordable.

President Biden has also made it a priority to tackle the housing crisis, proposing billions in funding to increase the supply of homes and tax credits to help actual people buy them.

Now I have no delusions that any of this will be easy to get done. But these plans provide a roadmap of where the country could head — under the right leadership.

So many Americans I meet these days are cynical about the country. I understand their cynicism. But cynicism can be a self-fulfilling prophecy if it means giving up the fight.

The captains of American industry and Wall Street would like nothing better than for the rest of us to give up that fight, so they can take it all.

I say we keep fighting.

[sully-s]

Batman Quest To Get A Birkin Bag

Ok so I have a very indulgent, SuperBats head fanfic that keeps me company on days that I forget to charge my earphones while walking my dog and to bore my wonderfully accommodating friends over dinner.

Long story short it’s a character study about Clark after his death. Doomsday kills him becuase we do not subscribe to Synder movies in this household.

Mostly its about Bruce grieving and reflecting on his ten+ year marriage with the man of steel with a large helping of the Justice League members bonding and finally getting to know Bruce and in turn Clark. (Kal never really got to say specifics about his life because Bruce wanted to keep his identity secret therefore a lot of Clark's life was private.)

For most of the fic Clark’s dead. But I'm one for angst with a happy ending so he comes back. How he comes back I have all kinds of versions but I just want to share this really silly one that I’m slightly obsessed with.

It’s about two years after Clark died. Currently, Bruce and Hal are off-world for a two-month mission. Shortly after they leave the League are battling some sorcerer who's in possession of a Jinn. During the battle two of the three wishes are used and at the end it's Flash who gets to use the last one.

He wishes for Clark to be revived back to life.

Jinn says he can't do that

Flash thinks of course just like in Aladdin you can't bring the dead back, make someone fall in love or wish for more wishes.

The Jinn is like how dare you think that's not within my power of course I can bring back the dead, I can't bring back Superman because Clark's not dead. he's just in his grave too weak to break out of his grave due to the lack of sunlight.

Flash hears this and immediately rushes over to dig up Kal.

The next month and a half are all about Clark adjusting to the changes over the last three years (Like having a new kid at the manor: Tim) Meeting new members (Green Arrow, Martian Man Hunter), and really bonding with his teammates ect.

While waiting for Bruce's return Clark asks Barry what he'd like.

Barry is confused

Clark clarifies that Barry was able to bring back one of Bruce's loved ones “to life.“ That’s never happened and for a man like Bruce who loves deeply for his family he going to be very grateful and he will not take “I’m just glad I could help” for an answer. So Barry needs to think of something or Batman will.

Barry doesn't know what to ask for but knows that Bruce is rich. He figures this would be a great time to get that designer bag that Iris always wanted but they could never justify ever buying. (Listen I don’t know if Iris is a designer girly but in this fic she really just likes this one bag.)

So Bruce and Hal get back and after the big celebration party, the JL held for Clark and Bruce's reunion. Bruce approaches Barry thanks him and asks if there’s anything he can do.

Thinking Barry is going to ask for a house, pull some strings with his Brucie persona so he can better his life at his job or status. Maybe ask for Bruce to fund or set up a wellness program for people in Central City.

But Barry is just like: Uh well Iris has always liked this bag.

And Bruce is thinking Really Barry You brought the love of my life back to life I’d move mountains (without Clark’s help) for you and you want some designer bag for your wife?

Bruce: Do you have a picture?

And as soon as Barry shows him the bag Bruce knows moving mountains would be so much easier.

The bag Barry wants to get is a Birkin Bag.

Now if you know anything about Birkin bags 1. they’re stupid expensive. 2. If you can afford one that doesn't mean you get to buy one. Hermes the company that makes them has this irate practice that you have to work up a good relationship with the store and the sales associates in said store to even get the privilege to buy a Birkin (usually by buying a ton of other Hermes products you don’t want.) Sometimes you buy half the store but if you’re not a high-profile client or they don't like your image they just brush you off and postpone your chance to ”buy” a Birkin. And if you do all of the above prerequisites You don't even get to pick the bag they "give" you one. Want a pink colorway? Sorry here's lime green you're welcome.

Now Barry has no knowledge of any of this and just thinks a Birkin is just some overpriced bag. The problem is Iris only likes this one colorway ( Size 35cm, Red Alligator Exterior, Gold hardware, Yellow Slik interior ect.)

This is going to be near impossible.

But In Bruce's mind, Flash did the impossible in bringing back Clark (Bruce thinks Clark was wished back to life because that's the story everyone is sticking to. Because the emotional trauma of letting Bruce know that Clark was alive the whole time rotting away in a grave for 2 years is not on anyone’s todo list.) So he will get this bag Even if it kills him. He's the goddamn Batman.

And all this lead up is to what I'm actually obsessed with

I just love the idea that Bruce is running around Brucie-ing it up to try to get in Hermes' good graces but his image of being a drunk playboy is activity stopping him from buying any bag.

He calls up the Daily Planet and starts setting up all these puff PR-boosting articles to up his image. Which starts rumors becuase Burce Wayne doesn’t do interviews so why now?

Gotham elite catches wind that Burcie Wayne wants a Birkin richest man in America can't get one. So they all start getting Birkins. They ware them to his galas, just to troll Burcie. The elite jump on the waitlist inflating the list to stupid long. Hermes starts to wear the exclusivity of Brucie Wayne as a sign of good taste and prestige. Bruce searches the second-hand market and can't find the colorway Iris's wants.

Bruce goes undercover as a worker for a local Hermes store to become his own sales associate just so he can get around the prejudices of Bruce Wayne image and start racking up a sales history. (He just selling and buying to himself lol.)

So Bruce is playing a luxury salesman using his background of old money and Alfred’s butlering to woo potential buyers. Working his first retail job ever. Having to suck up to management so he can plead his case about Bruce Wayne. Using his access to get informed on what bags are currently available, who’s on the waitlist, where they rank, and criteria on how and what moves you up the list ect.

After months and becoming the number one salesman, he makes his case to allow Brucie Wayne to buy a bag.

It’s declined.

So he switches tactics.

He just makes a new cover as a recently won lottery winner looking to burn cash and wants to burn it with Hermes. And starts a new sale history. Using all of his knowledge and intel about what gets you on the waiting list.

He gets stonewalled a few times by former co-workers that he gets around by blackmailing them with gossip and infractions he witnessed or was told In confidence when he was a fellow sales associate.

Finally, his lottery winner persona is put on a waitlist. The only problem is he’s at the very bottom.

So what does he do?

He suties up As Batman and starts intimidating all those who are higher on the list than his lottery winner cover rocketing him up the list.

He hits a roadblock when he tries to scrace a woman on the list who doesn’t believe he’s actually Batman becuase “Why would Batman even want with a Birkin?”

Which leads to an escalation that gets him an earful from Superman who’s called to the scene by said woman whos terrified after Batman strings her upside down over the edge of her high-rise penthouse.

Clark offers to buy the bag becuase who wouldn’t want that kinda of PR endorsement?

Which Bruce vittamently refuses becuase it would cheapen the gift.

Finally, after a week of terrorizing wait-listers, his lottery winner persona is “given“ the opportunity to buy a bag.

But disaster strikes when that lucky break he thought he got because he was next on the list was actually bad luck becuase the person was bumped off becuase they bought the bag that Bruce had painfully calculated to purchase which was the only bag that would be made in the next 3 years that has the colorway that Iris wanted.

So Bruce tracks down and comforts the buyer in the dead of night as Batman. The buyer freaks out and says they didn't even want this colorway and really wanted a Caranery yellow ostrich skin colorway and if he could get her that one she'd trade for it.

This leads Bruce to play matchmaker for a series of buyers that have Birken Bags they don't love and would trade for their dream bag. And after months of fetch questing and matching sad Birken owners around the world with their dream bags Bruce he pulls it off. He finally gets a Canary, yellow ostrich skin colorway Birkin bag trades it for Iris’s dream bag. Only to find out it was ruined in a car crash that was caused by an alien invasion 2 months before that the JL had a particularly nasty time with and it was Bruce’s Batmobile that was thrown into her parked car.

The bag is a mess the zipper borken, missing hardware, leather scratched. But Bruce so done with everything accepts the trade and takes it back to the cave. Where he proceeds to 3D scan the bag then composite a CAD model and starts to collect all the raw components of the bag himself.

Getting only the best materials (much better than what Hermes was using) Talking to Killer Corc on how to find the best alligator pelts. Flying to India to personally pick out the red dye for the color. Mining the gold for the hardware from an asteroid that was threatening the Watchtower.

After he has everything Bruce proceeds to by hand construct an exact replica of Iris's dream bag. Essentially making the most over-budgeted fake to exist. Where he finally gives it to Barry (who has no inkling of the time and effort Bruce has put into this side project that has taken the better part of a whole year) who jokes in saying “Oh wow takes 12 months to run to the store huh?”

[afeelgoodblog]

The Best News of Last Week - August 21, 2023

🌊 - Discover the Ocean's Hidden Gem Deep down in the Pacific

1. Massachusetts passed a millionaire's tax. Now, the revenue is paying for free public school lunches.

Every kid in Massachusetts will get a free lunch, paid for by proceeds from a new state tax on millionaires.

A new 4% tax on the state's wealthiest residents will account for $1 billion of the state's $56 billion fiscal budget for 2024, according to state documents. A portion of those funds will be used to provide all public-school students with free weekday meals, according to State House News Service.

2. Plant-based filter removes up to 99.9% of microplastics from water

Researchers may have found an effective, green way to remove microplastics from our water using readily available plant materials. Their device was found to capture up to 99.9% of a wide variety of microplastics known to pose a health risk to humans.

3. Scientists Find A Whole New Ecosystem Hiding Beneath Earth's Seafloor

Most recently, aquanauts on board a vessel from the Schmidt Ocean Institute used an underwater robot to turn over slabs of volcanic crust in the deep, dark Pacific. Underneath the seafloor of this well-studied site, the international team of researchers found veins of subsurface fluids swimming with life that has never been seen before.

It's a whole new world we didn't know existed.

4. How solar has exploded in the US in just a year

Solar and storage companies have announced over $100 billion in private sector investments in the US since the passage of the Inflation Reduction Act (IRA) a year ago, according to a new analysis released today by the Solar Energy Industries Association (SEIA).

Since President Joe Biden signed the IRA in August 2022, 51 solar factories have been announced or expanded in the US.

5. Researchers have identified a new pack of endangered gray wolves in California

A new pack of gray wolves has shown up in California’s Sierra Nevada, several hundred miles away from any other known population of the endangered species, wildlife officials announced Friday.

It’s a discovery to make researchers howl with delight, given that the native species was hunted to extinction in California in the 1920s. Only in the past decade or so have a few gray wolves wandered back into the state from out-of-state packs.

6. Record-Breaking Cleanup: 25,000 Pounds of Trash Removed from Pacific Garbage Patch

Ocean cleanup crews have fished out the most trash ever taken from one of the largest garbage patches in the world.

The Ocean Cleanup, a nonprofit environmental engineering organization, saw its largest extraction earlier this month by removing about 25,000 pounds of trash from the Great Pacific Garbage Patch, Alex Tobin, head of public relations and media for the organization

7. The Inflation Reduction Act Took U.S. Climate Action Global

The U.S. Inflation Reduction Act (IRA) aimed to promote clean energy investments in the U.S. and globally. In its first year, the IRA successfully spurred other nations to develop competitive climate plans.

Clean energy projects in 44 U.S. states driven by the IRA have generated over 170,600 jobs and $278 billion in investments, aligning with Paris Agreement goals.

---

That's it for this week :)

This newsletter will always be free. If you liked this post you can support me with a small kofi donation here:

Buy me a coffee ❤️

Also don’t forget to reblog this post with your friends.

[gloomwitchwrites]

Misunderstanding

Thorin Oakenshield x Female Reader

Content & Warnings: explicit sexual content, oral sex (female receiving), vaginal fingering, possessive / jealous Thorin, unprotected piv (wrap it up irl), creampie, established relationship, table sex

Word Count: 1.5k

A misunderstanding gives Thorin cause to remind you that you're his.

A/N: For @protosslady

ao3 // taglist // main masterlist

“My queen, how should we allocate these funds?”

You glance at the parchment and frown. With Erebor reclaimed, reconstruction has begun, but with it comes all sorts of complications and roadblocks. Most of Erebor needs serious repair and attention. The majority of the remaining population lives outside, something that Thorin is increasingly growing upset about. He wants his people back home, and that is admirable, but with Smaug previously making a home here, the structural integrity of some portions of Erebor are in question.

Sighing, you consider all the options before answering. “Let us focus on residential areas for these. When those spaces are suitable for habitation, we can begin moving people out of tents and into homes. That is priority.”

“Of course, my queen.” The aging dwarven men around you bow deeply, many of their long, gray beards brushing the ground.

As they straighten, the door to your private study bursts open. Thorin stands in the doorway. There is a fire in his gaze and his chest heaves as if he’s just run a mile. It’s startling. He’s upset, but you’re not sure why.

Everyone around you turns and bows toward their king.

Thorin’s gaze passes over each of them before landing on you. He strides into the room, purpose in every step.

“Leave us,” he commands, his voice ringing loud and clear in the room.

They all bow a second time before quickly collecting their things and making a swift exit. Thorin approaches, and you move toward him, reaching out once the last of them have closed the door behind them.

“Thorin—”

Your husband reaches for you, pulls you in by the waist until you’re pressed up against him. His hand is on the back of your neck, the small hairs catch in his fingers as Thorin slowly arches your throat.

The look of hunger in his eyes is different. He wants you—needs you, but there is something else swirling there, lingering in his heart, making you question this sudden intensity.

“I need to kiss you,” he says, and it’s almost a groan.

“My lips are right here,” you reply with a soft giggle. “You may always kiss me whenever you wish.”

Thorin shakes his head slowly. “I’m not talking about your mouth.” Thorin leans in, his lips almost brushing yours, but his free hand grabs at your upper thigh, indicating where Thorin is wanting to put this mouth.

“Oh,” is all you say in surprise.

The hand around your neck slides away, and then Thorin is gripping your hips, moving to the undersides of your thighs to lift you off the stone floor. You wrap your arms around his neck, and Thorin deposits you on a nearby table.

While he is careful with you, there is an underlying harshness you notice in his gaze. That fire from earlier is still there. It’s like Thorin needs to punish you, or consume you, make you bend to him until you’re nothing but a perfect, pliant thing under his hands. The idea of it warms you between your legs. Your thighs rub together and there is no hiding how slick you are.

Thorin pushes your legs apart and steps between them. He starts at your knees, then your thighs, hips, and up the sides of your body until his hands grip the front of your dress.

“I’m feeling impatient,” he says, before putting all his strength behind his next movement.

With two quick jerks, Thorin rips the front of your bodice open, tearing the dress cleanly in two. Before you can even utter a verbal protest, Thorin’s lips are pressing against yours in a demanding, hungry kiss.

“I’ll buy you more,” he murmurs before his hands return to your body, this time caressing bare thigh. His touch is a forge fire, and you burn, surrendering to him as you begin to fall back against the table, legs widening as he settles between them.

You moan as Thorin kisses his way up your leg and to the inside of your thigh. Every brush of his lips sends pulses of heat from his mouth to your pussy.

“Please,” you whimper as Thorin’s lips brush against the spot that’s aching for his touch. “Please.”

“Tell me,” he says, the pad of his thumb parting you. “Is this for me?”

“Yes,” you reply as you hear just how wet you are.

“Only me?”

“Yes,” you say again, voice nearly breaking as he strokes over you.

Thorin’s hands grip your hips and tug you closer to the edge of the table. Then he pushes your legs wide open until the insides of your thighs feel stretched. He drags his fingertips through your wetness.

Your soft moan becomes a strangled gasp as he licks a wide stripe up your sex. Mewling with pleasure, you grab at him, one hand tugging on the neckline of his tunic, the other digging against the table.

“Delicious,” he groans. The tip of his tongue circles your clit, and without thinking, you pull hard on him, ripping some of the fabric.

His hand snatches your wrist. Thorin guides it down to the side of your thigh. Then, he grabs the other one. Does the same. With one hand, Thorin keeps your hands from straying. His grip is unyielding, and while you tug a bit, you meet firm resistance.

Thorin shakes his head. Then his head dips back between your legs, and you’re completely lost to him. Your eyelids flutter shut as he sucks your clit and traces around your entrance with a free finger. Then he presses in, and you groan loudly.

“Mine?”

“Yours.”

Thorin is inserting a second finger, pumping them in and out of you as his tongue laps at your clit. The coiling tension within your core twists tighter with every drag of his fingers and each swipe of his tongue.

Thorin curls his fingers and your back arches off the table. You feel his grin, and then he stays the course, working you at that perfect pace until you fall apart around him, crying out his name, the sound echoing around the room.

Thorin retreats but he does not back away. Instead, his mouth is on your bare skin, biting and sucking, leaving marks behind as he trails up your body. They are harsh, demanding, possessive marks of ownership. Rarely is Thorin ever like this, but he does not stop until he makes it to your mouth, sliding his tongue inside so that you can taste yourself.

This lingering moment is short. The second Thorin breaks the kiss, he undoes the front of his buckle, and the two of you are desperately pushing it away.

When Thorin slides in, you both moan loudly. You fall back against the table, clinging to his arms as he sets a pounding, steady pace that rocks the table. Each thrust makes the wood vibrate at the legs scrape across the stone floor. This a frenzied mating. A dire need. Whatever has possessed Thorin makes him hungry for you in a way you’ve rarely seen him.

His next thrust hits deep, and the friction is intense, pulling the coil tighter again until you’re keening, leaning up from the table as your body squeezes around him. That orgasm breaks him. His resolve snaps, and then you’re trapped beneath him, your fingernails digging into his skin as Thorin takes for himself.

He groans, leans forward, forehead resting against your own as he finishes. You feel it pooling within you, threatening to escape the moment he pulls away.

“I heard that you spent most of the day with a man,” murmurs Thorin, his nose lightly brushing against yours.

The middle of your brow scrunches in confusion. “I don’t understand. Why would that upset you?”

“It was reported to me that the relationship seemed…close.”

Frowning, you think back to the events of the day. You consider every place you visited and everyone you talked to. As you shuffle through all the possibilities, you pause on one, and then laugh so hard you snort.

“What?” he asks, drawing back slightly.

“Did the person reporting on me mention that man was my older brother?”

The tops of Thorin’s cheeks turn a bright red. “They—no. They failed to mention that.”

While part of you is annoyed that Thorin would immediately gravitate toward the worst, you also know that he’s under immense stress, the kind that might tear away and chip at his own confidence.

“Next time, when someone tells you something like that again, what are going to do?”

“Talk to you first,” he replies, his cheeks growing even redder.

“Although, I did like this.” You emphasize your meaning by rolling your hips, moving along his softening length. “Perhaps I should be a little friendly with an actual stranger. What will that get me?” you tease.

Thorin drags you off the table and into his arms. “That’ll get you bent over the nearest surface.”

“Is that a promise, my king?”

“Willing to test me?”

You grin, knowing that you certainly will.

taglist:

@foxxy-126 @glassgulls @km-ffluv @sweetbutpsychobutsweet @singleteapot @glitterypirateduck @tiredmetalenthusiast @protosslady @childofyuggoth @coffeecaketornado @mrsdurin @therealbloom @ninman82

[ramunaee]

hi, apologies if this is worded awkwardly or makes little sense, im very exhausted. recently our landlords inherently screwed us over and while we thankfully found a new place nearby, it’s double our current rent and we are tight on money. this happened to us very suddenly and at a very very inconvenient time as we’re meant to pay my tuition over the next year. we have been very lucky to be living in this space for so many years, and while we were told that we would be given tons of notice before having to move out, we were only told a week and a half in advance with very little time to prepare or save up. there’s personal information im keeping out of this post but our housing situation was quite layered and complex, and im willing to answer any questions in private to the best of my ability.

since moving is going to be taking up much of my time i want to offer colored sketches so i can get them finished quickly, starting at $5 but honestly any amount helps at all. i know so many way more important and horrifying things are going on at this point in time so please only share this if you feel comfortable. thank you to anyone who took their time to read this.

any and all funds will be going towards housing expenses and school expenses.

[probablyasocialecologist]

Just as the Arab is always involved in Jewish Israeli discourse, the tree is always uninvolved. What could be ‘involved’ about planting a tree? A tree is a tree is a tree. And trees are not only uninvolved, they are good. ‘Ecologists usually portray nature as a domain of intrinsic value’, writes geography and law scholar Irus Braverman in her book, Planted Flags: Trees, Land, and Law in Israel/Palestine. Trees are assumed to be natural, innocent ecological entities with no say in politics. But in this conflict, which is largely a conflict over land – with two national movements contesting the same territory – digging below the surface shows that trees have been used strategically to seize, hold and control territory. They are used as tools ‘almost as if they were weapons’, writes Shaul Ephraim Cohen in his book, The Politics of Planting.  It is in Israel’s interest for trees to appear uninvolved, resulting in a process that Braverman calls ‘naturalisation’, meaning the portrayal of ecological changes as ‘natural’ or otherwise inevitable, and the use of the innocence of nature to cloak an ethno-national agenda. Indeed, Braverman’s book was originally titled Tree Wars before her publisher asked for a more marketable title. The message is clear: trees are part of a ‘covert war’ that mobilises ecology to fix and create geopolitical facts in the region, largely through the actions of the KKL-JNF – Keren Kayemeth LeIsrael, or the Jewish National Fund. The Jerusalem Forest, where I myself planted a pine sapling at the age of six, is a creation of the KKL-JNF, which planted a greenbelt of parks in the Judaean Hills west of the city in the 1950s and 1960s. Later, after Israel captured East Jerusalem – and the entire West Bank – from Jordanian control and ‘reunified’ it in 1967, this forest was expanded eastwards, across the Green Line. Like two-thirds of the 400,000 acres of forests managed by the KKL-JNF, the Jerusalem Forest is not scientifically classified as a ‘natural forest’ like the native stands of Mediterranean oak, terebinth and carob in the wetter parts of northern Israel. It is a distinctly human creation, with large monocultural stands of Aleppo pine trees of the same age. Ecologically, these pines are considered a ‘pioneer species’: growing quickly, requiring little maintenance and colonising what is considered, in the Zionist imaginary, to be ‘barren’ land.  Colonisation is precisely the point of afforestation. The KKL-JNF is a Zionist and quasi-governmental agency that was founded in 1901 as the paramount institution for buying and holding land for Jewish settlement in what was then Ottoman Palestine. The organisation bought land from local Palestinian residents and then began foresting or farming the land to demonstrate their presence and provide protection from land alienation. Today the KKL-JNF is still the largest private landholder in the region, owning 13 per cent of Israeli territory. Braverman describes the KKL-JNF as Israel’s ‘land-laundering body’, as the state employs the agency’s non-governmental status to hold vast swathes of land for exclusively Jewish use without fear of being labelled discriminatory. While the KKL-JNF performs many quasi-governmental tasks such as building roads, dams and farms, it is best known today for its campaigns to rehabilitate ‘degraded’ forests and plant new ones. The KKL-JNF claims to have planted 250 million trees over the past 120 years. 

[...]

After 1948, when the State of Israel was founded and more than 750,000 Palestinians were forcibly expelled from their land, the KKL-JNF began planting forests over Palestinian villages to prevent their residents from returning. The KKL-JNF felt that trees were, in their words, ‘the best guards of the land … Walls and fences can be cut down. A tree says “we are here”’. After planting, tree law protected new forests from demolition. This legal aspect was critical for afforestation’s success in capturing, occupying and controlling the land. It is part of what Braverman terms the ‘lawfare’ of the state, meaning an imperialist’s use of their own rules to impose a regime, which is then legitimised by its own legal structure. Israeli courts have determined that when a forest is grown on expropriated land, Palestinians who return to that land are trespassing. In 2010, the Supreme Court rejected a petition by Palestinian refugees from the village of al-Lajjun to reclaim land in the Megiddo forest, ruling that afforestation justified Israeli control under the 1953 Land Acquisition Law. As both Cohen and Braverman note then, short of human inhabitation, trees were considered the most effective tool to hold and control land for the Jewish state. What this meant, in practice, was that if there weren’t enough Jews to settle the land, the state used trees instead – as stand-ins for Jewish bodies.  The flip side of Israel controlling land through Jewish tree presence is expropriating Palestinian land through absence. Nowhere is this clearer than in the paradoxical legal status of the so-called ‘present absentees’, Palestinians who were internally displaced after the 1948 war. Under Israeli law, they lost their land deeds because they failed to prove ownership with a physical presence, even though many were driven from that land by violence. Israeli laws governing ‘Absentees’ Property’ have expropriated a startling 70 per cent of Israeli territory within the Green Line. Palestinian ‘absence’ was sloganised long before 1948 in the Zionist saying, ‘A land without a people for a people without a land’, which epitomises a deep failure and unwillingness to recognise native Palestinian inhabitation.

19 October 2021

[reasonandempathy]

The weird radical/revolutionary politic larpers on this site are so allergic to political pragmatism I swear lmao. I am definitely left of the Democratic Party and I am certainly voting for Joe Biden in November. Not because I like him (I don’t). He is absolutely horrific on Gaza and that’s only the top (and priority considering there is a genocide going on there) of a list of complaints I have about him. I even voted uncommitted in my state’s presidential primary (the Pennsylvania one; I had to write it in) to protest. However, I’m still thinking pragmatically. Trump has said things that make me credibly think he will be worse on Gaza (insane that being worse on Gaza than Biden is possible but it is unfortunately), and that’s only the tip of the iceberg. Project 2025, the potential for him to appoint more deeply conservative justices, more of his aggressively screwing over poor and middle class people with his tax policies. And does anyone else remember the spike in hate crimes after the race was called for him in 2016? Before he was even inaugurated? Whether people vote or not in November we will still have to deal with one of these two men in office come January unless all of the internet ancom larpers overthrow the government by then (doubt), so I’d rather deal with the one who will be marginally less bad and who didn’t try to overthrow the government. Can’t have your revolution if nobody’s alive cause you kept pushing off politically participating because there was no perfect option. 👍

Political pragmatist anon, sorry for ranting in your askbox but I feel like I lose brain cells watching these people talk. The other day I saw someone say Biden is bad because Roe v. Wade fell under his administration… even though the reason for that was Trump appointed justices. 💀 (2/2)

Fucking insane. Sincerely.

It's a completely, flatly binary choice for anyone with a brain stem and sincerity. It's distilled into the two below images:

Where all major third party candidates are even on the ballot

How many electoral votes the largest of those (green party, a.k.a. Jill Stein) would win if they won every single state they're on the ballot for.

They are literally, legally, incapable of winning the election. They are not on enough state ballots to win and Jill Stein would need to somehow win California and Texas to even "win" all the states they're on the ballot for. Which, again, would still not be enough to win the presidency and throw it to the currently existing Republican House of Representatives. Which would put Trump in office.

It's that straightforward. That simple. That BLARINGLY obvious to literally everyone except these people.

On the one hand you have:

Significant and continuous support for Israel and it's genocide

Record levels of pardons for low-level drug offenses

the gearing up of the strongest anti-trust regime since the early 20th century

the most aggressive NLRB I've seen in my lifetime, with massive wins and institutional changes to help workers

Including getting Rail strike workers a week of sick-leave that gets paid out at the end of the year, which is better than NYC and LA sick leave laws

Millions of people (not enough) getting student debt forgiveness

Some trillion dollars (not enough)of investment in renewable resources and infrastructure

Proposed taxes on unrealized capital gains (a.k.a. how billionaires never have any money but can still buy Kentucky, Iowa, and Twitter)

Effectively an end to overdraft fees

The explicit support of leftist world leaders like Lula de Silva. Who he has explicitly worked with to expand worker rights in South America.

Has capped (some, not enough, only a tiny amount really but it's something) some drug prices, including Insulin.

Reduced disability discrimination in medical treatment

Billions in additional national pre-k funding

Ending federal use of private prisons

Pushing bills to raise Social Security tax thresholds higher to help secure the General Fund

Increasing SSI benefits

and more

vs

Said Israel should just nuke Gaza and "get it over with"

Personally takes pride in and credit for getting Roe v Wade overturned

Is arguing in court that the President should be allowed to assassinate political rivals

Muslim Ban Bullshit, insistently

Actively damages our global standing and diplomatic efforts just by getting obsessed with having a Big Button

Implemented massive tax cuts on ich people, tax hikes on middle class and poor people, and actively wants to do it again

"Only wants to be a dictator for a little bit, guys, what's the big deal"

Is loudly publicly arguing that the US shouldn't honor its military alliances after-the-fact

Tore up an effective and substantial anti-nuclear-proliferation treaty with Iran

Had a DoEd that actively just refused to process student debt forgiveness applications that have been the law of the land for decades now

Has a long record of actively curtailing and weakening the NLRB and labor movement, including allowing managers to retaliate against workers, weakened workplace accommodation requirements for disabled people, and more

Rubber stamped a number of massive mergers building larger, more powerful top companies and increasing monopolistic practices

Fucking COVID Bullshit and hundreds of thousands of unnecessary deaths

Openly supporting fascists and wannabe-bootlicks ("Very fine people" being only the beginning of it

It's really not fucking close.

[spite-and-waffles]

I always wonder whether Batfam fans really get just how fucking rich the Waynes are. Like of course we shy away from thinking about the fact that we're talking Musk and Bezos money, and focus on how Bruce funds the freaking Watchtower and has what is functionally a high-tech military base and lab and the world's most expensive vehicles. But this is the one time you don't have to factor in the implications of wealth-hoarding, so there's nothing preventing y'all from understanding exactly how much money we're talking about here.

For instance, there doesn't seem to be any concept of how palatial Wayne Manor is, simply going by the outer facades of it that appear in the comics and movies. Or how decadent the lifestyles that accompany that kind of ancestral home. Alfred couldn't run that place on his own even if he had super powers, which is why even the movies occasionally show a rotating probably-temporary staff in the background. The house probably has like 3 hundred-foot pools. Their garden is a protected heritage park.

The Waynes are 10x richer than Crazy Rich Asians. They buy and wear the jewelry worth hundreds of millions that belonged to royalty. They own private islands. The art in the house alone is worth more than the GDP of a small country. They went to school with like every US President since Teddy Roosevelt and still think the Rockefellers are new money. They're personal friends with Beyonce and can get her to perform at private parties. They can rent out an entire three-star Michelin restaurant and fly out to one for every date. They have top-line penthouse apartments in every major city in the world. They can buy a luxury sportscar instead of hiring a vehicle anywhere they visit and then just toss the keys to the nearest person on their way out (Arab royalty is known for this appearently. There's been some very lucky parking valets in the UAE iirc).

Bruce is as rich as Ra's Al Ghul, regularly make social calls to heads of state and his family has a history of being king-makers. Every one of Bruce's children, from Dick to Jason to Cass, is poised to inherit one of the largest and most powerful empires in the world. That means every time Bruce adopts an orphan off god-knows-where, the entire global elite is thrown into consternation and horror. Even Tim is barely acceptable to these people because he doesn't have the pedigree. I don't follow the reboot comics so Idk if Duke is adopted, but it would be so fucking funny if he was because they'd react a lot like the British establishment did to Meghan Markle (except the family and WE would have Duke's back completely). As for Damian, the fact that he's not white would get him snubbed if everyone who's anyone didn't 100% know who Ra's Al Ghul is. And they're fucking terrified because, for maximum hilarity, they probably figure that Bruce doesn't.

I just find it incredibly fucking funny when I'm reading fics that the writers can only imagine Bruce and the kids's civilian privileges extend only to "big house", "a lot of cars" and "Gotham famous". Lol. Lmao even.

...

Edit: Explanation for people justifiably skeptical that Bruce could be rich as Ra's (scroll down)

[mostlysignssomeportents]

How to shatter the class solidarity of the ruling class

I'm touring my new, nationally bestselling novel The Bezzle! Catch me WEDNESDAY (Apr 11) at UCLA, then Chicago (Apr 17), Torino (Apr 21) Marin County (Apr 27), Winnipeg (May 2), Calgary (May 3), Vancouver (May 4), and beyond!

Audre Lorde counsels us that "The Master's Tools Will Never Dismantle the Master's House," while MLK said "the law cannot make a man love me, but it can restrain him from lynching me." Somewhere between replacing the system and using the system lies a pragmatic – if easily derailed – course.

Lorde is telling us that a rotten system can't be redeemed by using its own chosen reform mechanisms. King's telling us that unless we live, we can't fight – so anything within the system that makes it easier for your comrades to fight on can hasten the end of the system.

Take the problems of journalism. One old model of journalism funding involved wealthy newspaper families profiting handsomely by selling local appliance store owners the right to reach the townspeople who wanted to read sports-scores. These families expressed their patrician love of their town by peeling off some of those profits to pay reporters to sit through municipal council meetings or even travel overseas and get shot at.

In retrospect, this wasn't ever going to be a stable arrangement. It relied on both the inconstant generosity of newspaper barons and the absence of a superior way to show washing-machine ads to people who might want to buy washing machines. Neither of these were good long-term bets. Not only were newspaper barons easily distracted from their sense of patrician duty (especially when their own power was called into question), but there were lots of better ways to connect buyers and sellers lurking in potentia.

All of this was grossly exacerbated by tech monopolies. Tech barons aren't smarter or more evil than newspaper barons, but they have better tools, and so now they take 51 cents out of every ad dollar and 30 cents out of ever subscriber dollar and they refuse to deliver the news to users who explicitly requested it, unless the news company pays them a bribe to "boost" their posts:

https://www.eff.org/deeplinks/2023/04/saving-news-big-tech

The news is important, and people sign up to make, digest, and discuss the news for many non-economic reasons, which means that the news continues to struggle along, despite all the economic impediments and the vulture capitalists and tech monopolists who fight one another for which one will get to take the biggest bite out of the press. We've got outstanding nonprofit news outlets like Propublica, journalist-owned outlets like 404 Media, and crowdfunded reporters like Molly White (and winner-take-all outlets like the New York Times).

But as Hamilton Nolan points out, "that pot of money…is only large enough to produce a small fraction of the journalism that was being produced in past generations":

https://www.hamiltonnolan.com/p/what-will-replace-advertising-revenue

For Nolan, "public funding of journalism is the only way to fix this…If we accept that journalism is not just a business or a form of entertainment but a public good, then funding it with public money makes perfect sense":

https://www.hamiltonnolan.com/p/public-funding-of-journalism-is-the

Having grown up in Canada – under the CBC – and then lived for a quarter of my life in the UK – under the BBC – I am very enthusiastic about Nolan's solution. There are obvious problems with publicly funded journalism, like the politicization of news coverage:

https://www.theguardian.com/media/2023/jan/24/panel-approving-richard-sharp-as-bbc-chair-included-tory-party-donor

And the transformation of the funding into a cheap political football:

https://www.cbc.ca/news/politics/poilievre-defund-cbc-change-law-1.6810434

But the worst version of those problems is still better than the best version of the private-equity-funded model of news production.

But Nolan notes the emergence of a new form of hedge fund news, one that is awfully promising, and also terribly fraught: Hunterbrook Media, an investigative news outlet owned by short-sellers who pay journalists to research and publish damning reports on companies they hold a short position on:

https://hntrbrk.com/

For those of you who are blissfully distant from the machinations of the financial markets, "short selling" is a wager that a company's stock price will go down. A gambler who takes a short position on a company's stock can make a lot of money if the company stumbles or fails altogether (but if the company does well, the short can suffer literally unlimited losses).

Shorts have historically paid analysts to dig into companies and uncover the sins hidden on their balance-sheets, but as Matt Levine points out, journalists work for a fraction of the price of analysts and are at least as good at uncovering dirt as MBAs are:

https://www.bloomberg.com/opinion/articles/2024-04-02/a-hedge-fund-that-s-also-a-newspaper

What's more, shorts who discover dirt on a company still need to convince journalists to publicize their findings and trigger the sell-off that makes their short position pay off. Shorts who own a muckraking journalistic operation can skip this step: they are the journalists.

There's a way in which this is sheer genius. Well-funded shorts who don't care about the news per se can still be motivated into funding freely available, high-quality investigative journalism about corporate malfeasance (notoriously, one of the least attractive forms of journalism for advertisers). They can pay journalists top dollar – even bid against each other for the most talented journalists – and supply them with all the tools they need to ply their trade. A short won't ever try the kind of bullshit the owners of Vice pulled, paying themselves millions while their journalists lose access to Lexisnexis or the PACER database:

https://pluralistic.net/2024/02/24/anti-posse/#when-you-absolutely-positively-dont-give-a-solitary-single-fuck

The shorts whose journalists are best equipped stand to make the most money. What's not to like?

Well, the issue here is whether the ruling class's sense of solidarity is stronger than its greed. The wealthy have historically oscillated between real solidarity (think of the ultrawealthy lobbying to support bipartisan votes for tax cuts and bailouts) and "war of all against all" (as when wealthy colonizers dragged their countries into WWI after the supply of countries to steal ran out).

After all, the reason companies engage in the scams that shorts reveal is that they are profitable. "Behind every great fortune is a great crime," and that's just great. You don't win the game when you get into heaven, you win it when you get into the Forbes Rich List.

Take monopolies: investors like the upside of backing an upstart company that gobbles up some staid industry's margins – Amazon vs publishing, say, or Uber vs taxis. But while there's a lot of upside in that move, there's also a lot of risk: most companies that set out to "disrupt" an industry sink, taking their investors' capital down with them.

Contrast that with monopolies: backing a company that merges with its rivals and buys every small company that might someday grow large is a sure thing. Shriven of "wasteful competition," a company can lower quality, raise prices, capture its regulators, screw its workers and suppliers and laugh all the way to Davos. A big enough company can ignore the complaints of those workers, customers and regulators. They're not just too big to fail. They're not just too big to jail. They're too big to care:

https://pluralistic.net/2024/04/04/teach-me-how-to-shruggie/#kagi

Would-be monopolists are stuck in a high-stakes Prisoner's Dilemma. If they cooperate, they can screw over everyone else and get unimaginably rich. But if one party defects, they can raid the monopolist's margins, short its stock, and snitch to its regulators.

It's true that there's a clear incentive for hedge-fund managers to fund investigative journalism into other hedge-fund managers' portfolio companies. But it would be even more profitable for both of those hedgies to join forces and collude to screw the rest of us over. So long as they mistrust each other, we might see some benefit from that adversarial relationship. But the point of the 0.1% is that there aren't very many of them. The Aspen Institute can rent a hall that will hold an appreciable fraction of that crowd. They buy their private jets and bespoke suits and powdered rhino horn from the same exclusive sellers. Their kids go to the same elite schools. They know each other, and they have every opportunity to get drunk together at a charity ball or a society wedding and cook up a plan to join forces.

This is the problem at the core of "mechanism design" grounded in "rational self-interest." If you try to create a system where people do the right thing because they're selfish assholes, you normalize being a selfish asshole. Eventually, the selfish assholes form a cozy little League of Selfish Assholes and turn on the rest of us.

Appeals to morality don't work on unethical people, but appeals to immorality crowds out ethics. Take the ancient split between "free software" (software that is designed to maximize the freedom of the people who use it) and "open source software" (identical to free software, but promoted as a better way to make robust code through transparency and peer review).

Over the years, open source – an appeal to your own selfish need for better code – triumphed over free software, and its appeal to the ethics of a world of "software freedom." But it turns out that while the difference between "open" and "free" was once mere semantics, it's fully possible to decouple the two. Today, we have lots of "open source": you can see the code that Google, Microsoft, Apple and Facebook uses, and even contribute your labor to it for free. But you can't actually decide how the software you write works, because it all takes a loop through Google, Microsoft, Apple or Facebook's servers, and only those trillion-dollar tech monopolists have the software freedom to determine how those servers work:

https://pluralistic.net/2020/05/04/which-side-are-you-on/#tivoization-and-beyond

That's ruling class solidarity. The Big Tech firms have hidden a myriad of sins beneath their bafflegab and balance-sheets. These (as yet) undiscovered scams constitute a "bezzle," which JK Galbraith defined as "the magic interval when a confidence trickster knows he has the money he has appropriated but the victim does not yet understand that he has lost it."

The purpose of Hunterbrook is to discover and destroy bezzles, hastening the moment of realization that the wealth we all feel in a world of seemingly orderly technology is really an illusion. Hunterbrook certainly has its pick of bezzles to choose from, because we are living in a Golden Age of the Bezzle.

Which is why I titled my new novel The Bezzle. It's a tale of high-tech finance scams, starring my two-fisted forensic accountant Marty Hench, and in this volume, Hench is called upon to unwind a predatory prison-tech scam that victimizes the most vulnerable people in America – our army of prisoners – and their families:

https://us.macmillan.com/books/9781250865878/thebezzle

The scheme I fictionalize in The Bezzle is very real. Prison-tech monopolists like Securus and Viapath bribe prison officials to abolish calls, in-person visits, mail and parcels, then they supply prisoners with "free" tablets where they pay hugely inflated rates to receive mail, speak to their families, and access ebooks, distance education and other electronic media:

https://pluralistic.net/2024/04/02/captive-customers/#guillotine-watch

But a group of activists have cornered these high-tech predators, run them to ground and driven them to the brink of extinction, and they've done it using "the master's tools" – with appeals to regulators and the finance sector itself.

Writing for The Appeal, Dana Floberg and Morgan Duckett describe the campaign they waged with Worth Rises to bankrupt the prison-tech sector:

https://theappeal.org/securus-bankruptcy-prison-telecom-industry/

Here's the headline figure: Securus is $1.8 billion in debt, and it has eight months to find a financier or it will go bust. What's more, all the creditors it might reasonably approach have rejected its overtures, and its bonds have been downrated to junk status. It's a dead duck.

Even better is how this happened. Securus's debt problems started with its acquisition, a leveraged buyout by Platinum Equity, who borrowed heavily against the firm and then looted it with bogus "management fees" that meant that the debt continued to grow, despite Securus's $700m in annual revenue from America's prisoners. Platinum was just the last in a long line of PE companies that loaded up Securus with debt and merged it with its competitors, who were also mortgaged to make profits for other private equity funds.

For years, Securus and Platinum were able to service their debt and roll it over when it came due. But after Worth Rises got NYC to pass a law making jail calls free, creditors started to back away from Securus. It's one thing for Securus to charge $18 for a local call from a prison when it's splitting the money with the city jail system. But when that $18 needs to be paid by the city, they're going to demand much lower prices. To make things worse for Securus, prison reformers got similar laws passed in San Francisco and in Connecticut.

Securus tried to outrun its problems by gobbling up one of its major rivals, Icsolutions, but Worth Rises and its coalition convinced regulators at the FCC to block the merger. Securus abandoned the deal:

https://worthrises.org/blogpost/securusmerger

Then, Worth Rises targeted Platinum Equity, going after the pension funds and other investors whose capital Platinum used to keep Securus going. The massive negative press campaign led to eight-figure disinvestments:

https://www.latimes.com/business/story/2019-09-05/la-fi-tom-gores-securus-prison-phone-mass-incarceration

Now, Securus's debt became "distressed," trading at $0.47 on the dollar. A brief, covid-fueled reprieve gave Securus a temporary lifeline, as prisoners' families were barred from in-person visits and had to pay Securus's rates to talk to their incarcerated loved ones. But after lockdown, Securus's troubles picked up right where they left off.

They targeted Platinum's founder, Tom Gores, who papered over his bloody fortune by styling himself as a philanthropist and sports-team owner. After a campaign by Worth Rises and Color of Change, Gores was kicked off the Los Angeles County Museum of Art board. When Gores tried to flip Securus to a SPAC – the same scam Trump pulled with Truth Social – the negative publicity about Securus's unsound morals and financials killed the deal:

https://twitter.com/WorthRises/status/1578034977828384769

Meanwhile, more states and cities are making prisoners' communications free, further worsening Securus's finances:

https://pluralistic.net/2024/02/14/minnesota-nice/#shitty-technology-adoption-curve

Congress passed the Martha Wright-Reed Just and Reasonable Communications Act, giving the FCC the power to regulate the price of federal prisoners' communications. Securus's debt prices tumbled further:

https://www.govtrack.us/congress/bills/117/s1541

Securus's debts were coming due: it owes $1.3b in 2024, and hundreds of millions more in 2025. Platinum has promised a $400m cash infusion, but that didn't sway S&P Global, a bond-rating agency that re-rated Securus's bonds as "CCC" (compare with "AAA"). Moody's concurred. Now, Securus is stuck selling junk-bonds:

https://www.govtrack.us/congress/bills/117/s1541

The company's creditors have given Securus an eight-month runway to find a new lender before they force it into bankruptcy. The company's debt is trading at $0.08 on the dollar.

Securus's major competitor is Viapath (prison tech is a duopoly). Viapath is also debt-burdened and desperate, thanks to a parallel campaign by Worth Rises, and has tried all of Securus's tricks, and failed:

https://pestakeholder.org/news/american-securities-fails-to-sell-prison-telecom-company-viapath/

Viapath's debts are due next year, and if Securus tanks, no one in their right mind will give Viapath a dime. They're the walking dead.

Worth Rise's brilliant guerrilla warfare against prison-tech and its private equity backers are a master class in using the master's tools to dismantle the master's house. The finance sector isn't a friend of justice or working people, but sometimes it can be used tactically against financialization itself. To paraphrase MLK, "finance can't make a corporation love you, but it can stop a corporation from destroying you."

Yes, the ruling class finds solidarity at the most unexpected moments, and yes, it's easy for appeals to greed to institutionalize greediness. But whether it's funding unbezzling journalism through short selling, or freeing prisons by brandishing their cooked balance-sheets in the faces of bond-rating agencies, there's a lot of good we can do on the way to dismantling the system.

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/2024/04/08/money-talks/#bullshit-walks

Image: KMJ (modified) https://commons.wikimedia.org/wiki/File:Boerse_01_KMJ.jpg

CC BY-SA 3.0 https://creativecommons.org/licenses/by-sa/3.0/deed.en