#what is a net 30 account

[sonicboomseason3]

a brief recap of what has been going on with the sonic movieverse in the past several months:

paramount has come out in public support of israel

keanu reeves, a man who has publicly rubbed elbows with none other than benjamin netanyahu, reportedly gets cast as shadow for the upcoming third movie

james marsden, the guy who plays tom, got exposed as having written a letter of support for a convicted pedophile

there's fucking??? zionist propaganda in the knuckles series???

kind of connected to the last point but adam pally, the guy who plays wade, is evidently pro-israel too

this is a complete and utter joke.

EDIT AS OF 4/30/24: if people see this version of the post, i'd really appreciate it if you reblog it instead of the other versions, as it's the most updated one with all the information that i want included. thank you :]

you know, it's been a few days since i've made this post, and some of you (not most) are staying determined in defending/justifying/giving the benefit of the doubt to keanu for that photo with netanyahu, whether it's because "it was a decade ago," "him being civil to someone he ran into at a party one time doesn't mean anything," "he's probably just silent because his pr managers won't allow him to speak up," etc. i've made my thoughts on the matter quite clear by directly responding to these people, but at this point, i'm tired of both seeing them in my notes and repeating myself, so take this as my final word on the issue.

i can't help it if you don't think the photo with netanyahu is damning, and i'm done engaging with everyone going out of their way to tell me that. i obviously disagree, especially after finding out that 1. the host of the party, arnon milchan, is a former israeli spy who has a history of developing israel's nuclear program and promoting apartheid in south africa (information that had broken out a few months prior to the party and thus would've been fresh news around the time keanu chose to attend) and 2. keanu has been caught hanging around at least two other weirdos, but if you don't find any of that to be cause for reasonable concern, then there really is nothing else i can say afaik.

with all that said, i'm beginning to realize how strange it is that these people's first instinct when seeing this post is to start debating about keanu's political stances without ever acknowledging any of the other bullet points. you guys realize that this isn't just about him, right? i know tumblr reading comprehension is known for being piss-poor, but like… you realize that i was trying to make a point of how there are MULTIPLE terrible things that have broken out about the people and company involved in the sonic movies, right? and yet, a lot of the people leaping to speak on keanu's behalf in my notes are completely ignoring the parts where i bring up paramount, pally, etc. all in favor of zeroing in on the singular point about keanu and making bad faith assumptions about me for holding him accountable. really makes one wonder where your priorities lie if, in a post that talks about so many other things, me accusing an a-list celebrity with, according to google, a net worth of almost $400 million is where you draw the line and apparently the only thing worth your acknowledgment.

ultimately, what i'm trying to say is that the intention of this post was just to gather up everything that i had been hearing for the past several months and put it all together in one place. there were a bunch of people who didn't know about at least one of the bullet points before seeing this post, and i'm glad that i could help inform them, that was what i was hoping to do! but as for the keanu thing, i've said pretty much all i can say for now, and i don't want to derail the original post even more than i may have already. unless something new comes up, i'm done talking about him.

[quazies]

Well, the past week has been frustrating.

I’ll do my best to explain what’s gone wrong, but I don’t blame anyone who can’t wrap their head around it, because it’s a confusing mess. 

Within the past couple weeks I’ve made a new Adsense account under my business info (new bank account, tax number, etc) and it’s been rejected. Without an Adsense account linked to your YouTube, you can’t make ANY money from your videos. Because of “policy” they can’t tell me the EXACT thing I’ve done wrong, so I get to play the guessing game and loose the majority of my livelihood in the meanwhile!! Yippie!!! Just what I needed while working on one of my longest most ambitious projects yet!!! 

I have savings so it’s not a complete emergency, I can penny pinch for the next 30 to 90 days, or however long they keep me from monetizing my animations again. Thanks to my amazing Patrons, I still have a safety net for when stupid stuff like this happens.

Please consider checking out my Patreon while this BS is happening. I have 50 pages of storyboards up for my newest Godzilla animation, Character sheets, and when storyboarding wraps up I’ll be posting animation sneak peeks as well. Any support is greatly appreciated, and overall I just wanted folks to be aware of the situation. YouTube seems to enjoy finding new ways to disappoint me! I hope to one day reach my Patreon goal so I don’t have to feel so reliant on them to do what I love: making cartoons for you guys. I’ve had multiple situations of YouTube being unhelpful and this is definitely the worst case yet.

If you’re still reading, thanks for hearing me out, and if you’d like to check out the Patreon, it’s linked in my bio. Thank you guys as always, and thanks for watching my cartoons!

[bitchesgetriches]

On leaving home for the first time:

Leaving Home before 18: A Practical Guide for Cast-Offs, Runaways, and Everybody in Between

Ask the Bitches: “I Just Turned 18 and My Parents Are Kicking Me Out. How Do I Brace Myself?”

Ask the Bitches: I Want to Move Out, but I Can’t Afford It. How Bad Would It Be to Take out Student Loans to Cover It?

How To Start at Rock Bottom: Welfare Programs and the Social Safety Net

Advice I Wish My Parents Gave Me When I Was 16

Ask the Bitches: How Can I Make Myself Financially Secure Before Age 30?

You Won’t Regret Your Frugal 20s

Master the Logistics and Etiquette of Moving Out

Season 2, Episode 5: “What Do I Need to Know about Moving into My First Apartment?”

On basic finance:

How the Hell Does One Open a Bank Account? Asking for a Friend.

How Do You Write and Cash Checks? Asking for a Friend.

Budgets Don’t Work for Everyone—Try the Spending Tracker System Instead

You Must Be This Big to Be an Emergency Fund

A Hand-Holding Guide to Getting Your First Credit Card

How to File Your Taxes FOR FREE: Simple Instructions for the Stressed-Out Taxpayer

Dafuq Is Credit and How Do You Bend It to Your Will?

How to Save for Retirement When You Make Less Than $30,000 a Year

Dafuq Is Interest and How Does It Work for the Forces of Darkness?

What’s the Difference Between Savings and Checking Accounts, and How Should I Be Using Them?

Dafuq Is a Down Payment? And Why Do You Need One to Buy Stuff?

Dafuq Is Insurance and Why Do You Even Need It?

Investing Deathmatch: Investing in the Stock Market vs. Just… Not

Dafuq Is a Retirement Plan and Why Do You Need One?

Do NOT Make This Disastrous Beginner Mistake With Your Retirement Funds

On managing your household:

How the Hell Does One Laundry? Asking for a Friend.

How the Hell Does One Wash Dishes? Asking for a Friend.

Ask the Bitches: Why Are Painted Mason Jars the Internet’s Only Solution to My Tiny Apartment Woes?

9 Essential Tools for Apartment-Dwellers (and 6 That Are Kinda Useless)

Ask the Bitches: How Can I Survive in an Apartment with No Heat?

How to Save Money on Your Beloved Pets

Bullshit Reasons Not to Buy a House: Refuted

How To Maintain Your Car When You’re Barely Driving It

25 Tricks to Stay Cool WITHOUT Air Conditioning

On feeding and caring for yourself:

You Should Learn To Cook. Here’s Why.

How to Shop for Groceries like a Boss

If You Don’t Eat Leftovers I Don’t Even Want to Know You

I Think I Need to Go the Emergency Room?

Ask the Bitches: Ugh, How Do I Build the Habit of Taking Meds?

On maintaining relationships:

Season 1, Episode 8: “My Mother Demands Information About My One-Night Stands.”

Season 1, Episode 3: “My Parents Have Bad Credit. Should I Help by Co-signing Their Mortgage?”

Ask the Bitches: How Do I Say “No” When a Loved One Asks for Money… Again?

Ask the Bitches: My Dad Sucks with Money. How Do I Make Him Change?

You Need to Talk to Your Parents About Their Retirement Plan

Season 2, Episode 1: “I’m Financially Stable, but My Friends Aren’t. The Guilt Is Crushing!”  

On starting your career:

22-Year-Olds Don’t Belong in Grad School

High School Students Have No Way of Knowing What Career to Choose. Why Do We Make Them Do It Anyway?

The Actually Helpful, Nuanced, Non-Bullshit Way to Choose a Future Career

Your College Major May Not Prepare You for Your Job—but It Can Prepare You for Life

The Ugly Truth About Unpaid Internships

Your School or Workplace Benefits Might Include Cool Free Stuff

[justinspoliticalcorner]

Jay Kuo at The Status Kuo:

There’s a strange phenomenon occurring with the terminally online right. Ever since Vice President Kamala Harris announced that Gov. Tim Walz would be her running mate, many of the right have acted with fury. They’ve attempted to “Swift Boat” his 24-year service record in the Army National Guard. They’ve called him a racist for talking about “white guy tacos.” And they’ve dredged up a nearly 30-year old DUI—for which he took accountability and after which he stopped drinking altogether—to prove he’s somehow not so perfect a role model.

What they haven’t been able to do is make any of this stick. And yet, Walz continues to draw fire, which could otherwise have been directed at Harris. In other words, Walz is turning out to be a shrewd pick. At net 11 points positive favorability in polls, Walz is immensely more popular than his counterpart on the GOP ticket, JD Vance, who is underwater by nine. And as they continue to rail against him, the right keeps making his fundamental point about them: They are just really weird. In today’s piece, I explore some theories about why Walz brings out the worst impulses of the right just by being who he is. Then I’ll lay down some political tarot cards and prognosticate about where I think this leads.

Politico Uno Reverse

By most identity measures, Walz should be one of the MAGA right. He’s a midwestern white dude in his late 50s. He loves to hunt and is a sharpshooter. He served for decades in the military and achieved the highest enlisted rank of Command Sergeant Major. He was a football coach who helped lead his team to the state championship. And yet, despite all these identity markings, Walz in an unabashed progressive. He is for reproductive rights and an ally and protector of gay teens. And there isn’t a bigoted bone in his body. It’s as if when Harris picked him, she played, as writer Anna Gifty Opoku-Agyeman succinctly described it, a “political uno reverse.” The Walz card threw it right back at them, as if to say, “I’m a guy just like you, but without any of the weird baggage.” The MAGA GOP’s base is supposed to include white guys like Walz. But here is living evidence that they don’t have all of them or the best of them. That’s why they’re so eager to discredit him, because if they don’t, as psychologist Julie Hotard notes, then Walz will stand instead as a model of what is possible. On many levels, an appealing, white, male Democrat is a far bigger threat to their sense of identity than even a biracial woman candidate for president.

[...]

Attacking Mr. Nice Guy

For the past two decades, the GOP has shifted markedly toward being a party of cruelty, of “owning” the libs and drinking their tears, and of being as unpleasant and in-your-face as they can be. That kind of behavior has been rewarded with appearances on Fox and other right wing media, fundraising dollars from the MAGA base, and a spot at the side or in the tweets of the ex-president himself. As author Patrick S. Tomlinson observed, Walz represents what shouldn’t be an extraordinary notion: that you can be a nice guy, supportive of women, embracing of gay people, and still be all the coded masculine ideals of soldier, football coach, hunter and father that the MAGA right believed it had a lock on. Plus, you can be all those things without ever asking weird questions about menstrual cycles, chromosomes and genitalia. The right even tried to make a big deal about Walz’s efforts as governor to ensure free tampons were available to girls in school. Rumors circulated that schools had been required to also put tampons in boys’ bathrooms, but those claims turned out to be untrue, while demonstrating how off kilter the right becomes over sexuality and gender. The “Tampon Tim” moniker didn’t stick. On the contrary, there are probably many moms and dads grateful for a governor like Walz who is thinking about their daughters’ needs.

Jay Kuo explains the real reason why the right is being driven crazy by Tim Walz: The fact that he has a profile that would typify a MAGA voter (football coach, military service, loves to hunt) yet is a progressive white dude (solid LGBTQ+ rights ally before it became fashionable among Democrats).

[strawberrum]

thinking about how I had a few folks at my last market suggest to me (kindly and with good intentions) that I make and sell some versions of the hand knit cardigan I was wearing because people would "totally pay $300 for that!"

I appreciated the sentiment, but people don't understand what goes into handmade clothes! I don't use a knitting machine. Every stitch in that garment is created by hand on needles, and the sleeves were brioche. Even using inexpensive acrylic yarn for the whole project, and accounting for the HUGE sleeve stitches (saving me time making the sleeves)—the material cost was $55 and the labor was well beyond that.

Let's conservatively estimate the cardigan took me 30 hours to create. Currently, when pressed to put a dollar amount to my time, I use the living wage as a baseline and then go up from there $1/hour for every year I have been actively practicing that particular skill. In the case of knitting that would be 11 years, and the current living wage in my area is approximately $23/hour. Setting aside the fact that this is calculated based on a 40 hour work week and I don't believe that is ethical or sustainable, we'll just leave it at $34/hour. That would make labor alone $1,020.

This brings the "production cost" to $1,075.

Items are not sold at production cost because that would leave your profit margin at 0%. This is not sustainable because it costs money to run a business (think things like paying for computer repairs, buying tools, the tablecloth you use at markets, paying for a website, etc.). Realistically to cover business costs and still come out with a 7% "net" profit margin, which is just a number pulled from averages in the clothing retail business...

... I'd have to sell that cardigan for $1,350.

So yeah! Something to think about when you see the price of clothes that are handmade. :o)

[finniestoncrane]

Hello Finnie...

Curious...how do you think the rougues would talk to someone who is facing having to move back in with their parents at age 30 due to financial/personal reasons after years of living independently and their self esteem is taking a mahoosive hit 🙃🙃🙃

(I know it's becoming increasingly common nowadays due to cost of living but still...😣)

Asking for a friend...👀

Rogues Headcanons aw anon i feel you, there's nothing like a perceived setback to knock your self-confidence HOWEVER i think you're just being a little harsh on yourself, since you know that it's super common!! but you still deserve comfort and encouragement, and i apologise for how completely sappy i was with this lol 💜 request info • prompt list • send me a request • kofi • masterlist minors DNI!! 🔞 cw: fluff, and sickeningly sweet sentiments i hope!!

two face

i think every rogue can say they've suffered setbacks, but none like harvey

by all accounts he was living the perfect life, doing exactly what he wanted to

and then everything kind of crumbled, and he lost it all

but he built himself back up (albeit... maybe on the wrong side of morality depending on the coin flip)

so he considers himself a figure of encouragement to you!!

and he's also gruffly reminding you that self-esteem can be rebuilt

little by little, piece by piece

whether you feel like you're moving "back" or not

you can start fresh and new

scarecrow

his suggestion is a little less than helpful

mostly because his solution to his own financial issues were to... rob people while wearing a costume

and if you want to go down that route he is MORE than happy to help

but if you want to be sensible about it, he can offer support

someone to listen to you while you talk it all out

and he promises he won't psychoanalyse you too much

or talk in his therapist voice

but if after all that you're still lost, he has extra straw and fabric

poison ivy

is your parent's home like a garden? is it nurturing and safe, with a balanced ph level? do you feel comfortable and familiar?

is your parent's home like an unattended back patio made of slabs? cracks with grass? minimal space to thrive?

either way, plants will grow and plants will live

nature pushes on!! and little flowers take pride in pushing their heads up, their stems stretched

to see everything that's good beyond the things that seem so close and current

and with a little help from her, anyone can grow and become their best self, even if they've been uprooted

mad hatter

nothing in this world is perfect, and nothing goes according to plan

trust him, he knows that. he has experience in that. plenty of it

but you have to believe that it's an integral part to your story

what good would alice in wonderland have been if there had been no conflict

if she hadn't been forced to learn about herself, to undergo traumas and difficulties

all in order to get home, which she did

and you will too! he knows you have a happy ending waiting, your own wonderland to get to as a reward

bane

he's never really known a home, so to him it's actually a nice idea

you've got a backup, a safety net

and yeah, you might never have wanted to use it

but it's never a bad thing to know there's another option

and it takes strength to ask for help, and even more to accept it

and while he's pretty sure he's strong enough physically to do most things

even he has to admire the emotional strength it takes to do what you're doing

so he's giving you a pat on the back and reminding you that things could always be worse

(and that pat on the back might cause bruising)

penguin

what do you need? you need money? you need a place to stay?

he'd be offering it all up to you immediately

what good is money if he can't throw it at his favourite people

keeps them under his thumb, yknow? if they own him one

so yeah it might be a favour he'll call you out on eventually

but rest assured he's not thinking of anything else but "how can i help" and "what do you need/want"

far before he'd make any judgements

it's hard to get where you want in life, he knows that very well

zsasz

have you thought about straight up just murdering everyone?

he's kiding, he's kidding!!

besides, that's his thing. don't steal his thing, or you'll end up as a little tally mark on his skin

HOWEVER his advice would be to find something to focus on that takes your mind off of the perceived negatives

it doesn't have to be wiping out humanity in a nihilistic rampage

it can be anything!! and saving some money on rent and having the comfort of home might be all you need to find something new to become skilled at

just as long as it's not murder!!

mr freeze

it might feel like you're losing something, but there's always something to be gained too

and you never really lose what you had, because it lives on in memories and hopes

it stays with you in your plans for the future, in your dreams of what you want when you get back on your feet

or in his case, frozen in time in a glass tube

not lost, just temporarily out of reach

but he's a vehement believer in perseverance and never losing hope!!

you'll both have what you want soon enough, whether that's something new or gaining what you had

riddler

i won't lie i think he's the most likely to turn his nose up at you

like what do you mean there were unforeseen events that you weren't prepared for?

you didn't have 1588729 backup plans, one of which was for that exact chain of events!?

foolish of you really, though he will concede that not everyone has the brain power to strategise like that

in fact, it really is only him who can... so maybe he should lay off

and offer you some comfort instead, since the thought of having to move in with his parents...

well, it literally terrifies him

harley quinn

listen, she's no stranger to "set backs" in your plans

she's had everything taken from her!!

freedom, lovers, career plans (both respectable and criminal)

but she bounces back! and not just because she's a gymnast

(and also deeply out of touch with the trauma it all caused her)

but she manages it because she believes it'll all get better

and it'll all work out

and she believes that for you too!!

[anarchotahdigism]

I know i say "wear a mask and riot" and "fuck a peaceful protest" but I'd had a nice long post about how digital work and advocacy is praxis (or can be) on my old account. Right now, COVID is spreading and killing thousands of people in the US alone and nearly all """radicals""""" and """""leftists"""" are philosophically no different than the fascists they claim to oppose because they are so thoroughly wedded to eugenics that they refuse to wear and enforce masking. COVID causes long COVID in 10-30% of cases so the so-called US alone may well be a majority disabled nation now due to rampant eugenics forcing the spread of COVID. Long COVID is a rotting death and makes everything an order of magnitude more difficult if you still are able to do the things you were prior. Repeated COVID infections means you're guaranteed to be immunocompromised permanently and disabled in other ways you'll likely find out the hard way. With 40% of cases being asymptomatic and most only showing severe symptoms after 2-3 infections, and many starting to drop dead after 3 to 5 infections, many people accrue damage from and spread COVID without realizing it until it is far, far too late. As a result, it's guaranteed that the ableists have disabled and killed people. They've kept disabled people like me who are high risk out of radical spaces & communities. They've abandoned solidarity for everyone but the abled, ableist middle class while focusing most of their efforts on electoralism, despite the clear and constant failures of such actions. The BLM Rebellion of 2020-2021 had significant---albeit broadly temporary--impacts on electoral politics, society, and communities because it was a constant and ongoing rebellion that was also much more disability inclusive than prior leftist movement moments. For the first time, people recognized the need for remote actions & support because while masking was at the high water mark, more abled people understood that a lot of us disabled could not and would not risk COVID but we had had skills vital to the project. Things disabled people were absolutely critical for during the BLM Rebellion: police scanner observation and transcription, evacuation coordination, event & route planning, translation services, postering, graphics art & design, self defense seminars, radio nets, mutual aid fundraising, mutual aid distribution, bail fund coordination, zine writing, mask & test distributions, contact tracing (remember this??!??!), car brigades, organizing medical supplies, teaching first aid skills, and countless other roles often organized & performed remotely. For every fighter, there are at least a dozen support roles and with some thought and effort, those roles can be aided or done digitally. Posting on its own can be praxis in that it shares information, knowledge, tactics, demonstrates that there are other radicals out there willing to do what they can, normalizes radicalism, and in some cases, regimes pay close attention to internet support.

During the height of the Jina Amini rebellion in 2022, the Iranian regime tried to cut the internet repeatedly to stifle information out of and into Iran to hinder protest coordination and outrage. It also paid extremely close attention to when the rebellion was trending and refrained from reprisals until the mass attention of the internet citizenry turned away. Posting literally helped save lives by forcing the regime to wait, buying people time to organize, prepare, and act accordingly in Iran and internationally. Personally, I will always remember and be grateful for the Palestinians who turned out across the world, but especially in occupied Palestine, for Iranians. Iran is not the only regime that will wait until posts slacken and attention wanes before massacring people. If you are disabled, if you have arrest risks, if for any reasons you don't want to be involved in a radical riot, but you want to support those who can and do, there is so much you can do year round but especially things kick off!! Any skills, resources, knowledge, or support you can organize or contribute is valuable! eSims for Gaza right now are monumental in ensuring Gazans can coordinate information, requests, record Israeli occupation war crimes & apartheid cruelty, and many disabled graphics designers are offering their services in exchange for esim donations. It's been incredible to see.

The people who are against digital activism are ableist and racist and ignorant as hell beyond that. You can make an impact and even save and change lives while homebound. Begging genociders to stop profitable genocides has never and will never work. Riots & boycotts work because they directly confront and attack power and if those actions are supported by communities, they can continue for quite some time, as we saw with the BLM uprising. Regimes do not fall because people ask regime leaders to please stop committing atrocities; they fall when the people are able to bring to bear the sum of their hopes and wrath and bring the fight to those who have been oppressing them. That requires inclusive community & an outright rejection of the regime and its systems of cooptation & recuperation.

If a revolution or movement isn't inclusive, if it excludes the disabled, the poor, the marginalized, the oppressed, it's not a revolution or movement, it's just another genocidal regime change.

[inbabylontheywept]

Master Post of Writings and Series

HFY Science Fiction That Isn't a Ship, It's a Cannon with FTL! Military fiction revolving around space pirates and a railgun someone strapped an FTL drive to. There are three parts, the link above should let you scroll through the whole series. Like Sharks A short fic based on the prompt "Humans are the only ones to actually develop FTL. Everyone else just uses wormholes." The Scattering Experimental piece. I normally do prose, but I tried a poem. Inspired by the Dark Forest Theory. "So...What's the biggest gun you've ever made?" First installment starring Earl, a weapons designer. In this episode he explains the basics of fission-based fusion weapons, their applications in throwing things into orbit. Also stars a horny lobsterman. "R&D? More like R&Deez Nuts" Second installment starring Earl. This is a laser tag fight starring the R&D division, accounting, and sales. There will be male bonding. Or else. "Yeah, sure, and I shit thermite. Be serious." Earl drinks until he pukes. Aliens learn that humans produce hydrochloric acid for digestion. The Vengabus is Coming! A pinned down group of soldiers has to call in a human tank for backup. Shock and awe does not begin to describe it. Hold Your Breath and Burn The bad news is that he's gonna die in space. The good news is that he can make it count. "I will solve you if I must." The last tool of diplomacy is threats. Burning Bridges You don't have to kill a soldier to keep them from being a combatant. "I think we underestimated the scale of the human species by eight or nine orders of magnitude." In which humans turn out to be the swarm. Party Favors Humanity solved mortality. It did not solve boredom. Now it's everyone's problem. Starring my creepiest humans, a lot of drugs, and the leasy sexy descriptions of sex I could make.

HFY Fantasy Small, Fragile, and Destined to Die There's something to be said for spitting in the face of death. Sometimes, literally. "Healing+Lightning=Wizard Launcher" Unconventional spell uses let a wizard punch above his weight. And bite. And kick. Human wizards make a lot of ruckus. An Honorary Troll A wizard fights a troll. It is not a very wizardly fight. I considered it a very loose sequel to the story above it, but both can absolutely be read separately. Dale of the Dales A two part series about a human protecting a town of halflings from an army of gnomes with the power of hospitality, and also being comparatively massive. Why Human's Can't Cast On the properties of superconductors and golden gods. The Thunder God of Honnillee A human is adopted by a halfling. What Talon and What Dreadful Claw Tragedy with a man and a spynx.

Unsorted Fictions Leviathan A necromancer scours the depths of hell for a soul worthy of his creation. He finds more than he bargained for. Odysseus in Space (It's very, very good) Biographical Pieces Soviet Birds A comedy of errors is resolved by the Vessel of Bird Sacrifice. The Kitchen Labyrinth of Missile Science Why does a classified facility with 30 people at it have 7 kitchens? What would you do if I told you it has seven of every kind of room? The Fridges. Oh my God, the Fridges. It also has 20 fridges in it. Obviously. Kevin vs. Intro to Quantum You would be surprised at the kind of intellectual challenges random bystanders can take. I certainly was. Layman walks in and becomes the class mascot. The Condom Bomber In which I fuck up. Videos None of these are narrated by me, but I thought I'd list them here for anyone that prefers listening to reading. Like Sharks, read by Grey Voice. He focuses on smooth reading. Like Sharks, read by Aggro Squirrel. He has a theatrical voice. Like Sharks, read by NetNarrator. He has a fast, clipped style. The Vengabus is Coming & Burning Bridges 2 for 1 by Aggro Squirrel. "Yeah, and I shit thermite. Be serious." by Net Narrator. "So, what's the biggest gun you've ever made?" by Aggro Squirrel.

[robertreich]

The Dark Side of Sports Stadiums

Billionaires have found one more way to funnel our tax dollars into their bank accounts: sports stadiums. And if we don’t play ball, they’ll take our favorite teams away.

Ever notice how there never seems to be enough money to build public infrastructure like mass transit lines and better schools? And yet, when a multi-billion-dollar sports team demands a new stadium, our local governments are happy to oblige.

A good example of this billionaire boondoggle is the host of the 2023 Super Bowl: State Farm Stadium.

That's where the Arizona Cardinals have played since 2006. It was finally built after billionaire team owner Michael Bidwill and his family spent years hinting that they would move the Cards out of Arizona if the team didn't get a new stadium. Their blitz eventually worked, with Arizona taxpayers and the city of Glendale paying over two thirds of the $455 million construction tab.

And State Farm Stadium is not unique. It’s part of a well established playbook.

Here’s how stadiums stick the public with the bill.

Step 1: Billionaire buys a sports team.

Just about every NFL franchise owner has a net worth of over a billion dollars — except for the Green Bay Packers, who are publicly owned by half a million cheeseheads.

The same goes for many franchise owners in other sports. Their fortunes don’t just help them buy teams, but also give them clout — which they cash-in when they want to get a great deal on new digs for their team.

Step 2: Billionaire pressures local government.

Since 1990, franchises in major North American sports leagues have intercepted upwards of $30 billion worth of taxpayer funds from state and local governments to build stadiums.  

And the funding itself is just the beginning of these sweetheart deals.

Sports teams often get big property tax breaks and reimbursements on operating expenses, like utilities and security on game days. Most deals also let the owners keep the revenue from naming rights, luxury box seats, and concessions — like the Atlanta Braves’ $150 hamburger.

Even worse, these deals often put taxpayers on the hook for stadium maintenance and repairs.

We taxpayers are essentially paying for the homes of our favorite sports teams, but we don’t really own those homes, we don’t get to rent them out, and we still have to buy expensive tickets to visit them.

Whenever these billionaire owners try to sell us on a shiny new stadium, they claim it will spur economic growth from which we’ll all benefit.  But numerous studies have shown that this is false.

As a University of Chicago economist aptly put it, "If you want to inject money into the local economy, it would be better to drop it from a helicopter than invest it in a new ballpark."

But what makes sports teams special is they are one of the few realms of collective identity we have left.

Billionaires prey on the love that millions of fans have for their favorite teams.

This brings us to the final step in the playbook: Threaten to move the team.

Obscenely rich owners threaten to — or actually do — rip teams out of their communities if they don’t get the subsidies they demand.

Just look at the Seattle Supersonics. Starbucks’ founder Howard Schultz owned the NBA franchise but failed to secure public funding to build a new stadium. So the coffee magnate sold the team to another wealthy businessman who moved it to Oklahoma.

The most egregious part of how the system currently works is that every dollar we spend building stadiums is a dollar we aren’t using for hospitals or housing or schools.

We are underfunding public necessities in order to funnel money to billionaires for something they could feasibly afford.

So, instead of spending billions on extravagant stadiums, we should be investing taxpayer money in things that improve the lives of everyone — not just the bottom lines of profitable sports teams and their owners.  

Because when it comes to stadium deals, the only winners are billionaires.

[meeeeeeese]

Moose's Guide to Quick and Easy Gold

So I get the vibes in the community here that a bunch of people don't really know all the tips and tricks to making easy money, so I thought I'd do a writeup on some of the small ways I make gold in Guild wars 2

Trick 1: You have wealth you don't know about

An inportant thing about Gw2 is that a lot of the wealth it gives out isn't in actual gold but in materials that you can then sell for gold. For a lot of people I think its easy to just click 'deposit all materials' and then forget about it. For me personally I have only 100 gold in my wallet but If I were to empty out my material storage I'd gain an additional 300 or so gold. The site GW2 efficiency is really helpful for telling you what high value items you might be holding on to, though It takes a bit of setting up.

Trick 2: Sell Orders!

Admittedly this is something I'm bad about, but if you can delay your gratification, but when you sell something don't fulfill someone elses buy order and instead, set up a sell order. I'll give you up to 10% more gold out of everything you sell

Ok now onto the acutal wealth generation methods

Trick 3: Send your least favorite character to the New Kaineng Jumping Puzzle

Jumping Puzzles in EoD reward jade runestones from their final chest, which go for 80 silver on the trading post.

Find the wiki page to get you through the jumping puzzle here, though there are often commanders on the New Kaineng lfg offering teleport to friend transport to the end of the puzzle. Basically you get a character to the end chest and every reset log in on that character and get your free! runestone, almost a gold for ~30 seconds of work

(as a note you only get the runestone once per day per account so don't send multiple characters there)

Trick 4: Leivas Hands out Gold, make sure to collect it

Ok not actually but he may as well. So this guy who hangs out in Arborstone, once you've gotten the Globalization mastery, will sell you 5 antique summoning stones every week for a grand total of 10 green prophet shards, 10 unusual coins, 100 imperial favours, 7000 karma and 1 gold. The summoning stones can then be sold on for ~3 gold each, netting you a profit of 14 gold for going up to an npc and pressing 'f' (or whatever your interact key is)

Trick 5: fast and profitable metas you should be doing daily

Let me introduce you to my favorite wiki page:

the event timers list

This lists out every meta event and world boss that'll be happening soon and all of them will give you at least something, and the meta's from HoT onwards awards you a hero's choice chest that'll contain at least one of these valuable materials to choose from: amalgamated gemstone (60 silver), jade runestone (80 silver), ancient ambergris (1 gold 70 silver) or an antique summoning stone (3 gold). It should be noted the last 3 only appear in the EoD meta's, for all other times choose the amalgamated gemstone.

With that aside there are 3 events in particular that you should try to get done that'll take 10 minutes or less

first up is the Legendary Ley-Line Anomaly, the naked man. The timer's page tells you which zone it'll spawn in and when it does you have to seek it out and murder it. Mounts are very recommended because this thing dies fast. Anyway when you kill it, it drops 2 things: a mystic coin (1 gold 20 silver) and some vendor trash worth 50 silver, pretty gold for 5 minutes of work

next is Dragonstorm. It happens once every 2 hours starting from the eye of the north and affords you the opportunity to beat up Ryland. If you join the public option you join a crowd of up to 50 other people and its easy enough that you could even afk if you wanted (though that would be very rude). Anyway once you murder the champions and blast the dragons you get to watch them share a passionate kiss as the die and you then get 2 gold straight up, 6 memories of aurene (worth 1.5 gold in total) as well as a chance to win the lottery and get ascended weapons or, even rarer, the very expensive eye infusions

Finally is Tequatl the Sunless, a world boss in Sparkfly Fen that awards you 1 gold straight up as well as a chance at an ascended weapon as well as a bunch of materials and unidentified gear

speaking of which all the other events give unidentified gear too and they aren't actually terrible rewards, you can get a pretty penny from selling them.

Trick 6: Daily Rewards

Firstly, just logging in every day gives you a sadly decent amount of income, mostly in laurels and mystic coins. Coins can just be sold if you're after cold, laurels can be spent on a variety of stuff. And if you're looking to turn a profit, HERE are the best ways to do so.

Also, do your daily achievements people, sometimes they're a pain but the daily completionist gives 2 gold as well as 15 achievement points, more than most other achievements in the game. Also they drive you towards content you wouldn't do otherwise (the daily achievements are the reason why I've done most of the jumping puzzles). Also If you're bad at any of the dailies on offer, usually a bunch of other people are also trying to do dailies and they're often willing to help. I see mesmers porting people through the daily JPs all the time.

Trick 7: Spirit shards can be converted to Gold???

I admit, this isn't something I do myself but if you're accumulating spirit shards like I am there are methods to turn them into gold

They're listed HERE

(again, this isn't something I've tried myself, I can't vouch for how well it works and all the methods require a starting amount of gold. But if you're desperate it might be something to consider

But I want more Gold, how do I get it?

If your looking for serious gold farming there are probably better guides than this but here are a few pointers to start raking in the money

1: As far as I understand, Drizzlewood Coast is the most profitable activity in the game, gold per hour wise. Runs take a while and you kind of have to pay attention to maximise gains but, if gold's what you want this is a good option.

2: Look for meta trains, I notice them happening a lot around reset, basically its a group that goes from meta to meta doing them in sequence. There are a few guilds that do them every day so if you see a train, chances are its on at the same time every day. I find them to be pretty chill, offer some nice variety in content and offer good rewards as well.

3: Fractals. Yeah I know this is getting into endgame content but doing T4 fractal dailies every day gives you around 20 gold straight up, a bunch of materials worth even more gold and a decent chance at ascended armor and weapons (and so many ascended trinkets, seriously at this point they get auto-salvaged if they drop)

Apart from that, pretty much everything in this game gives you some amount of rewards, even if they aren't entirely obvious, so don't stress too much, provided you aren't roleplaying in the serrated blade or whatever (Though good on you for having fun!) you're likely earning some amount of income. Even if it's only in materials

[living400lbs]

"Congressional salaries are $174,000. That pay has not increased since 2009; in real dollars, salaries are the lowest they’ve been since 1955. Our health insurance is purchased on the Affordable Care Act exchange. We pay 30% of the premium; the House of Representatives pays 70%, similar to most workplace insurance plans. ... Mandatory pensions take up 4.4% of the salary.... two residences are required; votes keep House members in Washington, D.C., about a hundred days each year. No housing allowance or per diem is paid, and no tax deduction for business housing is permitted. ...

Juxtapose these facts against the misconception that people become rich by serving in Congress. ... Congress is full of multimillionaires for the same reason that the NBA is full of tall people. It’s easier to get recruited and win with such advantages. Serving in Congress does not pad your bank account any more than playing basketball adds inches to your height. While we might accept physical attributes in athletes as natural or desirable, wealth does not give a better perspective for politics. It undercuts the purpose of representative democracy.

Americans rightfully fume that congressmembers trade stocks, convinced that insider information is misused, but we refuse to squarely address the harm that comes from representatives having such wealth in the first place. From 2019 to 2022, over 130 members of the House of Representatives each traded over $100,000 of stock. To trade that dollar volume in a year, these folks are either addicted day traders who cannot manage their money (much less our economy), or—and this is the reality—they own stocks worth many multiples of what they traded.

Representatives who are my peers in age and years of political service—like Cindy Axne, Mike Garcia, Ashley Hinson, Ro Khanna, Tom Malinowski, Blake Moore, Kim Schrier, and Mikie Sherrill—have each traded over $1 million while in office. In my life before Congress, I knew that people with net worths in the tens of millions were not my peers. Pretending they are in Congress is an indignity."

From I Swear: Politics Is Messier Than My Minivan by US Rep Katie Porter

[leveluponabuck]

A not so egg-cellent gift

SO more than likely whether, you're fan or a hater if you've been on TikTok lately, you more than likely have been inundated with the egg apron Ballerina Farm debacle on the platform. I believe it was over a week ago when the internet was on sent into a collective rage when Julliard graduate, pageant winner Hannah Neeleman received only an egg gathering apron from her billionaire heir husband as a birthday gift. The gift in and of itself was not the issue, but instead that Hannah had requested that her (Jet Blue heir) husband take her to Greece for her birthday so that she could have time away from their 8 children. Her husband made the executive decision to give her what he decided she should have a tool to perform for labor for him and his children. Hannah a talented ballerina and former homeschool kid, gently smiled with sad eyes as she politely accepted her "gift". Everyone is in an uproar for Hannah which I get, but instead I think this is a learning opportunity. Here are 5 short takeaways I got from what I am calling the egg apron debacle.\

1. A man having money does NOT mean he is generous. Hannah's husband is a billionaire heir, meaning he's not even having to work hard for the money he receives. Even with his money he still didn't use his resources to give her rest, relaxation, and happiness. Now, this isn't a dog whistle to date broke men, NOT AT ALL. Instead every woman should aim to date a stable, generous man (if she wants to deal with men at all). Misogyny comes in all forms, classes, and races. Be sure that your man sees you as more than just an extension of him.

2. Never give up your education, career, or job for a man simply because of his net worth or promises. At one point I saw a woman say how Hannah at one point built a dance studio on their massive farm, and how it was taken for her in order for it to be a place to homeschool their 8 children. This not only disturbed me, but it also told me what kind of man Hannah married. A man who loves you wants you to have passions for things outside of him and the family you create. A man that loves you will support you pursuing your dreams and not only watch your do it, but help emotionally, financially, and physically to help you achieve your dream. Still have something for you. I believe she actually has the TikTok and blog for herself to earn her own money, hopefully she has a separate account in case she ever needs to leave.

3. Don't compare your entire life to anyone's 30 second reel. So many women of all ages still look up to Hannah Neeleman. She is so accomplished and yet, when she speaks of her life now and her farm. She looks sad, overwhelmed, and overworked. Even with all that said, we don't know her despite how tragic some aspects of her life may look to outsiders, she may look her life. She may be used to her husband ignoring her wishes, she may see meaning in sacrifices she makes. She may have even known that the internet would lose it over her birthday present and may be rage baiting. All we know is what we are allowed to see and even though many women may be able to empathize and even commiserate with her about men, the reality is we don't really know her, her husband, or her real situation.

In the comments tell what you thought about the situation. Did you hear anything about this story? I am excited to discuss this topic.

-Level Up on a Buck

[mostlysignssomeportents]

How Goldman Sachs's "tax-loss harvesting" lets the ultra-rich rake in billions tax-free

Tomorrow (Apr 25) I’ll be in San Diego for the launch of my new novel, Red Team Blues, at 7PM at Mysterious Galaxy Books, hosted by Sarah Gailey. Please come and say hi!

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With the IRS Files, Propublica ripped away the veil of performative complexity disguising the scams that the ultra-rich use to amass billions and billions (and billions and billions) of dollars, paying next to no tax, or even no tax at all. Each scam is its own little shell game, a set of semantic and accounting tricks used to gussy up otherwise banal rip-offs.

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/2023/04/24/tax-loss-harvesting/#mego

The finance sector has a cute name for this kind of complexity: MEGO, which stands for "my eyes glaze over." If you're trying to rip off a mark, you just pad out the prospectus, make it so thick they decide there must be something good in there, the same way that any pile of shit that's sufficiently large must have a pony under it...somewhere.

Propublica's writers haven't merely confirmed just how little America's oligarchs pay in tax - they've also de-MEGO-ized each of these scams, like the way that Peter Thiel used the Roth IRA - a tax-shelter for middle-class earners to help save a few thousand dollars for retirement - to make $5 billion without paying one cent in tax:

https://pluralistic.net/2021/06/26/wax-rothful/#thiels-gambit

One of my favorite IRS Files reports described how Steve Ballmer - the billionaire ex-CEO of Microsoft - laundered vast fortunes into a state of tax-free grace by creating hundreds of millions in "losses" from his basketball team, the LA Clippers. Ballmer paid 12% tax on the $656 million he took out of the Clippers - while the players whose labor generated that fortune paid 30-40% on their earnings:

https://pluralistic.net/2021/07/08/tuyul-apps/#economic-substance-doctrine

That was Propublica's first Ballmer story, back in the summer of 2021. But they ran a followup last February that I missed (it came out while I was on a book tour in Australia), and it's wild: a tale of "loss harvesting," a form of fuckery involving Goldman Sachs that's depraved even by their own standards:

https://www.propublica.org/article/irs-files-taxes-wash-sales-goldman-sachs

Loss farming is a scam that was invented in the 1920s, whereupon it was promptly banned by Congress. But Goldman and other plutocrat Renfields have come up with tiny modern variations on this century-old con that the IRS is either unable or unwilling to address.

Here's how it works. Say you've got a stock portfolio where some of the stocks have gone up and others have gone down. You want to sell the high stocks and hang onto the low ones until they bounce back. But if you sell those stocks that have gone up, you have to "realize" the profit from them and pay 20% capital gains tax on them (capital gains tax is the tax you pay on money you get from owning things; it's much lower than income tax - the tax you pay for doing things).

But you pay tax on your net capital gains - the profits you've made minus the losses you've suffered. What if you sold those loser stocks at the same time? If you made a million on the good stocks and lost a million on the bad ones, your net income is zero - and so is your tax bill.

The problem is that selling stocks when they've gone down is a surefire way to go broke. Every investing book starts with this advice: you will be tempted to hold onto your stocks that are going up, because they might continue to go up. You'll be tempted to sell your stocks that are going down, because they may continue to go down. But if you do that, you'll only sell the stocks that have lost money, and never sell the stocks that have made money, and so you will lose everything.

Back when the pandemic started, your shares in movie theater chains were in the toilet, while your stock in tech companies shot through the roof. If you sold the tech stocks then and held onto your movie stocks and sold them now, you'd have cleaned up - today, tech stocks are down and movie theater stocks are up. But if you sold the cinema shares when they bottomed out, and held onto your tech stocks when they were peaking, you'd be busted today.

So selling your loser stocks to offset the gains from your winners is a bad idea. That's where loss-farming comes in: what if you sold your tech stocks at their peak, and sold your bottomed-out cinema stocks at the same time, but then bought the cinema stocks again, right away? That way you'd have the "loss" from selling the cinema stocks, but you'd still have the stocks.

That's called "wash trading," and Congress promptly banned it. If you've heard of wash-trading, it's probably something you picked up during the NFT bubble, which was a cesspit of illegal wash-trading. Remember all those eye-popping NFT sales? It was just grifters with multiple wallets, buying NFTs from themselves, making it seem like there was this huge, white-hot market for monkey JPEGs. Wash-trading.

Turns out that crypto really did democratize finance...fraud.

Wash-trading has been illegal for a century, but brokerages have invented modern variations on the theme that are legal-ish, and the most lucrative versions of these scams are only available to billionaires, through companies like Goldman Sachs.

There are a bunch of these variations, but they all boil down to this: there are lots of ways to sell an asset and buy it again, while making it look like you bought a different asset. Like, say you're invested in Chinese tech companies through an exchange-traded fund (ETF) that bundles together "all the Top Chinese tech stocks."

Maybe you bought this fund through Vanguard, the giant brokerage. Now, say Chinese stocks are way down, because the Chinese government is doing these waves of lockdowns on the factory cities. If you could sell those Chinese stocks now, you'd get a massive loss, enough to wipe out all the profits from all your good stocks.

But of course, China's going to figure out the lockdown situation eventually, so you don't want to actually get rid of those stocks right now, especially since they're worth so much less than you paid for them. So right after you sell your Vanguard Chinese tech ETF shares, you buy the same amount of Schwab's Chinese tech-stock ETF.

An ETF of "leading Chinese tech companies" is going to have basically the same companies' stock in it, no matter whether it's sold by Vanguard, State Street or Schwab. But as far as the IRS is concerned, this isn't a wash-trade, because you sold a thing called "Vanguard ETF" and bought a thing called "Schwab ETF" and these are different things (even if the main difference is the name on the wrapper, and not what's inside).

There's other ways to do this. For example, lots of companies have different "classes" of stock. Under Armour sells both Class A (voting) and Class C (nonvoting) stocks. Though voting stock is worth a little more than nonvoting stock, they both rise and fall together - if the Class A shares are up 10%, so are the Class C shares. So you can dump your Under Armour Class A's, buy Under Armour Class C's and own essentially the same amount of Under Armour stock - but as far as the IRS is concerned, you just sold your interest in one company and bought an interest in a different company, and you can take a big loss and write down your profits from other stock trades.

The IRS does prohibit wash-trading, but only in the narrowest sense. Brokerages are obliged to report trades in which a customer buys and sells exactly the same security, with the same unique ID (the CUSIP number), within 60 days. Beyond that, IRS guidance is extraordinarily wishy-washy, calling on filers to "consider all the facts and circumstances" of their transactions. Sure, that'll work.

Propublica found zero instances of the IRS targeting any of these trades, ever, for enforcement. That's especially true of the most egregious version of loss-harvesting, a special version that only the ultra-rich can take advantage of, called "direct indexing." You might know about "index funds," where a brokerage sells a single fund that tracks a broad index of stocks - for example, you can buy an S&P 500 index that goes up and down with the total value of the top 500 stocks in America.

Direct indexing is something that giant banks like Goldman Sachs offer to their very richest clients. The brokerage buys a mix of stocks that are likely to track the whole index, and puts those shares directly into the client's account. Rather than owning shares in a fund that owns the stocks, you own the stocks directly. That means that when you want to harvest some losses, you can sell just a few of the stocks in the index, rather than your shares in the whole fund.

Here's how that works. In 2017, the US index was up 20%; global indexes were up even more. Steve Ballmer made a bundle. But Goldman Sachs, acting on Ballmer's behalf, sold s few of the stocks in the portfolio and harvested a $100,000,000 loss, that Ballmer could use to trick the IRS into treating his massive profits as though he'd made very little taxable income.

Goldman uses a whole range of tricks to keep billionaires like Ballmer in a lower tax-bracket than the janitors who clean the floors after his team's games. They not only buy and sell different classes of stock in companies like Discovery and Fox; they also buy and sell the same company's stock in different countries. For example, they sold Ballmer's shares in Shell in one country, and then immediately bought the same amount of shares in another country. The IRS doesn't treat this as a wash-trade, despite the fact that the shares have the same value, and, indeed, companies like Shell routinely merge their overseas and domestic shares with no change in valuation.

Thanks to Goldman's ruses - and the IRS's willingness to accept them - Ballmer's wealth has swollen to grotesque proportions. He generated $579 million in losses from 2014-18, and as a result, got to keep at least $138m that he'd have otherwise had to pay to the IRS.

Goldman's not the only one in on this game: Iconiq Captial - a firm that also offers marriage partner scouting for its richest clients - has $13.2 billion under management on behalf of just 337 people. Among those high-rollers: Mark Zuckerberg, whose $88m in gains from Iconiq investments were offset by $34m in imaginary losses that the company manufactured with wash-trades.

In theory, the simplest form of wash-trading - selling your Vanguard China fund and buying a Schwab China fund - is available to any investor. Leaving aside the fact that the top 1% of Americans own most of the stock, this is still a deceptive proposition. This kind of wash-trading only benefits investors who hold their shares outside of a sheltered retirement account, which is a vanishing minority indeed.

Instead, the primary beneficiaries of this activity are the usual suspects: convicted monopolists like Ballmer, or useless scions of wealthy families, like the kids of Walmart founder Sam Walton, who emerged into this world through very lucky orifices and are thus effectively exempt from the need to work or pay tax for life.

Jim Walton is Sam Walton's youngest orifice-lottery-winner. Young Jim saw a $10 billion increase in his wealth from 2014-18, making him the tenth richest person in America. Thanks to wash-trading, he declared only $111 million of that $10 billion on his taxes, and paid $0.00 in tax on that $10 billion gains.

One way that the rich are especially well-situated to exploit loss-harvesting is in converting short-term gains - which are taxed at 40% - into long-term gains, which are taxed at 20%. For people who make a lot of money buying and selling shares as pure speculation, flipping them in less than a year, wash-trading can create the appearance of long-term holdings. Analyzing their trove of leaked IRS files, Propublica showed that Americans who report over $10 million in income almost never report short-term gains. Instead, two-thirds of the richest Americans report short-term losses.

One fascinating wrinkle is that rich people may not even know this is going on. Whatsapp co-founder Brian Acton, managed to "lose" $2.9 million  when he sold $17 million in shares - the same day he bought $17 million in shares in nearly the same companies from another brokerage. Then, a few months later, he reversed those transactions, selling his new fund and buying the old one and harvesting another $600,000 in losses.

When Propublica asked Acton about this, he told them he was "not really aware of any events like that...Broadly my wealth is managed by a wealth management firm and they manage all the day to day transactions."

This is completely believable and consistent with the extraordinarily frank account of how elite money-management works that Abigail Disney described in 2021, where the ultra-rich are insulated from the scams, tricks and wheezes that lawyers and accountants dream up to keep their fortunes steadily mounting with no action needed on their part:

https://pluralistic.net/2021/06/19/dynastic-wealth/#caste

Could the IRS block this kind of wash-trading? Yes, but they'd need action from Congress. The most effective way to do this would be to force shareholders to "mark to market" the value of their holdings, taxing them each year on the fluctuations in their portfolio.

Propublica notes that this is incredibly unlikely to happen, though. As an alternative, Congress could change the rule that blocks investors from claiming losses when they buy and sell "substantially identical" shares with a rule that applies to "substantially similar" stocks. This proposal comes from Columbia Law's David Schizer, who says the law "ought to be updated to reflect how people invest today instead of how they invested 100 years ago."

But for any of that to have an effect, the IRS would have to change its auditing and enforcement practices, which currently see low-income earners (who can't afford fancy tax-lawyers who'll tie up the IRS for months or years) being disproportionately targeted, while America's super-rich, ultra-rich, and stupid-rich are allowed to submit the most hilariously, obviously fictional returns and get away with it.

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Catch me on tour with Red Team Blues in San Diego, Burbank, Mountain View, Berkeley, San Francisco, Portland, Vancouver, Calgary, Toronto, DC, Gaithersburg, Oxford, Hay, Manchester, Nottingham, London, and Berlin!

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[Image ID: A dilapidated shack. A sign reading 'Internal Revenue Service Building' stands next to it. From its eaves depends another sign, reading 'Internal Revenue Service' and bearing the IRS logo. From the window of the shack beams the grinning face of billionaire Steve Ballmer. Behind the shack is a DC avenue terminating in the Capitol Dome.]

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Image: Matthew Bisanz (modified) https://commons.wikimedia.org/wiki/File:NYC_IRS_office_by_Matthew_Bisanz.JPG

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

--

Ted Eytan (modified) https://commons.wikimedia.org/wiki/File:2021.02.07_DC_Street,_Washington,_DC_USA_038_13205-Edit_%2850920473547%29.jpg

CC BY-SA 2.0 https://creativecommons.org/licenses/by-sa/2.0/deed.en

--

Bart Everson (modified) https://www.flickr.com/photos/editor/1287341637

Eric Garcetti (modified) https://commons.wikimedia.org/wiki/File:Steve_Ballmer_2014.jpg

CC BY 2.0 https://creativecommons.org/licenses/by/2.0/

[exitrowiron]

Nerd Alert Doing the Math

How do retired accountants waste their time? Well, speaking for myself, I like to over-analyze personal investments. When building our house we installed a large solar system. We are concerned about climate change and the ROI calculation from the solar installation company made the investment look attractive. The ROI calc assumed that energy costs would increase 4% per year; at the time I felt that forecast was too aggressive, but even with a lower estimate of electricity rate inflation the investment still made sense based on the amount of power the system was supposed to generate.

Now that a full year has passed I'm able to finally calculate how closely our actual production and savings matches the solar company's estimate and the answer isn't good.

Here's the summary of the comparison; our production and savings are 34% and 36%, respectively, lower than the forecast. That's very disappointing and likely the result of the 3-4 months when our panels are covered in snow. I think it was misleading at best and dishonest at worst to not adjust the estimates for the amount of snowfall our area gets every year.

The more important financial analysis compares the opportunity cost of the original investment $44,638 (net of tax credit)- i.e. what could I earn in a comparable low-risk investment over the same 25 year life of the system? Again, the answer isn't promising. In order for the solar system to save me as much as I could earn in a no-risk 30 year treasury (currently yielding 4%), energy costs have to increase by 3.73% every year for 25 years - I think (hope) that is unlikely.

From a purely financial perspective, unless energy costs in our area skyrocket or we get considerably less snow, I have to conclude that solar systems are not a good investment in our area and would be a terrible investment if not for the tax credit.

Having said all that, I don't regret installing our system because I like to think that we're helping the environment, but solar still has to improve (cost or efficiency) before it is a slam dunk investment everywhere.

[mariacallous]

Two months ago, Lin Rui-siang, a young Taiwanese man wearing black-rimmed glasses and a white polo shirt, stood behind a lectern emblazoned with the crest of the St. Lucia police, giving a presentation titled “Cyber Crime and Cryptocurrency” in nearly fluent English to a roomful of cops from the tiny Caribbean country.

The St. Lucia government would later issue a press release lauding the success of Lin's training course, which had been organized by the Taiwanese embassy, where Lin worked as a diplomatic specialist in IT. The statement boasted that 30 officers had learned “nuances of the dark web" and cryptocurrency tracing skills from Lin, who had “used his professional background and qualifications in the field" to teach them how to better combat cybercrime.

Only earlier this week did it become clear exactly what Lin's “professional background and qualifications in the field” allegedly entailed, seemingly unbeknownst to either his Taiwanese employers or his St. Lucian law enforcement trainees. For nearly four years, according to the US Justice Department, 23-year-old Lin ran a dark-web drug market called Incognito that authorities say enabled the sale of at least $100 million worth of narcotics, ranging from MDMA to heroin for cryptocurrencies including bitcoin and monero. That was before Lin's alleged theft of his own users' funds earlier this year and then his arrest last week by the FBI in New York's JFK airport.

Over his years working as a cryptocurrency-focused intern at Cathay Financial Holdings in Taipei and then as a young IT staffer at St. Lucia's Taiwanese embassy, Lin allegedly lived a double life as a dark-web figure who called himself “Pharoah" or “faro”—a persona whose track record qualifies as remarkably strange and contradictory even for the dark web, where secret lives are standard issue. In his short career, Pharoah launched Incognito, built it into a popular crypto black market with some of the dark web's better safety and security features, then abruptly stole the funds of the market's customers and drug dealers in a so-called “exit scam” and, in a particularly malicious new twist, extorted those users with threats of releasing their transaction details.

During those same busy years, Pharoah also launched a web service called Antinalysis, designed to defeat crypto money laundering countermeasures—only for Lin, who prosecutors say controlled that Pharoah persona, to later refashion himself as a crypto-focused law enforcement trainer. Finally, despite his supposed expertise in cryptocurrency tracing and digital privacy, it was Lin's own relatively sloppy money trails that, the DOJ claims, helped the FBI to trace his real identity.

Among all those incongruities, though, it's the image of Lin giving his cryptocurrency crime training in St. Lucia—which Lin proudly posted to his LinkedIn account—that shocked Tom Robinson, a cofounder of the blockchain analysis firm Elliptic, who has long tracked Lin's alleged Pharoah alter ego. “This is an alleged dark-net market admin standing in front of police officers, showing them how to use blockchain analytics tools to track down criminals online,” says Robinson. “Assuming he is who the FBI says he is, it's incredibly ironic and brazen.”

Pharoah the Kingpin—and Extortionist

Lin has been charged with not only narcotics conspiracy and money laundering but also running a “continuing criminal enterprise,” the so-called “kingpin statute” reserved for organized crime leaders who allegedly oversaw at least five employees. For that charge alone, he faces a potential life sentence.

In the DOJ's criminal complaint against Lin, it points to a handwritten document the FBI pulled from his email, which appears to sketch out a flow chart for a dark-web market's mechanics. The complaint's FBI affidavit says Lin emailed himself the sketch in March 2020 when he was at most 19 years old. It describes functionality such as how “vendors” and “buyers” would register, make purchases, and encrypt shipping addresses. Seven months later, Lin would allegedly launch Incognito Market.

According to the FBI, the market took nearly a year to catch on, with virtually no sales during that time. But by late 2021, Incognito had started to attract users, and by the middle of 2022, the market had drawn enough vendors and sellers to generate more than $1.5 million a month in sales.

A 2022 Twitter thread about Incognito posted by Eileen Ormsby, an author of several dark-web-focused books including The Darkest Web, shows how the market by that time had added features that may have helped it to catch the attention of security- and safety-conscious users. It required that new users demonstrate they could use the encryption tool PGP before entering the market, prompted them to take a security quiz, allowed buyers to spend the more privacy-focused cryptocurrency monero as well as bitcoin, encouraged dealers to post results from a fentanyl test to certify their product was “fent free,” and even experimented with democratic voting for market-wide decisions.

By the summer of 2023, Incognito had spiked in popularity and was approaching $5 million a month in sales. Then in March of this year, the site suddenly dropped offline, taking all the funds stored in buyers' and sellers' wallets with it. A few days later, the site reappeared with a new message on its homepage. “Expecting to hear the last of us yet?” it read. “We got one final little nasty surprise for y'all.”

The message explained that Incognito was now essentially blackmailing its former users: It had stored their messages and transaction records, it said, and added that it would be creating a “whitelist portal” where users could pay a fee—which for some dealers would later be set as high as $20,000—to remove their data before all the incriminating information was leaked online at the end of this month. “YES THIS IS AN EXTORTION!!!” the message added.

In retrospect, Ormsby says that the site's apparent user-friendliness and its security features were perhaps a multiyear con laying the groundwork for its endgame, a kind of user extortion never seen before in dark-web drug markets. “Maybe the whole thing was set up to create a false sense of security,” Ormsby says. “The extorting thing is completely new to me. But if you've lulled people into a sense of security, I guess it's easier to extort them.”

In total, Incognito Market promised to leak more than half a million drug transaction records if buyers and sellers didn't pay to remove them from the data dump. It's still not clear whether the market's administrator—Lin, according to prosecutors, whom they accuse of personally carrying out the extortion campaign—planned to follow through on the threat: He appears to have been arrested before the deadline set for the victims of the Incognito blackmail.

An Expert in ‘Anti Anti-Money Laundering’

At the same time the FBI says Lin was laying the groundwork for this double-cross, he also appears to have briefly tried engineering an entirely different scheme. In the summer of 2021, during Incognito Market's relatively quiet first year, Lin's alleged alter ego, Pharoah, launched a service called Antinalysis, a website designed to analyze blockchains and let users check—for a fee—whether their cryptocurrency could be connected to criminal transactions.

In a post to the dark-web market forum Dread, Pharoah made clear that Antinalysis was designed not to help anti-money-laundering investigators, but rather those who sought to evade them—presumably including his own dark-web market's users. “Our goals do not lie in aiding the surveillance autocracy of state-sponsored agencies,” Pharoah's post read. “This service is dedicated to individuals that have the need to possess complete privacy on the blockchain, offering a perspective from the opponent's point of view in order for the user to comprehend the possibility of his/her funds getting flagged down under autocratic illegal charges.”

After independent cybersecurity reporter Brian Krebs wrote about the Antinalysis service in August 2021, describing it as an “anti anti-money laundering service for crooks,” Pharoah posted another message complaining that Antinalysis had lost access to its blockchain data source, which Krebs had identified as the anti-money-laundering tool AMLBot, and that it would be going offline. “Stay posted and fuck LE," Pharoah wrote, using the abbreviation LE to mean “law enforcement.” Antinalysis eventually returned, however, and pivoted last year to acting instead as a service for swapping bitcoin for monero and vice versa.

Meanwhile, Lin appears to have maintained his obsession with cryptocurrency tracing and blockchain analysis: His final LinkedIn post last week before his arrest in New York announced that he had become a certified user of Reactor, the crypto tracing tool sold by blockchain analysis firm Chainalysis. “I'm excited to share that I've completed Chainalysis's new qualification: Chainalysis Reactor Certification (CRC)!” Lin wrote in Mandarin. His last X post shows a Chainalysis diagram of money flows between dark-web markets and cryptocurrency exchanges.

It's not clear whether Lin obtained his Chainalysis certification to bolster a new career training law enforcement in blockchain analysis or, if US prosecutors are to be believed, to advance his previous alleged career as a dark-web criminal. But it raises the troubling possibility that a former dark-web kingpin—one who was still extorting his own users—was perhaps playing both sides of the crypto tracing game, says Elliptic's Tom Robinson.

“There’s a larger issue here about bad actors accessing blockchain analytics tools,” says Robinson. “That is a potentially risky situation, where someone who’s in the process of laundering proceeds of crime can check in commercially available tools whether they have laundered them such that they can get away with it.” Running certain checks in those tools might even allow someone to determine if they're being actively investigated by law enforcement, Robinson says.

WIRED reached out to Chainalysis to ask about Lin's Reactor certification and what sort of safeguards prevent criminals from using the company's software, but the company declined to comment.

If Lin did hope to evade law enforcement by becoming an expert in crypto tracing himself, he was far too late to avoid creating his own blockchain trail of evidence: In January of this year, the FBI says it somehow identified a central Incognito server and obtained a search warrant for its contents. That allowed investigators to identify a bitcoin wallet stored there, which the FBI says Lin had also carelessly used to pay web registrar Namecheap for four web domains—including one that tracked which dark-web markets were online or down—and register them under his own name.

Although the FBI says Lin tried to swap his bitcoins for harder-to-trace monero before cashing out the cryptocurrency at an exchange, the criminal complaint points to timing and amount correlations that nonetheless allowed the FBI to follow his funds to a crypto exchange where he allegedly liquidated the dirty funds. That exchange account, too, was registered in Lin's real name, according to the DOJ.

The operational security mistakes the FBI describes suggest that, regardless of which side of the cryptocurrency cat-and-mouse game Lin intended to end up on, he was far from a criminal mastermind. His brief, strange journey from alleged kingpin to crypto crime expert ultimately provides plenty of lessons to criminals and law enforcement alike—though probably not the ones he intended.

[babyspacebatclone]

So, I’ve been thinking of this one meme tweeted by Elon Musk re: people’s reactions to the changes he wants to make to Twitter.

(see second post for discussion re: creation of meme)

And I can’t help but be continually shocked by how, on every level I can conceive, it just completely shows how clueless Musk is.

Every element of this meme is deliberately insulting to the Twitter user base, and you do not keep customers when you continually insult them.

I just - this is stupid, Musk. This is stupid, and it makes you stupid, and why can’t you accept that you’re the problem here when this is what you are trying to do???

I’m going to break this up into multiple posts, because this essay is going to be long.

Let’s start with what should be the most basic element for Musk, economics.

What this meme shows, reactions to two products/services priced at $8 usd, is a discussion of perceived value. What Musk is attempting to highlight is that a Starbucks coffee, which offers a limited time enjoyment (marked as 30 minutes for $8 usd) should not be perceived as superior to a month of Twitter account verification.

And this is just - I can’t even. There is no correlation between the perceived value of a (admittedly overpriced) coffee and account verification.

They fulfill two different needs for people. For most of the Twitter userbase, an enjoyable caffinated drink functions within the “Safety Needs” of Maslow’s Hierarchy of Needs.

And I am not exaggerating or mocking that.

These “luxury” items are less vital than the basic physiological need of “food,” but nevertheless fulfill a necessary need in relieving anxiety, pressure, and distress. They are reprieves from work, a reliable constant that helps defend against the grinding weight of everyday life.

A favored drink allows someone to reconnect with themselves and gain strength to face the world, and I repeat: this is not exaggeration. These rituals of “the daily coffee” and similar are modern versions of prayer in a society that deemphasizes the spiritual, a touchstone of peace.

Now, social media itself fulfills this exact function for many, many people - reading memes, news, and the escape of five or ten minutes of scrolling go beyond just the connection with friends. It is a ritual of stress reduction (even if in practice, much like caffeine consumption, it may end up having a net negative effect).

Relating paying a subscription for social media access to a ritual drink is, therefore, very comparable for how they function within the life of many in Twitter’s user base.

But this is where the perceived value needs to be considered: Is Twitter, in its current format, worth $8 usd a month in comparison with its competitors? When Tumblr and Facebook and multiple alternatives exist that remain free, could Twitter justify its service for this cost?

That is a question I cannot answer. But if I am uncertain how feasible a subscription for use remains valuable, I can blatantly say account verification - which is not required for Twitter use - fails to provide equal perceived value to a stress-reduction ritual drink.

Account verification is not stress reduction, not a security benefit, it even a belonging requirement.

It falls within Esteem Needs for the core population of Twitter users: an emblem of pride.

Now, this is a different matter for corporations and public personas: Verification is part of their ability to interact with customer bases (including fans) in a reliable manner.

Verification is significant for individuals such as Ryan Reynolds and Stephen King, and I shall leave the judgement of perceived value to public personalities to them and other celebrities.

But Elon Musk, by comparing Account Verification to what is often a deliberate security ritual, demonstrates a complete lack of understanding of the perceived value of Twitter functions to average, non-public users.

He is proving, in a very self-defeating manner, how unsuitable he is to providing a user experience a large segment of Twitter users find valuable.

And without non-public individuals supporting the platform, professional entities have no reason to use it either.

Economically, showing this meme proves Elon Musk is incapable of keeping Twitter a relevant social media platform.