#Aug 26 2024
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shimomcdragon · 5 months ago
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finished this freaks design
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louk419 · 5 months ago
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From his home studio in London, Richard Armitage talks about the inspiration for The Cut, the power and intimacy of audiobooks, how he sets goals, and much more in this Bestseller Experiment podcast.
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shysheeperz · 5 months ago
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HAPPY FIFTH ANNIVERSARY YOZAFAM!!!🎉
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maraczeks · 5 months ago
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mikeywayarchive · 2 months ago
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king_contraryman and shoot_thescreens: @shoot_thescreens really began when I took this second pic of @mikeyway @mychemicalromance in 2022.  It was his relentless bro support that made me think I could be a good photographer and it was him and @beemer138 & @rogergastman that convinced me to go off brand from “the dude that shoots bands on his phone” to something more — Here now is me with an actual honest to goodness camera.  I will never stop being grateful for my friends and pushing myself creatively. See you in the (photo) pit. 🤘 @danbassini for the help :)
THANK YOU @mychemicalromance @gerardway @mikeyway @raytoro @frankieromustdie 🖤
[Oct 30, 2024]
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thetanzanitequill · 1 year ago
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Hello!
-- ON HIATUS --
Taking a break from Tumblr. It's become a distraction from my walk with God, and it's not so great for my mental health. I'll miss you guys and pray for you! Take care of yourselves!!
...you can still read the rest if you really want XD
----
Call me Tansy or Quill, I'll answer to either.
I'm a Christian who likes to draw and write about my favorite characters!
Right now that's LoZ/LU :)
I'm a girl, so she/her.
And yes, I'm an adult.
Some important things to know about this blog:
1. I will not be reblogging OR ANSWERING anything with language not appropriate for kids. (and no NSFW please!) You are free to say whatever you want, just be aware it won't be going on my blog :)
2. I'm not trying to offend anyone, but I won't shy away from the truth or my beliefs if you ask about them.
3. I'm only around at various and random intervals, but for sure not on Sundays :)
I promise this sounds way worse than it actually is. 😅
If you're still here (lol), here's the fun stuff:
- My favorite color is blue
- I LOVE crossovers and aus! (maybe too much lol)
- My art tag is #quill doodles
- My writing tag is #quill writes
Don't worry if it's a little empty right now, I'll add more as I go. :)
Hope to see you around!
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msbarrows · 5 months ago
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Aug 25 - Jinxed myself by saying I was past the danger of having to restart (or greatly backtrack) my Anno 1800 save. Hit a point where I was once again losing way too much money and started dropping from that high of almost 30 million. Was a bit over 20 million by the time I stopped playing for the day. Argh.
Supper was chunks of hot Italian sausages sauteed with onions, green peppers, butternut squash, potatoes, green beans, and carrots.
Aug 27 - Earnings freefall continued for a big chunk of this evening's play. Dropped down to around 12 million before I finally started trending more up than down again. At one point I was consistently in the red at 50-75k. Ouch. But once I got it turned around at last I was booming along at earning 30-50k, not counting selljng-to-NPC spikes, yay! Finished a long play session (it's so late it's early) back up to around 24 million.
For supper I sliced up a pork tenderloin and cooked it with onions, pineapple, ginger, and soy sauce. Served it over rice with steamed mixed veg.
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blanked007 · 5 months ago
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في رأيي لو كانت الحياة كلمة ليها لون فهو اللون الأخضر بكل درجاته وتفاصيله وجماله، لون قادر يحسسك إنك عايش وبتتنفس الهوا لأخر مللي في رئتك.. شكراً يارب على كل النعم الجميلة دي 💚
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earnpaytmcash · 5 months ago
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courtana · 6 months ago
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📸 original photograph by Nikolas Gannon on Unsplash.
N.B.: These are all Palestinian fundraisers who have reached out to my inbox or my side-blog's inbox (@videogamepoc) from 21 July 2024 until 25 July 2024. More masterlists will be made for more campaigns. I cannot compile all of them in one text post due to tumblr's restrictions on the number of links per text post; therefore, this is a finalized masterlist.
These fundraisers are roughly listed in the chronlogical order in which I've received them. They have all been verified by other Palestinian accounts active on Tumblr. I am not vetting any myself, as I am not qualified. If you have a question of whether a fundraiser is vetted or would like to have one vetted, please ask another account that is able to do so. I’ll also be updating these as I get new asks.
See fundraisers from 25-26 of July here See fundraisers from 26 of July–Aug 3 here
—————
Donate to Khader & Ragheb • @khaderabushaban • verified by sayruq • €2,169 of €55,000
Donate to Amira • @ameera-anq • verified by ibtisams • €15,014 of €20,000
Donate to Fadi Ayyad • @aymanayyad81 • verified by nabulsi • $26,613 of $35,000
Donate to Hani Al-Sharif • @haniibrahimsh • verified by nabulsi • $3,629 of $50,000
Donate to Mohammed Alanqer • @mohammedalanqer •verified by nabulsi & 90-ghost • €42,676 of €58,000
Donate to Ahmed Alanqer • @ahmedabuyamin • verified by nabulsi • €16,338 of €35,000
Donate to Kareem & Carmen • @adham-89 • verified by ibtisams • $8,539 of $50,000
Donate to Walaa & her family • @burningnightgiver • verified by 90-ghost • $3,405CAD of $50,000
Donate to the Shamaly family • @familydeea • verified by nabulsi • $24,112CAD of $90,000
Donate to Basel Ayyad • @basel-1995 • verified by el-shab-hussein & nabulsi (#214) • CHF4,110 of CHF60,000
Donate to Ashraf Alanqar • @ashrafanqer • verified by 90-ghost • €9,393 of €30,000
Donate to Musab Abedraboo • @musababed • verified by 90-ghost • €1,572 of €7,000
Donate to Ahmed & his family • @ahmed-ziad • verified by nabulsi • £6,220 of £30,000
Donate to Alaa and her children • @alaakh9 • verified by ibtisams • €2,995 of €20,000
Donate to Dr. Mohammed Aldeeb • @mohammedaldeeb • verified by el-shab-hussein • €27,265 of €30,000
Donate to Mahmoud Khalaf • @mahmoudkhalafff • verified by el-shab-hussein & nabulsi • €14,326 of €30,000
Donate to Bilal Abed Rabou • @bilalassadabedrou • verified by 90-ghost • €2,797 of €80,000
Donate to Iyad Sami • @eyadeyadsblog • verified by northgazaupdates • CHF8,957 of CHF20,000
Donate to Wafa • @wafaaresh • verified by ana-bananya • €2,818 of €100,000
Donate to Muhammad Shehab • @mohammedshehabnew • verified by 90-ghost • €1,660 of €25,000
Donate to Reem Shebab's family • @malakshehab • verified by el-shab-hussein • €24,347 of €50,000
Donate to Suheir Hojok • @neverhate2024 • verified by el-shab-hussein & nabulsi (#71) • $39,061AUD of $70,000
Donate to Ahmed Abu Shammalah's family • @ahmed8311 • verified by el-shab-hussein & nabulsi (#161) • €10,748 of €100,000
Donate to Muhammad Atalla • @mohammed-atallah • verified by 90-ghost • €4,041 of €82,000
Donate to Moamen Majed • @moamenmajed99 • verified by 90-ghost • $5,727 of $30,000
Donate to Farah & her sister • @farahmoo • verified by nabulsi • €185 of €20,000
Donate to Mohammed Hijazi • @save-hijazi-family • verified by 90-ghost & northgazaupdates • €2,744 of €20,000.
Donate to Mohammed Hussein Ismaeel • @m0hammed1 • verified by ibtisams • €5,721 of €25,000
Donate to Ola • @olagaza • verified by el-shab-hussein & nabulsi (#205) • $7,593 of $20,000
Donate to Mohammed Shurrab • @684599 • verified by 90-ghost • €735 of €100,000
Donate to Munna Tashmali • @monashamali • verified by nabulsi • £4,962 of £30,000
Donate to Reham & Mohammed Hassouna • @rehamoworld • verified by 90-ghost • £380 raised of £35,000 goal
Donate to Karam Rafiq Al-Nabih • @karamrafeek • the Watermelon Warriors' Fundraiser List (#75) • €11,098 of €20,000
Donate to Ahmed & Abedelrahman Al-Nabih • @ahmedalnabeeh11 • verified by el-shab-hussein and nabulsi (#218) • €14,445 of €30,000
Donate to Shymaa Taiser • @shymaafamily • verified by el-shab-hussein and nabulsi (#141) • $8,020 of $50,000
Donate to Doaa Jad Al-Haq • @free-gaza2 • previous account verified by 90-ghost • $1,175 of $1,700
Donate to Abdul Muti Al-Habil • @abdelmutei • verified by 90-ghost • €1,232 of €50,000
Donate to Kariman Dohan • @karemandohan2 • verified by 90-ghost • $1,359 of $50,000
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nyc-looks · 4 months ago
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Bryant, 26
“I’m wearing a tee from a beach store in Florida, a silk skirt thrifted at Beacon’s Closet, and Steve Madden boots. My fashion is inspired by the music scene, films, and New York City.”
Aug 23, 2024 ∙ Chelsea
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louk419 · 5 months ago
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From the Bestseller Experiment podcast Ep519: Richard Armitage Returns -- “Hobbits, Audiobooks and How to Manifest Your Dreams,” Rich chats about his second Audible Original, The Cut.
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https://youtu.be/eHHdw3U_qL4?si=oM7g0KggMHU4QFtC
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liatkolink · 3 months ago
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For people still in denial whether Israel has committed war crimes, here is a comprehensive list of war crimes Israel has committed both before and after Operation Al-Aqsa Flood, the list being taken from the Wikipedia article of war crimes with some notable missing examples being the usage of chemical weapons, famine, disease and apartheid. The 7th of October attack did not occur in a vacuum, but is the product of decades of Israel not being held accountable for its war crimes.
Killing civilians:
Israel/Palestine: Unlawful Israeli Airstrikes Kill Civilians by Human Rights Watch on 15/Jul/2014
‘Not a normal war’: doctors say children have been targeted by Israeli snipers in Gaza – The Guardian on 2/Apr/2024
Israeli attack on Rafah tent camp kills 45, prompts international outcry by Reuters on 27/May/2024
Intentionally killing PoWs:
Israel’s Hush-Up Machine in Action: Denying Story Israel Executed Egyptian Prisoners by Washington Report on Middle East Affairs on 8/Apr/2010
Torture:
Israeli government report admits systematic torture of Palestinians by The Guardian on 10/Feb/2000
Israel/OPT: Horrifying cases of torture and degrading treatment of Palestinian detainees amid spike in arbitrary arrests by Amnesty International on 8/Nov/2023
Israel: Palestinian Healthcare Workers Tortured by Human Rights Watch on 26/Aug/2024
Taking hostages:
Infographic: How many Palestinians are imprisoned by Israel? by AlJazeera on 17/Apr/2022
The thousands of Palestinians Israel arrests, tortures, holds even in death by AlJazeera on 17/Apr/2024
UN report: Palestinian detainees held arbitrarily and secretly, subjected to torture and mistreatment by the United Nations Human Rights Office of the High Commissioner on 31/Jul/2024
Unnecessarily destroying civilian property:
Israel destroys Gaza tower housing AP and Al Jazeera offices by Reuters on 15/May/2021
Israel targets infrastructure in Gaza to ramp up civilian pressure on Hamas, report claims by PBS News on 11/Dec/2023
Widespread destruction by Israeli Defence Forces of civilian infrastructure in Gaza by the United Nations Human Rights Office of the High Commissioner on 8/Feb/2024
Deception by perfidy:
Israeli soldier gives 74-year-old Palestinian woman water then shoots her in the head by Middle East Monitor on 20/Jan/2015
Israeli special forces disguised as doctors kill three militants at West Bank hospital by The Guardian on 30/Jan/2024
NBC News investigation reveals Israel strikes on Gaza areas it said were safe by NBC News on 26/Apr/2024
Wartime sexual violence:
Stripped, beaten and blindfolded: new research reveals ongoing violence and abuse of Palestinian children detained by Israeli military by Save the Children on 10/Jul/2023
Israel/oPt: UN experts appalled by reported human rights violations against Palestinian women and girls by the United Nations Human Rights Office of the High Commissioner on 19/Feb/2024
‘Everything is legitimate’: Israeli leaders defend soldiers accused of rape by AlJazeera on 9/Aug/2024
Pillaging:
The Biblical Pseudo-Archeologists Pillaging the West Bank by The Atlantic on 28/Feb/2013
Jewish Soldiers and Civilians Looted Arab Neighbors' Property en Masse in '48. The Authorities Turned a Blind Eye by Haaretz on 3/Oct/2020
Israeli soldiers boast about looting from Gaza by AlJazeera on 14/Feb/2024
Any individual that is part of the command structure who orders any attempt to committing mass killings:
Netanyahu incites violence by casting protesters as clear and present danger by Middle East Eye on 30/Jul/2020
Israeli minister's call to 'erase' Palestinian village an incitement to violence, US says by Reuters on 1/Mar/2023
Netanyahu cites 'Amalek' Theory to justify Gaza Killings by Times of India on 29/Oct/2023
Database exposes 500 instances of Israeli incitement to genocide in Gaza by TRT World 4/Jan/2024
Genocide:
The Genocide of the Palestinian People: An International Law and Human Rights Perspective by Center for Constitutional Rights on 25/Aug/2016
Genocide Warning: Israel & Palestine by Genocide Watch on 21/May/2021
A top U.N. court says Gaza genocide is 'plausible' but does not order cease-fire by npr on 26/Jan/2024
‘Reasonable grounds’ to believe Israel is committing genocide in Gaza, UN rights expert says by CNN on 27/Mar/2024
Is Israel Committing Genocide in Gaza? New Report from BU School of Law’s International Human Rights Clinic Lays Out Case from Boston University Today on 5/Jun/2024
Ethnic cleansing:
UN Human Rights Council: ‘Israel engaging in ethnic cleansing’ by the European Union Parliament on 23/Mar/2011
Israel's ethnic cleansing in Palestine is not history - it's still happening by Middle East Eye on 22/May/2019
UN expert warns of new instance of mass ethnic cleansing of Palestinians, calls for immediate ceasefire by the United Nations Human Rights Office of the High Commissioner on 14/Oct/2023
‘Plan for ethnic cleansing’: Israel’s north Gaza siege sets off alarms by AlJazeera on 22/Oct/2024
Granting of no quarter despite surrender:
White Flag Deaths Killings of Palestinian Civilians during Operation Cast Lead by Human Rights Watch on 13/Aug/2009
Investigators: Israel fired on Gaza civilians carrying white flags by The Electronic Intifada on 28/Jan/2015
3 hostages killed by Israeli soldier in Gaza were waving a white flag, Israel says by npr on 16/Dec/2023
A group of Palestinian men waving a white flag is shot at, killing 1 by NBC News on 24/Jan/2024
She was fleeing with her grandson, who was holding a white flag. Then she was shot by CNN on 26/Jan/2024
Two brothers shot by Israeli forces in Khan Younis, white flag ignored by AlJazeera on 29/Jan/2024
Conscription of children in the military: First one where I couldn't find anything. Way to go, Israel!
Flouting the legal distinctions of proportionality and military necessity:
Israel violates the principles of necessity, proportionality in its attacks on Gaza by Euro-Med Human Rights Monitor on 13/May/2023
Enough: Self-Defense and Proportionality in the Israel-Hamas Conflict by Just Security on 6/Nov/2023
War Crimes and Accountability: The Case Against Israel’s Military Operations in Gaza by JURIST News on 5/Jul/2024
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mostlysignssomeportents · 5 months ago
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Private equity rips off its investors, too
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I'm coming to DEFCON! TOMORROW (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).
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It's amazing how many of the scams that have devastated our economy and everyday people owe their success to the fact that we assume that rich people know what they're doing, so if they're doing something, it must be real.
Think of how many people lost everything by gambling on junk bonds, exotic mortgage derivatives, cryptocurrency and web3, because they saw that the largest financial institutions in the world were going all-in on these weird, incomprehensible bets.
Then there are the people who are convinced that online advertising is built around a mind-control ray, because tech companies claim that's what they have ("I am an evil dopamine-loop-hacking wizard and I can sell anything to anyone!"), and because huge, sober blue-chip companies hand billions to these soi dissant svengalis. Sure, online ads are a swamp of clickfraud and garbage, but would these super smart captains of industry spend so much on online advertising if it didn't work super-well?
http://pluralistic.net/HowToDestroySurveillanceCapitalism
From our worms'-eye-view here on the ground, it's easy to assume that rich people and the people who sell them stuff are all on the same side. "If you're not paying for the product, you're the product," right? If Facebook is tormenting you with surveillance advertising, it must be doing so on behalf of the surveillance advertisers, for whom Mark Zuckerberg has bottomless reservoirs of honest, forthright impulses.
The reality is simultaneously weirder, and obvious in hindsight. The reason Zuck is tormenting you is that he's a remorseless sociopath who doesn't care who he hurts. He rips off everyone he can rip off, and that includes advertisers, who have seen steady price-hikes and lower-fidelity targeting, even as ad-fraud has skyrocketed while Facebook draws down its anti-fraud spending:
https://www.404media.co/where-facebooks-ai-slop-comes-from/
This is not to say that Facebook advertisers have your best interests at heart, that they aren't engaged in active deception in order to better themselves at your expense. Rather, it's to say that there's no honor among thieves, and Zuck is an equal-opportunity predator. Moreover, both Zuck and his advertisers are credulous dolts, so the mere fact that they are pouring money into something (advertisers: FB ads; Zuck: metaverse) it doesn't follow that these are real or important or the coming thing.
For me, the Ur-example of "rich people are dumb, even when it comes to money" is the private equity sector. I've written a lot about PE, and how destructive it is to the real economy, from Toys R Us to pet grooming:
https://pluralistic.net/2024/08/05/rugged-individuals/#misleading-by-analogy
How they killed Red Lobster:
https://pluralistic.net/2024/05/23/spineless/#invertebrates
And how they actually created the death panels that Sarah Palin warned us about (it's OK, though: these death panels are run by the efficient private sector, not government bureaucrats):
https://pluralistic.net/2023/04/26/death-panels/#what-the-heck-is-going-on-with-CMS
The devastating effect of private equity on the real economy is increasingly well understood, and a curious side-effect of this is that people assume that if PE is destroying their lives, they must be doing so on behalf of their investors, who are making bank.
But – like Zuck – PE bosses are just as happy to steal from their investors as they are to to steal from the workers and customers of the businesses they acquire on those investors' behalf. They swaddle this theft in performative complexity and specialized jargon, but when you strip all that away, you find more fraud.
All the misery that PE inflicts on workers, communities and customers are just a convincer in a Big Store con, a bid to make the scam seem credible. For a certain kind of investor, any economic activity that destroys communities and workers' livelihoods must be a good bet. This is the dynamic at work in the pitch of AI image-generator companies, who spend tens of billions on technology that there is no substantial market for:
https://pluralistic.net/2024/07/25/accountability-sinks/#work-harder-not-smarter
AI image generators represent a high-profile, extremely visible example of "a job that AI can do." Nevermind that AI illustration went from a novelty to a tired cliche in less than a year. Even if you think that AI illustrations are a perfect substitute for commercial illustrations, that still won't come anywhere near making AI companies a profit. Add up the entire wage bill for every commercial illustrator in the world, hand it to Open AI, and you're not even gonna cover the kombucha budget for Open AI's staff kitchens.
Hell, all the wages of every commercial illustrator that ever lived won't pay back even a fraction of the money the AI companies spent on image generators. The pauperization of an entire class of creative workers is just a canned demo, a way to fool investors into thinking that there is a whole universe of similarly situated workers whose wages can be diverted to AI companies. This is the logic of small-time spammers, scaled up to the scale of the entire S&P 500. Smalltime spammers looked at AI and thought, "OK, I can generate as much botshit as I want on demand for free. Science fiction magazines pay $0.10/word. So if I generate a billion words, I'll get $100 million." But that's not how any of that works: sf magazines don't buy botshit, and even if they did, the entire market for short fiction adds up to what Sam Altman spends on a single designer t-shirt. The point of destroying these beloved, useful things isn't to make a lot of money by taking their markets – it's to convince dopey, panicked rich people to give you lots of money you can steal, because they think you can do this to every market and they don't want to miss out on the opportunity of a lifetime:
https://pluralistic.net/2024/01/15/passive-income-brainworms/#four-hour-work-week
Take "divi recaps": after a private equity firm acquires a company (by borrowing money against its assets), it typically declares a "special dividend," emptying out the company's cash reserves and pocketing them. A "divi recap" is when PE then takes out another massive loan against the company's (remaining) assets and pockets that:
https://pluralistic.net/2020/09/17/divi-recaps/#graebers-ghost
All of this happens under an opaque cloud, thanks to the light-to-nonexistent disclosure rules for PE. A public company has to open its books for the SEC, its investors, and the world. PE is private – and so are its finances. It is absolutely routine for PE bosses to put their spouses, kids, and pals on the payroll and hand them millions for doing little to nothing, all at the expense of their investors:
https://www.nakedcapitalism.com/2022/02/sec-set-to-lower-massive-boom-on-private-equity-industry.html
PE bosses charge huge fees to their investors – not merely the usual 2-and-20 (2% of the funds under management and 20% of any profits) – but also a wide variety of special one-off fees that pile to the sky. They also dip into their investors' funds to issue themselves massive loans that they use to make side-bets, without telling the investors about it:
https://pluralistic.net/2022/02/10/monopoly-begets-monopoly/#gary-gensler
PE investors are chickens ripe for the plucking: take "continuation funds," which allow PE bosses to soak the rich people and pension funds who supply them with billions:
https://news.bloomberglaw.com/mergers-and-acquisitions/matt-levines-money-stuff-buyout-funds-buy-from-themselves
Remember 2-and-20? 2% of all the money you manage, every year, and 20% of all the profits. You'd think that these would be somewhat zero sum, right? If you use some of your investors' cash to buy a company, and then sell off that company for a profit, you get the 20%, but now the pot of money you're managing has gone down by the amount you used to buy the company, and so your 2% carry goes down, too.
But what if you sell your portfolio companies to yourself, using your investors' own money? When you do that, you continue to hold the company on your PE firm's books, meaning you continue to get the 2% carry, and you can pocket 20% of the sale price as a "profit":
https://pluralistic.net/2023/07/20/continuation-fraud/#buyout-groups
This is straight-up fraud, wrapped up in so much jargon that it can successfully masquerade as "financial engineering" ("financial engineering" is really just a euphemism for "fraud"). PE bosses keep coming up with new, exotic ways to steal from their investors. The latest scam is "tax receivable agreements":
https://archive.ph/RczJ9
On its face, this is a tax scam. When a company goes public, early investors generally hold stock in the original partnership or LLC; this company ends up holding a ton of shares in the new, public company. When they sell those non-public shares in the LLC, this creates a (potentially gigantic) tax credit.
A TRA hustle involves tracking down these LLC shareholders and convincing them to sign off on dumping the LLC's shares, which generates a huge tax credit for the public company. The hustler offers to split these credits with the LLC holders.
All of this is especially attractive to PE bosses, who often take a company private, do a bunch of "financial engineering" and then take it public again, leaving the PE firm as the owner of those LLC shares that can be converted to a TRA and a huge windfall – which the PE bosses pocket, because they (not their investors) are holding those credits.
This scam is really doing big numbers. KKR – the monsters who killed Toys R Us – just diverted $650 million in TRA loot, prompting a lawsuit from Steamfitters union pension fund, which had handed these jerks millions of its members' money to gamble with:
https://archive.ph/kqQvI
This highlights another very weird aspect of the PE scam: they are absolutely dependent on pension funds. To add insult to injury, PE funds are notorious union-busters – they use union money to buy companies and destroy their unions:
https://pluralistic.net/2023/10/05/mr-gotcha/#no-ethical-consumption-under-capitalism
People who try to understand the PE business model often give up, because it seems to make no sense, leading many to assume that they're too unsophisticated to grasp the complex financials here. For example, PE is absolutely dependent on massive loans as a way of looting its businesses, but it also often defaults on those loans. Why do banks and investors keep making huge loans to PE deadbeats? Because – like the PE fund investors – they are credulous dolts.
The reason PE seems like a scam is that it is a scam. It is a fractal scam – every part of it is a scam. You might have heard about the "carried interest" tax loophole that allows PE bosses to avoid billions in taxes on the money they steal from their investors, creditors, workers and customers. Most people assume "carried interest" has something to do with "interest" on a loan. Nope: "carried interest" is a 16th century nautical tax rule designed for mercantalist sea-captains who had an "interest" in the cargo they "carried":
https://pluralistic.net/2021/04/29/writers-must-be-paid/#carried-interest
But rich people and other "sophisticated investors" (like pension fund investment managers) are no smarter than the rest of us. They are herd animals. When they see other rich people piling into some scheme or asset class, they rush to join them, which makes the asset price go up, which makes them think they're smart (until the inevitable rug-pull). When one plute jumps off the Empire State Building, the rest of them jump, too.
Which is why there's more money flooding into PE than at any time in history, $2.62T in "dry powder," handed over to greedy, thieving PE bosses in a poker game where everyone is the sucker at the table:
https://www.institutionalinvestor.com/article/2di1vzgjcmzovkcea8f0g/portfolio/private-equitys-dry-powder-mountain-reaches-record-height
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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/2024/08/08/sucker-at-the-table/#clucks-definance
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covid-safer-hotties · 5 months ago
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Mild Primary or Breakthrough SARS-CoV-2 Infection Promotes Autoantibody Production in Individuals with and without Neuro-PASC - Published Aug 26, 2024
Abstract Patients with long COVID can develop humoral autoimmunity after severe acute SARS-CoV-2 infection. However, whether similar increases in autoantibody responses occur after mild infection and whether vaccination prior to SARS-CoV-2 breakthrough infection can limit autoantibody responses is unknown. In this study, we demonstrate that mild SARS-CoV-2 infection increases autoantibodies associated with rheumatic autoimmune diseases and diabetes in most individuals, regardless of vaccination status prior to infection. However, patients with long COVID and persistent neurologic and fatigue symptoms (neuro-PASC) have substantially higher autoantibody responses than convalescent control subjects at an average of 8 mo postinfection. Furthermore, high titers of systemic lupus erythematosus– and CNS-associated autoantibodies in patients with neuro-PASC are associated with impaired cognitive performance and greater symptom severity. In summary, we found that mild SARS-CoV-2 primary and breakthrough infections can induce persistent humoral autoimmunity in both patients with neuro-PASC and healthy COVID convalescents, suggesting that a reappraisal of mitigation strategies against SARS-CoV-2 is warranted to prevent transmission and potential development of autoimmunity.
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teaweltzer · 21 days ago
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