#Financial Problem

[bloodcoveredgf]

lets out a single agonized bloodcurdling scream but doesnt elaborate on why and just walks it off

[peterthomson158]

Debt consolidation is a financial strategy that aims at combining multiple debts into a single loan or payment plan, usually with lower interest rates and more manageable terms.

[supreme-leader-stoat]

[padmestrilogy]

^ rare clip of a youtuber talking about the acolyte worth unmuting

[mcflymemes]

please don't mistake silence for hatred. please don't mistake unanswered plotting messages as indifference, or a lack of enthusiasm towards you. considering the ages of most roleplayers, many of us have bills to pay, families to take care of, medical conditions to treat, appointments to make, classes to take, homes to clean, and lives to live away from the computer that are far, far more important than writing on tumblr — life has a tendency to get in the way of hobbies and fun things like this. be patient with your fellow writers. if it doesn't work out, it doesn't work out. of course you can set your boundaries, keep your space comfortable, and softblock whoever you wish, but do so while recognizing it's probably not hatred or apathy that keeps them from leaping into your dms with message after message. they probably love this hobby just as much as you... but sometimes life gets in the way.

[traumacatholic]

I would really appreciate some prayers. I've been having so much money problems recently and I'm just not sure what to do. Every month I end up either in the negative or close to the negative. And it doesn't help that each month I have ended up having to make some big spendings because something essential has broken which needed replaced or whatever else. I can't currently get any help to cover my rent, because I'm still couchsurfing. The landlord of the place that I'm couchsurfing at isn't happy with my finances, and may refuse to add me to the tenancy, which would mean I would have to leave here. I don't even know why the landlord has an issue, because the rent has been getting paid on time without any difficulties. If I were to get added to the tenancy, I could finally ask for extra benefits to help me with the rent which would give me more money for living. But right now rent takes away from most of my benefits. I've been trying to cut spending where I can, but it's so stressful and miserable and overwhelming. I hate that I'm still in the same position I was in, where I'm just couchsurfing and trying to catch a break. I'm not currently in a position where I can save any money at all. And there's still the possibility that I'll be in a worse place housing wise if I'm not allowed to stay here. The fact that this has dragged out for so many months, and I'm still in the position of losing so much has me constantly depressed and suicidal. I just don't know what to do. Everywhere I have reached out to has been unable to assist me

[brw]

"but hamas is getting funded by extremist islamic hate groups!" do you think the U.S. government and military giving funding for israeli's war efforts against palestinians is a morally neutral and inherently righteous body that had no influence in the politics of southwest asia as a global colonial superpower. do you really think anything you can say about the people resisting oppression can't be said about the oppressors.

[helpicant-stop]

i'm honestly so jealous of whoever did the 50k dollar hazbin hotel amv for that one guy. if every commissioner was like this artists would be living in paradise

[halfdeadwallfly]

[mostlysignssomeportents]

Solar is a market for (financial) lemons

There are only four more days left in my Kickstarter for the audiobook of The Bezzle, the sequel to Red Team Blues, narrated by @wilwheaton! You can pre-order the audiobook and ebook, DRM free, as well as the hardcover, signed or unsigned. There's also bundles with Red Team Blues in ebook, audio or paperback.

Rooftop solar is the future, but it's also a scam. It didn't have to be, but America decided that the best way to roll out distributed, resilient, clean and renewable energy was to let Wall Street run the show. They turned it into a scam, and now it's in terrible trouble. which means we are in terrible trouble.

There's a (superficial) good case for turning markets loose on the problem of financing the rollout of an entirely new kind of energy provision across a large and heterogeneous nation. As capitalism's champions (and apologists) have observed since the days of Adam Smith and David Ricardo, markets harness together the work of thousands or even millions of strangers in pursuit of a common goal, without all those people having to agree on a single approach or plan of action. Merely dangle the incentive of profit before the market's teeming participants and they will align themselves towards it, like iron filings all snapping into formation towards a magnet.

But markets have a problem: they are prone to "reward hacking." This is a term from AI research: tell your AI that you want it to do something, and it will find the fastest and most efficient way of doing it, even if that method is one that actually destroys the reason you were pursuing the goal in the first place.

https://learn.microsoft.com/en-us/security/engineering/failure-modes-in-machine-learning

For example: if you use an AI to come up with a Roomba that doesn't bang into furniture, you might tell that Roomba to avoid collisions. However, the Roomba is only designed to register collisions with its front-facing sensor. Turn the Roomba loose and it will quickly hit on the tactic of racing around the room in reverse, banging into all your furniture repeatedly, while never registering a single collision:

https://www.schneier.com/blog/archives/2021/04/when-ais-start-hacking.html

This is sometimes called the "alignment problem." High-speed, probabilistic systems that can't be fully predicted in advance can very quickly run off the rails. It's an idea that pre-dates AI, of course – think of the Sorcerer's Apprentice. But AI produces these perverse outcomes at scale…and so does capitalism.

Many sf writers have observed the odd phenomenon of corporate AI executives spinning bad sci-fi scenarios about their AIs inadvertently destroying the human race by spinning off in some kind of paperclip-maximizing reward-hack that reduces the whole planet to grey goo in order to make more paperclips. This idea is very implausible (to say the least), but the fact that so many corporate leaders are obsessed with autonomous systems reward-hacking their way into catastrophe tells us something about corporate executives, even if it has no predictive value for understanding the future of technology.

Both Ted Chiang and Charlie Stross have theorized that the source of these anxieties isn't AI – it's corporations. Corporations are these equilibrium-seeking complex machines that can't be programmed, only prompted. CEOs know that they don't actually run their companies, and it haunts them, because while they can decompose a company into all its constituent elements – capital, labor, procedures – they can't get this model-train set to go around the loop:

https://pluralistic.net/2023/03/09/autocomplete-worshippers/#the-real-ai-was-the-corporations-that-we-fought-along-the-way

Stross calls corporations "Slow AI," a pernicious artificial life-form that acts like a pedantic genie, always on the hunt for ways to destroy you while still strictly following your directions. Markets are an extremely reliable way to find the most awful alignment problems – but by the time they've surfaced them, they've also destroyed the thing you were hoping to improve with your market mechanism.

Which brings me back to solar, as practiced in America. In a long Time feature, Alana Semuels describes the waves of bankruptcies, revealed frauds, and even confiscation of homeowners' houses arising from a decade of financialized solar:

https://time.com/6565415/rooftop-solar-industry-collapse/

The problem starts with a pretty common finance puzzle: solar pays off big over its lifespan, saving the homeowner money and insulating them from price-shocks, emergency power outages, and other horrors. But solar requires a large upfront investment, which many homeowners can't afford to make. To resolve this, the finance industry extends credit to homeowners (lets them borrow money) and gets paid back out of the savings the homeowner realizes over the years to come.

But of course, this requires a lot of capital, and homeowners still might not see the wisdom of paying even some of the price of solar and taking on debt for a benefit they won't even realize until the whole debt is paid off. So the government moved in to tinker with the markets, injecting prompts into the slow AIs to see if it could coax the system into producing a faster solar rollout – say, one that didn't have to rely on waves of deadly power-outages during storms, heatwaves, fires, etc, to convince homeowners to get on board because they'd have experienced the pain of sitting through those disasters in the dark.

The government created subsidies – tax credits, direct cash, and mixes thereof – in the expectation that Wall Street would see all these credits and subsidies that everyday people were entitled to and go on the hunt for them. And they did! Armies of fast-talking sales-reps fanned out across America, ringing dooorbells and sticking fliers in mailboxes, and lying like hell about how your new solar roof was gonna work out for you.

These hustlers tricked old and vulnerable people into signing up for arrangements that saw them saddled with ballooning debt payments (after a honeymoon period at a super-low teaser rate), backstopped by liens on their houses, which meant that missing a payment could mean losing your home. They underprovisioned the solar that they installed, leaving homeowners with sky-high electrical bills on top of those debt payments.

If this sounds familiar, it's because it shares a lot of DNA with the subprime housing bubble, where fast-talking salesmen conned vulnerable people into taking out predatory mortgages with sky-high rates that kicked in after a honeymoon period, promising buyers that the rising value of housing would offset any losses from that high rate.

These fraudsters knew they were acquiring toxic assets, but it didn't matter, because they were bundling up those assets into "collateralized debt obligations" – exotic black-box "derivatives" that could be sold onto pension funds, retail investors, and other suckers.

This is likewise true of solar, where the tax-credits, subsidies and other income streams that these new solar installations offgassed were captured and turned into bonds that were sold into the financial markets, producing an insatiable demand for more rooftop solar installations, and that meant lots more fraud.

Which brings us to today, where homeowners across America are waking up to discover that their power bills have gone up thanks to their solar arrays, even as the giant, financialized solar firms that supplied them are teetering on the edge of bankruptcy, thanks to waves of defaults. Meanwhile, all those bonds that were created from solar installations are ticking timebombs, sitting on institutions' balance-sheets, waiting to go blooie once the defaults cross some unpredictable threshold.

Markets are very efficient at mobilizing capital for growth opportunities. America has a lot of rooftop solar. But 70% of that solar isn't owned by the homeowner – it's owned by a solar company, which is to say, "a finance company that happens to sell solar":

https://www.utilitydive.com/news/solarcity-maintains-34-residential-solar-market-share-in-1h-2015/406552/

And markets are very efficient at reward hacking. The point of any market is to multiply capital. If the only way to multiply the capital is through building solar, then you get solar. But the finance sector specializes in making the capital multiply as much as possible while doing as little as possible on the solar front. Huge chunks of those federal subsidies were gobbled up by junk-fees and other financial tricks – sometimes more than 100%.

The solar companies would be in even worse trouble, but they also tricked all their victims into signing binding arbitration waivers that deny them the power to sue and force them to have their grievances heard by fake judges who are paid by the solar companies to decide whether the solar companies have done anything wrong. You will not be surprised to learn that the arbitrators are reluctant to find against their paymasters.

I had a sense that all this was going on even before I read Semuels' excellent article. We bought a solar installation from Treeium, a highly rated, giant Southern California solar installer. We got an incredibly hard sell from them to get our solar "for free" – that is, through these financial arrangements – but I'd just sold a book and I had cash on hand and I was adamant that we were just going to pay upfront. As soon as that was clear, Treeium's ardor palpably cooled. We ended up with a grossly defective, unsafe and underpowered solar installation that has cost more than $10,000 to bring into a functional state (using another vendor). I briefly considered suing Treeium (I had insisted on striking the binding arbitration waiver from the contract) but in the end, I decided life was too short.

The thing is, solar is amazing. We love running our house on sunshine. But markets have proven – again and again – to be an unreliable and even dangerous way to improve Americans' homes and make them more resilient. After all, Americans' homes are the largest asset they are apt to own, which makes them irresistible targets for scammers:

https://pluralistic.net/2021/06/06/the-rents-too-damned-high/

That's why the subprime scammers targets Americans' homes in the 2000s, and it's why the house-stealing fraudsters who blanket the country in "We Buy Ugly Homes" are targeting them now. Same reason Willie Sutton robbed banks: "That's where the money is":

https://pluralistic.net/2023/05/11/ugly-houses-ugly-truth/

America can and should electrify and solarize. There are serious logistical challenges related to sourcing the underlying materials and deploying the labor, but those challenges are grossly overrated by people who assume the only way we can approach them is though markets, those monkey's paw curses that always find a way to snatch profitable defeat from the jaws of useful victory.

To get a sense of how the engineering challenges of electrification could be met, read McArthur fellow Saul Griffith's excellent popular engineering text Electrify:

https://pluralistic.net/2021/12/09/practical-visionary/#popular-engineering

And to really understand the transformative power of solar, don't miss Deb Chachra's How Infrastructure Works, where you'll learn that we could give every person on Earth the energy budget of a Canadian (like an American, but colder) by capturing just 0.4% of the solar rays that reach Earth's surface:

https://pluralistic.net/2023/10/17/care-work/#charismatic-megaprojects

But we won't get there with markets. All markets will do is create incentives to cheat. Think of the market for "carbon offsets," which were supposed to substitute markets for direct regulation, and which produced a fraud-riddled market for lemons that sells indulgences to our worst polluters, who go on destroying our planet and our future:

https://pluralistic.net/2021/04/14/for-sale-green-indulgences/#killer-analogy

We can address the climate emergency, but not by prompting the slow AI and hoping it doesn't figure out a way to reward-hack its way to giant profits while doing nothing. Founder and chairman of Goodleap, Hayes Barnard, is one of the 400 richest people in the world – a fortune built on scammers who tricked old people into signing away their homes for nonfunctional solar):

https://www.forbes.com/profile/hayes-barnard/?sh=40d596362b28

If governments are willing to spend billions incentivizing rooftop solar, they can simply spend billions installing rooftop solar – no Slow AI required.

Berliners: Otherland has added a second date (Jan 28 - TOMORROW!) for my book-talk after the first one sold out - book now!

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/2024/01/27/here-comes-the-sun-king/#sign-here

Back the Kickstarter for the audiobook of The Bezzle here!

Image:

Future Atlas/www.futureatlas.com/blog (modified)

https://www.flickr.com/photos/87913776@N00/3996366952

--

CC BY 2.0

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

J Doll (modified)

https://commons.wikimedia.org/wiki/File:Blue_Sky_%28140451293%29.jpeg

CC BY 3.0

https://creativecommons.org/licenses/by/3.0/deed.en

[morzowo]

well first and foremost i ship joe with peace and quiet 🙏 this man can't catch a break for even a second

[oblivionsdream]

AHHH LOOK AT THIS ART I COMMISSIONED FROM THE MARVELOUS @mavilez OF MY SILLY GUYS!!

I saw that they had their commissions open and couldn’t resist. If you haven’t already you should go check out their other awesome art and/or get a commission of your own 🥰

[girlfriendsofthegalaxy]

tuesday again 11/12/2024

this one's a bit short. i am now thirty and still unemployed (ten months this week) ://// if you enjoy the tuesdayposts and are not maxed out on your charitable donations for other causes (american healthcare access, healthcare access in other places, war relief, any number of other good causes) i am going to be $300 short for december rent. here is my paypal.

listening

listening to a lot of pete seeger, for my health. there are about one zillion recordings of Old Man Atom, all ever so slightly different. it starts off as a perky gee-whiz-science! tune and continues frog marching the listener along in an increasingly jaunty manner. it's

Then the cartel crowd put on a show To turn back the clock on the UNO To get a corner on atoms and maybe extinguish Every darned atom that can't speak English Down with foreign-born atoms! America for American atoms! I hold this truth to be self-evident That all men may be cremated equal!

it's very depressing to listen to early anti-nuclear protest songs and realize they hold even more true today! song's a bop tho!

-

reading

the feds nabbed someone allegedly related to the semi-dire Snowflake data leaks that have been ongoing throughout the year (Santander Bank, AT&T, Ticket Master, Neiman Marcus, etc).

this guy has been a real thorn in krebs' side for a year or so and participates in some of the worst corners of the internet, which explains the adversarial nature of the writeup. i read through the whole thing going "yeah this guy is Very annoying but why is krebs so mad at him" and then got to the bottom section about other activities. italicized OH moment in real life but bad.

-

watching

continuing noirvember with The Maltese Falcon (1941, dir. Huston).

The Maltese Falcon is a 1941 American film noir in which a San Francisco private detective deals with three unscrupulous adventurers, all seeking a jewel-encrusted falcon statuette.[3] Written and directed by John Huston[3] in his directorial debut, the film was based on the 1930 novel The Maltese Falcon by Dashiell Hammett and is a remake of the 1931 film of the same name.[4][5][6] It stars Humphrey Bogart as private investigator Sam Spade, Mary Astor as his femme fatale client, and as villains Peter Lorre and Sydney Greenstreet.

i have two really snotty thoughts to get out of my brain: the modern letterboxed reviews like "i liked this but the homophobia ruined it" weak. all of you are WEAK.

and

i appreciate the work of the tumblrinas trying to queer this story in a more 2020s friendly way. however. sam spade canonically calls someone a slur for using cologne that he deems too feminine. the noir detective series you want is Philip Marlowe, who is at least homophobic in interesting and less physically violent ways.

anyway! gorgeous gorgeous movie. mary astor goes toe to fucking toe with bogey in every scene. a very frantic and frightened woman who is one jump ahead of the pathway crumbling behind her at all times. but she takes the jump and makes it! every time! except for the most important one!!!

-

playing

having a normal one with 12 hours of powerwash simulator

new genshin update rapidly approacheth. there's a lot happening in this screenshot. accidentally careened right past this npc, with one bullet for the poor low-level slime in the background, floaty blue pet in tow. the npc wanted me to deliver something to her sister who is visible under the big tree in the background. i love early area spaghetti code.

-

making

deep cleaned my house again bc i had people over for my birthday, which was a very lovely and very drunk evening of star wars on in the background while we played trivia. not how i expected to enter my thirties! i am not in the life circumstances i expected to be in my thirties, i do not have the life i expected to have in my thirties, etc. feeling a little maudlin and need to do crafts about it but also all the crafts in my home are not quite right!

[ikram1909]

“only hector left” are you forgetting this

https://x.com/evtpe/status/1718934508345651262?s=46

This interaction sends me because it looks like Hector was fighting for his life to get Gavi's attention 😭😭

[suzukiblu]

new round of Ko-fi thank-you sentences

Due to some unfortunate circumstances, I am having a minor financial . . . uh, let's be honest, disaster. Full disclosure: I'm not housing-insecure and I have food stamps, so I'm not ending up out on the street or going hungry either, but I need about three thousand dollars ASAP for issues related to my mother's estate after I fucked up some math and made the mistake of making some assumptions, and it's not a problem I want to push on my family right now. I'm trying to drum up the money in a few different ways, but I've been chronically underemployed for a long time and having no luck finding a better gig, and my current job isn't scheduling me because it turns out it's the off-season and they didn't tell me that was a thing when they hired me, so said drumming up is not going particularly well.

Therefore, I'm gonna be bumping my current Ko-fi goal again, and I'm also offering doubled-up thank-you sentence donations again, and I'll stack those donations on top of additional word count for my current funding goal. Meaning, for every donation made, I will both write doubled thank-you sentences in the donator's WIP of choice and count the donation towards more of "call me cute and feed me sugar" in thanks.

If you'd like to donate, just tell me your Tumblr username (so I can tag you when I post) and which WIP you'd like to see more of in your donation note, and I will both write you two thank-you sentences per dollar donated and put your donation towards the cumulative donation goal. So triple-bang for your buck, basically!

My Ko-fi can be found here, for anyone who's either willing or interested. Thank you for reading, I appreciate it! ❤️

[cigarettesandcommunism]

My car broke down in the taco bell drive thru. Of all fucking places.

If im late to work one more time before late September, I lose my job. (I never mean to be late. I have a sleep disorder where I don't hear my alarms. I could sleep thru a fire so this is a problem)

I JUST moved into my apartment after being homeless for 4 months and I have NO money.

Help me fix Sandy (the car) my ppal and $app are both TransManDragQueen

Please share this as well

I hope something good happens to you today