#South Sea Bubble

[arlesposting]

Hey everybody! I'm back with some more fanart of @extracreditsblog and their designs for historical figures! This time I drew Walpole, very self explanatory! He's leaning on a little economic bubble of his own, it seems. Who's fault was it? Always his. Enjoy! :D

[insidecroydon]

Bourne again: how Carshalton Park is providing an overflow

Flowing with wildlife: what for years was a mostly dry, grassy trench in Carshalton Park has now become a haven for wildlife Where does all that rainwater go from one of the wettest years on record? Well, in the catchment area of the River Wandle, as ANDREW FORD, left, has discovered, it has been taking up quite a bit of Carshalton Park After the exceptional heavy rainfalls of the last year or…

[adaines-furious-feast]

Did Mother Goose save Shoeburg?

So, so far the only things that Tim has written in the book that have stayed were the rhymes, the notes to scheherazade (which I don't know if they were confirmed as staying) and the word "shoe".

We know just writing parts of the rhyme can have a big impact with the Cow and the Dish. So what if writing "shoe" from the nursery rhyme partially saved Shoeburg from the Dark Times. Seems very powerful but then the book is powerful.

Also, interesting but I googled the rhyme and found this nugget on Wikipedia

"Albert Jack has proposed a political origin for the rhyme. George II was nicknamed the "old woman" because it was widely believed that Queen Caroline was the real power behind the throne. according to this explanation, the children are the Members of Parliament that George was unable to control, the whip refers to the political office of that name [...] and the bed is the House of Commons which MPs were required to attend daily. The phrase "gave them some broth without any bread" may refer to George's parsimony in the wake of the South sea bubble."

That last bit is super interesting to me. South Sea Bubble was a weird financial event where the entire economy of Britain almost broke because people were borrowing to buy shares in a company that was actually worthless except everyone thought it was great (very simplified) (if you're interested Extra Credits has a good series on it). So everything looked rosey but it was all held together with duct tape.

Also, the biggest winner out of all this was Robert Walpole, sometimes referred to as the first prime minister who became very powerful because of the bubble bursting.

Anyway, a lot to read into one interpretation of a nursery rhyme but they've given us so little about Shoeburg other than "its thriving but the people in charge suck and it's a boil"

[dwagom]

as speculative bubbles inflate they create haves (those who'd gotten in early) and have-nots (who'd gotten in late or not at all), and the more they grow the wider and deeper that rift gets. the BoJ at least had the guts to pop the RE/land bubble in the 1990s to protect japanese society which was creaking under the weight of elevated RE prices. the first takeaway is that if an administration has a large speculative bubble form on their watch, then it's either cornered, incompetent, cowardly, or corrupt (and let's face it, the japanese government should've acted sooner); the second is that the 1980s bubble economy and the lost decades that followed are in fact the same economic post-plaza accords situation differing only in the presence of an asset bubble, which i assume was allowed to inflate to hide the catastrophic implications of Plaza from the electorate for as much time as it was possible to buy with mountains of bezzle; the third is that a crisis of this sort can be resolved most fairly by inflating wages, but that requires a ruling class willing to let go of a significant fraction of its political power, not because political power translates into purchasing power (it inherently does, even if it's perceived to be immoral when it happens), but because purchasing power translates into political power, which is to say that economic crises are lists of contradicting demands toward preserving the extant configuration of power relations ("status quo") at costs rising because of those contradictions. should the attempt to steer the situation between emergent dysfunction and the enforcement of novel inequality that it arises from fail (in the sense that it can not impose or at least confabulate promises of durable equilibria of governance), a more serious feedback loop begins to form. of note is that both the mississippi and the south sea bubbles were artificially inflated by the french and the british governments to deal with complete economic shitshows by means of bezzle serving as a psychological tool

[peacockstalemusicalstorytelling]

Filming the music video for our new single "The Ballad of Sir Robert Walpole"

[kc22invesmentsblog]

The South Sea Bubble (1720): Lessons from a Historic Financial Fiasco

Written by Delvin In the annals of financial history, the South Sea Bubble of 1720 stands as a stark reminder of the perils of irrational exuberance and speculative frenzy. Driven by investor mania, the South Sea Company, a British trading company, witnessed its stock price soar to unprecedented heights before plummeting dramatically. This blog post delves into the story of the South Sea Bubble,…

[rostam-z]

In the background the mighty Mt. #Nuolja in the #moonlight, #NorthernSami #Njullá, is a mountain at #Torneträsk in #Kiruna municipality, west of #Abisko in northwestern Lapland. Nuolja is partly within #AbiskoNationalPark. The highest point is 1169 meters above sea level, while the nearby mountain peak #Slåttatjåkka measures 1191 meters. Photo taken from the #AbiskoDelta, after a windy storm and that´s why the ice bubbles are visible. Polished by the wind. Nuolja, is also a #fieldresearch site that stretches across Mt.Njulla. With the mountain to the east, the village of Abisko to the south, and bordering Lake Torneträsk, this is a varied-habitat field site. Mountain birch forests are one of the main appeals of this research site. #ClimateChange: From 1920 to 2020, the tree line was raised by 230 meters due to the warmer climate. @swedishlapland #SwedishLapland @bjorkliden_fjallby @abisko.adventure @abiskomountainlodge @abiskonet @outbackabisko @stfabisko @lightsoverlapland #VisitSweden #VisitLapland #Lappland #Laponia #SwedishLandscape #Landscape #SlowPhotography #landscapephotography #raw_sweden #raw_nordic #naturephotography #mountainscape #mountains #SlowPhotography #Sami #AbovePolarCircle #subarctic @natgeoyourshot #natgeoyourshot

[makairodonx]

A bonus creature feature made just to end of Spectember 2024! A mother Western Whale-Mole and her calf rise up to the surface of the cold ocean waters surrounding the southern coast of Svarogia to take in a breath of fresh air. Swarming around the giant marine mammals are flocks of two different seabird species that are both endemic to Svarogia: white, ternlike like relatives of hummingbirds and orange-headed, gannet-like relatives of starlings. At 14 to 18 meters long and weighing up to 42 metric tons, the Western Whale-Mole or Aquacondylura orientalis is one of the most common species of the Whale-Moles, a family of giant, aquatic moles that may have evolved from fossorial, pig or cow-sized ancestors millions of years earlier, and it thrives across the seas lying within the planet's Southern Temperate Zone. Western Whale-Moles usually migrate north to the tropics for the lagoons of island chains such as the Strzelecki Archipelago in which they can calve, and the families will soon head further south where shoals of feeder fish or krill have been brought up by the cold, nutrient-righ waters of Potworia's great southern ocean. Like all whale-moles, the Western Whale-Mole usually uses its long, whisker-lined rostrum and clawed flippers, the latter of which are also sometimes used for fighting, to dig up the ocean floor in order to forage for tuna-sized fish and crustaceans, and it is capable of smelling underwater by exhaling large air-bubbles onto any objects or scent-trails and inhaling the bubbles to carry scents back to its nostrills. These same bubbles are also used by individuals gathering together to trap fish or krill in a bubble-net feeding strategy similar to the one used by Earth's humback whales.

[rafeskai]

Starstruck | Drew Starkey

Chapter One

Summary: In the bustling crowd of a premiere event for Outer Banks, you find yourself caught up in a chaotic moment, lost in the sea of fans. Desperate for a way out, you stumble into an alley where fate leads you to an unexpected—and painful—encounter with Drew Starkey. What starts as a simple misstep soon spirals into something far more complicated, and your life takes an unexpected turn.

Pairings: Drew Starkey x Reader

Warnings: N/A

Author's Note: This will be another short fic!!

The city of Los Angeles had always seemed like a dream—one that was just out of reach, filled with palm trees, bright lights, and endless possibilities. You’d seen it in the movies, heard the stories, and scrolled through enough Instagram posts to feel like you knew the place by heart. But none of that had prepared you for the reality of it all—the hum of the traffic, the overwhelming buzz of constant movement, and the sheer size of everything.

It was your first trip to LA, and you had planned to move there. To experience a new beginning, a contrast from your life back in a small town in South Carolina. Your cousin, Ava had begged you to move in with her. She moved out here a few months ago to follow her dreams, chasing her career in fashion and the hustle of the city. And as much as you’d heard about her exciting life, you couldn’t help but feel a little bit nervous. She was always the one to take the leap, to dive headfirst into new opportunities while you watched from the sidelines.

You stood at the gate of LAX, your suitcase rolling behind you, looking around at the sea of strangers and travelers. It felt like the city itself had swallowed you up already, even though you were still waiting for Ava to come pick you up. The air smelled like a mix of saltwater, car exhaust, and faint hints of perfume. Everything seemed bigger, louder, and brighter than anything you were used to.

Ava had promised to take you to some cool places—maybe even a celebrity sighting or two, if you were lucky. She’d been raving about how “amazing” LA was, how everyone was so “laid-back” but also so “serious about making things happen.” You weren’t sure what that meant exactly, but you were excited to see what her new life was all about.

Finally, your phone buzzed with a text. It was Ava.

Ava: “I’m here, babe! I’ll be by in a sec. Get ready for an adventure!”

You smiled to yourself, tucking your phone back in your pocket. Your cousin always had a way of making everything sound like it was going to be epic.

As you stepped outside the airport, you saw Ava leaning against her car, a mischievous grin on her face and sunglasses perched atop her head. She waved you over enthusiastically, her curly hair bouncing as she jumped up and down.

“There you are!” she said, pulling you into a hug. “Welcome to LA, sweetheart!”

You hugged her back, letting out a small laugh at her over-the-top enthusiasm. Despite the chaos around you, her energy was contagious. It was exactly what you needed to start your adventure in this strange, exciting city. And maybe, just maybe, you’d find yourself falling for LA the way everyone else did.

Ava tossed your suitcase into the trunk and hopped into the driver’s seat, motioning for you to get in. “Alright,” she said, turning the key in the ignition. “Let’s show you what this place is really about.”

As you slid into the passenger seat and buckled up, the city sprawled out in front of you. The buildings, the people, the cars—everything was moving so fast. You couldn’t help but feel like you were on the brink of something big. This trip was going to be more than just a visit; it was going to be an experience that might change everything.

Ava shot you a grin as she pulled onto the highway. “Ready for your first adventure in LA?”

You took a deep breath, a nervous excitement bubbling up inside of you. “I think so.”

⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯

The ride to Ava’s apartment was a whirlwind of sights and sounds. Palm trees lined the streets, swaying lazily in the breeze, their silhouettes framed against the setting sun. The cars zipped by, each one seemingly flashier than the last, and the billboards advertised everything from the latest blockbuster films to obscure yoga studios. Ava, ever the LA native-in-the-making, narrated the trip like a tour guide, pointing out landmarks and offering unsolicited advice.

“That’s Runyon Canyon,” she said, gesturing to a hill dotted with hikers. “Great for photos, but only go early in the morning. Otherwise, it’s hotter than hell.”

You nodded, your eyes wide as you took everything in. “Noted.”

“Oh, and you’ll definitely need to get used to traffic. Like, it’s not if you’ll sit in it—it’s how many hours of your life you’ll lose to it.”

The apartment complex Ava lived in was nestled in a lively neighborhood just outside of downtown. It wasn’t the most glamorous building, but it had charm, with colorful murals painted along the walls and a small courtyard with string lights hanging from the trees. As you stepped inside, dragging your suitcase behind you, Ava gave you a grand tour of her one-bedroom unit, which she’d converted into a makeshift two-bedroom by sectioning off the living room with a curtain.

“Sorry it’s not huge,” she said, flopping onto her bed as you set your suitcase down near the futon that would serve as your new sleeping spot. “But the location is killer, and it’s LA—no one actually hangs out in their apartment. We’ll be too busy living it up.”

You laughed, appreciating her enthusiasm even if you weren’t entirely sure you’d adjust to this new pace. The space itself was cozy, with mismatched furniture, a tiny kitchen, and windows that let in just enough light to make it feel inviting. Ava’s personality was everywhere—her collection of vintage magazines, her mood board filled with fabric swatches and fashion sketches, and an eclectic mix of candles and trinkets scattered on every surface.

That night, you spent hours unpacking while Ava filled you in on her plans for your first week. From trendy coffee shops to a thrift store crawl, she had your itinerary packed. But what caught your attention most was her excitement over the Outer Banks premiere.

“You have to come with me tonight,” she said, flopping onto your futon dramatically. “It’s going to be amazing. Red carpet, celebrities, the works.”

You hesitated, folding a sweater and setting it aside. “I don’t know, Ava. I just got here. Don’t you think I need a little time to settle in?”

She shook her head emphatically. “Nope. The best way to settle in is to jump in headfirst. Trust me, babe. You’ll love it. Plus, who knows? Maybe you’ll meet someone famous.”

You raised an eyebrow at her, but her grin was infectious. Despite your nerves, you couldn’t help but feel a little intrigued. The idea of attending a real Hollywood event was daunting, but also undeniably exciting. This was LA, after all—the city of endless possibilities.

“Okay,” you said finally, earning a squeal of delight from Ava. “But you owe me coffee for a week if this goes horribly wrong.”

“Deal,” she said, leaping to her feet. “Now, let’s find you something fabulous to wear.”

As Ava rummaged through her closet, tossing dresses and accessories your way, you couldn’t help but smile. Moving to LA was already proving to be as overwhelming as you’d feared, but with Ava by your side, you were starting to believe that maybe you could handle it.

⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯

You’d never been one for crowds, but when Ava forced convinced you to go the Outer Banks premiere in LA, you couldn’t turn it down. You weren’t a huge fan of the show, but you’d heard enough buzz to know it was a big deal. Plus, Ava had a knack for dragging you into her wild adventures, and when she’d said "Hollywood glamour," you couldn't help but get caught up in the excitement.

The red carpet was everything you imagined and more. Flashbulbs from cameras stung your eyes as celebrities in perfectly tailored suits and dresses posed for photos. You tried to focus on the stars walking by, but it felt like the entire city was crammed into this one street, and the noise—oh, the noise—was almost too much to bear. Ava had already spotted a few friends and pulled you along, her chatter almost drowned out by the sound of hundreds of voices and music blaring from speakers.

"I need to get a selfie with Drew Starkey!" Ava shouted over the noise, practically bouncing on her feet.

You blinked. Drew Starkey? The guy who played Rafe Cameron on Outer Banks?

"Wait, wait, wait," you protested, pulling back on her arm. "I’m not ready for that—"

But she was already off, threading her way through the crowd, her phone in hand, her eyes focused on the star she was aiming for. You sighed and tried to follow, but the crowd was thickening, and before you knew it, you were separated from Ava.

You glanced around, feeling your pulse quicken as the realization hit—you were lost. People were pushing past you, and the overwhelming mass of bodies made it hard to even catch your breath. Frantically, you glanced around for some way to escape the chaos, a backdoor, a quiet corner—anything.

That’s when you spotted a narrow alleyway just off the red carpet, tucked behind a line of sleek black cars. It was quiet. It was a chance to breathe.

You weaved through the crowd, trying to stay unnoticed, hoping to find an escape route or at least somewhere to collect yourself. But as you stepped into the alley, you felt a bit of relief—until a loud bang echoed from behind you.

Before you could react, the door to a building swung open, and you stumbled backward as the metal edge caught you square in the face.

The world tilted sideways.

Everything went black for a moment, and you stumbled backward into the wall of the alley, your hands instinctively reaching up to touch your face, feeling a sharp pain shoot across your forehead. What the hell just happened?

A voice—gruff and slightly panicked—came from the direction of the door. “Oh, God, I’m so sorry!”

You groaned, blinking your eyes open, your vision swimming. Standing in front of you, looking at you with wide, apologetic eyes, was none other than Drew Starkey himself.

You didn’t recognize him at first. Your head was swimming, and your pulse was racing. But then his face registered, and you froze. Drew Starkey?

“I didn’t see you there,” he said, reaching out as if to help you, but then pulling back as though unsure. “Are you okay? I’m so sorry. I—I didn’t mean to… hit you. I’m really sorry.”

You couldn’t find words right away. Your vision swam, and you felt lightheaded, your hand instinctively rising to your forehead to feel the throbbing pain.

“Do you need help? I can get someone…” His voice trailed off, a soft edge of concern in it now. “Please say you’re okay.”

Somehow, you found your voice, though it came out more like a pained whisper. “I think... I think I’m okay. Just... I need a second.”

His eyes were full of worry, but he took a step back, glancing around as if searching for someone to help. The alley was dimly lit, and you weren’t sure if anyone had even noticed the accident with how chaotic the premiere still was just beyond the alley.

“Look, um, I don’t know how to make this better. But can I help you?” Drew asked, his voice quieter now, as if he wasn’t sure how to approach you.

You stared at him, trying to focus. This was Drew Starkey. The actor you’d just been thinking about. And you’d gotten hit in the face by a door he opened. You blinked again, still struggling with the fog in your head.

“I’m really not sure you can fix this,” you managed to say, but there was a hint of humor in your voice. The ridiculousness of the situation, how absurd it felt, wasn’t lost on you. Here you were, standing in a back alley with Drew Starkey, and you were definitely not looking your best.

Drew chuckled, though there was still concern in his eyes. “Okay, fair enough,” he said, running a hand through his hair, making it even messier than usual. “But seriously, let me at least get you a drink or something. I feel awful.”

You hesitated, blinking away the dizziness. There was no denying you felt a little bit starstruck, standing face-to-face with him. But there was something else in his eyes now—something soft and genuine. He wasn’t acting like the celebrity you’d imagined, with all the flashy confidence. Instead, he seemed... human. Worried. And kind.

"Alright," you said slowly, trying to steady yourself.

⎯⎯⎯⎯⎯⎯⎯⎯⎯⎯

 You hadn’t realized how badly you were shaking until Drew gently guided you toward a nearby door. It looked like a back entrance to the venue, a simple wooden door with a security keypad next to it. He motioned for you to go first, his hand on the small of your back as though to steady you, and you couldn’t help but feel your heart rate spike for reasons entirely unrelated to the pain in your head.

“Okay, okay,” Drew said, pushing open the door with a soft creak. “We’re going inside where it’s a little quieter. We can sit for a second while you get your bearings. Deal?”

You nodded, your brain still struggling to catch up. This was really happening—you were with Drew Starkey right now. The man Ava has been obsessing over. But now, here he was, acting more like a guy who’d accidentally banged someone’s face with a door than some famous heartthrob.

Once inside, you realized it wasn’t some ritzy celebrity lounge or hidden VIP area, but rather a backstage hallway with a few chairs scattered around and crew members rushing by, deep in conversation or adjusting equipment. The lights were dim here too, but it was at least a bit more peaceful compared to the madness outside.

Drew led you to one of the chairs by the wall and sat down across from you, though not too far. He was careful not to invade your personal space, which you appreciated. He looked genuinely concerned, his brow furrowed as he examined your face.

“Does it hurt? I mean, does it feel like it’s swelling or anything? I’m no doctor, but...” He trailed off, rubbing the back of his neck awkwardly.

You winced, touching the side of your forehead again. It was definitely sore, a dull ache, but nothing that felt too serious. Yet.

“No, I think it’s just a bump. It’ll be fine,” you said, hoping you weren’t downplaying it too much. “It’s not the first time I’ve walked into a door, you know?”

Drew raised an eyebrow. “Really? That’s a new one for me. Usually, people walk into doors because they’re distracted or something, but... this feels a little more like a... targeted door.”

You couldn’t help but laugh, the sound shaky at first but more genuine as it left your mouth. “Well, if I’d known the door was going to open right into my face, I would've steered clear.”

He chuckled along with you, but his eyes still carried a hint of concern.

“Look, I’m really sorry. I didn’t mean for you to get hurt. I was just trying to get out of there before the paparazzi went wild. It’s been a long night.”

You could tell he was being sincere. There was no hint of ego in his voice, nothing that would make you feel like he was brushing it off because he was a celebrity—which, honestly, you might have expected in a situation like this. But Drew didn’t seem like the type.

“I’m just glad you’re not one of those celebrities who tries to act too cool to care,” you said, then realized how that might sound. “I mean, not that I thought you would be, but you know... it’s nice not to be treated like a random fan.”

He looked at you, tilting his head slightly, his expression softening. “I get it. I mean, I don’t think we’re all that different, you know? I’m just a guy with a weird job.”

“A weird job?” You raised an eyebrow, surprised by his humble tone.

“Yeah,” he said, shrugging. “I mean, I get paid to pretend to be someone I’m not for a living. How weird is that?”

You smiled. “Well, you’re pretty good at it. Everyone seems to love Rafe Cameron.”

Drew laughed, but it sounded a little forced. “Thanks, I guess. I don’t know if ‘love’ is the right word though, considering the character I play...”

You nodded in understanding. It was clear he wasn’t as fond of Rafe as most fans were. “True, true,” you said. “I mean, Rafe’s not exactly the most... well, likeable guy. But he’s interesting. He’s got layers, you know? I feel like he’s the kind of character you love to hate.”

Drew’s lips twitched into a faint smile. “Yeah. It’s definitely a challenge. But I’ll take it. It’s more fun playing a character who’s got that edge.”

The conversation lingered in an unexpected place of comfort, with the two of you talking like you had known each other far longer than just a few minutes. As you talked, you started to feel the fogginess in your head subside a little, your thoughts a bit clearer. You shifted in your chair, feeling a bit more steady.

"So, uh," Drew spoke up again, breaking the comfortable silence. "I feel like we should properly introduce ourselves now. I’m Drew, obviously." He grinned, though there was a hint of awkwardness in his eyes.

You smiled, feeling a little silly that you hadn’t introduced yourself earlier, but you were still kind of in shock. “I’m Y/N.”

“Well, Y/N, I’m really sorry again for hitting you in the face,” he said, still a little sheepish. "Maybe I can make it up to you somehow? Like, take you out for a drink or... I don’t know... find a way to help?"

It took you a moment to register the question, your mind racing. Was he asking you out? Or just trying to be nice?

Before you could overthink it, Drew added quickly, “Not in a weird way! Just... you know... trying to make it right.”

You couldn’t help but laugh. “I get it. I mean, a drink sounds nice—just... no more doors, okay?”

Drew's grin widened, clearly relieved by your response. “Deal. No more doors. And I’ll make sure to keep it to something a little more... calm.”

© 2024 rafeskai | All rights reserved. This fanfiction is a work of fiction inspired by characters from Outer Banks, and no part of it may be reproduced or distributed without permission.

[mostlysignssomeportents]

How finfluencers destroyed the housing and lives of thousands of people

For the rest of May, my bestselling solarpunk utopian novel THE LOST CAUSE (2023) is available as a $2.99, DRM-free ebook!

The crash of 2008 imparted many lessons to those of us who were only dimly aware of finance, especially the problems of complexity as a way of disguising fraud and recklessness. That was really the first lesson of 2008: "financial engineering" is mostly a way of obscuring crime behind a screen of technical jargon.

This is a vital principle to keep in mind, because obscenely well-resourced "financial engineers" are on a tireless, perennial search for opportunities to disguise fraud as innovation. As Riley Quinn says, "Any time you hear 'fintech,' substitute 'unlicensed bank'":

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

But there's another important lesson to learn from the 2008 disaster, a lesson that's as old as the South Seas Bubble: "leverage" (that is, debt) is a force multiplier for fraud. Easy credit for financial speculation turns local scams into regional crime waves; it turns regional crime into national crises; it turns national crises into destabilizing global meltdowns.

When financial speculators have easy access to credit, they "lever up" their wagers. A speculator buys your house and uses it for collateral for a loan to buy another house, then they make a bet using that house as collateral and buy a third house, and so on. This is an obviously terrible practice and lenders who extend credit on this basis end up riddling the real economy with rot – a single default in the chain can ripple up and down it and take down a whole neighborhood, town or city. Any time you see this behavior in debt markets, you should batten your hatches for the coming collapse. Unsurprisingly, this is very common in crypto speculation, where it's obscured behind the bland, unpronounceable euphemism of "re-hypothecation":

https://www.coindesk.com/consensus-magazine/2023/05/10/rehypothecation-may-be-common-in-traditional-finance-but-it-will-never-work-with-bitcoin/

Loose credit markets often originate with central banks. The dogma that holds that the only role the government has to play in tuning the economy is in setting interest rates at the Fed means the answer to a cooling economy is cranking down the prime rate, meaning that everyone earns less money on their savings and are therefore incentivized to go and risk their retirement playing at Wall Street's casino.

The "zero interest rate policy" shows what happens when this tactic is carried out for long enough. When the economy is built upon mountains of low-interest debt, when every business, every stick of physical plant, every car and every home is leveraged to the brim and cross-collateralized with one another, central bankers have to keep interest rates low. Raising them, even a little, could trigger waves of defaults and blow up the whole economy.

Holding interest rates at zero – or even flipping them to negative, so that your savings lose value every day you refuse to flush them into the finance casino – results in still more reckless betting, and that results in even more risk, which makes it even harder to put interest rates back up again.

This is a morally and economically complicated phenomenon. On the one hand, when the government provides risk-free bonds to investors (that is, when the Fed rate is over 0%), they're providing "universal basic income for people with money." If you have money, you can park it in T-Bills (Treasury bonds) and the US government will give you more money:

https://realprogressives.org/mmp-blog-34-responses/

On the other hand, while T-Bills exist and are foundational to the borrowing picture for speculators, ZIRP creates free debt for people with money – it allows for ever-greater, ever-deadlier forms of leverage, with ever-worsening consequences for turning off the tap. As 2008 forcibly reminded us, the vast mountains of complex derivatives and other forms of exotic debt only seems like an abstraction. In reality, these exotic financial instruments are directly tethered to real things in the real economy, and when the faery gold disappears, it takes down your home, your job, your community center, your schools, and your whole country's access to cancer medication:

https://www.theguardian.com/world/2012/jun/08/greek-drug-shortage-worsens

Being a billionaire automatically lowers your IQ by 30 points, as you are insulated from the consequences of your follies, lapses, prejudices and superstitions. As @pixelpusher220@dmv.community says, Elon Musk is what Howard Hughes would have turned into if he hadn't been a recluse:

https://mamot.fr/@pixelpusher220@dmv.community/112457199729198644

The same goes for financiers during periods of loose credit. Loose Fed money created an "everything bubble" that saw the prices of every asset explode, from housing to stocks, from wine to baseball cards. When every bet pays off, you win the game by betting on everything:

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

That meant that the ZIRPocene was an era in which ever-stupider people were given ever-larger sums of money to gamble with. This was the golden age of the "finfluencer" – a Tiktok dolt with a surefire way for you to get rich by making reckless bets that endanger the livelihoods, homes and wellbeing of your neighbors.

Finfluencers are dolts, but they're also dangerous. Writing for The American Prospect, the always-amazing Maureen Tkacik describes how a small clutch of passive-income-brainworm gurus created a financial weapon of mass destruction, buying swathes of apartment buildings and then destroying them, ruining the lives of their tenants, and their investors:

https://prospect.org/infrastructure/housing/2024-05-22-hell-underwater-landlord/

Tcacik's main characters are Matt Picheny, Brent Ritchie and Koteswar “Jay” Gajavelli, who ran a scheme to flip apartment buildings, primarily in Houston, America's fastest growing metro, which also boasts some of America's weakest protections for tenants. These finance bros worked through Gajavelli's company Applesway Investment Group, which levered up his investors' money with massive loans from Arbor Realty Trust, who also originated loans to many other speculators and flippers.

For investors, the scheme was a classic heads-I-win/tails-you-lose: Gajavelli paid himself a percentage of the price of every building he bought, a percentage of monthly rental income, and a percentage of the resale price. This is typical of the "syndicating" sector, which raised $111 billion on this basis:

https://www.wsj.com/articles/a-housing-bust-comes-for-thousands-of-small-time-investors-3934beb3

Gajavelli and co bought up whole swathes of Houston and other cities, apartment blocks both modest and luxurious, including buildings that had already been looted by previous speculators. As interest rates crept up and the payments for the adjustable-rate loans supporting these investments exploded, Gajavell's Applesway and its subsidiary LLCs started to stiff their suppliers. Garbage collection dwindled, then ceased. Water outages became common – first weekly, then daily. Community rooms and pools shuttered. Lawns grew to waist-high gardens of weeds, fouled with mounds of fossil dogshit. Crime ran rampant, including murders. Buildings filled with rats and bedbugs. Ceilings caved in. Toilets backed up. Hallways filled with raw sewage:

https://pluralistic.net/timberridge

Meanwhile, the value of these buildings was plummeting, and not just because of their terrible condition – the whole market was cooling off, in part thanks to those same interest-rate hikes. Because the loans were daisy-chained, problems with a single building threatened every building in the portfolio – and there were problems with a lot more than one building.

This ruination wasn't limited to Gajavelli's holdings. Arbor lent to multiple finfluencer grifters, providing the leverage for every Tiktok dolt to ruin a neighborhood of their choosing. Arbor's founder, the "flamboyant" Ivan Kaufman, is associated with a long list of bizarre pop-culture and financial freak incidents. These have somehow eclipsed his scandals, involving – you guessed it – buying up apartment buildings and turning them into dangerous slums. Two of his buildings in Hyattsville, MD accumulated 2,162 violations in less than three years.

Arbor graduated from owning slums to creating them, lending out money to grifters via a "crowdfunding" platform that rooked retail investors into the scam, taking advantage of Obama-era deregulation of "qualified investor" restrictions to sucker unsophisticated savers into handing over money that was funneled to dolts like Gajavelli. Arbor ran the loosest book in town, originating mortgages that wouldn't pass the (relatively lax) criteria of Fannie Mae and Freddie Mac. This created an ever-enlarging pool of apartments run by dolts, without the benefit of federal insurance. As one short-seller's report on Arbor put it, they were the origin of an epidemic of "Slumlord Millionaires":

https://viceroyresearch.org/wp-content/uploads/2023/11/Arbor-Slumlord-Millionaires-Jan-8-2023.pdf

The private equity grift is hard to understand from the outside, because it appears that a bunch of sober-sided, responsible institutions lose out big when PE firms default on their loans. But the story of the Slumlord Millionaires shows how such a scam could be durable over such long timescales: remember that the "syndicating" sector pays itself giant amounts of money whether it wins or loses. The consider that they finance this with investor capital from "crowdfunding" platforms that rope in naive investors. The owners of these crowdfunding platforms are conduits for the money to make the loans to make the bets – but it's not their money. Quite the contrary: they get a fee on every loan they originate, and a share of the interest payments, but they're not on the hook for loans that default. Heads they win, tails we lose.

In other words, these crooks are intermediaries – they're platforms. When you're on the customer side of the platform, it's easy to think that your misery benefits the sellers on the platform's other side. For example, it's easy to believe that as your Facebook feed becomes enshittified with ads, that advertisers are the beneficiaries of this enshittification.

But the reason you're seeing so many ads in your feed is that Facebook is also ripping off advertisers: charging them more, spending less to police ad-fraud, being sloppier with ad-targeting. If you're not paying for the product, you're the product. But if you are paying for the product? You're still the product:

https://pluralistic.net/2021/01/04/how-to-truth/#adfraud

In the same way: the private equity slumlord who raises your rent, loads up on junk fees, and lets your building disintegrate into a crime-riddled, sewage-tainted, rat-infested literal pile of garbage is absolutely fucking you over. But they're also fucking over their investors. They didn't buy the building with their own money, so they're not on the hook when it's condemned or when there's a forced sale. They got a share of the initial sale price, they get a percentage of your rental payments, so any upside they miss out on from a successful sale is just a little extra they're not getting. If they squeeze you hard enough, they can probably make up the difference.

The fact that this criminal playbook has wormed its way into every corner of the housing market makes it especially urgent and visible. Housing – shelter – is a human right, and no person can thrive without a stable home. The conversion of housing, from human right to speculative asset, has been a catastrophe:

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

Of course, that's not the only "asset class" that has been enshittified by private equity looters. They love any kind of business that you must patronize. Capitalists hate capitalism, so they love a captive audience, which is why PE took over your local nursing home and murdered your gran:

https://pluralistic.net/2021/02/23/acceptable-losses/#disposable-olds

Homes are the last asset of the middle class, and the grifter class know it, so they're coming for your house. Willie Sutton robbed banks because "that's where the money is" and We Buy Ugly Houses defrauds your parents out of their family home because that's where their money is:

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

The plague of housing speculation isn't a US-only phenomenon. We have allies in Spain who are fighting our Wall Street landlords:

https://pluralistic.net/2021/11/24/no-puedo-pagar-no-pagara/#fuckin-aardvarks

Also in Berlin:

https://pluralistic.net/2021/08/16/die-miete-ist-zu-hoch/#assets-v-human-rights

The fight for decent housing is the fight for a decent world. That's why unions have joined the fight for better, de-financialized housing. When a union member spends two hours commuting every day from a black-mold-filled apartment that costs 50% of their paycheck, they suffer just as surely as if their boss cut their wage:

https://pluralistic.net/2023/12/13/i-want-a-roof-over-my-head/#and-bread-on-the-table

The solutions to our housing crises aren't all that complicated – they just run counter to the interests of speculators and the ruling class. Rent control, which neoliberal economists have long dismissed as an impossible, inevitable disaster, actually works very well:

https://pluralistic.net/2023/05/16/mortgages-are-rent-control/#housing-is-a-human-right-not-an-asset

As does public housing:

https://jacobin.com/2023/10/red-vienna-public-affordable-housing-homelessness-matthew-yglesias

There are ways to have a decent home and a decent life without being burdened with debt, and without being a pawn in someone else's highly leveraged casino bet.

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/2024/05/22/koteswar-jay-gajavelli/#if-you-ever-go-to-houston

Image: Boy G/Google Maps (modified) https://pluralistic.net/timberridge

[cherrybombfangirlwrites]

Hey, remember how during Pride Month the writeblr community has posts circulating where queer authors are encouraged to promote their books with queer representation?

July is disability pride month, Disabled people are at risk of falling below the poverty line especially and i'd love to help those who are published get paid this month if i can, so...

Let's do the same thing but with Disability Pride Month!!!

Disabled Writers feel free to promote your stuff!

I'll start:

Hello, I'm Anna, I'm an Autistic and ADHD author! Here are my canonically disabled characters in books that will come out in like 50 years because I'm a slow writer:

(I noticed most of these are mental disabilities and disorders, probably because that's where most of my personal experience is, BUT i do have quite a few physical disabilities in there, and there's also quite a bit of intersectionality <333)

Prince Kaye (FSF series): Kaye has OCD! He's also mixed latino and bisexual <3 very sweet scrawny peacemaker prince born to a family of warlords <3

Captain Cassandra (FSF series): Cassandra is mute due to trading her voice and tail for human legs, and partially deaf due to an explosion on the seas during a battle. Due to losing her tail for human legs, she also experiences chronic pain in her feet (the original curse of every step feeling like walking on knives if you will). She's also plus sized, pansexual, and gets a pirate girlfriend

Erica (FSF series): Erica is an amputee pirate with a peg leg. She's also lesbian, polynesian, plus sized, and Cassandra's hopeless romantic pirate girlfriend.

Princess Hestia (FSF series): Hestia has an anxiety disorder! She's also plus sized, South Asian mixed (like her brother), and falls in love with a shy blonde bookworm trans boi named Elliot

Raven (FSF series): Raven is Autistic! He's a morally gray knight charged with being the personal bodyguard of a reckless princess. He's so Latino and bisexual <3

Princess Sapphire (FSF series): Sapphire has ADHD! She's the reckless adventure seeking and impulsive princess that Raven has to protect. She's also a redhead, and demisexual <3

Triveya (FSF series): Triveya is autistic and adhd! She's the resident wizard and magic expert in the cast of FSF, and is a little bit feral with a bubbly and nerdy personality

Kylee (TCIO series): Kylee is autistic and non speaking! She's a superhero with super speed and invisibility powers, and she's the youngest of the team while also being a mischievous and outgoing ball of sunshine

Bryson (TCIO series): Bryson is diabetic! I'm still developing his character so i haven't figured out which type he is yet (leaning towards type 2). He's the superhero team medic with healing powers (can't heal himself or emotional injuries with said powers), and he's also a black guy and the token straight of the team that's on thin ice

Chase (TCIO series): Chase has OCD, a bipolar mood disorder, and chronic depression and anxiety to go with it! He's the tech guy on the team of superheroes, and doesn't have any supernatural abilities, but he's really good with computers and tech. He's cynical and sarcastic (because of the ableism he's experienced in the past) but secretly does care, and he's also Romani American and Jewish!

Corie (Galaxy Des. series): Corie is a cyborg and has prosthetic limbs! She has a prosthetic eye, arm, and leg. The eye does come with a small interface and her arm does have a laser gun attachment. She built and repairs all of her robot parts herself, and is a highly feared and valuable assassin in the galactic underworld. She's also mixed brown and is AroAce!

NOVA (Galaxy Des. series): Nova is epileptic! She is an android who was scrapped due to malfunction, and became a smuggler who is good at her trade. Due to faulty wiring she's epileptic. She's a cynical and grumpy android who accidentally falls in love with a loveable human lesbian rogue. She's bisexual and has shiny chrome skin with cyan lighting in the cracks.

Pandora (Galaxy Des. series): Pandora is a part-time wheelchair user, autistic and adhd, and tourettic! He is a biologist that formerly did morally questionable work for the galactic government, and now does that same work in the criminal underworld and sells it to the highest bidder. She also uses he/she pronouns, is mixed brown, and pansexual!

Ethel (unnamed witchy wip): Ethel has one eye and PTSD! She's a witch in a world where magic has just been outlawed, and a witch hunting cult has been hired by the new king and queen to hunt down and eradicate witches. She's also AroAce and very underdeveloped because this is a backburner wip.

Thanks for reading! Links to my wips are in my pinned post! If you are a disabled writer and or have disabled characters, do share!

Happy Disability Pride Month!

[ladybegood]

Marilyn Monroe and Arthur Miller leaving a performance of South Sea Bubble starring Vivien Leigh, 1956

[inthedayswhenlandswerefew]

1968 [Chapter 11: Hephaestus, God Of Fire]

A/N: Only 1 chapter left!!! 🥰💜

Series Summary: Aemond is embroiled in a fierce battle to secure the Democratic Party nomination and defeat his archnemesis, Richard Nixon, in the presidential election. You are his wife of two years and wholeheartedly indoctrinated into the Targaryen political dynasty. But you have an archnemesis of your own: Aemond’s chronically delinquent brother Aegon.

Series Warnings: Language, sexual content (18+ readers only), violence, bodily injury, character deaths, New Jersey, age-gap relationships, drinking, smoking, drugs, pregnancy and childbirth, kids with weird Greek names, historical topics including war and discrimination, math.

Word Count: 5.4k

Let me know if you’d like to be tagged! 🥰

💜 All of my writing can be found HERE! 💜

Here is our final interlude. Do you have the patience?

President Lyndon Baines Johnson has halted all U.S. attacks on North Vietnam: no bombs from the air, no infantry on the ground, no artillery shells launched by destroyers cruising in the South China Sea. The election will determine what happens next. If Nixon wins, military operations will resume until the South Vietnamese are in a sufficiently advantageous position to defend themselves from the communists. If Aemond is the victor, troop withdrawals will begin shortly after he is inaugurated on January 20th.

Regardless, it will not be until almost a full year from now, in October of 1969, that it becomes illegal for employers to reserve positions for men; the common practice of refusing to hire women with preschool-aged children will not be outlawed until 1971. Unmarried people will not be guaranteed access to contraception until 1972. Abortion will not be legalized across all fifty states until 1973. Women will not have a right to their own bank accounts or credit cards until 1974. It will not be illegal to exclude women from juries until 1975. The first female Supreme Court justice, Sandra Day O’Connor, will be appointed in 1981. There will be no female president of the United States, not for at least half a century after our story ends.

Each night on CBS Evening News, Walter Cronkite recaps the latest poll numbers. Nixon appears to have a slight advantage, due in large part to pulling ahead in Florida, Illinois, Ohio, and his home state of California. Aemond has comfortable leads in Texas, Pennsylvania, New York, and New Jersey. George Wallace will likely sweep the Deep South: Georgia, Alabama, Mississippi, Louisiana, and Arkansas. From their hovels, the racists rejoice. From her grave, Lurleen Wallace rests uneasily, scratching at the lid of her coffin with the bones of her fingers, entombed in dark oblivion like all the rest of the world’s discarded wives.

~~~~~~~~~~

You go for the door, but Aemond is faster; he catches you just as your hand is twisting the handle and the hinges creak. He throws you against the wall so hard the paintings rattle: replicas of Monets and Warhols, Almond Blossoms, The Birth of Venus. You fight, clawing at him, ripping off the eyepatch that Alys must have at last convinced him was no defeat to wear. The hollow, gore-colored abyss of his left eye socket beckons you to fall in and be burned: Hestia’s eternal hearth, the volcanic forge of Hephaestus. He’s fire all the way down, hunger and fury, bones charred black and brittle. You think of the uninhabitable furnace of Jupiter’s moon Io, lethal radiation, poisoned air, lava bubbling up like blood through a bullet wound.

“You can’t hit me,” you gasp. “You need me for photos—”

His knuckles are in your belly, crosshairs made of scar tissue. The air collapses out of your lungs; your vision dims like twilight, like an eclipse. You’re on the floor and trying to crawl away from him. Aemond’s fingers hook into the fabric of your robe; it matches the silk nightgown you wear beneath, a pale anemic pink, something soft and young and desireless, something eternally at others’ mercy, something to be guarded or gutted. He’s dragging you towards him.

He’s going to hit me again, he might even kill me.

“Stop, stop,” you plead, still struggling to breathe. “What if I’m pregnant?!”

You almost certainly can’t be, but Aemond doesn’t know that. Yet his lone eye glints like metal, like coins, no weak mortal compassion. “I would have no way of being sure it was mine.” And then he tries to cover your mouth as you scream for help. You bite at his fingers; your bare feet kick the wall. Your hair, long and loose and wild, flows around you like a bride’s veil.

Too late, Aemond realizes that the door is still open a crack from when you grabbed the handle. There are footsteps and a voice that crescendos as it approaches: “What on earth is going on in here…?” Fosco appears in the threshold, yellow tweed jacket, tight olive green trousers. He stares thunderstruck down at where you and Aemond are entangled on the floor.

You beg: “Fosco, help me.”

“No, no, no,” Fosco says, jolting from his paralysis and holding a hand out towards Aemond. “No, you cannot do this, whatever has happened, you cannot touch her like—”

“She’s not your wife,” Aemond says. She’s not your property. Fosco hesitates; his large dark eyes shifting between the two of you from behind his glasses.

“Aemond, brother, listen to—”

“Get out.” Aemond’s voice is low, searing, malignant.

“Fosco, please don’t leave me,” you whimper. You try to pry Aemond’s fingers off your robe; they dig in deeper, bruising the flesh underneath. “Don’t leave me, don’t let him hurt me.”

Abruptly, Fosco turns and sprints out of the room.

“No!” you shout after him before Aemond grabs your face, his hand like a claw, fingernails leaving half-moon indents in your cheeks, crushing pressure on your jaw.

“You’re trying to sabotage this campaign.”

“I didn’t see the reporters, I swear to God.”

He knocks the back of your skull against the wall so hard that you see momentary flashes like stars, that all the words vanish from your throat, that words cease to exist at all. “You’re a traitor. Do you know the penalty for treason? The U.S. Army would have you executed by firing squad. Zeus would chain you to a rock so your liver could be carved out.”

“You betrayed me first,” you hiss through clenched teeth, your head pounding hot and maroon.

“I have been working for this since before you were born. You can’t take it away from me. I won’t let you.”

“I did everything right and you still couldn’t love me.” You swing at Aemond and he catches your wounded hand, squeezes it, digs his thumb into the spot where the doctors stitched you closed. The pain is excruciating, incapacitating. You wail as scarlet flowers bloom through the white of your bandaged palm.

Now the door flies open again and Aegon collides with Aemond, sends him sprawling, crouches over you. He’s screaming something at Aemond, gripping your shoulder to keep you under him, his too-long hair hanging in his face, black turtleneck sweater, one of Daeron’s frayed army jackets thrown over it, ripped jeans, bare feet. Aemond grabs his brother by the lapel of his army jacket and draws back his fist. His golden wedding ring flashes in the grey November sunlight that streams in through the windows. Aegon doesn’t flinch. He’s taken knuckles to the face before; you remember cleaning blood off his skin under a streetlight in Biloxi, you remember not wanting to wash him away.

“Don’t you see what it will look like?!” Fosco is saying, trying to coax Aemond to relent. “If he is photographed with a busted face after that story comes out? If she has bruises or a black eye? By harming them you are confirming what your enemies have printed, and the voters will believe it is the truth.”

“They already know it’s true!” Aemond snatches the Wall Street Journal off the table and hurls it at Fosco. Then he paces back and forth through the room, glaring at where you are still crumpled on the floor, sobbing, cradling your bleeding hand to your chest. “It’s right there, three goddamn photographs, and that’s all it will take to bring down a lifetime of work!”

Fosco studies the pictures again, shaking his head, one hand covering his mouth. At last he offers weakly: “It could be worse, Aemond.”

“How could it be worse?!”

Aegon scrambles to Fosco to rip the newspaper out of his hands, then returns to you. He hasn’t seen the front-page story yet. He skims it frantically. “This? This is what you’re losing your mind over? It’s dark, it’s blurry, they can’t even see what’s going on!”

“I have one fucking eye and I can see it!”

“So come up with another explanation, this doesn’t prove anything.”

“If she costs me the election—”

“If you lose, it won’t be because of her!” Aegon roars back. “It will be because the Democrats have held the White House for eight years and the world has gone to hell on our watch, it will be because of Kennedy, and Johnson, and Vietnam and the riots and the hippies and the drugs and the assassinations, it will be because Nixon is promising law and order in a time when nobody is safe, it will be because you just weren’t good enough. But she has given more to your cause than anyone. You hit her and you’ll lose your other eye.”

“They were in conversation,” Fosco says, meaning the photos. The four of you know that’s not true; it is a lie for the rest of the world, it is hope for Aemond’s campaign. “On the beach. They were whispering, comforting each other. Because of Mimi. That is all.”

Aemond scoffs, his remaining eye fierce and wrathful as it lands on you again. Aegon grips your shoulder, still crouching over you, still shielding you. “You bitch. I should have left you at that party in Manhattan to be the dope-smoking whore you were when I found you.”

“I shouldn’t have helped save your life in Palm Beach.”

And Aemond blinks at you, not hurt but bewildered, like he doesn’t understand your words, like what you said is impossible. He doesn’t believe you saved him. He believes it was God’s will.

Otto storms into the hotel room and takes in the scene: you and Aegon on the floor, Aemond pacing furiously, Fosco attempting to mediate. “Nobody says anything,” Otto commands, deep booming voice, black suit like he’s going to a funeral. “The Wall Street Journal hates Aemond. Everyone knows that, they’re probably the only national publication that would run the story. Our newspapers are already pushing the counternarrative, that this was a shameful, deceitful, desperate attempt to discredit Aemond right before the election. Our supporters will insist upon an innocent explanation. Nixon’s will use the photos as evidence of our degeneracy, our amorality, us immigrants with our strange faith and our progressive politics. Everyone else in the country will be warring over this headline. We will say nothing. We will conduct business as usual. The best thing we can do now is go out there and keep our schedule as planned.” He looks meaningfully at Aemond. “And your wife must be at your side. Smiling, unscathed, devoted.”

“I lost my composure,” Aemond says to you, more collected now, businesslike. He is smoothing any wrinkles out of his suit jacket. “I was wrong to put my hands on you. I apologize for that. It was beneath me.”

You reply: “Very little is beneath you, I’ve learned.”

“You have been.” A trace of a grin, crooked and cruel. “Plenty of times. And you will be again.”

Aegon is watching is brother, seething but terrified, sheltering you with power that is only illusory, never real. It is a mirage that Aemond or Otto could punch through at any moment. It is glass that would shatter into crystalline dust.

“If I win, you will beg on your knees for forgiveness,” Aemond tells you. “You will beg in private, you will be perfection in public, and I will magnanimously overlook this indiscretion in which you were taken advantage of by my notoriously dissolute brother. There was no affair. There was a fleeting moment of weakness on your part and depravity on Aegon’s. We will put it in the past. I will be the president of the United States and you will be my first lady. You will spend every second of your existence in service of my career, my country, and my legacy. You will give me children. You will obey me entirely. And you and Aegon will never be in a room alone together for the rest of your lives.”

“You can’t keep me away from her,” Aegon says.

“I just did. I make the rules here, I am the heir to this empire. If you wanted that responsibility, you should have seized it. You squandered it, you cursed it. It’s mine now.”

A whisper: “Aemond, it’ll kill me.”

“Then have the dignity to die quietly. It will be the most useful thing you’ve ever done.”

“Aegon must be seen in public too,” Fosco says, trying to sound like he isn’t defending him. “If you appear to be punishing or excluding him, it will be used as evidence of his guilt.”

Aemond nods, then turns to his brother. “As soon as the election is called, whichever way it goes, I want you gone. I don’t care where you go. I don’t care what happens to you once you’re there. You will disappear. We will say it was your choice, and if you comply you can keep your children and receive a modest amount of severance pay to get you started. And as long as you abide by my terms, my wife will not be harmed.”

Aegon doesn’t reply. His large Atlantic-blue eyes glisten, his lips tremble, his hand is still on your shoulder. You think through the throbbing pain of your bleeding palm: Is this the last time he’ll ever touch me?

Otto grabs Aegon, wrenches him away from you, drags him yowling and clawing at the carpet through the doorway.

~~~~~~~~~~

Your hand is freshly bandaged, pristine white gauze that people in the crowd jostle to touch like the relic of a saint, to pray over, to kiss. Men tell you how brave you are to bear the pain without weeping. Women give you komboskini, stained not with their husband’s blood but with only the clean, colorless ether of hope, faith, reverence, love.

Fosco and Helaena have been dispatched to accompany the children on a tour of the Franklin Institute, one of the oldest centers of science education in the nation. Aemond is giving a speech in front of the Liberty Bell at Independence Hall. You and the others are arranged around him like a starving crescent moon. You are standing immediately on Aemond’s left side, Aegon placed at his right. He looks drunk, he looks drugged; you aren’t sure if anyone else can tell, but you can. His cheeks are flushed. His eyes are pools of murky, desolate indigo like the night sky between stars. A few attendees give the two of you curious glances, but no mention is made of the accusations in the Wall Street Journal. You get the sense that if someone took it upon themselves to ask a question on the subject, they would be jeered, reviled, banished like President Johnson, who is currently besieged in the White House by the ghosts of Vietnam.

When you look to Aemond, you see his scar, his prosthetic eye, fierce and stoic determination in the lines of his face. He is quoting the inscription on the bell: “Proclaim liberty throughout all the land unto all the inhabitants thereof…” The bronze metal has a crack in it like one of Zeus’s lightning bolts. The smile on your face is frozen, demure, humble. Aegon’s eyes accidentally catch on yours—a childlike vulnerability, a deep raw woundedness—and then swiftly dart away.

“America is the Land of Opportunity, but some have forgotten that,” Aemond says into the microphone, and vengeance creeps into his voice like a spider up a wall. “Unfortunately, for as long as new communities have arrived at our shores, vile and prejudiced lies have been used to demonize them. Greek immigrants have been crossing the Atlantic for over a century. In 1909, rioters violently expelled them from Omaha, Nebraska. In 1922, an anti-Greek initiative was launched by the Ku Klux Klan. In 1924, Congress drastically restricted my people’s entry in favor of migrants from Northwestern European nations like Britain and Germany. Greeks have been condemned as unintelligent, immoral, and unworthy of the glorious opportunities of this country. We have been barred from jobs and universities, we have been used as cannon fodder in the World Wars. Discrimination against any group is antithetical to the American Dream. I have given an eye for this nation, my wife has bled for it, my brother has—even in the midst of personal tragedy—uprooted his life and the lives of his children to fight alongside me for a better America, and I will not stand by silently as the Targaryen name is tarnished by bigoted falsehoods…”

Now you can no longer hear him over the thunder of the applause, and you remember all the other faces in all those other cities, their eyes illuminated as if by fire, as if by the sun. You imagine devotees of the Greek gods bowing low in temples of white marble and flickering torches, bringing offerings of gold and livestock, grain and blood, murmuring prayers, bargaining for miracles. Did the gods hear them? Do the gods love anyone but themselves?

Alicent and Criston are watching you and Aegon with the same eyes: large, dark, shimmering, a curious combination of horror and profound sympathy. You can feel yourself becoming a ghost, a legend, a myth. One day people will read about you in textbooks and academic journals, in plaques erected at Aemond’s alma mater, Columbia University, and your own, Manhattanville College; and they will know only the fabled version of you. Who you really were will fade into nothingness like Echo, like Icarus into the waves, like Eurydice when her lover Orpheus dared to glimpse back at her.

That night in your penthouse suite at the Ritz-Carlton, you get out of the bathtub—dewy with steam, donning your pink robe—and then go to your side of the king-sized bed and slide open the top drawer of the nightstand. The card Aegon gave you at Mount Sinai isn’t there. Your heartbeat quickens; your stomach lurches.

“What…?”

You get down on your knees to reach into the back of the drawer, to see if the card has snagged somewhere. You hear footsteps and whirl to see Aemond standing in the doorway between the bedroom and the living room. He is holding the card. The cartoon cow beams jubilantly at you. You recall what Aegon wrote inside after crossing out the manufacturer’s message: I thought this was blank…congrats on the new calf! As your eyes widen, Aemond rips the card down the middle.

“Don’t!” you scream, rushing for him. “Please don’t, it’s all I have from—!”

Aemond shoves you back and then, with a grin more like a wolf baring its teeth, tears through the remnants again and again until the card is nothing but shreds. He opens the sliding glass door that leads out onto the balcony and throws them into the cold night wind, where they scatter in a flurry like snowflakes, like bones turned to splinters by cluster bombs in the swamps of Vietnam.

The paper fragments spiral down thirty stories towards the zooming headlights on South Broad Street, and you think about following them. Then Aemond pulls you into his arms as frigid air blows through you and whispers: “You don’t need Aegon anymore. You just need me.”

~~~~~~~~~~

It’s Monday, November 4th, and you are walking alongside Ludwika on Broadway in Astoria, Queens, the part of New York City known as Greektown. She chats about the modelling jobs she did here before meeting Otto, her Louis Vuitton stilettos clicking on the sidewalk, her Camel cigarettes smudged with red Yardley lipstick. It is an act of kindness; she is trying to distract you. A few yards away, Fosco is telling Aegon about how he just won $500 by betting on the NASCAR Peach State 200, held at Jefco Speedway in Georgia. Aegon nods along, preoccupied, miserable. He has dark shadows around his eyes and is smoking one of his Lucky Strikes. He is wearing a green knit cap, windblown curls of his blonde hair escaping from underneath. You’re not supposed to stare at Aegon, but sometimes you can’t help it. You miss him. You’re worried about him.

The Targaryens have suites reserved at the Plaza Hotel in Manhattan, where the family will stay through Election Day to witness the results as they are tallied on the evening news. The children are there now, enjoying pizza from Little Italy with Helaena and the nannies. But you and the other adults are being photographed by flocks of journalists as you head for lunch at one of the oldest Greek diners in the United States, paying homage to Aemond’s ancestry. The candidate himself is locked in a fraught conversation with Otto and Criston: polls gaining here, polls slipping there, Nixon inching further ahead in Florida, the state you were supposed to help Aemond win.

“What should I order?” Ludwika asks you. “Not spinach pie, oh, horrible, worse than Hitler. Something else. Why can’t we go to a Polish restaurant for once? I will take you sometime. You will see. You will try a pierogi and never look back. We invented bagels, you know.”

“Beagles?” Fosco says. “What an accomplishment! They are so cute!”

“Bagels, stupido.”

“Do not bully me. I am suffering too. I should be back at the hotel eating a prosciutto pizza.”

As you pass an electronics shop with stacks of televisions in the windows, all turned to NBC news, the journalists begin to gasp and chatter excitedly amongst themselves. The flashbulbs strobe madly, shutters clicking and reporters shouting for Aemond to give them a comment. The youngest Targaryen brother has appeared on the screens, bruised and gaunt and missing teeth. He looks twenty years older than he is. His once-golden hair is turning white.

Otto sputters: “What…what the hell is that?!”

“Oh my God, Daeron!” Alicent howls, and then bursts into the shop so she can hear what her lost son is saying. The rest of you hurry after her, locking the front door behind you so the journalists can’t follow. Through the windows, they take photographs until Fosco and Ludwika lower the blinds.

Inside the maze of electronics, three adolescent employees gawk at the presidential candidate and his retinue. “Out,” Otto instructs them, and then, when they are too stunned to immediately vacate the premises: “I said, get out!” The teenagers scurry into the backroom and slam the door.

“Daeron,” Alicent moans in front of a Zenith color television. Tears flow torrentially from her huge, horrified eyes. Criston holds her, arms circling, his cheek pressed to hers, and you are reminded of how Aegon touched you in your hotel room in Houston, in his basement at Asteria, on the shores of the Atlantic Ocean.

Daeron is saying: “The United States has committed war crimes in Vietnam. I am ashamed of the actions my country has taken here. We have burned children with napalm, executed innocent civilians, and interfered in matters that we have no legitimate jurisdiction over…”

“He is reading from a script,” Fosco says. “You can see his eyes following the words.”

“Shh,” Otto snaps.

Daeron continues: “The only honorable course of action now is to immediately withdrawal all American soldiers from Vietnam…”

“I think this will help us, actually,” Otto says. “People will know he’s being forced to make propaganda for the communists, and they will have sympathy for him and the family. They’ll want to rescue him and all the other servicemen too. He’s obviously…under duress.”

Aegon drops to his knees and puts his palm against the screen over Daeron’s face, just like the shadows of your fingers once fell over Ari as he fought for his life in an incubator in Mount Sinai Hospital. “Do you see what they’re doing to him?” He turns to Aemond with tears in his eyes. “What you did to him? You left him there, you abandoned him, and now he’s being tortured.”

Alicent looks to Aemond, puzzled, petrified. “You tried to get him out, didn’t you?” Aemond doesn’t answer. Otto averts his gaze, counting the tiles on the floor.

“Dear lord,” Ludwika mutters, lighting a fresh Camel cigarette and puffing on it anxiously.

“Was it worth it?” Aegon demands. “Selling your soul?”

Aemond is steely, resolved. “It’s almost over.”

“You were all right.” Aegon stands, wiping his eyes with the sleeve of his green-striped sweater. “I don’t have what it takes to win the presidency. I couldn’t do something like this. Me, the perennial fuckup. Me, the godless degenerate.”

“Aegon,” Alicent whispers. “Please…please don’t…”

He turns to his mother, insurmountably sad. “Mom, I tried to stop him.” Alicent sobs and covers her face with both hands as Criston embraces her. She can’t even look at Aemond. She can’t believe what he’s become. Her long coppery hair flows like blood.

You reach for Aegon, your fingertips brushing his ruddy cheek, and immediately he folds into you, burying his face in the curve of your neck, breathing in your warmth as you inhale his smoke and rum and pain and terror. “Daeron will be home soon,” you say, not knowing if it’s true. Your bandaged hand aches; your throat burns.

“I should have gone instead. It should have been me.”

“No, Aegon. Your children need you, I need you. I wouldn’t have made it without you.”

Then Aemond yanks you away, his grip on your wrist like an anchor, like chains.

~~~~~~~~~~

“Dad, play us something,” Orion says; and it is the first time you can remember him calling Aegon that. Aegon smiles. He’s sitting on one of the couches in the penthouse suite you share with Aemond, the Gibson guitar he bought back in July lying across his lap as he strums it absentmindedly. The television is on and turned to CBS News. It’s just before midnight on Tuesday, November 5th, Election Day. The children are thrilled. It’s the one night they’re allowed to stay up as late as they’re physically able to. This allowance is not purely altruistic; Aemond wants them awake and ready for photographs as soon as the winner is announced.

“What should I play?”

“Frank Sinatra,” Fosco says. He is beside Aegon on the couch, smoking a cigar and flipping through the Sports section of the New York Times, which he’s not really reading.

“Marvin Gaye,” Ludwika suggests. They are both on your side of the room. Aemond, Otto, Sargent Shriver, and a number of campaign staffers are huddled around the television, transfixed by the ever-updating vote totals. Alicent and Criston are between your factions, murmuring back and forth to each other, flutes of golden champagne in their hands. Helaena is on the floor entertaining Violeta, Daphne, and Neaera with Crayolas and coloring books full of scenes from gardens. You recall how eerily calm Helaena had been the night Aemond was shot in Palm Beach, like she somehow already knew he’d survive. Now she is nervous, looking fretfully around the room, wringing her hands, filling outlines of butterflies with ten different shades of blue.

“The Beatles,” Orion tells Aegon, casting Fosco and Ludwika a judgmental teenage glance.

“Any particular song?”

“You can pick.”

Aegon sips at his rum, ice cubes clinking in the glass. He looks over to the coffee table, where you are embroiled in a game of Battleship with Cosmo. He’s getting better; he’s genuinely sunk your destroyer and submarine so far. Then Aegon’s eyes drop to his guitar strings and he plucks the opening notes of In My Life. His voice is soft and low, almost secretive.

“There are places I’ll remember

All my life, though some have changed

Some forever, not for better

Some have gone and some remain…”

Cosmo turns to watch his father. Orion, Spiro, Thaddeus, and Evangelos are gathered around Aegon’s feet, gazing up at him with admiration, with love.

“All these places had their moments

With lovers and friends, I still can recall

Some are dead and some are living

In my life, I’ve loved them all...”

Cheers erupt over by the television; Aemond has just won Michigan. But then tense, indistinct deliberations follow. Florida is still too close to call, a bad omen. You wonder where Alys is as she watches the results come in. There must be some part of her—however small, however smothered—that fears Aemond will win. If he captures the presidency, she could be separated from the man she loves for the better part of a decade. You drink your Pink Squirrel, wishing it was stronger. You think of sea sponge divers down in the depths and imagine what that first gulp of air tastes like when they resurface, when they shed their rubber suits and brass helmets and step back into sunlight, warmth, freedom like Persephone returning from the Underworld each spring.

“But of all these friends and lovers

There is no one compares with you

And these memories lose their meaning

When I think of love as something new…”

You wear a sapphire-colored gown that Aemond chose for you, strings of silver around your wrist and throat, diamond teardrops hanging from your ears. Your hair is up, your fingernails painted a tasteful opalescent shade, the aching of your bandaged hand dulled by booze and Vicodin.

“Though I know I’ll never lose affection

For people and things that went before

I know I’ll often stop and think about them

In my life, I love you more.”

More triumphant shouts and applause across the room by the television: Aemond has won Washington state. From his own suite at the St. Regis Hotel a few blocks south on 5th Avenue, Nixon’s people must be celebrating that he just secured Ohio’s 26 electoral votes. He needs 270 to be the next president of the United States.

Florida, you think. If Nixon can take Florida, I think he’ll win the whole thing.

As Aemond and Otto are distracted, as Fosco and Ludwika watch with pitying, knowing eyes, Aegon sets his guitar aside and walks by you with his rum in hand, taps your shoulder, disappears onto the balcony. You wait a few minutes—Cosmo wins Battleship and goes to color on the floor with Helaena—and then follow Aegon.

Outside the night sky is moonless, starless, thick with clouds. Rain is beginning to fall, soft hushed pattering. Far below taxis and limousines are still rushing and blowing their horns on West 59th Street. You can see the vast forested shadow of Central Park and streetlights like constellations. In apartments and office buildings, windows are illuminated as Americans sit numbing their fears with beer, wine, shots of liquor, smoldering hand-rolled joints.

Aegon is cross-legged at the ledge, one hand on the iron bars of the railing, staring out at the nightscape of Manhattan. His hair lashes in the cold November wind. His nose is pink, his eyes wet and faraway. He passes his Lucky Strike cigarette to you as you join him and says: “I don’t think Aemond can win without Florida.”

“No,” you agree, taking a drag.

Aegon snatches a rattling orange bottle from the pocket of his olive green army jacket, pops it open, and swallows three pills with a swig of straight rum, dark amber poison.

“Don’t do that,” you say, you plead.

“I need it, babe.”

“I want you to still be alive in ten years.”

Aegon smiles and reaches over to pat your cheek twice. “I think that ship might have sailed, little Io.” Can decades of self-destruction be undone, uninflicted, nullified like Heracles becoming immortal? Can the Underworld be escaped? “Come with me. No matter what happens tonight.”

“Aegon, I can’t.”

“I’m in love with you.”

“If I leave, he’ll hurt you. He’ll hurt me worse.”

“It’s not fair,” Aegon says, his voice breaking.

“Nothing is.”

There is an uproar inside the hotel room, screams that could be horror or triumph, realized dreams, breaking bones, bullets through flesh. You and Aegon are on your feet, hauling the balcony door open, stepping through the threshold into the rest of your lives.

Glasses are being toasted until champagne rains down onto the carpet. The telephone is ringing so Nixon can concede. On CBS News, Walter Cronkite is reporting that Aemond has won Florida and thereby accumulated 270 electoral votes. The blue text on the screen reads: Senator Targaryen will be the 37th president of the United States.

[scienceisdope]

A bubble snail is a type of marine gastropod that is between a sea slug (nudibranch) and a snail. They have fragile, small shells that often do not cover the snail’s entire body. These marine snails use their large heads, called headshields, to burrow through the sand.

This elusive sea snail is found throughout the Indo-West Pacific and Atlantic Oceans, including off the coast of the US, South Africa, Japan, Thailand, and in very rare cases, Australia.

Video credit (and permission by): @uw.animals

[kc22invesmentsblog]

Lessons from History: The South Sea Bubble of 1720

Written by Delvin Welcome to another insightful blog post! Today, we delve into a significant event in financial history, the South Sea Bubble of 1720. This cautionary tale takes us back to a time when the South Sea Company, a British trading company, witnessed a speculative frenzy that ultimately led to a catastrophic collapse. Join us as we explore the causes, consequences, and valuable…

[novembermorgon]

Can we hear more about meralyn? I love her!

YAYY meralyn <3

honestly i don't have SUUPER in depth lore for her ... but .... she's from a noble family in lys, where she grew up the youngest of five siblings - when she turns 17 she leaves for westeros with her father, on a little business trip for him & from her perspective just for fun. she ends up staying around for longer because she finds herself really enjoying court (she's young and naive and hasnt ever left lys before) - before then finding herself in a secret exciting little relationship with aenys. i imagine shes charmed by him being kind and a bit older than her and the fact he shares her interest in music and dancing and all the fun pretty good things in life .

it's sort of a lowkey thing for as long as she's there, never officially recognized because the faith probably wouldn't be very happy about it, but people kind of just Know . i definitely think meralyn is more fond of him than he is her - for her it's a kind of first love situation, where she's never experienced anything else and sees it as an almost storybook esque romance whereas to aenys she really is just a mistress and a passing fancy even though he keeps her around for a long time. they have a son, aurane, who he goes to see when he feels like it and then never thinks about <3

when things begin to go south with the faith she leaves (in late 41ac), going back to lys to her family a few months before aenys dies . she's heartbroken both having to leave and at his death, but settles into a pretty normal life in lys until 44ac, where right after alys harroway's death she gets invited back to court by maegor . she's his dead brother's mistress and she gave aenys a child so obviously she should marry him and she'll definitely give him one as well ❤️

unlike basically everyone at court (who are very rightfully freaked out and scared of him) i think meralyn once again falls into that pit of Omg how romantic this is so dreamy and she does end up liking maegor a lot just as she did his brother . i'm not a big fan of the maegor being doomed to have dead magic babies forever theory (just personal preference + i think an explaination more in line with henry viii and his wives issues conceiving is more interesting) so she does have a son with him named aegon who ends up dying after a few years. he blames her, because of his terrible paranoia, and with the help of her maester she runs off again back across the sea right before he dies

as for tyanna ... i think while she's still alive meralyn finds some comfort in knowing that she's also a foreign woman at court, when she herself hasn't really managed to fully 'fit in'. i imagine she still to some degree follows her lyseni gods still, and likes her lyseni fashions - tyanna isn't especially interested in her because she's way too bubbly and outgoing and happy but probably lets her hang out in her little potion making tower once in a while. maybe they get to kiss . yay ❤️