#annual financial accounts

[buildtrustaus]

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[tracychamberlainhigginbotham]

(via Wednesday Wisdom: The Real Bottom Line)

[raindropssys]

let's help Amal For Women provide aid to families in Sudan! If you cannot donate, spread this around! as of 2/22/2024, their GFM has only raised $55 out of the $10,000 goal -- it only received six donations.

GFM: https://gofund.me/2484e5bf

other donation options: https://linktr.ee/amalforwomen

Original post by @Kandakat_alhaqq on Twitter:

"My organization, Amal For Women (http://Amalforwomen.org), annually conducts a Ramadan food basket initiative for Sudan. Our nonprofit previously funded businesses for single mothers pre-war, alongside a successful orphan sponsorship campaign. Traditionally, we fundraised before Ramadan and our Sudanese representatives procured and distributed the baskets to families in need. However, due to the ongoing war, this year we're shifting to providing financial assistance instead of physical baskets, prioritizing safety and practicality in aid distribution. Typically, each basket costs around $70 and includes essential items like rice, sugar, tea, onions, wheat, cooking oil, pasta, dates, milk, and lentils. Rest assured, funds will be transparently and accountably distributed by trusted representatives. Your support directly aids those affected by conflict, so please share this initiative with your family and friends.

💚 GoFundMe: https://gofund.me/2484e5bf. 💚 Multiple donation options: https://linktr.ee/amalforwomen

#keepeyesonsudan"

[nightpool]

If you are an auditor, and you call up the chief financial officer of the company you are auditing and ask “hey when is a convenient time for me to come to your office to review the books,” and he replies “no, no office, parking lot,” and you say “okay I’ll drive to your office and you’ll come down—” and he says “oh no, not our parking lot, a different parking lot,” and you meet him in a parking lot 40 miles from his office, and he hands you printouts of the financial statements and drives away, how should you begin your audit? Which of the financial statements is most likely to contain red flags or discrepancies to be addressed? I feel like the answer is “the parking lot”? If I were auditing those financial statements, most of my questions would not be about technical accounting matters but “why are we meeting in a parking lot again?”

Here is a story about the CFO of the Detroit Riverfront Conservancy, William Smith, who was arrested last week for allegedly stealing $40 million from the nonprofit:

"Mr. Smith’s grip on the nonprofit’s finances was so tight that even the nonprofit’s accountant, charged with tracking spending, could not log into one of the group’s bank accounts. Only Mr. Smith had the password. He gave her the bank statements on paper and met her only four times a year, in the parking lot of a Honey Baked Ham store 40 miles from the office. […]

"Brian Mittendorf, a professor who studies nonprofit accounting at Ohio State University, said that the conservancy’s official documents show that it took steps to safeguard its finances — including oversight from its board of directors and annual audits.

"‘All these things sound as if it’s an organization with a pretty robust review in place. On the other hand, only one person can access the money, and provides paper copies in a Honey Baked Ham parking lot?’ Mr. Mittendorf said. ‘Those sound like the opposite of a robust governance mechanism.’"

As it happens, Smith allegedly altered the bank statements by “[removing] the payments to himself and [replacing] them with fake payments to other vendors.” I still don’t fully understand the parking lot, though? Like you can meet the accountant in your office to hand over the doctored paper financial statements; just unplug your computer first. I just feel like meeting in the parking lot sends a pretty strong message of “I AM DOING CRIME” that you might want to avoid, if you are doing crime.

[chilledstrawberrysoda]

Do you think that Neil gets to write off his "charitable donations" to the moriyama's on his taxes or would that be too big of a risk because I feel like he would almost certainly get audited if he claimed on his taxes that he was donating EIGHTY PERCENT of his total income? But if he really is making what we assume of a professional athlete that puts him in one of the highest tax brackets at like 37% annually, so are the moriyama's taking 80% of his gross income or 80% of his income after taxes and agent fees (because those will be part of his expenses).

I'm genuinely very curious about the logistics of this deal like the moriyama's had to send him something explaining once he was signed right? Did they give him an accountant so he wouldn't fuck it up or raise any red flags? I want a fic about the technical aspects of paying the mafia for your safety.

I know Neil would 100% be capable of doing his own taxes but I really think he would find it overwhelming and stressful to file his taxes and not raise any red flags that would bring the moriyama's onto the IRS radar and possibly jeopardize his safety.

Also if Neil is paying enough to the moriyama's to put him at a 17% deficit is Andrew just paying for Neil's whole life??? Would it look less suspicious to be donating such large amounts if they got married "for tax benefits"? Has anyone written a fic about this? Would it be boring to just have a whole fic that's like a meeting with Neil and the moriyama's financial division going over what would be enough for Neil to love on and how he could best go about filing taxes?

[mostlysignssomeportents]

The long, bloody lineage of private equity's looting

Tomorrow (June 3) at 1:30PM, I’m in Edinburgh for the Cymera Festival on a panel with Nina Allen and Ian McDonald.

Monday (June 5) at 7:15PM, I’m in London at the British Library with my novel Red Team Blues, hosted by Baroness Martha Lane Fox.

Fans of the Sopranos will remember the “bust out” as a mob tactic in which a business is taken over, loaded up with debt, and driven into the ground, wrecking the lives of the business’s workers, customers and suppliers. When the mafia does this, we call it a bust out; when Wall Street does it, we call it “private equity.”

It used to be that we rarely heard about private equity, but then, as national chains and iconic companies started to vanish, this mysterious financial arrangement popped up with increasing frequency. When a finance bro’s presentation on why Olive Garden needed to be re-orged when viral, there was a lot off snickering about the decline of a tacky business whose value prop was unlimited carbs. But the bro was working for Starboard Value, a hedge fund that specialized in buhying out and killing off companies, pocketing billions while destroying profitable businesses.

https://www.salon.com/2014/09/17/the_real_olive_garden_scandal_why_greedy_hedge_funders_suddenly_care_so_much_about_breadsticks/

Starboard Value’s game was straightforward: buy a business, load it with debt, sell off its physical plant — the buildings it did business out of — pay itself, and then have the business lease back the buildings, bleeding out money until it collapsed. They pulled it with Red Lobster,and the point of the viral Olive Garden dis track was to soften up the company for its own bust out.

The bust out tactic wasn’t limited to mocking middlebrow family restaurants. For years, the crooks who ran these ops did a brisk trade in blaming the internet. Why did Sears tank? Everyone knows that the 19th century business was an antique, incapable of mounting a challenge in the age of e-commerce. That was a great smokescreen for an old-fashioned bust out that saw corporate looters make off with hundreds of millions, leaving behind empty storefronts and emptier pension accounts for the workers who built the wealth the looters stole:

https://prospect.org/economy/vulture-capitalism-killed-sears/

Same goes for Toys R Us: it wasn’t Amazon that killed the iconic toy retailer — it was the PE bosses who extracted $200m from the chain, then walked away, hands in pockets and whistling, while the businesses collapsed and the workers got zero severance:

https://www.washingtonpost.com/news/business/wp/2018/06/01/how-can-they-walk-away-with-millions-and-leave-workers-with-zero-toys-r-us-workers-say-they-deserve-severance/

It’s a good racket — for the racketeers. Private equity has grown from a finance sideshow to Wall Street’s apex predator, and it’s devouring the real economy through a string of audactious bust outs, each more consequential and depraved than the last.

As PE shows that it can turn profitable businesses gigantic windfalls, sticking the rest of us with the job of sorting out the smoking craters they leave behind, more and more investors are piling in. Today, the PE sector loves a rollup, which is when they buy several related businesses and merge them into one firm. The nominal business-case for a rollup is that the new, bigger firm is more “efficient.” In reality, a rollup’s strength is in eliminating competition. When all the pet groomers, or funeral homes, or urgent care clinics for ten miles share the same owner, they can raise prices, lower wages, and fuck over suppliers.

They can also borrow. A quirk of the credit markets is that a standalone small business is valued at about 3–5x its annual revenues. But if that business is part of a large firm, it is valued at 10–20x annual turnover. That means that when a private equity company rolls up a comedy club, ad agency or water bottler (all businesses presently experiencing PE rollup), with $1m in annual revenues, it shows up on the PE company’s balance sheet as an asset worth $10–20m. That’s $10–20m worth of collateral the PE fund can stake for loans that let it buy and roll up more small businesses.

2.9 million Boomer-owned businesses, employing 32m people, are expected to sell in the next couple years as their owners retire. Most of these businesses will sell to PE firms, who can afford to pay more for them as a prelude to a bust out than anyone intending to operate them as a productive business could ever pay:

https://pluralistic.net/2022/12/16/schumpeterian-terrorism/#deliberately-broken

PE’s most ghastly impact is felt in the health care sector. Whole towns’ worth of emergency rooms, family practices, labs and other health firms have been scooped up by PE, which has spent more than $1t since 2012 on health acquisitions:

https://pluralistic.net/2022/11/17/the-doctor-will-fleece-you-now/#pe-in-full-effect

Once a health care company is owned by PE, it is significantly more likely to commit medicare fraud. It also cuts wages and staffing for doctors and nurses. PE-owned facilities do more unnecessary and often dangerous procedures. Appointments get shorter. The companies get embroiled in kickback scandals. PE-backed dentists hack away at children’s mouths, filling them full of root-canals.

https://pluralistic.net/2022/11/17/the-doctor-will-fleece-you-now/#pe-in-full-effect

The Healthcare Private Equity Association boasts that its members are poised to spend more than $3t to create “the future of healthcare.”

https://hcpea.org/#!event-list

As bad as PE is for healthcare, it’s worse for long-term care. PE-owned nursing homes are charnel houses, and there’s a particularly nasty PE scam where elderly patients are tricked into signing up for palliative care, which is never delivered (and isn’t needed, because the patients aren’t dying!). These fake “hospices” get huge payouts from medicare — and the patient is made permanently ineligible for future medicare, because they are recorded being in their final decline:

https://pluralistic.net/2023/04/26/death-panels/#what-the-heck-is-going-on-with-CMS

Every part of the health care sector is being busted out by PE. Another ugly PE trick, the “club deal,” is devouring the medical supply business. Club deals were huge in the 2000s, destroying rent-controlled housing, energy companies, Mervyn’s department stores, Harrah’s, and Old Country Joe. Now it’s doing the same to medical supplies:

https://pluralistic.net/2021/05/14/billionaire-class-solidarity/#club-deals

Private equity is behind the mass rollup of single-family homes across America. Wall Street landlords are the worst landlords in America, who load up your rent with junk fees, leave your home in a state of dangerous disrepair, and evict you at the drop of a hat:

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

As these houses decay through neglect, private equity makes a bundle from tenants and even more borrowing against the houses. In a few short years, much of America’s desperately undersupplied housing stock will be beyond repair. It’s a bust out.

You know all those exploding trains filled with dangerous chemicals that poison entire towns? Private equity bust outs:

https://pluralistic.net/2022/02/04/up-your-nose/#rail-barons

Where did PE come from? How can these people look themselves in the mirror? Why do we let them get away with it? How do we stop them?

Today in The American Prospect, Maureen Tkacik reviews two new books that try to answer all four of these questions, but really only manage to answer the first three:

https://prospect.org/culture/books/2023-06-02-days-of-plunder-morgenson-rosner-ballou-review/

The first of these books is These Are the Plunderers: How Private Equity Runs — and Wrecks — America by Gretchen Morgenson and Joshua Rosner:

https://www.simonandschuster.com/books/These-Are-the-Plunderers/Gretchen-Morgenson/9781982191283

The second is Plunder: Private Equity’s Plan to Pillage America, by Brendan Ballou:

https://www.hachettebookgroup.com/titles/brendan-ballou/plunder/9781541702103/

Both books describe the bust out from the inside. For example, PetSmart — looted for $30 billion by RaymondSvider and his PE fund BC Partners — is a slaughterhouse for animals. The company systematically neglects animals — failing to pay workers to come in and feed them, say, or refusing to provide backup power to run during power outages, letting animals freeze or roast to death. Though PetSmart has its own vet clinics, the company doesn’t want to pay its vets to nurse the animals it damages, so it denies them care. But the company is also too cheap to euthanize those animals, so it lets them starve to death. PetSmart is also too cheap to cremate the animals, so its traumatized staff are ordered to smuggle the dead, rotting animals into random dumpsters.

All this happened while PetSmart’s sales increased by 60%, matched by growth in the company’s gross margins. All that money went to the bust out.

https://www.forbes.com/sites/antoinegara/2021/09/27/the-30-billion-kitty-meet-the-investor-who-made-a-fortune-on-pet-food/

Tkacik says these books show that we’re finally getting wise to PE. Back in the Clinton years, the PE critique painted the perps as sharp operators who reduced quality and jacked up prices. Today, books like these paint these “investors” as the monsters they are — crooks whose bust ups are crimes, not clever finance hacks.

Take the Carlyle Group, which pioneered nursing home rollups. As Carlyle slashed wages, its workers suffered — but its elderly patients suffered more. Thousands of Carlyle “customers” died of “dehydration, gangrenous bedsores, and preventable falls” in the pre-covid years.

https://www.washingtonpost.com/business/economy/opioid-overdoses-bedsores-and-broken-bones-what-happened-when-a-private-equity-firm-sought-profits-in-caring-for-societys-most-vulnerable/2018/11/25/09089a4a-ed14-11e8-baac-2a674e91502b_story.html

KKR, another PE monster, bought a second-hand chain of homes for mentally disabled adults from another PE company, then squeezed it for the last drops of blood left in the corpse. KKR cut wages to $8/hour and increased shifts to 36 hours, then threatened to have workers who went home early arrested and charged with “patient abandonment.” Many of these homes were often left with no staff at all, with patients left to starve and stew in their own waste.

PE loves to pick on people who can’t fight back: kids, sick people, disabled people, old people. No surprise, then, that PE loves prisons — the ultimate captive audience. HIG Capital is a $55b fund that owns TKC Holdings, who got the contract to feed the prisoners at 400 institutions. They got the contract after the prisons fired Aramark, owned by PE giant Warburg Pincus, whose food was so inedible that it provoked riots. TKC got a million bucks extra to take over the food at Michigan’s Kinross Correctional Facility, then, incredibly, made the food worse. A chef who refused to serve 100 bags of rotten potatoes (“the most disgusting thing I’ve seen in my life”) was fired:

https://www.wzzm13.com/article/news/local/michigan/prison-food-worker-i-was-fired-for-refusing-to-serve-rotten-potatoes/69-467297770

TKC doesn’t just operate prison kitchens — it operates prison commissaries, where it gouges prisoners on junk food to replace the inedible slop it serves in the cafeteria. The prisoners buy this food with money they make working in the prison workshops, for $0.10–0.25/hour. Those workshops are also run by TKC.

Tkacic traces private equity back to the “corporate raiders” of the 1950s and 1960s, who “stealthily borrowed money to buy up enough shares in a small or midsized company to control its biggest bloc of votes, then force a stock swap and install himself as CEO.”

The most famous of these raiders was Eli Black, who took over United Fruit with this gambit — a company that had a long association with the CIA, who had obligingly toppled democratically elected governments and installed dictators friendly to United’s interests (this is where the term “banana republic” comes from).

Eli Black’s son is Leon Black, a notorious PE predator. Leon Black got his start working for the junk-bonds kingpin Michael Milken, optimizing Milken’s operation, which was the most terrifying bust out machine of its day, buying, debt-loading and wrecking a string of beloved American businesses. Milken bought 2,000 companies and put 200 of them through bankruptcy, leaving the survivors in a brittle, weakened state.

It got so bad that the Business Roundtable complained about the practice to Congress, calling Milken, Black, et al, “a small group is systematically extracting the equity from corporations and replacing it with debt, and incidentally accumulating major wealth.”

Black stabbed Milken in the back and tanked his business, then set out on his own. Among the businesses he destroyed was Samsonite, “a bankrupt-but-healthy company he subjected to 12 humiliating years of repeated fee extractions, debt-funded dividend payments, brutal plant closings, and hideous schemes to induce employees to buy its worthless stock.”

The money to buy Samsonite — and many other businesses — came through a shadowy deal between Black and John Garamendi, then a California insurance commissioner, now a California congressman. Garamendi helped Black buy a $6b portfolio of junk bonds from an insurance company in a wildly shady deal. Garamendi wrote down the bonds by $3.9b, stealing money “from innocent people who needed the money to pay for loved ones’ funerals, irreparable injuries, etc.”

Black ended up getting all kinds of favors from powerful politicians — including former Connecticut governor John Rowland and Donald Trump. He also wired $188m to Jeffrey Epstein for reasons that remain opaque.

Black’s shady deals are a marked contrast with the exalted political circles he travels in. Despite private equity’s obviously shady conduct, it is the preferred partner for cities and states, who buy everything from ambulance services to infrastructure from PE-owned companies, with disastrous results. Federal agencies turn a blind eye to their ripoffs, or even abet them. 38 state houses passed legislation immunizing nursing homes from liability during the start of the covid crisis.

PE barons are shameless about presenting themselves as upstanding cits, unfairly maligned. When Obama made an empty promise to tax billionaires in 2010, Blackstone founder SteveS chwarzman declared, “It’s a war. It’s like when Hitler invaded Poland in 1939.”

Since we’re on the subject of Hitler, this is a good spot to bring up Monowitz, a private-sector satellite of Auschwitz operated by IG Farben as a slave labor camp to make rubber and other materiel it supplied at a substantial markup to the wermacht. I’d never heard of Monowitz, but Tkacik’s description of the camp is chilling, even in comparison to Auschwitz itself.

Farben used slave laborers from Auschwitz to work at its rubber plant, but was frustrated by the logistics of moving those slaves down the 4.5m stretch of road to the facility. So the company bought 25,000 slaves — preferring children, who were cheaper — and installed them in a co-located death-camp called Monowitz:

https://www.commentary.org/articles/r-tannenbaum/the-devils-chemists-by-josiah-e-dubois-jr/

Monowitz was — incredibly — worse than Auschwitz. It was so bad, the SS guards who worked at it complained to Berlin about the conditions. The SS demanded more hospitals for the workers who dropped from beatings and overwork — Farben refused, citing the cost. The factory never produced a steady supply of rubber, but thanks to its gouging and the brutal treatment of its slaves, the camp was still profitable and returned large dividends to Farben’s investors.

Apologists for slavery sometimes claim that slavers are at least incentivized to maintain the health of their captive workforce. This was definitely not true of Farben. Monowitz slaves died on average after three months in the camp. And Farben’s subsidiary, Degesch, made the special Zyklon B formulation used in Auschwitz’s gas chambers.

Tkacik’s point is that the Nazis killed for ideology and were unimaginably cruel. Farben killed for money — and they were even worse. The banality of evil gets even more banal when it’s done in service to maximizing shareholder value.

As Farben historian Joseph Borkin wrote, the company “reduced slave labor to a consumable raw material, a human ore from which the mineral of life was systematically extracted”:

https://www.scribd.com/document/517797736/The-Crime-and-Punishment-of-I-G-Farben

Farben’s connection to the Nazis was a the subject of Germany’s Master Plan: The Story of Industrial Offensive, a 1943 bestseller by Borkin, who was also an antitrust lawyer. It described how Farben had manipulated global commodities markets in order to create shortages that “guaranteed Hitler’s early victories.”

Master Plan became a rallying point in the movement to shatter corporate power. But large US firms like Dow Chemical and Standard Oil waged war on the book, demanding that it be retracted. Borkin was forced into resignation and obscurity in 1945.

Meanwhile, in Nuremberg, 24 Farben executives were tried for their war crimes, and they cited their obligations to their shareholders in their defense. All but five were acquitted on this basis.

Seen in that light, the plunderers of today’s PE firms are part of a long and dishonorable tradition, one that puts profit ahead of every other priority or consideration. It’s a defense that wowed the judges at Nuremberg, so should we be surprised that it still plays in 2023?

Tkacik is frustrated that neither of these books have much to offer by way of solutions, but she understands why that would be. After all, if we can’t even close the carried interest tax loophole, how can we hope to do anything meaningful?

“Carried interest” comes up in every election cycle. Most of us assume it has something to do with “interest payments,” but that’s not true. The carried interest loophole relates to the “interest” that 16th-century sea captains had in their cargo. It’s a 600-year-old tax loophole that private equity bosses use to pay little or no tax on their billions. The fact that it’s still on the books tells you everything you need to know about whether our political class wants to do anything about PE’s plundering.

Notwithstanding Tkacik’s (entirely justified) skepticism of the weaksauce remedies proposed in these books, there is some hope of meaningful action. Private equity’s rollups are only possible because they skate under the $101m threshold for merger scrutiny. However, there is good — but unenforced — law that allows antitrust enforcers to block these mergers. This is the “incipiency standard” — Sec 7 of the Clayton Act — the idea that a relatively small merger might not be big enough to trigger enforcement action on its own, but regulators can still act to block it if it creates an incipient monopoly.

https://pluralistic.net/2022/12/16/schumpeterian-terrorism/#deliberately-broken

The US has a new crop of aggressive — fearless — top antitrust enforcers and they’ve been systematically reviving these old laws to go after monopolies.

That’s long overdue. Markets are machines for eroding our moral values: “In comparison to non-market decisions, moral standards are significantly lower if people participate in markets.”

https://web.archive.org/web/20130607154129/https://www.uni-bonn.de/Press-releases/markets-erode-moral-values

The crimes that monsters commit in the name of ideology pale in comparison to the crimes the wealthy commit for money.

Catch me on tour with Red Team Blues in Edinburgh, London, and Berlin!

If you’d like an essay-formatted version of this post to read or share, here’s a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:

https://pluralistic.net/2023/06/02/plunderers/#farbenizers

[Image ID: An overgrown graveyard, rendered in silver nitrate monochrome. A green-tinted businessman  with a moneybag in place of a head looms up from behind a gravestone. The right side of the image is spattered in blood.]

[batboyblog]

Things Biden and the Democrats did, this week #22

June 7-14 2024

Vice-President Harris announced that the Consumer Financial Protection Bureau is moving to remove medical debt for people's credit score. This move will improve the credit rating of 15 million Americans. Millions of Americans struggling with debt from medical expenses can't get approved for a loan for a car, to start a small business or buy a home. The new rule will improve credit scores by an average of 20 points and lead to 22,000 additional mortgages being approved every year. This comes on top of efforts by the Biden Administration to buy up and forgive medical debt. Through money in the American Rescue Plan $7 billion dollars of medical debt will be forgiven by the end of 2026. To date state and local governments have used ARP funds to buy up and forgive the debt of 3 million Americans and counting.

The EPA, Department of Agriculture, and FDA announced a joint "National Strategy for Reducing Food Loss and Waste and Recycling Organics". The Strategy aimed to cut food waste by 50% by 2030. Currently 24% of municipal solid waste in landfills is food waste, and food waste accounts for 58% of methane emissions from landfills roughly the green house gas emissions of 60 coal-fired power plants every year. This connects to $200 million the EPA already has invested in recycling, the largest investment in recycling by the federal government in 30 years. The average American family loses $1,500 ever year in spoiled food, and the strategy through better labeling, packaging, and education hopes to save people money and reduce hunger as well as the environmental impact.

President Biden signed with Ukrainian President Zelenskyy a ten-year US-Ukraine Security Agreement. The Agreement is aimed at helping Ukraine win the war against Russia, as well as help Ukraine meet the standards it will have to be ready for EU and NATO memberships. President Biden also spearheaded efforts at the G7 meeting to secure $50 billion for Ukraine from the 7 top economic nations.

HHS announced $500 million for the development of new non-injection vaccines against Covid. The money is part of Project NextGen a $5 billion program to accelerate and streamline new Covid vaccines and treatments. The investment announced this week will support a clinical trial of 10,000 people testing a vaccine in pill form. It's also supporting two vaccines administered as nasal sprays that are in earlier stages of development. The government hopes that break throughs in non-needle based vaccines for Covid might be applied to other vaccinations thus making vaccines more widely available and more easily administered.

Secretary of State Antony Blinken announced $404 million in additional humanitarian assistance for Palestinians in Gaza, the West Bank and the region. This brings the total invested by the Biden administration in the Palestinians to $1.8 billion since taking office, over $600 million since the war started in October 2023. The money will focus on safe drinking water, health care, protection, education, shelter, and psychosocial support.

The Department of the Interior announced $142 million for drought resilience and boosting water supplies. The funding will provide about 40,000 acre-feet of annual recycled water, enough to support more than 160,000 people a year. It's funding water recycling programs in California, Hawaii, Kansas, Nevada and Texas. It's also supporting 4 water desalination projects in Southern California. Desalination is proving to be an important tool used by countries with limited freshwater.

President Biden took the lead at the G7 on the Partnership for Global Infrastructure and Investment. The PGI is a global program to connect the developing world to investment in its infrastructure from the G7 nations. So far the US has invested $40 billion into the program with a goal of $200 billion by 2027. The G7 overall plans on $600 billion by 2027. There has been heavy investment in the Lobito Corridor, an economic zone that runs from Angola, through the Democratic Republic of Congo, to Zambia, the PGI has helped connect the 3 nations by rail allowing land locked Zambia and largely landlocked DRC access Angolan ports. The PGI also is investing in a $900 million solar farm in Angola. The PGI got a $5 billion dollar investment from Microsoft aimed at expanding digital access in Kenya, Indonesia, and Malaysia. The PGI's bold vision is to connect Africa and the Indian Ocean region economically through rail and transportation link as well as boost greener economic growth in the developing world and bring developing nations on-line.

[appleblueberry-pie]

I NEED MORE YANDERE e42 MILES!!!!

This is a list of things he's done without your knowledge.

"Sneaked" two thousand dollars into your savings account. Best part about this is you actually never did find out that he did this. You just thought you were finally becoming financially responsible.

Fixed your TV remote 2 times.

Bought you more boxes of ramen.

Learned to make your favorite dessert.

Drove your ex's car off of a cliff

Drove your ex's girlfriend's car off of a cliff

Got on your teacher's good side for you.

Started doing calisthenics

Became pescatarian

Stopped drinking energy drinks and instead became a tea-drinker

Donated to 5 animal shelters and volunteered to help feed the homeless(one of the short programs he joined at school)

Broke 3 ribs and repaired

Got stabbed and repaired

Illegally traded with dominating gangs in Brooklyn

Illegally helped transport medicine inside of hospitals due to dominating gangs in Brooklyn

Tried on shoes he wanted to get for you to see if they'd be comfortable, understanding that people would think he's flaming for doing so.

Tried on earrings he wanted to get for you, thinking if it looked good on him, it would definitely look good on you, understanding that people would think he's flaming for doing so.

Same thing with perfume.

Got scared of you when you interrogated him for smelling like the new perfume he just bought you.

Whispers compliments to you when you sleep on his shoulder while y'all take the train.

Screamed like a lil girl when he picked up a potted plant from a flower shop, hoping to get you a succulent, and a slug dropped from the crevice of the pottery, plopped onto his hand, heavy, cold, and slimy.

Listens to all Ariana Grande albums

Annually kidnaps all boys who he knew premeditated asking you to prom, knowing your his, and drops them off by a random lake in the dead of night. Tied up, taped mouth, lightly drugged, and confused.

Attempted to give up being tender-headed so his mama could do his hair in that cool ass pattern he knew you wouldn't be able to stop admiring. It didn't work, but the result definitely made you happy.

Bombed 2 drug major illegal drug factories. Probably one of the main reasons why the crime underworld hates him.

Sketched over 40 different ways the wedding ring he plans to give you will look.

Finished 2 big notebooks that are just full of rants and drawings of you. He's halfway through his 3rd one.

Has a pinterest board just like yours that is full of clothing and room aesthetics that you like. Plans to make most of them a reality for you.

Kicks his feet at ur messages.

[alithographica]

Re: Redbubble & Alternatives

Redbubble is doing some nonsense and I've deleted my account. I barely bothered with it anyway, was mostly there for people who've asked for specific images as posters.

Anyway in doing that I sacrificed the $4.35 that was still sitting in my earnings. They only let you cash out at $20, so rather than drum up sales and therefore make Redbubble more money, I'm gonna do what I feel is $4.35 in anti-publicity for them. 🥳

tl;dr there are new fees that hurt artist income at all sales levels. Redbubble is either looking to cut costs and raise profits for funsies, or is in serious financial trouble.

About the new fees:

Redbubble offers their services to artists by allowing artists to control their profit margin above a certain baseline manufacturing fee. This was pretty cool! There's now an additional fee that will be charged starting May 1, 2023. It is not an upfront fee that requires you to pay out of pocket, but it does directly cut your profit margin. How badly? Well...

By Redbubble's own example, if in one month you sell $300 in products that you had set at a 25% margin, you'd previously earn $75. Under the new structure, that earnings level means you pay a $28 fee, so you will now be paid $47. That $28 represents a 37% cut off what you were supposed to earn.

There's a full fee table in that link, but other highlights include a $1 fee if you earned $2 (aka 50%!) and big sellers who'd expect to take home $400 will now receive $320 (an $80 fee, 20%).

It also puts you in a weird spot that earning $1 more in a month may bump you to the next tier, causing you to actually take home less money. Make $1 more, end up losing $11. Make it make sense. 🤨

About the new tiers:

Each shop is evaluated and labeled Standard, Premium, or Pro. Premium and Pro shops are not subject to the new fees, but there's no clarity on how to move from one tier to another. Redbubble says it's under your control but it's clearly not. Many artists are reporting that they have accounts with next to no sales that have been labeled Pro, and accounts with thousands of annual sales that are labeled Standard.

Action items:

Look, I'm not gonna tell other artists that they have to close their shops, or tell buyers not to buy from Redbubble if your favorite artists have chosen to stay. What you do with the above info is up to you.

What I will say is that many artists are leaving because the new pay structure sucks. I encourage people who buy from Redbubble to expand their support to other sites.

Attrition is arguably their goal here—they know people will leave over this, and that'll probably lower their costs and lower competition for the remaining accounts. But goodwill is lost easily and they're playing a dangerous game on betting how many stay vs. leave. I'm out.

Feel free to leave your feedback on Redbubble's feedback form here, but it feels slightly like yelling into the void.

Alternatives:

tbh I don't have a good read on things. If you do know of any recommended (or unrecommended) print-on-demand sites, speak up!

I will say that as of now (April 2023), based on my research:

🟢 INPRNT sounds like a winner if your game is art prints and stickers. Does not have any wearable products like t-shirts.

🟡 Etsy + Printify/Printful might be viable? Etsy always had higher profit margins than POD marketplaces, but it's a bit more work and they also do weird things occasionally. Also has a listing fee so if you're the type to upload a ton of designs, pricey.

🔴 Teepublic is owned by Redbubble. Doesn't have the tier/new fee structure as of now but might be imminent. Have also heard their customer service sucks.

🔴 Society6 is going to charge artists shipping costs, and there's going to be a (mandatory?) subscription service launched in the fall, so that's not a winner anymore either.

[copperbadge]

Radio Free Monday

Good morning everyone, and welcome to Radio Free Monday!

Ways to Give:

Anon linked to a fundraiser for Davy, a fellow employee at Old Tucson amusement park, who was recently struck by a car while on his bike; he was already low-resourced, and was living in a homeless shelter with his wife and son at the time of the accident. One of the other staff at the park has started a gofundme to help support the family during his long recovery and hopefully get them a stable place to stay; you can read more and support the fundraiser here.

chibifukurou linked to a fundraiser for a fandom friend, Chroma, to get her back home so she can get help with health issues and housing. She's been stranded out of state with severe Long Covid, without access to a support network or adequate care; they're trying to get funds together to get her transportation and a month at an extended-stay hotel while she gets her feet under her. You can read more and support the fundraiser here.

Help For Free:

songspinner9 is running a Donor's Choose fundraiser for Teacher Appreciation Week, to get funds to stock her library with books that represent her students' communities and for art supplies to help her middle-school students express themselves in creative language arts and history projects. You can read more and vote for the fundraiser here!

News to Know:

soc_puppet linked to summerofthe69, an annual smut fest that is returning for 2024! You can vote here on what this year's themes should be; you need to have a Dreamwidth account to vote, but anyone is welcome to promote their favorites in the comments to the post.

Recurring Needs:

loversdoom is a college student from the Philippines, studying away from her family, and her parents are unexpectedly unable to support her education; she is dealing with a number of expenses and is now looking at costly medical procedures as well. You can read more and reblog here or give to the fundraiser here.

onedollopofsourcream is raising funds to help with food, transportation, medication for their family, and other expenses after a string of financial issues; you can read more, reblog, and find giving information here.

rilee16 is raising funds to get out of an abusive home situation where their roommate has been aggressive and stealing from them; with irregular work hours and a tax debt due on top of chronic illness issues, they also need funds to repair their phone, which is dying, and cover utility bills. You can read more, reblog, and find giving information here.

And this has been Radio Free Monday! Thank you for your time. You can post items for my attention at the Radio Free Monday submissions form. If you're new to fundraising, you may want to check out my guide to fundraising here.

[fatehbaz]

In 1901, Liang Qichao, a prominent Chinese journalist, wrote an essay entitled “The New Rules for Destroying Countries” (“Mieguo xinfan lun”).

In it, he presented what he had come to understand were the patterns of nineteenth-century Euro-American colonial-imperialist world domination into which China was being drawn. Egypt is the first among five examples he cited of a people and a state crushed by these “new rules.” No simple military invasion or despoiling occupation, the new rules proceeded under a subtler logic. According to Liang, English financial advisers had inserted themselves into the Egyptian court, inducing the state to indebt itself so completely that international bankers could take over from within. This ingenious mode of domination constituted what Liang called “formless dismembering,” hardly detectable as it proceeds, and announcing itself suddenly once it has taken place. Without quite articulating it, Liang was theorizing the advent of finance capitalism in relation to colonialism, with Egypt at its core. [...]

---

Aaron Jakes [...] takes up the relation between imperialist domination through the financialization of capitalism in the colonies [...] in his comprehensive account of the British occupation of Egypt from 1882 to 1914. [...] The [financial] crises, produced in the metropole [London, Paris, New York, etc.], were analytically and practically worked out by yoking colonies as productive places and colonials as laboring and culturally marked/racially othered bodies to metropolitan concerns over empire [...], making Egypt a “laboratory in which to settle those greater questions of the Empire” (25). [...] [T]he original goal of British colonial governance was to enhance [...] cotton-growing for export to the global market and capital investment/speculation. [...] The British restructuring of rural space and agrarian social relations [...] severely constrained the room for maneuver of the Egyptian peasantry, who had long used the porousness of the relations among land, property, labor, and power to gain whatever advantages they could. Peasants were now locked firmly in place, and when [...] [financial] crisis hit, their indebtedness left them relatively defenseless. By 1905, superficial prosperity hid roiling discontent with economic development but also with colonial legitimacy. [...]

---

[T]he Egyptian journalist Ahmad Hilmi recognized the British discourse of development as “gilded speech” that created an economistic reality without accounting for the lived complexity of actual Egyptians. As Jakes puts it: “despite the occupation’s command over the means of representation, the shared sentiments and experiences of the Egyptian people were irreducible to the charts and tables that adorned the pages of Cromer’s annual reports” (118).

In comparing Egypt’s poverty to the British-produced poverty of Ireland, for example, the economic boom of gushing capital investment was revealed to be a mechanism of wealth accumulation for the few. [...] [T]he gap between rhetoric and reality [...].

---

All text above by: Rebecca E. Karl. “Review of Egypt’s Occupation: Colonial Economism and the Crises of Capitalism.” Jadaliyya online. 21 June 2022. [Bold emphasis and some paragraph breaks/contractions added by me.]

[justinspoliticalcorner]

Ian Millhiser at Vox:

The Supreme Court delivered a firm and unambiguous rebuke to some of America’s most reckless judges on Thursday, ruling those judges were wrong to declare an entire federal agency unconstitutional in a decision that threatened to trigger a second Great Depression. In a sensible world, no judge would have taken the plaintiffs arguments in CFPB v. Community Financial Services Association seriously. Briefly, they claimed that the Constitution limits Congress’s ability to enact “perpetual funding,” meaning that the legislation funding a particular federal program does not sunset after a certain period of time. The implications of this entirely made-up theory of the Constitution are breathtaking. As Justice Elena Kagan points out in a concurring opinion in the CFPB case, “spending that does not require periodic appropriations (whether annual or longer) accounted for nearly two-thirds of the federal budget” — and that includes popular programs like Social Security, Medicare, and Medicaid.

Nevertheless, a panel of three Trump judges on the United States Court of Appeals for the Fifth Circuit — a court dominated by reactionaries who often hand down decisions that offend even the current, very conservative Supreme Court — bought the CFPB plaintiffs’ novel theory and used it to declare the entire Consumer Financial Protection Bureau unconstitutional. In fairness, the Fifth Circuit’s decision would not have invalidated Social Security or Medicare, but that’s because the Fifth Circuit made up some novel limits to contain its unprecedented interpretation of the Constitution. And the Fifth Circuit’s attack on the CFPB still would have had catastrophic consequences for the global economy had it actually been affirmed by the justices. That’s because the CFPB doesn’t just regulate the banking industry. It also instructs banks on how they can comply with federal lending laws without risking legal sanction — establishing “safe harbor” practices that allow banks to avoid liability so long as they comply with them.

As a brief filed by the banking industry explains, without these safe harbors, the industry would not know how to lawfully issue loans — and if banks don’t know how to issue loans, the mortgage market could dry up overnight. Moreover, because home building, home sales, and other industries that depend on the mortgage market make up about 17 percent of the US economy, a decision invalidating the CFPB could trigger economic devastation unheard of since the Great Depression. Thankfully, that won’t happen. Seven justices joined a majority opinion in CFPB which rejects the Fifth Circuit’s attack on the United States economy, and restates the longstanding rule governing congressional appropriations. Congress may enact any law funding a federal institution or program, so long as that law “authorizes expenditures from a specified source of public money for designated purposes.”

[...]

Notably, the Supreme Court’s CFPB decision was authored by Justice Clarence Thomas, who is ordinarily the Court’s most conservative member. The fact that even Thomas delivered such an unambiguous rebuke to the Fifth Circuit is a sign of just how far the lower court went off the rails in its decision.

Two justices did dissent: Justice Samuel Alito, the Court’s most reliable GOP partisan, and Justice Neil Gorsuch, who also dissented in a similar case that could have triggered an economic depression if Gorsuch’s view had prevailed. Alito’s dissenting opinion is difficult to parse, but it largely argues that the CFPB is unconstitutional because Congress used an unusual mechanism to fund it.

SCOTUS ruled 7-2 in CFPB v. Community Financial Services Association that the Consumer Financial Protection Bureau is constitutional, delivering a big rebuke to the ultra-radical right-wing 5th Circuit Court. The author of this ruling is Clarence Thomas.

[wander-wren]

every once in a while i like to poke my head into "anti [x]" tags just to see what the other side thinks. recently i was looking through "anti ao3" and found a really funny post claiming that ao3 is not anticapitalist, but actually the Definition Of Capitalism, bc it relies on volunteer labor while supposedly having the money to pay a staff.

oh, honey.

but i am not going to make unsubstantiated claims on the internet, no, and this gives me an excuse to look at ao3's whole budget myself, which i've been meaning to do for a while. these numbers are taken from the 2022 budget post and budget spreadsheet.

ao3's total income for 2022, from the two donation drives, regular donations, donation matching programs, interest, and royalties was $1,012,543.42. less than $300 of that was from interest and royalties, so it's almost all donations. and that's a lot, right? surely an organization making a million dollars a year can afford to pay some staff, right?

well, let's look at expenses. first of all, they lose almost $37,000 to transaction fees right away. ao3 and fanlore (~$341k and ~$18k, respectively) take up the biggest chunks of the budget by far. that money pays for, to quote the 2022 budget post, "server expenses—both new purchases and ongoing colocation and maintenance—website performance monitoring tools, and various systems-related licenses."

in some years, otw also pays external contractors to perform audits for security issues, and for more servers to handle the growing userbase. servers are expensive as hell, guys. in 2022, new server costs alone were $203k.

each of their other programs only cost around $3,000 or less, and otw paid around $78k for fundraising and development. wait, how do you lose so much money on your fundraising?? from the 2022 budget post: "Our fundraising and development expenses consist of transaction fees charged by our third-party payment processors for each donation, thank-you gift purchases and shipping, and the tools used to host the OTW’s membership database and track communications with donors and potential donors."

then the otw paid an additional $74k in administration expenses, which covers "hosting for our website, trademarks, domains, insurance, tax filing, and annual financial statement audits, as well as communication, management, and accounting tools."

in case you weren't following all of that math, the total expenses for 2022 come out to $518,978.48. woah! that's a lot! but it's still only a little over half of their net revenue. weird. i wonder what they do with that extra $494k?

well, $400k of it goes to the reserves, which i'll get to in a second. the last $93k, near as i can tell, gets rolled over to the next year. i'll admit this part i'm a little unsure about, as it's not clear on the spreadsheet, but that's the only thing that makes sense.

the reserves, though are clear. the most recent post i could find on the otw site about it were in the board meeting minutes from april 2, 2022: "We’re holding about $1million in operating cash that is about twice the amount of our annual operating costs. There is another $1million in reserves due to highly successful fundraisers in the past. The current plan for the reserves is to hold the money for paid staff in the future. It’s been talked about before in the past and we’re still working out the details, but it’s a rather expensive undertaking that will result in large annual expenses in addition to the initial cost of implementation."

woah....they're PLANNING to have paid staff eventually! wild!

so let's assume, for easy numbers, that the otw currently has $1.5 million in reserves. before we even get to how to use that money, let's look at the issues with implementing paid staff:

deciding which positions are going to be paid, because it can't be all of them

deciding how much to pay them, bc minimum wage sure as hell isn't enough, and cost of living is different everywhere, and volunteers come from all over the world

hiring staff and implementing new systems/tools to handle things like payroll and accounting

making sure you continue to earn enough money both to pay all of the staff and have some in reserves for emergencies or leaner donation drives

probably even more stuff than that! i don't run a nonprofit, that's just what i can think of off the top of my head.

okay, okay, okay. for the sake of argument, let's assume there is a best-case scenario where the otw starts paying some staff tomorrow. how much should they be paid? i'm picking $15 an hour, since that's what we fought for the minimum wage to be. by now, it should be closer to $20 or $25, but i'm trying to give "ao3 is capitalism" the fairest shot it can get here, okay?

ideally, if someone is being paid to help run ao3, they shouldn't need a second job. every job should pay enough to live off of. and running a nonprofit is hard work that leads to a lot of burnout--two board members JUST resigned before their terms were up. what i'm saying is, i'm going to assume a paid otw staff is getting paid for 40 hours of work a week, minimum. that's $31,200.

at $400,000 per year, the otw can afford to pay 12 people. that's WITHOUT taking into account the new systems, tools, software, etc they would have to pay for, any kind of fees, etc, etc.

oh, and btw, if you're an american you're still making barely enough to survive in most places, AND you don't have universal healthcare, vision, or dental. want otw to give people insurance, too? the number of people they can pay goes down.

it's. not. possible.

a million dollars is a lot of money on the face of it, but once you realize how MUCH goes into running something like the otw, it goes away fast.

just for reference, wikipedia also has donation drives every year. wikipedia, as of 2021, has $86.8 million in cash reserves and $137.4 million in investments. sure, wikipedia and ao3 are very different entities, but that disparity is massive. and i should note that if you give $10 to wikipedia they don't give you voting rights, i'm just saying.

by the way, you may have noticed that i didn't mention legal costs at all here. isn't one of otw's big Things about how they do legal advocacy?

yes, it is. they have a whole page about that work. and i can't for the life of me find a source on otw's website (and i'm running out of time to write this post, i'll look harder later), but i am 90% sure i learned before that most, if not all, of otw's legal work/advice/etc is done pro bono. i've also seen an anti-ao3 person claim their legal budget is only $5k or so, but they didn't have a source. but keep in mind that if they don't have a legal budget, all the numbers above stay the same, and if they do, there is even less money available for paid staff.

you can criticize ao3 and the otw all you want! there are many valid reasons to criticize them, and i do not think they're perfect either. but if you're going to do so, you should at least make sure you can back up your claims, bc otherwise you just look silly.

[brf-rumortrackinganon]

Harry and Meghan's Archewell Foundation is banned from raising or spending money after it is deemed DELINQUENT for failing to pay fees and submit records | Daily Mail Online

We always suspected that Archewell was dodgy as heck! And that the real purpose of the "charity" was to help fund H&M's lifestyle

A bunch of anons are asking me about the latest report to Archewell and what I think so…

As I wrote in my “What a February” post, the launch of the new Sussex website was a rebranding effort. I theorized then that Meghan was phasing Archewell out because it flopped as a brand and at the time, mid-February, Archewell had just failed its trademark application for the fifth and final time. So the writing was very much on the wall that Archewell is/was going away and that they were spinning up a new Sussex organization as its replacement.

Now I’m even more confident that Archewell may eventually be phased out because it’s even more public that there are serious problems behind Archewell, problems that affect its ability to function as a nonprofit charity. It’s only a matter of time. I expect this is the tip of the iceberg when it comes to their financial and asset management; remember, Meghan filed for bankruptcy once (before Harry) and that is something that sticks around for a good long while. Declaring bankruptcy isn’t always bad thing and there are people who do turn their lives around and get their finances back on track, but when you have a history of financial mismanagement and now things like this are happening? You’re delinquent on payments and reports, there are allegations of fraud and mismanagement, and your leadership at a previous charity was investigated by another country’s oversight board?

Where there’s smoke, there’s fire. Or, I guess, in the Sussexes’s case: A shiny new website marks the spot to dig.

The bottom line is that Archewell has problems, the watchdogs are watching, it’s getting tough out there, and the Sussexes are squirming. You can tell by their statement, which is classic Sussex deflection: it’s the AG’s fault their check wasn’t processed in time.

Which is actually pretty revelatory on its own. That they couldn’t (or didn’t) send the check until just before the deadline suggests they don’t have liquid assets in Archewell or an expense account for basic operating expenses and they were scrambling to find the $200 to put in the account so the check didn’t bounce. So despite having $2 million in charitable donations received (or whatever the number is), none of that money is liquid or earmarked for basic operations - it’s all tied up elsewhere and that’s just not good. It leads to questions, and scrutiny, like “where is the money really going?” or “who’s paying for the staff if you can’t pay your annual registration fee?”

I bet if the right person dug into that, they’d uncover quite a few skeletons that the Sussexes want to stay buried so they can win (a one-sided) War of the Waleses against William and Kate.

[notfinancialadvice]

It's been awhile, but I have a new thought for folks starting out investing

This blog is called "not financial advice" so this is not financial advice. Nothing on this blog is.

And.

I am working on a large-scale D&D-style banking system for a private client (my job is weird). This is putting me in touch with a lot of people in very expensive suits and it I keep pinging them:

"Let's say someone has $100 to start investing, what should they do. Like, literally $100. With $0.00 added after."

I've cobbled together some thoughts (not advice don't sue me) and cut out the bullshit and sales pitches.

Start a high-yield savings account in an FDIC insured bank. As of this writing (April 27, 2023, United States-based), it'll be somewhere between 3.5 - 4.25% APY (annual percent yield -- i.e. interest)

Go with a bank that is FDIC insured. Banks pay for this, you do not. Here are smart people talking about what FDIC is.

The percentage difference listed above is 0.75%. Moving money is a bitch, is it worth chasing 0.75%? That depends on your situation, time, etc. Here are smart people who built a calculator to help you figure it out if it's worth it to you.

Touch it as little as possible.

Start a spreadsheet that tracks your finances.

In the cell that lists the amount of this balance, give it a name. Something fun, something that speaks to you. I did this as an experiment + to participate, mine is "Slime Research Adventurer Destruction Fund".

Write a prospectus (fancy word for "this is what the goal for this cash is to do").

Slime Research Adventurer Destruction Fund prospectus: Follow the path of high-yield savings rates at {bank}. Review quarterly if other banks have a substantially better rate (+1.5%).

The entire point is to break the idea of "them not me" and "today vs. someday" and "I cannot begin to build wealth vs. someone else can."

A $100 savings INVESTMENT IN A SAVINGS ACCOUNT with a rate of 3.5-4.25% will give you interest of $3.50-4.25 at the end of the first year, then continue on growing onwards.

That is your return.

Is it as high as investing in the market? No.

Is it safer? Holy fuck yes.

When you invest in stocks, bonds, etc. you are looking for a return. This is your return.

This is not a grindset mindset work 24/7 chunk of advice. This is not a reality-disillusionment "I am struggling I need to work harder."

You need to be knowledgable about how things can work for you so you can leverage what you have, where you are, when you have it, as you can.

A high-yield savings account is not going to make you rich.

It probably won't make a difference in an emergency.

It will absolutely make a difference in non-emergency times, over a period of time.

Slime Research Adventurer Destruction Fund Destroying Adventurers.

That last point is where I'm coming to.

If you don't have enough cash to invest and/or you're not comfortable investing, that's fine.

Give your savings account a name that speaks to you. This is your investment. Your savings account = your investment account.

There is no moral or ethical difference between "I have cash shoved into a savings account" and "I have cash shoved into the stock market."

The only difference is potential risk, growth, and fees (never pay for a savings account), liquidity ("how quickly can I convert this thing into cash to buy an apple at the grocery store, pay a bill, etc.").

Make money less scary via weird names and fun graphics.

Go to a piccrew site and make a catgirl with pink and blue hair.

Name your fund "Catgirlsnax Fundsies".

Make. Money. Management. Less. Scary. By. Taking. Control. Via your own. Desires. Goals. Weird quirks.

Here is to hoping these gifs are not from horrible shows I don't know anime I know money and business and monsters.

If they are then I apologize for it.

I've read the notes on my blog and a lot of you like anime. I'm hoping these resonate.