#revenue prospects

[colitcomedia]

Carbonxt Group Ltd Unveils New Joint Venture 'NewCarbon' in Investor Presentation

Carbonxt Group Ltd (CG1), a leading provider of advanced carbon products and activated carbon services, has announced an exciting joint venture (JV) called 'NewCarbon'. This transformative project aims to repurpose a Waste Water Treatment facility to manufacture premium activated carbon, primarily targeting PFAS removal in drinking water. In their recent investor presentation, Carbonxt Group Ltd showcased the strategic partnership with Kentucky Carbon Processing, highlighting the company's commitment to sustainability and market expansion.

Importance of NewCarbon JV:

1.1 Repurposing a Waste Water Treatment Facility:

The NewCarbon JV involves the conversion of an existing waste-to-water plant in Kentucky into a state-of-the-art production site for high-quality activated carbon. This innovative approach ensures the utilization of existing infrastructure, reducing capital investment and expediting market entry.

1.2 Meeting the Growing Demand for PFAS Removal:

The joint venture addresses the increasing demand for activated carbon solutions, particularly in the field of PFAS removal in drinking water. With impending regulatory changes imposing stricter standards, the NewCarbon project positions Carbonxt Group Ltd as a leading player in this burgeoning market.

Environmental Consciousness:

Carbonxt Group Ltd's commitment to ecological sustainability is evident in the NewCarbon project. The modified plant will utilize the gas produced during the activated carbon production process to power itself, effectively reducing the facility's carbon footprint. This eco-friendly approach aligns with global efforts to mitigate climate change and promotes a greener future.

Market Opportunities and Financial Implications:

3.1 Regulatory Landscape and Market Demand:

The upcoming regulations by the US Environmental Protection Agency (EPA) on PFAS removal in drinking water create significant market opportunities. Activated carbon is recognized as the most effective method for PFAS removal, positioning Carbonxt Group Ltd to meet the growing demand for these solutions.

3.2 Expansion and Market Share:

The NewCarbon project allows Carbonxt Group Ltd to significantly expand its product offering and market trajectory. By entering the PFAS removal market, the company strengthens its position and secures a larger share in the growing powdered activated carbon (PAC) water market.

3.3 Financial Prospects and Returns:

Managing Director Warren Murphy's strategic management has reduced capital investment by approximately USD 3.5 million, making the joint venture economically viable. The payment structure to NewCarbon is linked to project milestones, ensuring a mutually beneficial arrangement. Moreover, the venture's design provides the potential for doubling production capacity, further enhancing future revenue generation.

Managing Director Warren Murphy's Leadership:

Managing Director Warren Murphy brings a wealth of experience and expertise to Carbonxt Group Ltd. His successful track record in the financial industry, along with his global project footprints, highlights his pivotal role in the company's growth and innovation.

Conclusion:

Carbonxt Group Ltd's new joint venture, NewCarbon, marks a significant milestone in the company's expansion and market positioning. By repurposing a Waste Water Treatment facility, the company is well-equipped to meet the increasing demand for activated carbon solutions, particularly in PFAS removal in drinking water. This strategic move, driven by Managing Director Warren Murphy's leadership, demonstrates Carbonxt Group Ltd's commitment to sustainability, innovation, and financial growth. With a focus on market opportunities, environmental consciousness, and sound financial prospects, the NewCarbon JV sets the stage for a promising future for Carbonxt Group Ltd and its investors.

[simmyfrobby]

guys. again with the Bedard lottery conspiracy theories? can we not do this today.

[lunasilvis]

Kinda reaching the point now where I'm thrilled to start my job, meet ppl and earn some nice money! it's been so good having time off - très bien - but I feel like I cannot enjoy it as much as I could when I was a teen. which, I think, is even more so a good challenge to just relax and enjoy it while I can. but i think it's partly the winter (mostly bound to just inside activities) + partly not having an adequate money revenue at the moment to fatten the savings account. I mean, I still earn some from some snack writing jobs, so that's cool, but nowhere as much as I'd like to. telling myself i'll be good by feb!

[mostlysignssomeportents]

Red Lobster was killed by private equity, not Endless Shrimp

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

A decade ago, a hedge fund had an improbable viral comedy hit: a 294-page slide deck explaining why Olive Garden was going out of business, blaming the failure on too many breadsticks and insufficiently salted pasta-water:

https://www.sec.gov/Archives/edgar/data/940944/000092189514002031/ex991dfan14a06297125_091114.pdf

Everyone loved this story. As David Dayen wrote for Salon, it let readers "mock that silly chain restaurant they remember from their childhoods in the suburbs" and laugh at "the silly hedge fund that took the time to write the world’s worst review":

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

But – as Dayen wrote at the time, the hedge fund that produced that slide deck, Starboard Value, was not motivated by dissatisfaction with bread-sticks. They were "activist investors" (finspeak for "rapacious assholes") with a giant stake in Darden Restaurants, Olive Garden's parent company. They wanted Darden to liquidate all of Olive Garden's real-estate holdings and declare a one-off dividend that would net investors a billion dollars, while literally yanking the floor out from beneath Olive Garden, converting it from owner to tenant, subject to rent-shocks and other nasty surprises.

They wanted to asset-strip the company, in other words ("asset strip" is what they call it in hedge-fund land; the mafia calls it a "bust-out," famous to anyone who watched the twenty-third episode of The Sopranos):

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

Starboard didn't have enough money to force the sale, but they had recently engineered the CEO's ouster. The giant slide-deck making fun of Olive Garden's food was just a PR campaign to help it sell the bust-out by creating a narrative that they were being activists* to save this badly managed disaster of a restaurant chain.

*assholes

Starboard was bent on eviscerating Darden like a couple of entrail-maddened dogs in an elk carcass:

https://web.archive.org/web/20051220005944/http://alumni.media.mit.edu/~solan/dogsinelk/

They had forced Darden to sell off another of its holdings, Red Lobster, to a hedge-fund called Golden Gate Capital. Golden Gate flogged all of Red Lobster's real estate holdings for $2.1 billion the same day, then pissed it all away on dividends to its shareholders, including Starboard. The new landlords, a Real Estate Investment Trust, proceeded to charge so much for rent on those buildings Red Lobster just flogged that the company's net earnings immediately dropped by half.

Dayen ends his piece with these prophetic words:

Olive Garden and Red Lobster may not be destinations for hipster Internet journalists, and they have seen revenue declines amid stagnant middle-class wages and increased competition. But they are still profitable businesses. Thousands of Americans work there. Why should they be bled dry by predatory investors in the name of “shareholder value”? What of the value of worker productivity instead of the financial engineers?

Flash forward a decade. Today, Dayen is editor-in-chief of The American Prospect, one of the best sources of news about private equity looting in the world. Writing for the Prospect, Luke Goldstein picks up Dayen's story, ten years on:

https://prospect.org/economy/2024-05-22-raiding-red-lobster/

It's not pretty. Ten years of being bled out on rents and flipped from one hedge fund to another has killed Red Lobster. It just shuttered 50 restaurants and declared Chapter 11 bankruptcy. Ten years hasn't changed much; the same kind of snark that was deployed at the news of Olive Garden's imminent demise is now being hurled at Red Lobster.

Instead of dunking on free bread-sticks, Red Lobster's grave-dancers are jeering at "Endless Shrimp," a promotional deal that works exactly how it sounds like it would work. Endless Shrimp cost the chain $11m.

Which raises a question: why did Red Lobster make this money-losing offer? Are they just good-hearted slobs? Can't they do math?

Or, you know, was it another hedge-fund, bust-out scam?

Here's a hint. The supplier who provided Red Lobster with all that shrimp is Thai Union. Thai Union also owns Red Lobster. They bought the chain from Golden Gate Capital, last seen in 2014, holding a flash-sale on all of Red Lobster's buildings, pocketing billions, and cutting Red Lobster's earnings in half.

Red Lobster rose to success – 700 restaurants nationwide at its peak – by combining no-frills dining with powerful buying power, which it used to force discounts from seafood suppliers. In response, the seafood industry consolidated through a wave of mergers, turning into a cozy cartel that could resist the buyer power of Red Lobster and other major customers.

This was facilitated by conservation efforts that limited the total volume of biomass that fishers were allowed to extract, and allocated quotas to existing companies and individual fishermen. The costs of complying with this "catch management" system were high, punishingly so for small independents, bearably so for large conglomerates.

Competition from overseas fisheries drove consolidation further, as countries in the global south were blocked from implementing their own conservation efforts. US fisheries merged further, seeking economies of scale that would let them compete, largely by shafting fishermen and other suppliers. Today's Alaskan crab fishery is dominated by a four-company cartel; in the Pacific Northwest, most fish goes through a single intermediary, Pacific Seafood.

These dominant actors entered into illegal collusive arrangements with one another to rig their markets and further immiserate their suppliers, who filed antitrust suits accusing the companies of operating a monopsony (a market with a powerful buyer, akin to a monopoly, which is a market with a powerful seller):

https://www.classaction.org/news/pacific-seafood-under-fire-for-allegedly-fixing-prices-paid-to-dungeness-crabbers-in-pacific-northwest

Golden Gate bought Red Lobster in the midst of these fish wars, promising to right its ship. As Goldstein points out, that's the same promise they made when they bought Payless shoes, just before they destroyed the company and flogged it off to Alden Capital, the hedge fund that bought and destroyed dozens of America's most beloved newspapers:

https://pluralistic.net/2021/10/16/sociopathic-monsters/#all-the-news-thats-fit-to-print

Under Golden Gate's management, Red Lobster saw its staffing levels slashed, so diners endured longer wait times to be seated and served. Then, in 2020, they sold the company to Thai Union, the company's largest supplier (a transaction Goldstein likens to a Walmart buyout of Procter and Gamble).

Thai Union continued to bleed Red Lobster, imposing more cuts and loading it up with more debts financed by yet another private equity giant, Fortress Investment Group. That brings us to today, with Thai Union having moved a gigantic amount of its own product through a failing, debt-loaded subsidiary, even as it lobbies for deregulation of American fisheries, which would let it and its lobbying partners drain American waters of the last of its depleted fish stocks.

Dayen's 2020 must-read book Monopolized describes the way that monopolies proliferate, using the US health care industry as a case-study:

https://pluralistic.net/2021/01/29/fractal-bullshit/#dayenu

After deregulation allowed the pharma sector to consolidate, it acquired pricing power of hospitals, who found themselves gouged to the edge of bankruptcy on drug prices. Hospitals then merged into regional monopolies, which allowed them to resist pharma pricing power – and gouge health insurance companies, who saw the price of routine care explode. So the insurance companies gobbled each other up, too, leaving most of us with two or fewer choices for health insurance – even as insurance prices skyrocketed, and our benefits shrank.

Today, Americans pay more for worse healthcare, which is delivered by health workers who get paid less and work under worse conditions. That's because, lacking a regulator to consolidate patients' interests, and strong unions to consolidate workers' interests, patients and workers are easy pickings for those consolidated links in the health supply-chain.

That's a pretty good model for understanding what's happened to Red Lobster: monopoly power and monopsony power begat more monopolies and monoposonies in the supply chain. Everything that hasn't consolidated is defenseless: diners, restaurant workers, fishermen, and the environment. We're all fucked.

Decent, no-frills family restaurant are good. Great, even. I'm not the world's greatest fan of chain restaurants, but I'm also comfortably middle-class and not struggling to afford to give my family a nice night out at a place with good food, friendly staff and reasonable prices. These places are easy pickings for looters because the people who patronize them have little power in our society – and because those of us with more power are easily tricked into sneering at these places' failures as a kind of comeuppance that's all that's due to tacky joints that serve the working class.

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/2024/05/23/spineless/#invertebrates

[my-financials]

Apple Inc.: A Growth Story

Historical Growth 1. Revenue Growth: Q1 2022: Apple reported its biggest quarter ever with revenue of nearly $124 billion, up 11% from the previous year . Q3 2023: The company reported revenue of $81.8 billion for the June quarter, surpassing expectations and marking strong results in emerging markets . 2. Product Expansion: iPhone, Mac, and Wearables: These segments had their best-ever…

[seat-safety-switch]

In a lot of foreign countries, they have this neat amusement park ride. It's called "train," and it consists of a bunch of boxes you sit in and it takes you up and down a track. I could ride train all day long, through the incredible views of places that aren't the suburban-bordering-on-industrial wasteland that I live in.

Unfortunately for me, visiting train often requires me to get on an airplane, which is a big cylinder that flies through the sky. Despite being arguably similar to a train, it costs a whole lot more and smells kind of funny the whole time. Just not worth it, which is why I have attempted to get train at home.

Now, my local politicians dislike train. Perhaps you live in a country where your politicians are accountable to you, which is a terrifying prospect if you are a useless child of privilege who wants to spend a couple years of your life making friends with billionaires instead of being asked frightening questions about basic arithmetic. That is not the case here, where politicians are born in some sort of special vat, receive their law degrees, and come up with ideas like "what if school is actually hurting children?" We do not have many points of agreement, mostly because they drive new cars. Sometimes, they make someone else drive their car for them, which is a concept demonstrating just how sick things have become in their pointy little Hapsburg heads.

To them, there is no room for the laugh-a-minute thrill ride that is train. There is nothing amusing about the business of laying down roads that they then poorly maintain, a hyperfixation that occupies approximately ninety-six percent of their emailing-and-yelling time. Personally, I think if they really actually liked driving so much, they would put a couple hairpin turns or at least a nice high-speed chicane on my nineteen-minute drive to the grocery store, but that's a rant for another time. The government was not going to give me a train, so I had to do it for myself.

The best part of a train is that you can put a bunch of cars together, but not all of those cars have to have running and driving engines! With just a handful of purloined U-Haul® trailer hitches and a very heavy right foot, I was soon escorting seven-car public transit through the middle of downtown. Sure, if you look closely, you might argue that a bunch of welded-together Oldsmobile Aleros are not exactly up to the comfort of futuristic European rail, but we're hoping to be able to upgrade to some kind of haggard Japanese minivans in the next couple quarters, once fare revenue increases from the current value of "zero dollars." In my defence, it's not as much fun to play train-driver-guy if you're constantly asking people for money.

[hplonesomeart]

Guys call me crazy but I think the crazy robots would get along swimmingly. The tragic fact that these two don’t have more art interacting is an offense in my rule book and I have come to remedy that. They say you must manifest what you want to see in the world and this is me doing that jskjsksp. I will take initiative! Enjoy a smidgen of Mr. Puzzles and Mettaton art then. Although I think the only reason they initially decided to co-host collaborate together here was the prospect of getting more stars/ratings- because that’s show business babyyyy leverage off of famous people for viewssss/j

Also here is version without the speech/dialogue bubbles! Just two gay bots being fabulous and gossiping or something (platonically. Or you could lean into this being a ship I don’t really care lol). Maybe they’ll exchange some advice about the logistics of incorporating musical numbers in the boardcasts without losing too much revenue on the budget idk. Because if you think about it Mettaton did a musical number in a dress with Frisk and then Mr. Puzzles had his whole Creative Control moment. And both where marvelous performances by the way absolutely slay ✨

My “toxic trait” is supporting the theatrical livelihoods of fictional computers who have committed atrocities, and they both will probably never make an apology video for the attempted murders and trauma inflicting. Wow so girlboss of them :))

[exeggcute]

this is the startup coaster as I'm familiar with it:

(1) three guys named scott snag a few million in seed funding, hire a few engineers to work with them in the abandoned wework they're renting from the ghost of a 15th century land baron.

(2) headcount slowly grows, they release a product that "works" but it's either cheap as hell or free so people are starting to adopt it; adoption is a sign of growth, which in turn yields more funding from eager investors.

(3) scott^3 have enough cash reserves to move into a real office and hire marketing/sales people, product improves a bit. still not even close to being profitable but it's okay because funding continues to pour in!

(4) incremental product improvements, user adoption crescendoes, maybe another funding round. possible hiring frenzy to follow. cue a chorus of scotts, in perfect unison: "our company is valued at almost at a billion dollars! an IPO is just around the corner!"

(5) investor money becomes harder and harder to come by over time; company slows spending.

(6) "well, all we have to do is focus on revenue instead of growth... profitability is within reach." management may or may not make poor decisions that spur original critical employees to jump ship, taking their expertise and guiding philosophy with them.

(7) money continues to hemorrhage with no VC infusions in sight. company makes significant cuts to their workforce, pares back their roadmap.

(8) in the absence of key personnel (and without the necessary cushion to develop new features or offer competitive pricing), the product either stagnates or gets noticeably worse. users revolt and either threaten to leave or actually do.

(9) final death spiral where revenue continues to dry up, which leads to more layoffs, which makes the product worse, which means users continue to churn, which makes revenue dry up even more. any investors cut their losses and move on to their next prospect. scott, scott, and scott either go on the podcast circuit or start over again to get seed funding for a new startup that they can only describe as "the uber of canine saunas"

[racefortheironthrone]

Since SAG AFTRA has also gone on strike, does that mean the negotiations between the WGA and executives went poorly?

This is a great question, because it allows me to do some educating about labor law!

Today's topic: "bad faith" bargaining.

While often honored more in the breach than the observance, U.S labor law requires employers to engage in collective bargaining with unions, once those unions have been recognized as the "exclusive representative" of the workers via card check or union election.

Because Leon Keyserling and Senator Robert Wagner were not idiots and could see it coming that employers would drag out negotiations in order to try to destroy the union through attrition, the Wagner Act of 1935 required employers to not just negotiate with unions, but to negotiate "in good faith" and made it a violation of the law to negotiate in bad faith.

Two major forms of negotiating in bad faith are "dilatory tactics" (deliberately using the procedures of collective bargaining and labor law more generally to delay the process) and "surface bargaining" (where the employer goes through the motions of meeting with the union, but refuses to engage in substantive discussions). This can include stuff like sending representatives who don't have authority to negotiate, refusing to schedule sessions or trying to unilaterally control the timeline, not asking questions or engaging in back-and-forth discussion, refusing to discuss topics that are germane to conditions of employment, and so forth.

These kinds of actions are considered Unfair Labor Practice violations and the NLRB can issue "cease and desist" orders and "affirmative bargaining" orders, as well as some rather creative "special remedies" that get around the Wagner Act's lack of monetary penalties. As that suggests, however, part of the problem is that because the Wagner Act doesn't have significant monetary penalties, a lot of companies will just budget a line item for breaking the law and treat that as the cost of doing business, while using the same dilatory tactics to appeal NLRB decisions through the courts in the hope that they can outlast the union. (This is why one of the most effective labor law reforms that could be passed in a Democratic Congress would be adding compounding daily monetary penalties and streamlining the ULP process in both the NLRB and the courts.)

From what I've read of the negotiations, I think there's a pretty clear cut case that AMPTP engaged in surface bargaining and used dilatory tactics, with the intent to run out the clock and thus provoke a strike in which they believed economic pressure would force the union into surrender, essentially a lock-out without declaring a lock-out.

I think it's backfired on them. A big part of AMPTP's strategy for winning that strike was to divide-and-rule - hence why they came to an agreement with the Director's Guild - by getting through the lean months by filming and releasing shows and movies with already-completed scripts. Now that SAG-AFTRA is on strike, that lifeline of content is immediately cut - which means AMPTP is going to run out of revenue in the near future, which as WGA leaders have pointed out means bad quarterly earnings reports, which means stock prices tank, which means investors and boards of directors get angry and executives become the ones facing the prospect of losing their jobs at the same time that all the compensation they've structured as stock options to avoid taxes loses value.

[heyheydidjaknow]

I haven’t played this stupid game in 6 months. This is a sequel to Prospects, this time featuring Bailey.

Agreement

The envelope shook in your hand. “This should suffice.”

Bailey took it from you, not bothering to meet your eyes as she slit the top and took the slip inside. Whitney, dressed for the ride ahead— or fight; whatever came first— in his sweats and t-shirt, stood with his back to the door. Despite your assurance, he had insisted on sitting in on this final transaction as if the mountain of cash you had worked yourself ragged to obtain would not be enough to settle the score, as if your being there were not dependent solely on your value as a worker, as if Bailey— who now looked up at you over the check between her fingers and her half-rimmed glasses— would care beyond that if you were gone.

The ground swayed beneath your feet.

Bailey leaned back in her chair, gesturing to Whitney with the check. “This was your idea?”

You could not bring yourself to look back at him, but you could imagine his expression. It was the same as when you had when you had met Briar and Avery a few days before; cool, unflinching, as though you were an item at a pawn shop he was trying to get a good price on. You supposed you were, in a sense. “Yes.”

Bailey nodded slowly, taking in your figure, your stance. You squirmed under her gaze. “And the child’s yours, I take it?”

“Yes.”

She considered as much. “You know,” she mused, “your… what would the word be? Fucktoy?”

He scoffed. “For our purposes, property.”

“Oh, hardly.” She leaned her elbows on the desk, fingers lacing together under her chin. “Not officially at least, not until our terms are settled.”

“What terms are there to settle?” You picked at your cuticles, heart pounding in your throat. “Is that not how much—“

“That’s how much my best earner was worth before.” Her smile was sweet like cough syrup, sharp like whiskey. “I’m a businesswoman you understand; it would hardly make much sense for me to part with my greatest revenue stream for its raw material costs.”

You looked back at Whitney. He kept his eyes trained on the woman in front of you. “And how much would it take for you to part ways with your charge?”

She sighed in mock contemplation. “Oh, I don’t know.” She sucked her teeth. “Another fifty percent ought to do it.”

The words echoed in your ears. You swallowed back panic as you went back to staring at the floor.

“Fifty?” His sneer was audible. “The fuck you take me for?”

“Someone desperate.” She gestured to you. “Someone willing to take when they can get and leave.”

“A bitch, you mean.”

“So long as we’re being frank.”

“You—“

“Do you know how much that child is worth?” You shut your eyes as you felt her own take you in. “Do you know what sort of market you could appeal to with a matching set?”

You heard a rustling of cloth behind you. Whitney’s voice was as cheerful and bright as you had ever heard it. “So long as we’re considering the lives of people that matter,” he smiled, “I’m curious; how much is your life worth?”

There was a pause, a laugh from Bailey. “That bitch,” she sighed. “First that file—“

“This actually isn’t Laundry’s, surprisingly enough.” You heard the clinking of metal parts as he gestured to you. “Friend of a friend who lives in the country; I promised him the deed to this shithole if your position found itself empty.”

Despite yourself, you turned to face him. He held the pistol in his hand with the confidence of a man unfazed by its weight. In the back of your mind, you wondered if he would be tried if he went through with it, whether the cops would come or care or whether they would write it off as the result of one of Bailey’s “ungrateful brats”. You could not for the life of you decide which would be preferable.

“So,” he continued, finger twitching, eyes shining, “I think it best if we tried renegotiating terms.” He gestured to you. “Either you take the money and I take your cash cow off your hands—“ He steadied his aim, “— or I redecorate your office with your insides and you get to find out whether the contents of that envelope are worth shit in hell.”

You cast your gaze back towards her. Bailey looked between the two of you, lips pursed. “You’re more desperate than I thought.” She pushed her glasses up her nose and reached into her shirt pocket. “Let me give you some advice, kid.”

You shut your eyes again at the click of the safety. “Hands where I can see ‘em.”

She pulled out a carton of cigarettes, tapping one out and sticking it between her lips. “He isn’t a better person than I am, you know.” She took a lighter off her desk. “He’s not going to take better care of you than I am, isn’t going to wish you off to some fairy tale land where you’ll never know hardship; if anything, he’s going to fuck you over harder than I do.” She lit it, took a drag, smiled, exhaled.

“You fucking—“

“And you.” She pointed the cigarette at him. “Whitney, yeah? You think your life’s going to get better by being a father?” She leaned her head on her free hand. “I’ve been stuck with this job for thirty years now; the only thing that thing—“ she waved the cigarette in your belly’s general direction, “— is good for is an accessory to the walking ATM it’s stuck in.”

You could hear his voice shake; with what, you could not tell. “So help me God if you say one more thing about my fucking kid—“

“Let me say my piece.” She stood up, taking another drag and blowing it in your face. “If I were you,” she sighed, “I’d see if Harper couldn’t make an exception to get that thing out of you while it’s not breathing. Short of that, I’d ship it here.” She leaned forward, resting her hand on the surface of her desk. “But if I ever find your brat at my doorstep,” she promised, voice lowering, “if I ever see you or that thing here again, I’ll make your time here look like a stay at the Ritz-fucking-Carlton.” She stuck the cigarette back between her teeth, tilting your head up to look her in the eye. The resemblance between her and Whitney was apparent; you wondered if that was just what the eyes of monsters looked like. “I will make your child pay for however much you would have made me twofold, and I will sell their body— whole or piecemeal— to any dumb fuck who asks for what I’m sure will be a pretty young thing like them. Do you understand me?”

You could not breathe.

Her grip on your jaw tightened. “Are you deaf?” She brought you closer, and you whimpered at the sensation. “I asked you a question. Do you understand me or don’t you?”

You shut your eyes as her nails dug into your skin. You dug your own into your palm as you forced yourself to nod.

She kept you there a moment— for what, you did not know— before pressing a kiss to your forehead. Your eyes shot open, and you swallowed back tears— of relief, of sadness, of panic— as she released you, collapsing to your knees and gasping for air. “Good.” She took the check, slipping it into her pocket before sitting back down. “Leave before I change my mind.”

You pulled yourself to your feet, practically tripping over yourself to cling to Whitney. He glanced down at you, letting you bury your face into his shoulder as he took one last look at your former guardian. Wordlessly, he pulled the two of you out into the hallway, past the children gathered by the door, past the garden and Robin and the stairs and the threshold and finally, with a smile of untempered relief and satisfaction, across the street, into the truck parked there, and away from that miserable town, and as you watched the buildings you had come to know as parts of your home flew past, as you watched people you recognized from school rush into the forest and students— like you, you registered vaguely, desperate for money, for purpose, for anything— lean against street corners, you wondered if this would be any better, if this was more desirable, if this was emancipation or a different, crueler kind of ownership.

You mumbled a goodbye to the bus stop as it passed. Only then did the tears really start.

[drdemonprince]

any idea how much $$ a mid-late 20s female could get to sell her virginity? just curious .,,,

This is a classic person-who-has-never-done-sex-work thinking-it-will-be-easy-and-that-they-will-be-inherently-more-desirable-because-they-are-not-a-sex-worker type question.

How are you going to find offers?

How are you going to advertise yourself?

What photos and videos do you have that will convince prospective bidders that you have something interesting to offer, sexually?

What sexual skills do you have?

How are you as a conversationalist?

Are you a good listener?

How would you handle a client who is crying, triggered, drunk, depressed, or irate?

How are you going to vet a client for your own safety?

How will you accept payment?

What is included in the offer?

Where will the deal happen?

What are you going to wear?

How long is the session?

Why should someone who normally hires skilled, experienced professionals want to pay a novice like you?

I will level with you. Your virginity is not worth shit. You have been lied to all your life about the value of that conceptual "purity," and about sex work being a low skill, low value service. It isn't.

It is an incredible amount of work to get even one decently paying client as a sex worker. It takes a ton of effort creating videos and photos, editing them, manufacturing your image and brand, networking with other sex workers, maintaining a social media presence, vetting potential clients, and establishing yourself as a small business owner to even begin collecting revenue, and quite a while after that before you turn a profit.

Are you ready to put that work in? Are you willing to hire other sex workers as a client yourself first, so that you can pay them to show you the ropes? Are you ready to shoot porn of yourself to advertise your services, and post it daily, interacting with scores of unpaying viewers before one finally converts to a real-life client? Do you want to develop the interpersonal and sexual skills necessary to give a client a good time?

Or do you want someone to just cut you a check because you're a virgin?

[argumate]

Expert policy-makers in Western capitals feel that they have to make a response to major historic challenges like climate or the rise of China, or South Africa’s energy crisis. It is their job to look to the future and to devise at least purportedly rational strategies of power. But those who make policy on such matters as sustainable development do not hold the purse-strings and have limited capacity to shift budget-constraints. Those that do set budgets, either do not care about broader global issues, prefer other tools for affecting those goals - such as military power - or are revenue constrained and unwilling to levy more revenue from their constituents for the far-flung goals favored by the policy-making elite.

There is thus never “enough money” for the softer and more complex dimensions of development and global policy. But, despite these all too obvious limitations, the policy-machine grinds on. Faut de mieux those tasked with geoeconomic policy and sustainable development cooperate to come up with programs like JET-P. The policies tick all the boxes as far as sophistication of design and conception. Powerful interests - notably high-finance - ensure that they are arranged, at least notionally, so as to offer derisking and to promote the vision of public-private partnership. The promise of “mobilizing” private money helps to paper over the lack of solid public funding.

But despite all the self-interested engagement by private finance, the fiscal constraint remains paramount. The forces interested in global development are not as powerfully engaged as they are around the military-industrial complex, oil and gas or the Wall Street nexus. The result are ambitious and professionally designed policies that whip up waves of enthusiasm in the ranks of analysts, think tanks, NGOs, pundits, but which have no prospect of materially affecting reality either with regard to the announced policy objective or the profit opportunities of Western capital.

From experience since 2021 the conclusion we must surely draw is that the one interest that such policies undeniably serve is the perpetuation of the policy circuit. Practical effectiveness is not necessarily the main driver of policy-generation. Indeed, failure may be productive in generating new policy. This not only perpetuates the machinery of policy-making. More importantly it contributes to the generation of a “state effect” - the US has a policy for x,y,z. It sustains the common sense that the world is governed and that “governance” is in some sense a coherent process.

brutal

[literary-illuminati]

Skimming over a couple thousand years of Mesopotamian social history is, if nothing else, a great source of data points to support the whole 'Classical Greece/Athens was actually weirdly patriarchal and misogynistic. Like, even for bronze age city states,' thing next time there's an argument about it.

The fact that noble families in Old Babylon dealt with unfavorable marriage prospect/not wanting to pay out large dowries for their daughters by, like, creating a whole institution where they'd symbolically marry the sun god and be given an extra-large dowry (equal to what their share of the inheritance would have been if they were a son) to live off the revenues of and ideally steward and grow some before it went back to the family when they died is just fascinating though.

Also fascinating - the fact that Ashur circa ~1800 BCE was something like a merchant republic, with the theocratic king sharing power with an official serving 1-year terms, apparently elected from/by the leading merchant magnates.

[seat-safety-switch]

Nobody likes to shovel snow. That's why we invented cheap, rusty plow trucks. A truck is strong, so it can push a whole bunch of snow at one time, and old trucks are cheap, so nobody cries if they get rusted to bits. Wait, I'll cry about that.

An old truck is like an old, trusted friend: they were with you during the hard moments in your life. Picking up that arcade cabinet you found on the side of the road. Yanking your mom's old azalea bush out of her front yard. Barrelling down a rural road with your loyal dog on the bench seat beside you. Cutting the lights so the revenuers don't see you hiding in those trees, and they pass harmlessly until you can make good your escape, knowing they'll be stuck for hours in that valley maze and you can thermite a few more bulldozers before they figure out where you went. So it's sad whenever a truck is finally disposed of, and becomes condemned to its last useful task: shovelling snow.

Here at Switch Plow Truck Rescue, we don't think it has to be like that. Our team of experienced automotive restorers will immediately drive the truck to California, where it will quintuple in value despite not having been repaired in any real way. The improvement in resale price, however, of being "a California truck" will attract some sucker who is totally willing to spend six times as much money restoring it to stock. The truck survives its ordeal in the salt hell of winterland, we get a stack of money, as-seen-on-teevee custom car paint shops receive important work like "figure out what part of this used to be the floor," and everyone wins.

Sure, there's some risks, like any investment. We are legally required to tell you about them now. A lot of these trucks are so far gone that they blow away in the wind as soon as we get them on the trailer. Sometimes we can't even find them where they're parked: the act of brushing the accumulated snow off the body destroys the truck as well. And we've had to accept as little as triple value when an unusually savvy prospective buyer correctly guesses that a truck that lived in San Diego should still have all of its doors.

There's a lot of flaws in the model, if I'm honest, but would you rather go out there and shovel your driveway by hand, like a caveman, or would you like to commit mild interstate financial fraud through misrepresentation of goods? I thought so.

[woundlingus]

Do you have any unpopular spn opinions?

Destiel is the modern day “and dumbledore was gay”

Dean reciprocating Castiel’s feelings is as canonical as Jack is nonbinary, which is as canon as Gabriel harbouring secret feelings for Sam and having a Grindr account, which is as canonical as Michael and Adam having hot gay sex when they aren’t busy shilling hot sauce.

The actors are pandering for convention money because fools will still pay $500 for a photo and the opportunity to meet them if they say something gay about their characters, and none of that is canonical or real, they’re just saying whatever they want now because it’s going to get them a fat check and they’ll never have to face the consequences now that the show isn’t running and their revenue can’t be affected by people switching it off because they’re upset they’re not being catered to. It’s just one of those things that the actors do to pander to the audience outside of the bounds of their contractual work to build dedication off the desperate and rabid fans who will claim actors as their icons because they said or did something entirely non-consequential to the real story. It’s for personal PR.

I’d tell you whatever you wanted to hear too if I was going to get a 50k check several times a year every time I did a little song and dance on stage to convince you a show that I was on that repeatedly and blatantly made fun of queerness and it’s “psychotic” fans who think it’s queer and made a constant point of trying to push away its young female demographic to try and claw for validation from older male audiences, was actually gay but you have to close your eyes and believe in the magic of my post-show-mortem words, so then everyone can feel superior about their ship being canon when it actually came out the mouth of washed up actors with no more prospects that are five whiskeys deep already after being served them bottomlessly in the nice little green room back stage.