Today's Twitter threads (a Twitter thread).

Inside: The Rent's Too Damned High; Highway to Hell; and more!

Archived at: pluralistic.net/2021/06/14/eut…

#Pluralistic

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The Rent's Too Damned High: A podcast of my Medium column on the long con of asset appreciation.



2/
Highway to Hell: The infrastructure "compromise" is just funny accounting.



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#20yrsago ORBS spam blocklist goes dark web.archive.org/web/2001061806…

#10yrsago WIPO boss: fair use is a "negative agenda," rights for blind people are a distraction, let's make more copyright! memex.craphound.com/2011/06/14/hea…

4/
#5yrsago Steeplejack: diverse YA fantasy driven by expert plotting memex.craphound.com/2016/06/14/ste…

#5yrsago Appeals court: FCC has jurisdiction to impose net neutrality on ISPs vice.com/en/article/8q8…

6/
#5yrsago Cable industry wants you to know that competition is bad for its customers techdirt.com/articles/20160…

7/
#5yrsago Goldman Sachs bribed Libyan officials with sex workers, private jet rides, then lost all their money theguardian.com/business/2016/…

#5yrsago Peter Thiel’s lawyer threatens Gawker for talking about Donald Trump’s “hair” gawker.com/now-peter-thie…

8/
#5yrsago Air Force loses access to database tracking fraud investigations to 2004 arstechnica.com/information-te…

#1yrago LA schools returned grenade launchers, kept assault rifles pluralistic.net/2020/06/14/wit…

9/
Yesterday's threads: A stroll through Magnolia Park; and more!



10/
My latest novel is Attack Surface, a sequel to my bestselling Little Brother books. @washingtonpost called it "a political cyberthriller, vigorous, bold and savvy about the limits of revolution and resistance."

Get signed books from @darkdel: darkdel.com/store/p1840/Av…

11/
My book "How to Destroy Surveillance Capitalism" is a critique of Big Tech connecting conspiratorial thinking to the rise of tech monopolies (proposing a way to deal with both) is now out in paperback:

onezero.medium.com/how-to-destroy…

Signed copies here:
darkdel.com/store/p2024/Av…

12/
My ebooks and audiobooks (from @torbooks, @HoZ_Books, @mcsweeneys, and others) are for sale all over the net, but I sell 'em too, and when you buy 'em from me, I earn twice as much and you get books with no DRM and no license "agreements."

craphound.com/shop/

13/
Recent appearances:

* Darts and Lasers podcast:
dartsandletters.ca/2021/06/11/ep2…

* @NicoleSandler Show:


* Fireside Chat with @BeaBusaniche (@Rightscon)


14/
My first picture book is out! It's called Poesy the Monster Slayer and it's an epic tale of bedtime-refusal, toy-hacking and monster-hunting, illustrated by Matt Rockefeller. It's the monster book I dreamt of reading to my own daughter.

pluralistic.net/2020/07/14/poe…

15/
You can also follow these posts as a daily blog at pluralistic.net: no ads, trackers, or data-collection!

Here's today's edition: pluralistic.net/2021/06/14/eut…

16/
If you're a @Medium subscriber, you can read these - as well as previews of upcoming magazine columns and early exclusives on doctorow.medium.com.

17/
My latest @Medium column is "Illegitimate Greatness," on what we can learn from Ida M Tarbell's century-old critique of John D Rockefeller

doctorow.medium.com/illegitimate-g…

18/
If you prefer a newsletter, subscribe to the plura-list, which is also ad- and tracker-free, and is utterly unadorned save a single daily emoji. Today's is "☄️". Suggestions solicited for future emojis!

Subscribe here: pluralistic.net/plura-list

19/
Are you trying to wean yourself off Big Tech? Follow these threads on the #fediverse at @pluralistic@mamot.fr.

Here's today's edition: mamot.fr/@pluralistic/1…

20/
Today's top sources: Naked Capitalism (nakedcapitalism.com).

eof/

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More from @doctorow

15 Jun
Today's Twitter threads (a Twitter thread).

Inside: Taxes are for the little people; and more!

Archived at: pluralistic.net/2021/06/15/gui…

#Pluralistic

1/ Image
Taxes are for the little people: If your eyes glaze over at "carried interest loophole," wait'll you hear about "fee waivers."



2/ Image
Yesterday's threads: The Rent's Too Damned High; Highway to Hell; and more!



3/ Image
Read 18 tweets
15 Jun
If you wanna do crimes, make them incredibly complicated and technical. Like the hustlers that came into the bookstore I worked at and spun these long-ass stories about why they needed money for a Greyhound ticket home.

Those guys shoulda studied the private equity sector.

1/ The IRS building in Washing...
(If you'd like an unrolled version of this thread to read or share, here's a link to it on pluralistic.net, my surveillance-free, ad-free, tracker-free blog:)

pluralistic.net/2021/06/15/gui…

2/
Private equity's playbook is to borrow giant sums by putting up other peoples' companies as collateral (yes, really). Then they use that money to buy the company they mortgaged, and pay themselves a huge dividend.

3/
Read 41 tweets
15 Jun
Jay Stowitts as the Satyr in The Magician. (1926) starrywisdomsect.tumblr.com/post/654074033…
Jay Stowitts as the Satyr in The Magician. (1926) starrywisdomsect.tumblr.com/post/654074033…
Jay Stowitts as the Satyr in The Magician. (1926) starrywisdomsect.tumblr.com/post/654074033…
Read 6 tweets
14 Jun
More than a century ago, Ida M Tarbell published her magisterial HISTORY OF THE STANDARD OIL COMPANY, a scorching two-volume piece of investigative journalism that led to the downfall of Standard Oil and the taming of John D Rockefeller.

gutenberg.org/files/60692/60…

1/
Tarbell was a self-taught, independent, uncredentialled journalist who covered the stories the mainstream press was unwilling to touch (remember that the next time someone tells you that we can solve disinformation by professionalizing journalists).

2/
She was raised in a Pennsylvania oil family and watched her father and all his friends get destroyed by Rockefeller's frauds. She was an activist, a Suffragist, a pioneer who demanded a scientific university education at a time when women were excluded from the sciences.

3/
Read 14 tweets
14 Jun
The infrastructure bills are working their way through Congress, and Republicans are indiscriminately blocking them. Take the surface transportation bills: $547b over five years, that passed with only one GOP vote in favor.

1/ Collapsed bridge; Harris & Ewing, photographer; between 1921
That might seem like a lot, but it's just a re-authorization of existing spending. It doesn't authorize a single cent of new maintenance and upkeep - it just continues the existing level of spending. Without it, America would stop maintaining its infrastructure altogether.

2/
In other words, the ENTIRE GOP CAUCUS (except @RepBrianFitz R-PA) voted to zero out America's infrastructure maintenance programs for the next five years.

prospect.org/politics/every…

3/
Read 16 tweets
14 Jun
This week on my podcast, I read my @Medium column "The Rent's Too Damned High," an essay about the economic incoherence of making home-ownership the path to economic security and a middle-class life.

medium.com/p/520f958d5ec5…

1/ American slums of yesteryear.
Obviously, home-ownership does allow for intergenerational wealth accumulation (simply compare the wealth accumulation gap between Black families who were excluded from home subsidies like the GI Bill and white families who weren't), but that's not the whole story.

2/
Owning a home is a good way to insulate yourself from a landlord's whims and a good place to stash gains from the labor market, but when a nation turns to asset appreciation - not labor - to increase prosperity, almost everyone loses within a generation or two.

3/
Read 21 tweets

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