Um, what?

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Banking, as he once told a television interviewer, had become the most spiritual of all professions. He would quote his favourite statistic: one thousand billion dollars of trading took place of the world’s financial markets every day. Since every transaction involved a two-way deal, this meant that five hundred billion dollars would be changing hands. Did the interviewer know much of that money derived from real, tangible trade in goods and services? A fraction: 10 per cent, maybe less. The rest was all commissions, interest, fees, swaps, futures, options: it was no longer even paper money. It could scarcely be said to exist. In that case (continued the interviewer) surely the whole system was nothing but a castle build on sand. Perhaps, agreed Thomas, smiling: but what a glorious castle it was …
Jonathan Coe, The Winshaw Legacy, or: What a Carve Up! (1994)

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One of the joys of borrowing books from the library is encountering previous borrowers’ anonymous notes.  I have sometimes offered to lend a book to a friend, only to realize that I’ve scribbled my own (embarrassing) notes in the margins of the book in question.  In most cases, I’ve underlined nearly half the book, suggesting (I fear) that I can’t discern a thesis amid all a book’s elaboration.  

The previous borrower of The Partners (Louis Auchincloss) underlined each word not in his/her vocabulary and folded down a corner on each page where such a word was encountered.  Sometimes she (? it looks like a woman’s penmanship) writes a definition in the margins.  Othertimes, no.  

This has been useful to me, because I also did not know the word “adiposity” (fatty), and I’m glad not to have been alone in this.

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Everything today is taxes. Common law, constitutional law, even criminal law. They’re all soaked in tax questions. What better seat on the grandstand of life can I offer you than that of tax counsel? Public and private morality, where are they? Submerged in a sea of exemptions and depreciations, of write-offs and loopholes, of fabricated balance sheets and corporate hocus-pocus. What is hospitality but deductibility? What is travel but business expense? What is charity, charity that was greater than faith and hope, but the taxpayer’s last stand? Who is the figure behind every great man, the individual who knows his ultimate secrets? A father confessor? Hell, no. The tax expert!
From The Partners by Louis Auchincloss.  

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37. Dust: The Archive and Cultural History (Carolyn Steedman)

95books:

Carolyn Steedman’s extension of Derrida’s Archive Fever (#18) is sharp and kind of funny (in a theory kind of way). Her literalization of Derrida’s fever as a real disease contracted from the dust of the archive is a highlight of my reading so far this year. Outside of a few writers, theory is rarely funny, so coming across an intelligent, well-constructed theoretical text that also has a sense of humour is a joy. So good.

-ryan

Agreed.  One of the best works of theory I came across in grad school.

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It was said to me today, and I think it’s true (I paraphrase): “I get annoyed by people who want to save the world through human rights.  Tax is the real thing.”

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Turbott Wolfe: in life itself

“I could think of nothing more pleasing than a small business, under my own eye, under my own hand, in which no halfpenny would be able to stray.  A small business,  I reflected, would be like an instrument.  It would be entirely dependent on me for the music, for the volume, the pitch, the tone, the quality of the music.  I thought then, as I think now, that trade is like art.  Art is to the artist and trade is to the tradesman.  I think the greatest illusion I know is that trade has anything to do with customers.  It must have been so long ago, almost before history I should think, so very long ago quite plain that you must never, if you are to be a success in trade, in art, in politics, in life itself, you must never give people what they want.  Give them what you want them to want.  Then you are safe.  But it is a platitude, and I digress.”  

- William Plomer

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Marisa Marisa Marisa: Oh, oh, ohhhhhh Ritchey is doing a bathroom graffiti project:...When...

Oh, oh, ohhhhhh Ritchey is doing a bathroom graffiti project:

When I worked at Bitch, I tried to get us to do a photo essay on girls’ bathroom graffiti. I can’t remember why it was killed? Anyway, I have always been interested in the “sisterhood statements” (as Ritchey calls them:…

 That would have been great!  (It’s never too late…) 

One of my teachers used to talk about bathroom graffiti as an example of a completely gendered genre, and I’m fascinated by the difference between men’s room graffiti vs. women’s. 

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I’m still waiting, anxiously and a bit sadly, for the DVD release of this movie.