Tuesday, 16 August 2022

feel the beat on your tambourine (10. 065)

Released to the UK and Europe this day in 1976 following its domestic debut the day before, the lead single from ABBA’s fourth studio album Arrival was an international chart topper, this Europop interpretation of American disco about the joy of dancing considered among the best musical numbers ever produced. Under the working title “Boogaloo,” early sessions contained the draft lyrics “Baby, baby—you’re out of sight. Hey, you’re looking alright tonight. When you come to the party, listen to the guys—they’ve got the look in their eyes…” Developed in the mid-90s following the registry standard for printed materials—the ISBN—the first International Standard Music Work Code (ISWC) was assigned to “Dancing Queen” with the unique identifier T-000.000.001-0.

Monday, 15 August 2022

private equity (10. 064)

Reinforcing the reality that the US is the biggest tax haven, the carried interest loophole, whose perennial but feeble attempts at reform nearly cost the US government and people a significant legislative win in terms of environmental protection and financial recovery, represents the bonus cut an investment manager—arguably a fee earned for enhancing the performance of stock portfolio—which are not in America taxed as regular earnings. Although the concept dates back to the sixteenth century and the age of colonialism—ships’ captains taking a share of profits ultimately earned on goods carried or transported as a way to build and maintain boat and crew and avoiding the prohibition against usurious loans, the idea was not codified, incentivised until 1913 and the explosion of domestic hydrocarbon exploration. Applying a lesser tax liability to the explorers’ profit (versus the share that the partners received) based on the above reasoning that the explorers were also shouldering a risk if their venture was unsuccessful, the immediate returns were classified as capital gains and due to the difficulty of assessing future value, taxes on carried interest can be deferred until cashed out. This is why poor-mouthing billionaires take out successive loans rather than reify their worth on paper. Moreover, with this continued concession to current regulations, wealth managers, hedge fund operators and the like are able to further exploit the returns on an investment above and beyond their individual exposure to the total profits earned by gambling with other people’s money, taxed at about half what earners in a much lower income bracket would be liable for.

6x6 (10. 063)

lawrence livermore labs: scientist achieve ignition, a long-standing and elusive goal for fusion research (see previously)

kiwa tyleri: the Guardian continues its profiles of denizens of the deep with the hirsute ‘Hoff crab’ who thrive at hydrothermal vents on the bottom of the ocean by picking sulfur-fixing microbes off their chests  

one year on: a photographic essay on Afghanistan one the anniversary of the fall of the flight of Aschraf Ghani and the takeover by the Taliban  

obligate predators: German town releases house cat from a special lockdown but questions linger on protecting nature from our feline friends  

rivers run dry: the climate emergency propelling the drought is making the Rhein and Danube unnavigable

o-positive: researchers discover a method for changing blood types (see also) of donated organs—increasing potential for compatibility for beneficiaries

ferragosto (10. 062)

Originating from the Roman holiday Feriae Augusti instigated by Caesar Augustus, Octavian, to reward agricultural workers (inclusive of beasts of burden) after a long, hot summer of toil at the head of the month and to commemorate his victory over Mark Antony in the Battle of Actium, the Church later shifted the festivity to coincide with the Feast of the Assumption. Observed also by the residents of San Marino, the canton of Ticino and for political reasons the Vatican rather than the day of holy obligation, the holiday became associated with an extended vacation weekend during the fascist era when Mussolini directed the National Afterwork Club (Opera Nazionale Dopolavoro—see also) to arrange hospitality and the “People’s Trains of Ferragosto” (nothing to do with ferrocarril) at heavily discounted prices that allowed working class families to visit the mountains or the seaside. This tradition continues commercially, the date signaling the start of the holiday season in Italy and businesses shutter operations for the next couple of weeks. Chiuso per ferie.

happy blogoversary: we are fourteen years old today (10. 061)

As PfRC passes this milestone, we want to once again extend our gratitude to our readership for your encouragement and sustaining interest and as well to our fellow chroniclers and internet caretakers. We hope that we’ve given you all something to pique your curiosity and aspire to keep the internet engaging, weird and old school. 

Since our last celebration, here are the most popular posts (measured by traffic): 

10: A 1969 series of record albums from celebrity astrologer Carroll Righter 

9: A post on expressing large numbers in Cyrillic script  

8: A 2021 post on World Aids Day and other on-going pandemics 

7: A 2013 post eulogising the weird old web  

6: top Japanese laundrette designs of 2019  

5: Once again—the seat of power shifts from Rome to Constantinople  

 4: Another perennial favourite, Martha Gellhorn from Art for Housewives  

3: Not another COVID conspiracy 

2: An unsolved UNICODE mystery 

1: A picture of photographic solidarity 

Warm greetings and salutations to all of you and wishing you nothing but the best for the balance of 2022.

Sunday, 14 August 2022

everybody wants to rule the tuba (10. 060)

Our gratitude to our peripatetic friends at Marco McClean’s Memo of the Air for directing us back to the musical stylings of Seb Skelly (see previously) in his latest perfectly arranged for brass quintet and masterfully performed (all by Skelly) Tears for Fears’ track. Much more to explore at the links above.

9x9 (10. 059)

i’m sorry but this is quite clearly a haunted murder panda and/or the protagonist of moshfegh’s next novel. do not buy: an assortment of random oddities that one preeminent author is selling her online emporium—via Nag on the Lake’s Sunday Links (check it out!)  

quasi-modal: apparently “thy shall be done” is a thing now  

eye of the beholder: an AI visits a contemporary art museum 

printers’ auxiliaries: a beautiful 1940 book of typefaces from the Gujarati foundry  

if marisol and nilofer are the only non-white women at the staff meeting, how frequently will each be called by the other’s name: word problems for female professionals that aren’t so non-sequitur  

pulp power: the mainstay illustrative style of 1930s and 40s serial fiction  

heat dumping: searching for the etymology of the adaptive behaviour of splooting—which is referred to in England as squirrel “pancaking” 

world englishes: the OED on Irish’s contribution to language—see previously  

a lamb himself: an excerpt from Ottessa Moshfegh’s novel Lapvona

brackets, in kilohertz, closed brackets (10. 058)

In winter of 1978 in response to a newly brokered international broadcasting frequency allocation scheme, much of the BBC’s presence on the radio dial shifted and to pass this information to the listening public, the Broadcasting Corporation commissioned the a capella vocal ensemble The King’s Singers to harmonise a series of psalm settings to list the changed stations. It was released as a single by EMI Records as the transition was coming into effect called “Some Enchanted Wavelength.” After this pause for station identification, the public became endeared to the group for the 1984 televised documentary series on minstrel traditions in Western Europe called The Madrigal History Tour in deference to the Beatles’ album. Listen to more announcements in anticipation of the 23 November changes, please click here.