Keith

“Once in a while I lie there, as the television runs, and I read something wild and ancient from one of several collections of folktales I own. Apples that summon sea maidens, eggs that fulfill any wish, pears that make people grow long noses that fall off again. Then sometimes I get up and don my robe and go out into our quiet neighborhood looking for a magic thread, a magic sword, a magic horse.”
― Denis Johnson, The Largesse of the Sea Maiden

“Most of the crime-ridden minority neighborhoods in New York City, especially areas like East New York, where many of the characters in Eric Garner’s story grew up, had been artificially created by a series of criminal real estate scams.
One of the most infamous had involved a company called the Eastern Service Corporation, which in the sixties ran a huge predatory lending operation all over the city, but particularly in Brooklyn.
Scam artists like ESC would first clear white residents out of certain neighborhoods with scare campaigns. They’d slip leaflets through mail slots warning of an incoming black plague, with messages like, “Don’t wait until it’s too late!” Investors would then come in and buy their houses at depressed rates. Once this “blockbusting” technique cleared the properties, a company like ESC would bring in a new set of homeowners, often minorities, and often with bad credit and shaky job profiles. They bribed officials in the FHA to approve mortgages for anyone and everyone. Appraisals would be inflated. Loans would be approved for repairs, but repairs would never be done.
The typical target homeowner in the con was a black family moving to New York to escape racism in the South. The family would be shown a house in a place like East New York that in reality was only worth about $15,000. But the appraisal would be faked and a loan would be approved for $17,000. The family would move in and instantly find themselves in a house worth $2,000 less than its purchase price, and maybe with faulty toilets, lighting, heat, and (ironically) broken windows besides. Meanwhile, the government-backed loan created by a lender like Eastern Service by then had been sold off to some sucker on the secondary market: a savings bank, a pension fund, or perhaps to Fannie Mae, the government-sponsored mortgage corporation.
Before long, the family would default and be foreclosed upon. Investors would swoop in and buy the property at a distressed price one more time. Next, the one-family home would be converted into a three- or four-family rental property, which would of course quickly fall into even greater disrepair.
This process created ghettos almost instantly. Racial blockbusting is how East New York went from 90 percent white in 1960 to 80 percent black and Hispanic in 1966.”
― Matt Taibbi, I Can't Breathe: A Killing on Bay Street

“Four things do not come back: the spoken word, the sped arrow, the past life, and the neglected opportunity,”
― Ted Chiang, The Merchant and the Alchemist's Gate

“No one knows for sure who first invented glass. The earliest and most famous origin story comes from Pliny the Elder, the Roman soldier-intellectual who died in the eruption of Vesuvius in ad 79. The tale goes that many centuries earlier, Phoenician sailors had landed on a beach in what is now Israel. The Phoenicians, the great traders of the ancient era, were importing blocks of natron, an early form of soap rich in sodium (natron is why sodium’s chemical symbol is Na). Before turning in for the night, the Phoenicians lit a fire on the beach, and in the absence of anywhere else to rest their pots, they perched them on some of the natron blocks. As they lit their fire and heated the blocks of natron, something extraordinary happened. Pliny writes: “Upon its being subjected to the action of the fire, in combination with the sand of the seashore, they beheld transparent streams flowing forth of a liquid hitherto unknown: this, it is said, was the origin of glass.”[5”
― Ed Conway, Material World: The Six Raw Materials That Shape Modern Civilization