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THE PIT OF MY STOMACH….Democrats sure are a bunch of nervous nellies, aren’t they? And hey — I admit that I’ve gotten up a couple of times this week with a sinking feeling in the pit of my stomach too. Obama’s poll lead is shrinking. The convention has been sort of a fizzle so far. The media is obsessed with the hundred or so PUMA dead enders screaming in the streets of Denver. And John McCain’s campaign of junior high school character assassination seems to be working pretty well.

But look. There’s a reason I blog with my fingers, not with the pit of my stomach, and the fundamentals of the race really haven’t changed that much. After four weeks of nonstop attacks from the McCain machine Obama is still a couple of points ahead in the polls with plenty of time left until election day. He hasn’t raised as much money as he’d hoped, but he’s still outraising McCain by a sizeable margin. Over the course of the campaign I think Joe Biden is going to be a surprisingly strong asset. In order to avoid a complete implosion in Congress the GOP is going to be forced to spend a ton of money it doesn’t have on Senate and House races. I continue to believe that Obama will start running a much tougher and more focused campaign after Labor Day. His ground operation is going to be superlative (something that doesn’t show up in the polls). And Obama is still, regardless of how McCain’s troupe of gleeful attack poodles spins it, a charismatic and appealing candidate almost oozing with good sense and good judgment.

And call me a goggle-eyed optimist (no, really, go ahead), but I still think that at some point the press is going to tire of McCain’s schtick. His slime is so patent, his pandering is so obvious, his lack of seriousness is so palpable, and his attacks are so transparent, that it just has to eventually get through to them. I’m well aware that history isn’t on my side here, but still I hope. These folks have to have a little pride, don’t they?

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WE CAME UP SHORT.

We just wrapped up a shorter-than-normal, urgent-as-ever fundraising drive and we came up about $45,000 short of our $300,000 goal.

That means we're going to have upwards of $350,000, maybe more, to raise in online donations between now and June 30, when our fiscal year ends and we have to get to break-even. And even though there's zero cushion to miss the mark, we won't be all that in your face about our fundraising again until June.

So we urgently need this specific ask, what you're reading right now, to start bringing in more donations than it ever has. The reality, for these next few months and next few years, is that we have to start finding ways to grow our online supporter base in a big way—and we're optimistic we can keep making real headway by being real with you about this.

Because the bottom line: Corporations and powerful people with deep pockets will never sustain the type of journalism Mother Jones exists to do. The only investors who won’t let independent, investigative journalism down are the people who actually care about its future—you.

And we hope you might consider pitching in before moving on to whatever it is you're about to do next. We really need to see if we'll be able to raise more with this real estate on a daily basis than we have been, so we're hoping to see a promising start.

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