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OBAMA’S CABINET….The New York Times says Hillary Clinton has decided to become Barack Obama’s Secretary of State. New York Fed chief Tim Geithner will head up the Treasury. So far, then, Obama’s cabinet looks like this:

State: Hillary Clinton
Treasury: Tim Geithner
Defense: Robert Gates (maybe)
Attorney General: Eric Holder
Health & Human Services: Tom Daschle
Homeland Security: Janet Napolitano

Whatever else you can say about this crew, there’s not much question that Obama is assembling an extremely experienced and competent set of advisors. This is a team that can definitely hit the ground running.

On a related topic, I guess this means I have to eat my hat. After my trip to the Genius Bar this afternoon I shall search the local bakeries for a chocolate cake shaped like a hat and report back to you on how I fare.

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AN IMPORTANT UPDATE

We’re falling behind our online fundraising goals and we can’t sustain coming up short on donations month after month. Perhaps you’ve heard? It is impossibly hard in the news business right now, with layoffs intensifying and fancy new startups and funding going kaput.

The crisis facing journalism and democracy isn’t going away anytime soon. And neither is Mother Jones, our readers, or our unique way of doing in-depth reporting that exists to bring about change.

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If you can part with even just a few bucks, please help us pick up the pace of donations. We simply can’t afford to keep falling behind on our fundraising targets month after month.

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