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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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We've never been very good at being conservative.

And usually, that serves us well in doing the ambitious, hard-hitting journalism that you turn to Mother Jones for. But it also means we can't afford to come up short when it comes to scratching together the funds it takes to keep our team firing on all cylinders, and the truth is, we finished our budgeting cycle on June 30 about $100,000 short of our online goal.

This is no time to come up short. It's time to fight like hell, as our namesake would tell us to do, for a democracy where minority rule cannot impose an extreme agenda, where facts matter, and where accountability has a chance at the polls and in the press. If you value our reporting and you can right now, please help us dig out of the $100,000 hole we're starting our new budgeting cycle in with an always-needed and always-appreciated donation today.

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