November 7, 2011

Quote of the Day: Europe’s Bellwether

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From Dan Drezner, commenting on the latest twists and turns in the eurozone saga:

I’ve said it before and I’ll say it again: any time the global economy is counting on Silvio Berlusconi to do the right thing is not a good time.

I think Berlusconi is an object lesson for America. This is what could happen if we actually elected someone like Sarah Palin or Herman Cain president. It’s just a bad dream for us, but the Italians actually did it.

More here from Gavyn Davies via Paul Krugman, who says the best way to think about the eurozone mess is that it’s fundamentally a trade deficit problem and nobody is even pretending to know what to do about it.

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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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