November 16, 2009

Quote of the Day

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From Ben Bernanke, in a speech to the Economic Club of New York:

The best thing we can say about the labor market right now is that it may be getting worse more slowly.

Hey, you know what would be great right about now?  Federal aid to states to keep them from going bankrupt and making the labor market even worse.  There must be a branch of the government out there somewhere that could do something along these lines.  Thinking it starts with an L…..

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ONLY HOURS LEFT—AND EVERYTHING RIDING ON IT

A full one-third of our annual fundraising comes in this month alone. That’s risky, because a strong December means our newsroom is on the beat and reporting at full strength—but a weak one means budget cuts and hard choices ahead.

With just hours left, we need a huge surge in reader support to get to our $400,000 year-end goal. Whether you've given before or this is your first time, your contribution right now matters. All gifts are 3X matched and tax-deductible.

Managing an independent, nonprofit newsroom is staggeringly hard. There’s no cushion in our budget—no backup revenue, no corporate safety net. We can’t afford to fall short, and we can’t rely on corporations or deep-pocketed interests to fund the fierce, investigative journalism Mother Jones exists to do. That’s why we need you right now. Please chip in to help close the gap.

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