October 29, 2008

Spreading the Wealth

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SPREADING THE WEALTH….It seems as if shortly before every election someone starts pushing a story about how congressional Democrats are being stingy in sharing their personal warchests for the common good. Tom Edsall has this year’s version:

While sitting on more than $100 million in donations and most facing no contest this year, the Senate’s 51 Democrats have given the party’s key Senatorial Campaign Committee, the DSCC — headed by Chuck Schumer (D-NY) this year — $11.3 million, or just over $220,000 apiece on average.

….New York Senator Hillary Clinton, who is not up for election until 2012 and who has $6.68 million cash on hand, gave a total of $115,000 to the DSCC. Indiana’s Evan Bayh, who has $11.3 million on hand and is up in 2010, gave $15,000. Barbara Boxer who has an even $4 million in the bank in preparation for her re-election bid in 2010, donated $30,000.

Come on, fat cat senators. Spread the wealth! Wouldn’t it make your collective day to kick Mitch McConnell out of the Senate?

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From the desk of Mother Jones CEO, Monika Bauerlein...

Newsrooms can be funded in many ways. One of the most controversial (and volatile) ways is by a for-profit corporation or a billionaire owner. We see it across the headlines on a weekly basis: the claw backs in public media, the gutting of The Washington Post, the bending over backwards to appeal to Trump and his allies.

But not here.

When Mother Jones first started publishing 50 years ago, our founders made a critical decision: to be a reader-supported nonprofit. They knew that no corporate owner would be interested in a muckraking newsroom; they also knew that no muckraking newsroom would be interested in following the agenda of a corporate owner.

And so, we’ve been reader-funded for half a century. We rely on contributions from our readers—readers like you—whether it’s $50, or $15 a month, or whatever fits your budget. People give what they can, and every donation makes a difference for our newsroom, which has grown tremendously—in size and reach and renown—since its inception in 1976.

You may be wondering: What does it take to publish an investigation? And what does my donation actually fund? The answers are one and the same: It takes people, resources, and time. And that’s what your donation funds directly.

Every donation Mother Jones receives from readers fortifies our newsroom, whether we’re covering underreported scandals out of Washington, DC, or the most important news of the day. And right now, each donation will be doubled because of our $50,000 match. So when you make a donation—$5, $50, any amount—it’ll go twice as far.

Your support keeps us going. If you’re able, donate today.

Thanks for reading.

—Monika

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