July 8, 2015

The Shocking Truth About Wednesday’s Apocalypse Involving Wall Street, China, ISIS, and United Airlines

“WHAT THE HELL IS GOING ON?”

Henk Badenhorst/iStock

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When the New York Stock Exchange inexplicably halted trades at about 11:30 Wednesday morning, people around the Twittersphere reacted with their typical restraint, reasoned analysis, and careful double-checking of the facts.

Or not.

After all, there were an unusual number of suspicious events today, and Twitter was swirling with paranoid conspiracy theories linking Wall Street, the grounding of United Airlines flights, ISIS, and the Chinese financial meltdown.

Initial reactions were largely variants of this one:

But the conspiracy theories—involving the Chinese, the CIA, and even ISIS—were not far behind. Some came from on high. Here’s one from US Senator Bill Nelson (D-Fla.):

He wasn’t the only one taking things in that direction:

And even after the US Department of Homeland Security said there was no indication that the NYSE situation was due to a malicious act, some people weren’t buying it:

The theory that China might be behind this series of events could be supported by data from the Norse Intelligence Network,  a California-based online security company. The company offers up a real-time cyber attack map, which seemed to show at midday on Wednesday that China was the number-one attacker and the US was the number-one target:

Screenshot from the Norse Intelligence Network attack map on July 8, 2015. map.norsecorp.com

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WE'LL BE BLUNT.

We have a considerable $390,000 gap in our online fundraising budget that we have to close by June 30. There is no wiggle room, we've already cut everything we can, and we urgently need more readers to pitch in—especially from this specific blurb you're reading right now.

We'll also be quite transparent and level-headed with you about this.

In "News Never Pays," our fearless CEO, Monika Bauerlein, connects the dots on several concerning media trends that, taken together, expose the fallacy behind the tragic state of journalism right now: That the marketplace will take care of providing the free and independent press citizens in a democracy need, and the Next New Thing to invest millions in will fix the problem. Bottom line: Journalism that serves the people needs the support of the people. That's the Next New Thing.

And it's what MoJo and our community of readers have been doing for 47 years now.

But staying afloat is harder than ever.

In "This Is Not a Crisis. It's The New Normal," we explain, as matter-of-factly as we can, what exactly our finances look like, why this moment is particularly urgent, and how we can best communicate that without screaming OMG PLEASE HELP over and over. We also touch on our history and how our nonprofit model makes Mother Jones different than most of the news out there: Letting us go deep, focus on underreported beats, and bring unique perspectives to the day's news.

You're here for reporting like that, not fundraising, but one cannot exist without the other, and it's vitally important that we hit our intimidating $390,000 number in online donations by June 30.

And we hope you might consider pitching in before moving on to whatever it is you're about to do next. It's going to be a nail-biter, and we really need to see donations from this specific ask coming in strong if we're going to get there.

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