So far, we’ve had over 620 of you chip in for our fundraiser, and are well on our way to reaching our goal of 750 donations. So far, these contributors have paid for upgrades to site speed and service, a travel budget, meaningful “thank yous” to the regular guest bloggers, vacation support to keep the site vibrant while I get some R&R, and a grab bag of smaller site enhancements, like a mobile version of the site and audio equipment for podcasts. Thanks to your speedy response, we’ve given our tech support the go ahead to get moving on the site upgrade, and we’ll be showing you a possible site design for your input in the next few days. OUr final target is $11,000 for various “buying my time back” types of support, so I can spend more time on things that help provide more information and posts to the community, such as some limited but regular secretarial support and ongoing assistance with Links and research. While volunteers can also be tremendously valuable, having things happen on a regular, routinized basis usually requires a financial outlay. We already have $1,800 toward this goal as of the start of this day.
The goal here is to build a culture where we pay for truth, instead of being lied to for free. Guest posters Bill Black and Philip Pilkington have described why we are engaged in this effort: because ignorance had a high price and in the wake of the crisis, confusion and the dead grip of failed ideology make it hard to discern the outlines of a power structure in crisis. Even Congressman Brad Miller chimed in on Facebook:
This is a fundraising appeal for the blog Naked Capitalism, but Matt Stoller’s description of the control of information about financial issues by the industry is dead on. James Kwak, also a blogger, calls it “cognitive capture”: don’t you want to be one of us sophisticated, serious people, instead of part of the populist rabble?
Here’s what some of you have to say:
After I read your book, I then started reading your blog, and now it’s the first thing I check every day. I even put the juciest stories on my Facebook for my friends to see.
NC is my go-place on the web
I really like your perspective on and critique of economics and the complacent, self-serving puffery of much of modern economics.
Although I must keep my lantern lighted in search of an honest man, I have at last found another honest woman. If I were not happily married, I would propose to you on the spot. Keep up the incredible good work!
I’m overwhelmed by your generosity. There are just two days left, so it’s time to join us as we make sure this site can do an even better job of promoting critical thinking and presenting the unvarnished truth.