The Best Part of This Week

When I started this blog nearly ten years ago, one of the things I very much wanted to achieve was to have an active and informative comments section. I have no idea how that came about but the caliber of the NC commentariat has greatly exceeded my highest hopes. You correct me, give ideas and information, catch typos (aiee!) and make my work and that of the other bloggers better.

Over the past few years, and especially over this past week, you have shown me that we are actually a community, a group of people who believe together in justice. Individually, you decided to put your resources on the line to make sure that we keep going, grow, and get better, that our words and ideas matter. This is essential, it’s the first step in creating a different society, where we assert our own collective dignity.

Even though we carry on our fight in the realm of ideas, we still have to contend with real world issues, like having to pay bills of all sorts. Many of you have responded generously, with the result that we are at over 1100 donors towards our goal of 1250. Help us meet this target by going to the Tip Jar so you can give by check, or credit or debit card. Remember, your contribution, whether $10, $100, or $1000, helps move us towards our goals, improve our work, and strengthen this community.

Over the next year, I’m excited to work with all of you to continue to puncture the perceived monopoly of wisdom the Very Serious People have over economics and finance. It’s ultimately a collective endeavor to do this because ideas cannot be divorced from the networks of people who carry them. It’s remarkable that we are actually a community, as well as a website, and I’ll be thinking hard about how to make sure we manifest that going forward. We’ve gotten input and encouragement from many of you, and I thought I’d share a few from my inbox this week. I think you’ll be really pleased to see this one from Tony Hunter:

I am running for the Kansas Senate. Part of why I decided to run was this site. If we expect things to change, we all have a responsibility to follow through on the information and analysis provided by Yves and Co. with real world actions.

I am excited about the new names I see contributing and hope to see more. Journalism isn’t dead, it just moved. And good journalism needs to be supported. I chipped in what I can. Keep up the good work!

From Tricia A:

A heartfelt thank you to all at Naked Capitalism. You have been a primary source of my re-education and continuing education about what is going on in the world after being fed so much corporate/government propaganda beginning with childhood textbooks. My children, too, are more knowledgeable, more aware, more skeptical, as well. But also, during times of utter despondency, when the world seems particularly corrupt and hopeless, I find solace at your site, both in the wonderful sarcastic wit of Lambert, and in the feeling of camaraderie with other like-minded, aware people.

From Scott Z:

As you stated in the fundraising appeal, one of the major benefits NC provides is a forum for critical thinking. Democracy needs dialog in order to function, and NC, to me, is like a town hall meeting place. I am personally better prepared to confront the challenges ahead by reading your work.

Looking forward to the work ahead, for all of us.

And Mary A:



If you’ve already given, thanks for sending me the message that this site matters, that we can create leverage in the world from our own corner. If you haven’t, there’s still time (though not that much of it!), so I hope you’ll take a few minutes to visit the Tip Jar and support our ongoing campaign. I guarantee you that in a few years, you will be proud of being a part of building this community. You will have shown that there are parts of this world that believe that integrity and dignity matter.

That’s what you’ve shown me.

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    1. diptherio

      Nah…Yves for SEC chair, or maybe AG…someplace where she could make a real difference. That Prez stuff is just for show.

      1. readerOfTeaLeaves

        diphtherio — Yves as SEC chair is diabolical ;-)))
        I’ll be chuckling over that notion the rest of the day.

      2. Cat's paw

        Oh man, I literally shiver with delight at the thought of Yves in charge of regulatory enforcement…in an alternate and more just universe I’m sure she is.

    1. RickM

      Yes, it is! My circle of stops on the Intertoobz is now more like a trapezoid with NC the major stop, several times a day. I was happy to support this indispensable site again this year, and I will continue to do so indefinitely.

      Keep up the good work!

      Thank you!

  1. Ivy

    Californians should consider NC to be a material influence to improve their economic future, for example via the CalPERS and CalSTRS articles. Elected and appointed officials in all states should be contacted by readers to introduce them to the site.

  2. The Infamous Oregon Lawhobbit

    Let me add that articles (generally relating to Ferguson et. al.) I’ve gleaned from here, thanks to Yves’ and Lambert’s hard work, have gotten me kudos for posting and sharing with the Oregon judges list serve, including questions as to “where do you find time to get all these?” There are apparently a few other regular readers among the group, since my explanation met with understanding. But how they haven’t taken advantage of the kindness of our hosts went unexplained.

    I read through more than just those, but between the home page and the Water Cooler y’all have given me a lot of useful information that I’m making sure gets heard and considered in places where it can possibly do some good.

    Thank you yet again!!!

  3. Mark K

    I’d like to call out a minor thing that delights me nonetheless about NC: Yves’ vocabulary. Her use of the language is always a treat.

  4. 3.14e-9

    I just sent a pathetically small donation, and even that is more than I can afford this month. But I figured that if I could give some of my grocery money to Bernie, I could do the same for NC, which deserves it as much, if not more.

    I am immensely grateful to those in a position to donate hundreds and thousands of dollars to NC and who are generous (and intelligent) enough to do so. You make it possible for people like me to have this invaluable resource, which as others have pointed out, is a refuge of sanity in a mental malfunctioning world.

    Yves, Lambert, and Jerri-Lynn, thank you for your exceptional work, and thanks to the NC community for keeping them going.

  5. Ian

    Thank you. Though I feel ineffectual and attempting to comprehend the reality that we face is often overwhelming, I am a better person for insight that this community shares.

  6. Kulantan

    I suspect that you have already considered and decided against this, but I’ll raise it anyway.

    I’d love a Naked Capitalism forum. The comments here are great and the commenters are fantastic. But the structure of how the comments and posts flow mean that multi-day debates and discussions are hard. It’s also harder to build a community when the discussions are organised by chronology rather than topic and interest level.

    I’m pretty sure that you folk have thought about this and decided that the moderation burden would be too high and that it risks splitting the current commenters. But I can still dream.

  7. Jack Reilly

    Monitoring the financial sector has been my sports page for over a decade now, not only to watch for risk
    to family money, but for trends that lead to overall systemic problems that could effect society in general
    (and yes, I’m a prepper).
    No other site I’ve subscribed to(and eventually unsubscribed from)gives me the succinct information that NC
    does. And the funny thing is, most of the relevant info you find on other sites winds up on NC anyway, so
    why bother with any other financial site?

  8. Michael von Plato

    Your link to your contribution page ( states that, among other methods, you accept Visa. But after filling out the form I get a message that “info is missing” – when in fact none is. Also some other text that seems to insist that PayPal is the ONLY way to pay, and rejects my email address as being the same as my PayPal one, and is therefore unacceptable. I closed my PayPal account years ago.
    Please make it possible for me to sign up for a monthly contribution via Visa!
    And THANK YOU biggly for your good work!

    1. Yves Smith Post author

      I’m sorry but the issues you are having are with PayPal. We explain why we use PayPal here:

      You do need to have a PayPal account in order to use PayPal.

      The only alternative is for us to have a credit card merchant account, and each merchant requires a minimum monthly transaction volume that is well above what we have, along with other charges. It’s not viable for a business as small as ours.

      The Tip Jar tells you how to send a check. I suggest you go that route.

Comments are closed.