We are two and a half hours away from the end of our fundraiser. In just the last two hours, we’ve gotten quite a few generous donations, as in several $200, $150, and $100 contributions,) as well as a lot of $10 and $25 donations. It’s particularly gratifying to get support from readers we know from comments as well as fellow writers/bloggers (for instance, Susie Madrak gave in the last two hours).
Read more...Only four hours remain in the Naked Capitalism fundraiser. Show your support of critical thinking, merciless evisceration of lame punditry, deep diving into turbid financial waters, and cute animal pictures.
Read more...The Naked Capitalism community has spoken loudly and clearly. You’ve said you want this site to be more effective and you’ve been willing to provide tangible backing for your desire to have us demystify finance, call out chicanery in high places, parse propaganda, and in our small way, help promote the creation of a more just society.
We’re close to both our donor and financial targets.
Read more...Thanks to your generous and speedy responses, we’ve met our first four targets: upgrading site support and hosting (which should lead to faster loading times and quicker resolution of reader problems), nice ex-post facto honoraria to our loyal guest bloggers, travel/conference expenses and coverage, and vacation and partial weekend coverage. Let me stress again that these are all things that your donations have and continue to make possible. And at 827 donors, we’re over 80% of the way to our goal of 1000 contributors for this fundraiser.
Our fifth goal is hiring an intern.
Read more...By Cathy O’Neil, a data scientist and member of the Occupy Wall Street Alternative Banking Group who blogs at mathbabe
Being a quantitative, experiment-minded person, I’ve decided to go about helping Yves Smith raise funds for Naked Capitalism using the scientific approach.
Read more...By Harry Shearer, satirist, author, filmmaker and host of Le Show
I don’t even remember now how I don’t even remember now how I first came upon Naked Capitalism. What I do know is that, in the welter of myth and theology that passes for the preponderance of public discussion of economic issues, this site has been a beacon of fact, empiricism and skeptical reporting.
Read more...I was humbled by this comment yesterday on Bill Black’s post on our fundraiser:
Read more...Thanks to your generous and speedy responses, we’ve met our first three targets: upgrading site support and hosting (which should lead to faster loading times and quicker resolution of reader problems), nice ex-post facto honoraria to our loyal guest bloggers, and travel/conference expenses and coverage. And we are more than half way towards our goal of 1000 contributors for this fundraiser.
Read more...By Bill Black, the author of The Best Way to Rob a Bank is to Own One and an associate professor of economics and law at the University of Missouri-Kansas City
My name is Bill Black, and I have dedicated my career to the study and prosecution of massive control frauds. As such, I have come into contact with many of the policymakers and thinkers criticized here on Naked Capitalism. And I can tell you that if you want to change the corroded thinking in the high halls of power, you should join those of us who have given to Naked Capitalism this year.
Read more...Dear readers, if you are a weekday only reader and sensibly were off the grid yesterday, please visit our kickoff post where we tell you what we hope to accomplish with our fundraiser and how to contribute.
I really appreciate the speedy and generous responses. It has been distracting, in a good way, to see all the PayPal notifications, “Check is in the mail” messages (the kickoff post gives you the sordid details), and kind comments on Neil Barofsky’s endorsement.
Read more...By Neil Barofsky, Adjunct Professor of Law and Senior Research Fellow at NYU Law School, former Special Inspector General of the Troubled Assets Relief Program, and author of Bailout: An Inside Account of How Washington Abandoned Main Street While Rescuing Wall Street
I first became acquainted with Naked Capitalism while I was still at Treasury as the Special Inspector General for the Troubled Asset Relief Program.
Read more...Regular readers may recall we suspended our 2012 fundraiser, which started right before Hurricane Sandy. We want to express our deep appreciation to those of you who have donated thus far.
Many of the things we talked about when we launched our first fundraiser last year are still true: the elites, who have shown little regard for how their misrule has hurt ordinary citizens, still have a firm grasp on the reins of power. The global financial crisis imposed tremendous costs on investors and society at large, via unemployment, a housing bust, plunging tax revenues, cuts in government services and increasing political discord. No one in a position of influence before the crisis has been punished or even suffered much. In fact, as Matt Stoller has pointed out, the rich became even richer, with 93% of the gains in income under Obama going to the top 1%.
So it isn’t surprising that what passes for leadership in the US is gearing up to provide us with more of the same, since it has worked out so well for them.
Read more...Hurricane Sandy continues to look like it will be a very serious event. So I’m suspending the fundraiser for now and will resume it after the election.
Read more...Last year, around this time, NC held its first fundraiser. You helped show that Naked Capitalism was a valuable place for honest discourse, a corner of the world where we could peer into the abyss, together. It worked. Your generosity helped us upgrade the site’s infrastructure, bring in a series of guest bloggers, and in a host of ways large and small, aid us in ruthlessly describing the destructive impact of growing power of elite finance in the US and abroad.
As we move toward the elections, I’m going to ask all of you to join me once again.
Read more...Bill Moyers was taken enough with his chat with former SIGTARP chief Neil Barofsky that he’s having two segments with him.
Read more...