Thanks to the backing of many loyal readers, we’re getting close to our targets. We’re at 1318 donations, nearing our new target of 1500. And at $32,880, we are closing in on our final fundraiser target of $45,000 for original reporting.
We know from experience that many of you are busy and like the discipline of deadlines. Please take up this last chance of this 2024 fundraiser to invest in the Naked Capitalism community through the donations page!
There’s still time to catch the final push. We are still behind on both our big targets. Our average donation size is higher than last year (hooray!), but our number of donations is down. We suspect that is a combination of inflation pinching some budgets and reader churn due to our not-Israel-sympathetic coverage of the war in Gaza.
If you are addicted to our daily super-sized Links, Lambert’s relentless political and Covid coverage, Nick’s focus on digital currencies and Latin America, Conor’s wide-ranging geopolitical and economic takes, KLG exposing not exactly scientific science, Yves covering the slow motion decline of the Western order, with Ukraine and Gaze wars and US working against the interest of its lackeys allies as examples, plus adorable critters, please go straight to the Tip Jar! Dig deep to keep this feisty enterprise punching above its weight!
Please take a couple of minutes to visit our fundraiser page to chip in for another year of incisive analysis, world-ranging news recaps twice a day, provocative and often witty discussions, and your daily dose of soothing beastie pix.
Remember, every donation now goes to original reporting. The fundraiser ends tonight at midnight PDT.
Will you help make this fundraiser a big success? Give now, and give generously through our fundraiser page. Remember, if you help us beat our goals, that means we can do even more on your behalf!
We’ve deeply appreciated not only the many donations we’ve gotten, but also the kind notes from readers. From JohnnyGL:
Yes, I’ve been here since late 2007. I generally don’t comment that much. I’ve got a job and kids and other crap to do. However, I can tell you that Yves had a grip on what was going on that you couldn’t get anywhere else. I’d just started a new job at a big bank at the time and we got pulled in on a conference call with our Money Center desk that they could not get a hold of short term T-bills for our clients. For me, I had to ask, “why on earth can’t we we get T-bills?”
Only Yves Smith had a coherent explanation. She said, across a number of detailed, explanatory posts “because no one trusts each other anymore because of counterparty risk and you don’t have counterparty risk with the US Treasury, because they print US Dollars.”
Me: “But, why don’t counterparties trust each other anymore?”
Yves: “Because no one know who’s stuck holding all the worthless subprime debt, and they don’t want to take a risk.”
At that point, I realized I was reading a blog from an analyst that knew how to cut through the bullshit at crucial moments. And, more importantly, an analyst that could tell you when a crucial moment was upon us. Yeah, sure, Yves/Lambert aren’t right about everything, all the time. But, you’re not here for 100% accuracy. You’re here for a group of people (cultivated and nurtured by Yves and Lambert) that genuinely use their brains and try to grasp WTF is going on with the world at a given moment, and we’re prepared to cite our sources, and recognize their limitations, as you can see from the commentary above.
And Jim L:
Your site is invaluable.
I hope this finds you in good health, in fighting trim, and able to keep up the good fight for years to come.
And Lunker Walleye:
Yes, many thanks to the NC stalwarts who are bringing us so much useful information and for equally great comments.
We’re coming up on the last chance for the 2024 fundraiser. You can give through our fundraiser page, where you can use a credit or debit card or a PayPal account (the charge will be in the name of Aurora Advisors).
You can also send a check (we like checks!) in the name of Aurora Advisors Incorporated to
Aurora Advisors Incorporated
PO Box 110105
Brooklyn, NY 11211-0105
Please also send an e-mail to yves@nakedcapitalism.com with the headline “Check is in the mail” (and the $ en route in the message) to have your contribution included in the total number of donations.
Give now to Naked Capitalism. Whatever you can provide, whether $5 or $50 or $5,000, it helps us all keep this community vibrant. This isn’t just a donation. You making a statement that you want a different debate, a different society, and a different culture. It’s time to join us as we make sure this site can do an even better job of marshaling our energies to take on the lies that prop up a diseased power structure and promote a more just social order.
_____
A few readers have had correctly addressed envelopes with checks returned. We are very very sorry! We had Our Man in Brooklyn go to what turns out to be the pretty lousy Post Office where we have our P.O. box (he has found two of the five staffers there to have no idea about much of anything) and escalated to get our problem fixed. So hopefully we will have smooth swimming now.
