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Felix Salmon isn’t too impressed with any of the three main candidates to replace Larry Summers as head of the NEC. Roger Altman and Richard Levin both have substantial ties to Wall Street, and then:

Finally there’s Sperling, who in some ways is the worst of the three when it comes to grubbing money from Wall Street. The other two have well-defined and easily-understood jobs; Sperling, by contrast, signed up with the Harry Walker Agency and started giving speeches to anybody with cash, including not only Citigroup but even Allen Stanford. He also wrote a monthly 900-word column for Bloomberg for $137,500 a year, which works out at about $13 per word.

This really brings things home to a scribbler like me. Being paid a million bucks a year for some kind of ill-defined financial “consulting” is one thing. I don’t really know anything about what that entails. But writing? I know all about that, and $11,000 for an op-ed is a wee bit excessive, no? At least, it is if it’s really just the writing you’re paying for.

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We've never been very good at being conservative.

And usually, that serves us well in doing the ambitious, hard-hitting journalism that you turn to Mother Jones for. But it also means we can't afford to come up short when it comes to scratching together the funds it takes to keep our team firing on all cylinders, and the truth is, we finished our budgeting cycle on June 30 about $100,000 short of our online goal.

This is no time to come up short. It's time to fight like hell, as our namesake would tell us to do, for a democracy where minority rule cannot impose an extreme agenda, where facts matter, and where accountability has a chance at the polls and in the press. If you value our reporting and you can right now, please help us dig out of the $100,000 hole we're starting our new budgeting cycle in with an always-needed and always-appreciated donation today.

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