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Here are the headlines that have greeted me in my first few minutes of consciousness this morning:

American Airlines files for bankruptcy as losses mount

States face a crushing economic outlook, fiscal survey says

Home Prices Decline

Businesses Scramble as Credit Tightens Across Europe

‘I fear German power less than I am beginning to fear German inactivity’

Militants Turn to Death Squads in Afghanistan

Radiation covers 8pc of Japan

On the bright side, Facebook seems to believe that it’s worth $100 billion. That’s good news for about 500 shareholders, anyway.

I shall now go to the breakfast table and see if I can do something about my blood sugar level. Maybe things won’t all seem so bad when I get back.

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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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