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So: Gawker. The general reaction of the press to the revelation that billionaire Peter Thiel has been behind the libel suit against Gawker all along has been close to unanimous: it’s bad. The generally accepted storyline is that Thiel was pissed off at Gawker for outing him as gay many years ago, and has been plotting revenge ever since. His deep pockets pretty much ensured that eventually he’d be able to sue them into oblivion, and sure enough, he has.

But do we really want a world in which angry billionaires who don’t like the press they get can use their riches to put news organizations out of business? They don’t even have to win. Just file enough lawsuits that meet the bare minimum standard to keep from being frivolous, and eventually they’ll win. Now that Thiel has proven the concept, we can expect a lot more of this. See Felix Salmon for a good precis of this argument.

However, there’s another point of view. John Hempton expresses it eloquently:

Ryan Holiday makes a pretty good case for the odiousness of Gawker here. Nick Denton, the owner of Gawker, more or less responds that Thiel should just suck it up. This kind of shit gets published all the time in places like New York and Washington DC. Why shouldn’t Silicon Valley have to put up with it too?

What to think? Here’s the problem: I don’t read Gawker. I’ve been on their site once in a while, and generally find it boring. I click on things here and there, and mostly find writers desperately trying to bring some snark to a topic that’s really kind of dull. So I go away for a year or so before something happens to bring me back.

So here’s what I need: a Gawker-style listicle that sets out, say, the ten most loathsome things Gawker has done. Does anyone know where I can find something like that?

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WE'LL BE BLUNT

It is astonishingly hard keeping a newsroom afloat these days, and we need to raise $253,000 in online donations quickly, by October 7.

The short of it: Last year, we had to cut $1 million from our budget so we could have any chance of breaking even by the time our fiscal year ended in June. And despite a huge rally from so many of you leading up to the deadline, we still came up a bit short on the whole. We can’t let that happen again. We have no wiggle room to begin with, and now we have a hole to dig out of.

Readers also told us to just give it to you straight when we need to ask for your support, and seeing how matter-of-factly explaining our inner workings, our challenges and finances, can bring more of you in has been a real silver lining. So our online membership lead, Brian, lays it all out for you in his personal, insider account (that literally puts his skin in the game!) of how urgent things are right now.

The upshot: Being able to rally $253,000 in donations over these next few weeks is vitally important simply because it is the number that keeps us right on track, helping make sure we don't end up with a bigger gap than can be filled again, helping us avoid any significant (and knowable) cash-flow crunches for now. We used to be more nonchalant about coming up short this time of year, thinking we can make it by the time June rolls around. Not anymore.

Because the in-depth journalism on underreported beats and unique perspectives on the daily news you turn to Mother Jones for is only possible because readers fund us. Corporations and powerful people with deep pockets will never sustain the type of journalism we exist to do. The only investors who won’t let independent, investigative journalism down are the people who actually care about its future—you.

And we need readers to show up for us big time—again.

Getting just 10 percent of the people who care enough about our work to be reading this blurb to part with a few bucks would be utterly transformative for us, and that's very much what we need to keep charging hard in this financially uncertain, high-stakes year.

If you can right now, please support the journalism you get from Mother Jones with a donation at whatever amount works for you. And please do it now, before you move on to whatever you're about to do next and think maybe you'll get to it later, because every gift matters and we really need to see a strong response if we're going to raise the $253,000 we need in less than three weeks.

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