This Will Probably Not Be a Very Fun Week

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Monika Bauerlein,
CEO

Dear Reader,

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December is make-or-break for Mother Jones’ fundraising, and in "No Cute Headlines or Manipulative BS," we hope that giving it to you as matter-of-fact as we can will work to raise the $350,000 we need to raise this month. Donations make up 74 percent of our budget this year, and all online gifts will be matched and go twice as far until we hit our goal.

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This week’s news to watch for:

Greek talks have broken down and they might be about to leave the euro, causing chaos.
Negotiations with the Iranians have hit a pretty rough patch. There may be no nuclear deal after all.
Puerto Rico has effectively declared bankruptcy.
China’s stock markets, which have been falling already, are off a cliff today. “China’s main stock index entered bear-market territory Monday,” says the Wall Street Journal, “as a surprise interest-rate cut over the weekend failed to lift the market amid concerns over investors’ debt levels, while uncertainty about Greece shook sentiment elsewhere in the region.”
And in non-financial bad news, the Supreme Court has a couple of important cases coming up this week. The smart money suggests that the liberal run of good luck in the high court may be over. Fasten your seat belts.

POSTSCRIPT: It’s already happening. The Court has just upheld lethal injection procedures for executing death-row inmates and has struck down EPA rules on toxic emissions. On the brighter side, they ruled that independent commissions can draw district lines. So liberals are 1-2 so far this week.