Billionaires Toast to Merrill Lynch Underwriting Coal-Fired Power Plants

Fight disinformation: Sign up for the free Mother Jones Daily newsletter and follow the news that matters.


The Billionaires for Coal had a grand old time cavorting outside Merill Lynch in downtown San Francisco yesterday. Toasting with champagne glasses, tossing out one-liners, they sneered at a group of earnest, banner-waving protesters nearby. Just a few pairs of hipster sneakers and some scruffy facial hair poked out from under the Billionaires’ suits, top hats, and cocktail dresses.

“Why travel to the tropics when we can bring the tropics to us?” asked Jodie van Horn. In real life she’s an activist with Rainforest Action Network, but as a Billionaire she goes by Alata Monie. “We’ll convert our winter properties to summer properties, and our summer properties to scuba properties.”

Read the rest of this blog and more on The Blue Marble.

TIME IS RUNNING OUT!

We have an ambitious $350,000 online fundraising goal this month and it's truly crunch time: About 15 percent of our yearly online giving usually comes in during the final week of the year, and in "No Cute Headlines or Manipulative BS," we explain why we simply can't afford to come up short right now.

The bottom line: Corporations and powerful people with deep pockets will never sustain the type of journalism Mother Jones exists to do. And advertising or profit-driven ownership groups will never make time-intensive, in-depth reporting viable.

That's why donations big and small make up 74 percent of our budget this year. There is no backup to keep us going, no alternate revenue source, no secret benefactor. If readers don’t donate, we won’t be here. It's that simple.

And if you can help us out with a donation right now, all online gifts will be matched thanks to an incredibly generous matching gift pledge.

payment methods

TIME IS RUNNING OUT!

We have an ambitious $350,000 online fundraising goal this month and it's truly crunch time: About 15 percent of our yearly online giving usually comes in during the final week of the year, and in "No Cute Headlines or Manipulative BS," we explain why we simply can't afford to come up short right now.

The bottom line: Corporations and powerful people with deep pockets will never sustain the type of journalism Mother Jones exists to do. And advertising or profit-driven ownership groups will never make time-intensive, in-depth reporting viable.

That's why donations big and small make up 74 percent of our budget this year. There is no backup to keep us going, no alternate revenue source, no secret benefactor. If readers don’t donate, we won’t be here. It's that simple.

And if you can help us out with a donation right now, all online gifts will be matched thanks to an incredibly generous matching gift pledge.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate