That memorable line from the old Laurel and Hardy movies, when the exasperated Oliver Hardy berates the befuddled Stan Laurel for getting the pair into yet another fine mess, is what I have to say to our soon-to-be-ex-President Bush, another befuddled fool. "Bushie", as First Lady Laura Bush calls him, appeared recently at Thanksgiving in a televised interview from Camp David. When asked if he felt any responsibility for the current worldwide financial collapse, Bushie prevaricated, and incredibly tried to blame the entire mess on his predecessors.
"Denial" is not a river in Egypt, but it does run wide and deep through Washington, D.C.,
from George Bush’s "Stan" to Barney Frank’s "Ollie".
How DID we get into this incredible mess? One very prescient author saw all of this coming back in 2005…and by "all", I mean the oil price spikes, debt crisis, financial markets collapse…all of it. "AMERICAN THEOCRACY" by Kevin Phillips is my book recommendation for your holiday reading.
Kevin Phillips used to be a senior political advisor in the Nixon White House, but his Republican credentials don’t prevent him from telling the "truth, the whole truth and nothing but the truth" in this stunning expose of Big Oil’s 100-year-long stranglehold on the US government, of the Bush Family’s three-generation-long role in this strangulation, of the "business of America" really being debt, and of the surprising role that religious fanaticism has played in the current worldwide financial apocalypse. This 2005 book is a real eye-opener. After reading it cover to cover twice, I finally "see the light". As actor Peter Finch said in another memorable movie line (from "Network"): "I’m mad as hell…and I’m not going to take it anymore!"
You can probably find "AMERICAN THEOCRACY" by Kevin Phillips at your local library, find a copy in the deep-discount bin at Border’s Books, or you can order your own new or used copy at Amazon.com for a few dollars by clicking on the following link:
Watch a VERY interesting interview (in 3 parts) of Kevin Phillips by Bill Moyers from September 2008 about Phillips’ newest book "BAD MONEY", which specifically deals with the financial sector of our economy and the on-going collapse of the world financial markets: