The Coming Economic Disaster


| 7/26/2011 1:01:45 PM


Tags: economy, debt, debt-limit, Tea Party Republicans, the United States, the European Union, China, recession, Greece, politics, TomDispatch, Mike Davis,

Crashed_sports_car 

This article originally appeared at TomDispatch 

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When my old gang and I were 14 or 15 years old, many centuries ago, we yearned for immortality in the fiery wreck of a bitchin' '40 Ford or '57 Chevy.  Our J.K. Rowling was Henry Felsen, the ex-Marine who wrote the bestselling masterpieces Hot Rod (1950), Street Rod (1953), and Crash Club (1958).

Officially, his books -- highly praised by the National Safety Council -- were deterrents, meant to scare my generation straight with huge dollops of teenage gore.  In fact, he was our asphalt Homer, exalting doomed teenage heroes and inviting us to emulate their legend.

One of his books ends with an apocalyptic collision at a crossroads that more or less wipes out the entire graduating class of a small Iowa town.  We loved this passage so much that we used to read it aloud to each other.

thomas tierney
7/31/2011 11:28:00 AM

The American Inigma: I like and respect your country in so many ways,but am also confused and exasperated by some of your citizens.As you struggle through a financial problem ,not brought on bye lack of resources,but political retoric.Your constitution begins" We The People", my confussion stems from,your definition of "WE".Thev word Socalizim,has replaced " Social Concious" in the vocabullary of many. You are a great Country and I wish you a sincere "get well soon". A friendly Neighbor


photog
7/27/2011 10:21:51 AM

Brilliant and clearly written.