5.0 out of 5 stars Compelling Narrative–Could the Book Tour Spark a Revolution?, September 11, 2012
EDIT of 12 Sep 2012: I spent the night thinking about this book. Directly below [and now also loaded as a graphic to this Amazon page] are a graphic showing the preconditions of revolution in the USA, and the short paper on revolution from which the graphic was drawn Here’s the deal: ample preconditions exist for a public overthrow of the two-party tyranny, but a precipitant (such as the fruit seller in Tunisia) has not occurred. Even though 18 veterans commit suicide day after day after day, this is hushed up. Occupy blew it–they should have occupied the home offices of every Senator and Representative and demanded the one thing Congress could deliver that would energize the public: the Electoral Reform Act of 2012. This book by Hendrick Smith, and the book tour, could be a first step toward mobilizing a complacent public. [search for phrases below to get right to them]. Don’t miss all three graphics above with the cover.
Graphic: Preconditions of Revolution in the USA Today
1992 MCU Thinking About Revolution
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I received this book as a gift today (I am unemployed and can no longer afford to buy books very often), and a most welcome gift it was. The author’s earlier books were in my library, now resting peacefully at George Mason University, and I was quite interested in seeing what he makes of the mess we are in.
The book is a solid five. I would have liked to see a great deal more outrage, a lot more calling of a spade a spade (abject corruption on the part of all concerned), but that is me. The author has created a very compelling narrative that manages to avoid offending anyone in particular, and I can only feel inadequate in admiration for his balance. If I were to re-write this book, most readers over 40 would be dead of a heart attack by chapter four. On second thought, not killing the reader with truth may have its own special merits!
I’ve written quite a bit about the financial crisis, and God knows I’ve read nearly every book on the subject, and I have no hesitation in saying that if there is one book that gets it whole, and gets it right, and is THE book for the intelligent, thoughtful reader to turn to, it is ECONNED. This is not an anecdotal recitation of deal gossip (like, for example, Sorkin’s book); it’s not “source-based” journalism reflective of the way certain participants in the dire events that unfolded in 2007-2009 wish themselves to be seen. It lays out, in what is easily as clear, as direct, as smart and with as much force of fact as any financial writing today how exactly the fun and games that have nearly wrecked our economy and the lives of so many of us went down. Yves Smith is, unlike so many other writers feeding off the crisis, writing about it from the inside: with an unfailing grasp of where the details (where the devil lurks) fit into the larger pattern of financial perfidy and destruction, in this Doomsday Machine that Wall Street put together. The intelligent reader will understand that if you want to know why you’re suffering from acute ptomaine, you have to understand what went into the sausage you got it from. And then you have to be made to see plain the kind of restaurant or market that serves up this toxic offal. And then the regulatory failures that allow such places to be licensed. We have undergone one of the great crises in this nation’s history. It needs to be seen plain and understood. Deadline-driven blahblahblah won’t get the job done. But ECONNED does. I cannot recommend it highly enough.