Why is it that the absolute best writing about American politics always seems to come from the Brits? It never ceases to amaze me how some British thinker will seize an American dilemma by the horns (like one of those English 1930′s big game hunters with a 300 lb Serengeti antelope), analyze it, put it in totally bleeping perspective and publish it. Even the best writer in America today is an ex pat Englishman, Christopher Hitchens.
Case in point.
“There’s something curious about the human imagination. Confronted with unprecedented events of unfathomable scale, it seems to find the shocking reality insufficiently interesting and reaches instead for even grander, more cosmic explanations of what’s going on. The financial crisis is precisely that sort of moment. It’s a vast drama, with consequences that will ripple steadily from immediate economic hardship to changes in short-term political fortune to a broad recasting of the way our economies and societies work. But that’s not enough, apparently, for the drama queens and kings of our political and media establishments. Hastily, they’ve constructed a grand historical narrative in the last couple of weeks, composed largely of overarching myths that are in danger of hardening into conventional wisdom. So at the risk of being accused of missing the historical boat, let me try to take a few of them on…:continue with That rubbish they talk about the credit crunch.