Kevin Phillips writes with the passion of a betrayed lover. He was one of the architects of the Republican Sunbelt Strategy. He has seen the results and he is appalled, with good reason. The book is very well researched and Phillips is a avid student of history. He shows the parallels between what is happening in America today with what happened in 15th Century Spain, 17th Century Holland and 19th Century England. All three were, as America is, the pre-eminent world powers of their times. The book is in three parts: the end of oil, the takeover by the religous right of the Republican Party and the shift of America from actually building things the rest of the world will buy to a country that just manipulates money. This last section describes the growing mountain of debt that individuals, financial institutions and the government have accumulated. Phillips says the confluence of these three major themes does not bode well for America.
Oh yes, if you had any doubt the invasion of Iraq was about oil, you won't have any when you've finished the first third of the book.
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