Very Recent History: An Entirely Factual Account of a Year (C. AD 2009) in a Large City

Very Recent History: An Entirely Factual Account of a Year (C. AD 2009) in a Large City by Choire Sicha Page B

Book: Very Recent History: An Entirely Factual Account of a Year (C. AD 2009) in a Large City by Choire Sicha Read Free Book Online
Authors: Choire Sicha
Tags: General, Social Science, Sociology, Popular Culture
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good times can’t go on forever. . . .
     Some of our largest employers and most established companies are in turmoil—and others
     don’t even exist anymore. . . . We may well be on the verge of a meltdown, and it’s
     up to us to rise to the occasion. . . .
    As our economic situation has become increasingly unstable, the question for me has
     become far less about the theoretical and much more about the practical. And so, to
     put it in very practical terms, handling this financial crisis while strengthening
     essential services such as education and public safety is a challenge I want to take
     on for the people. . . .
    On the same day, the head of the City Council came out and said that they would be
     introducing legislation to repeal the two-term limit law, which meant that the Mayor
     would be clear to run for office for a third time. She said that the decision would
     be made in a week. “The Mayor has made very clear that he wants the City Council to
     consider legislation that will extend term limits from eight to twelve years. We will
     obviously do that. Each person will have to stand up and vote yes or no,” she said.
     This did not make a whole lot of sense on the face of it. The people of the City had
     voted twice, as a group, to not allow mayors to serve more than two terms. But then
     the Mayor had “made very clear” what he wanted, and he was used to getting what he
     wanted.
    Two of the City’s living previous mayors came forward to endorse the Mayor for this
     third term. The other did not.
    JOHN’S BOSS CALLED all of the staff into the conference room. It was a bright white room. He was going
     to quit, Thomas said. He couldn’t protect them from the owner anymore, he said.
    “Are you leaving us for another woman?” one woman asked.
    He didn’t want anyone talking about this in public, he said. “If anyone leaks this
     before we’re willing to announce this, I’m going to be bullshit,” he said. Everyone
     looked around at each other in the white room. He meant “batshit,” everyone realized.
     “Bullshit” meant something that was aggressively false. “Batshit” meant crazily angry.
    Right before he’d come into the meeting, Thomas had taken a phone call from a woman
     with a website. “I can’t talk to you right now!” he’d said to her. “I’m about to go
     into a meeting and announce that I’m quitting!”
    And so while they were in the meeting, she’d written about this on her website. So
     when everyone eventually stumbled out of the conference room, it was already done
     and everyone knew, thereby, at least, putting no one in the awkward position of having
     to tell people themselves.
    TWELVE YEARS BEFORE John was born, the country renounced a policy that tied its paper currency to actual
     reserves of gold. The country had maintained a set price for gold—thirty-five dollars
     an ounce, which is what citizens were paid in exchange for the gold that they were,
     for a time, no longer allowed to own. Other countries held their own currencies tied
     to an exchange rate of the country’s “dollar.” A good chunk of the powerful world
     was in league—briefly.
    The name “dollar”—the name for a currency unit equal to one—supposedly came about
     from the “thaler,” a currency name dating from another continent, hundreds of years
     ago. The dollar coin was first defined as twentysomething grams of pure silver, according
     to a statesman ages ago; that amount of silver, however, was reduced twice and then,
     eventually, no silver at all was put into silver dollar coins.
    While the coins were made of silver, the paper version of the dollar represented gold.
     But soon, the government had many more “dollars” in the world than it had gold. To
     pay some debts, it made a great deal many more “dollars.” And then: The countries
     in league with the U.S. currencies demanded that their debts be redeemed in actual
     gold instead of some paper that

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