"So How Scared Should We Be?"

Kevin Phillips' grim new book, "American Theocracy: The Peril and Politics of Radical Religion, Oil, and Borrowed Money in the 21st Century," puts the country's degeneration into historical perspective, and that perspective is not conducive to optimism. The title is a bit misleading, because only the middle section of the book, which is divided into thirds, deals with the religious right. The first part, "Oil and American Supremacy," is about America's prospects as oil becomes scarcer and more expensive, and the last third, "Borrowed Prosperity," is about America's unsustainable debt.