Friends and Fellow Travelers

 Jack’s Wednesday guest post is actually on Wednesday again – – –

Last night Wendy and I were the guests of an informal book group in Abingdon VA.

As we followed one of the members along the winding road to the house where they were meeting we passed more and more exceedingly imposing residencies and speculated on what might be awaiting us.

However any fears we had were quickly allayed as the rest of the members trickled in. We had forgotten that the group had visited the bookstore earlier in the year, had all bought copies of ‘The Little Bookstore’ and were very well versed in our adventures.

They all came in clutching their copies of the book – each copy with post-it notes sticking out from favorite pages and passages. We were among old friends!

We have often remarked upon how completely different these occasions tend to be. Of course there are book clubs, reading groups, friends of the library groups and writing clubs and they are each bound to have a different focus. We certainly never know exactly what to expect, which is why we tend to be a bit nervous of them. what’s interesting is that I see similarities to my singing career over the years – gigs were often like that too.

Whenever we attend an event we start off by trying to judge what folk want to hear. Will it be writing advice, getting an agent advice, finding a publisher advice, more about Big Stone Gap?

But this was close to being unique – a whole group who had already read the book and visited us in the bookstore. We proceeded to have a really great evening of personal stories, reminiscences, parallel experiences and our own continuing adventures beyond ‘the book’. Unusually, we were even able to open up a bit on some less happy things that were hinted at in ‘The Little Bookstore’ or followed on from its publication. That’s something we would definitely only do in the company of old friends!

To finish, I should say that the evening started with me as the only man in the room, but we were eventually joined by our host’s husband and his name is Moffat – and that’s also the name of a town in Scotland that I visit every two years on my group tour.

Oh – and we ended with some songs!

 

Be Sure your Sins will – – -?

Jack gets to do the Monday book this week –

The Big Short –  Michael Lewis

Of course, the movie is probably just as famous as the book and I’ll have something to say about that later.

Our good friend and financial guru David recommended this to us because he reckoned it was one of the most eye-opening books he’d ever read about the financial shenanigans that led to the great meltdown of 2008. He described it as “really, really frightening” and he should know!

He also said that he saw no evidence that any lessons had been learned since then (except perhaps in Iceland, where they jailed the bankers, changed the banking regulations and turned around their economy in record time).

The book follows the experiences of a number of people who separately stumbled across an enormous flaw in the mortgage market based on a complete lack of oversight by the rating agencies. The folk involved had different motives for pursuing this: some realized they could make enormous amounts of money by betting that the market would crash, while others were more interested in exposing the crooks and getting the banking regulations changed. The book follows these characters as their paths cross and they become aware of each other, ultimately more or less working together. As they variously stumble across ever more blatant disregard for financial common sense among financial professionals who should also have seen what was wrong, they begin to home in on the rating agencies. That’s when they discover that these agencies, supposedly holding the banks to account, are actually in their pockets.

So, what of the movie?

I actually enjoyed it just as much as the book but for different reasons. Of course the movie has to be much shorter and that’s hard to pull off. You need to keep the essentials and be careful what gets cut out. I think, in this case, it was a good idea to not have the author of the book write the screenplay (in fact I think it almost always is.) I recently watched a film that was directed and cast by the author of the book it was based on, and who also wrote the screenplay – it went straight from a limited theater run to the Netflix ‘B list’ with barely a pause.

So, what’s the ‘take away’ from the book? In the case of this reader, a profound belief that human greed will always manage to dress itself in respectable clothes, attend the right Church, give to the most fashionable charities (or start one) and find the most influential politicians to bribe.

Something else I took away – potential move to Iceland – – –