Every generation embraces its own distinct myths and legends. The younger population, often lacking past experiences, may easily adopt these popular tales, regardless of how irrational they may seem. Conversely, the older generation might cling to outdated beliefs shaped by a reality that no longer exists.
As Hunter S. Thompson noted in *The Great Shark Hunt* nearly four decades ago, “Myths and legends die hard in America.” This observation remains true today. The country is rife with myths and legends that will eventually fade away. Among them are:
The notion that U.S. Treasuries are the safest, default-free investment available. The belief in American exceptionalism. The idea that individuals can live at the expense of their neighbors. The misconception that the President directs the nation. The myth that bundling prime and subprime loans into collateralized debt obligations and rating them AAA eliminates risk, and so on.
Additionally, consider the legend that the U.S. Constitution is the highest law of the land. The belief that social media companies serve any purpose beyond data harvesting. The idea that more money equates to more wealth. The myth that strength justifies actions. The legend that anyone can amass riches by investing in S&P 500 index funds, and the list goes on.
Of course, myths and legends aren’t exclusive to America. Throughout history, people in various cultures have collectively embraced misconceptions. Even Pre-Columbian America shared its own storied traditions.
Tahquitz Peak
In Cahuilla Native American folklore, the San Jacinto Mountains in Southern California are said to be home to an evil spirit named Tahquitz. According to the tales, Mukat, the creator of all things, once crafted Tahquitz and designated him the first shaman. Over time, however, Tahquitz transitioned from a benevolent guardian of shamans to a source of harm for the Cahuilla People, leading to his banishment into a cave beneath what is now known as Tahquitz Peak.
The legend suggests that his spirit continues to dwell in these mountains. On certain nights, it’s said one might see a large green fireball racing across the sky or hear low rumblings echoing from deep within the mountains.
We recount this legend for a purpose. Today, we find ourselves at the base of Tahquitz Peak, which rises nearly 9,000 feet above sea level. Our mission is straightforward: we are searching for answers—and perhaps a glimpse of that remarkable green fireball—on your behalf.
Tahquitz Peak
In this mountainous valley beneath Tahquitz Peak, the early spring dusk stretches a bit longer. The sunlight filters through towering pines and fragrant cedars, illuminating the charming village of Idyllwild. We take deep breaths, allowing time to slow alongside the gentle flow of Strawberry Creek winding through the town.
Searching for Tahquitz
From this tranquil vantage point, a welcome reprieve from the bustling Los Angeles Basin, we gain not only fresh air but also fresh perspectives. The essence of the San Jacinto Mountains carries a foreboding message: “Change is in the air,” a warning from Saint Jack.
However, the change Saint Jack foresees is not one driven by rational choice. Instead, it is a shift forced by a century’s worth of misguided decisions—choices that have now accumulated beyond the point of viable solutions.
America’s myths and legends have set it at odds with both the natural world and political realities. Each day unveils unfavorable truths, yet the more they surface, the more destructive the psychosis emanating from Washington D.C. seems to grow.
For instance, as the complexities of debt grow increasingly overwhelming, public and private debt levels escalate. Concurrently, as the American military becomes overstretched with 800 bases scattered across 80 countries, the drumbeats for an epic military misadventure echo louder, reminiscent of a potential World War III.
What kind of nation aligns so readily with the reckless pursuit of state-sponsored collapse? It seems likely that the conclusion of America’s current predicament will be disheartening. The aftermath will likely be equally grim.
We kicked a few rocks, listened carefully, and looked intently. Although Saint Jack’s warning was ample motivation, we were genuinely hoping for a sign from Tahquitz.
Regrettably, no distant rumblings emerged from the heart of the mountain. As the sun dipped below the horizon and the stars brightened in the crisp night air, we experienced yet another disappointment. We squinted into the darkness, waiting patiently and with good intentions, but no giant green fireball blazed across the sky.
Could it be that the tale of Tahquitz and the myth of its malevolent spirit residing deep within the San Jacinto mountains are nothing but a fabrication?
Perhaps. Yet we are convinced that whatever world birthed this legend was as tangible as a credit default swap in 2008. Then, just like that, it vanished.
Sincerely,
MN Gordon
for Economic Prism
Return from Searching for Tahquitz to Mention to Economic Prism
