Hey, Auteurs/Luke Haines fans...which band is the song American Guitars about?

They were failing dutifully
If you're going to fail at all
Failing came more easily
Than it did to us all
And I wanted to be there
See them begin
It was easy to see they were
The best band to be in
I gave up drugging
When you spiked my drink
Stopped freeloading
When I could not get in
I gave up singing
When I was told
I could not dance
Knew my place in the world
When I heard them start

Woke up Sunday morning
With a hole
the size of my pool
Couldn't believe
I'd grown so ugly
Couldn't believe
I'd been so cruel
I should have set back
Thought about their past
East coast to west coast
How they'd struggled
for their art

Some people
were born to write
Some people
were born to dance
Thought I knew
my place in the world
Thought I knew my art
Glad to be there, see them begin
It was easy to see
They were the best band to be in