Twelve Terrible Things by Marty Kelley.

From the initial warning about the horrible things in the book all the way to the triumphant end, this book is immense fun, though terrible.  Each double-page spread shows a terrible thing from a first-person point of view.  It is your ice cream that has fallen on the ground, your dentist moving towards your mouth, and even you who is the new student in a crowded classroom. 

Children of all ages will see their own fears reflected here with unflinching realism and great style.  Each illustration has a quirky feel to it, a glee about the terribleness of the page that makes children feel a rush of it themselves. 

Perfect to read aloud to a class, children will automatically start their own list of terrible things.  Though there are few words on each page, this book will work best with children who are slightly older:  ages 5-8.