AP U.S. History
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How Does Our Economic Future Compare with That of 2008? A Glimpse at America’s Road to Recovery

How Does Our Economic Future Compare with That of 2008? A Glimpse at America’s Road to Recovery | AP U.S. History | Scoop.it
As Americans prepare to cast their ballots in the presidential election, many voters are pausing to assess the state of the economy. In this month’s employment analysis, The Hamilton Project's Michael Greenstone and Adam Looney explore whether America’s economic future looks brighter today than it did four years ago, finding that the data indicate it in fact does.
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Lest We Forget: Why We Had A Financial Crisis

Lest We Forget: Why We Had A Financial Crisis | AP U.S. History | Scoop.it
When a true genius appears in the world you may know him by this infallible sign, that the dunces are all in confederacy against him. Jonathan Swift It is clear to anyone who has studied the financial crisis of 2008 that the private sector’s drive for short-term profit was behind it. More [...]
Jake Schlack's insight:

What would Shirley Bassey do?

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What is the Dodd-Frank Act? How does it affect me?

What is the Dodd-Frank Act? How does it affect me? | AP U.S. History | Scoop.it
The Dodd-Frank Wall Street Reform and Consumer Protection Act is a massive piece of financial reform legislation passed by the Obama administration in 2010 as a response to the financial crisis of 2008. The act's numerous provisions, spelled out over thousands of pages, are scheduled to be implemented over a period of several years and are intended to decrease various risks in the U.S.
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Noah Marger's curator insight, May 6, 2014 12:54 PM

Cool Video I found on Jake's scoop it. Explains a key piece of the aftermath of the latest recession. 

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FRB: FOMC: Transcripts and Other Historical Materials, 2008

The Federal Reserve Board of Governors in Washington DC.
Jake Schlack's insight:

The actual words of the Federal Reserve as the world crumbled around them!

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How a Bubble Stayed Under the Radar - New York Times

How a Bubble Stayed Under the Radar - New York Times | AP U.S. History | Scoop.it
If people do not see any risk, and see only the prospect of outsized investment returns, they will pursue those returns with disregard for the risks.
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For Stocks, Worst Single-Day Drop in Two Decades

For Stocks, Worst Single-Day Drop in Two Decades | AP U.S. History | Scoop.it
Over a trillion dollars vanished from Wall Street on Monday, the blackest day since the 1987 stock market crash.
Jake Schlack's insight:

The day the earth stood still.

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Transcript - President Bush’s Speech to the Nation on the Economic Crisis - Text - NYTimes.com

Following is a transcript of President Bush’s address to the nation Wednesday evening, as recorded by by CQ Transcriptions.
Jake Schlack's insight:

Bush does it again.

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Treatment and Prevention: Ending the Great Recession and Ensuring that It Doesn’t Happen Again | The White House

Treatment and Prevention: Ending the Great Recession and Ensuring that It Doesn’t Happen Again | The White House | AP U.S. History | Scoop.it
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Transcript: President Obama, Part 2

Transcript: President Obama, Part 2 | AP U.S. History | Scoop.it
Transcript Of Steve Kroft's March 20 Interview With President Barack Obama
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PERI: : Capitalism, Crisis and Class: The U.S. Economy after the 2007-2008 Financial Crisis

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Fed Misread Crisis in 2008, Records Show

Fed Misread Crisis in 2008, Records Show | AP U.S. History | Scoop.it
The transcripts provide new insights into the debates, miscalculations and actions of the Federal Reserve in assessing and countering the financial crisis.
Jake Schlack's insight:

Also read: http://www.nytimes.com/interactive/2014/02/21/business/federal-reserve-2008-transcripts.html

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FinancialCrisis5Yr_vFINAL.pdf

Jake Schlack's insight:

The government's side of the story. Also check: http://www.treasury.gov/connect/blog/Pages/The-Financial-Crisis-Five-Years-Later.aspx

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CNNMoney.com Market Report - Oct. 9, 2007

Stocks rallied Tuesday afternoon after the minutes from the last Federal Reserve meeting showed the bankers were unanimous in their decision to cut interest rates - and that they would be willing to cut rates further, if needed.
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President Bush Addresses Nation on Economic Crisis - YouTube

President Bush national address, September 24, 2008
Jake Schlack's insight:

Bush does it again.

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