Category Archives: June 8 assignment

Collapse of Communism & Victory of Capitalism

This video is from YouTube, and its official name is  “Collapse of the Soviet Union 1991.” It was posted in online in January 23, 2008 by kennedy27126 and under the category of  “NHD Conflict and Compromise.” This video shows that how the Soviet Union brakes into small independent nations at end of the Cold war. Actually this war was between communism vs capitalism. The concept of communism was well established in the Soviet Union, and capitalist countries wanted to demolish the practicing of communism in the powerful nation such as Soviet Union. So the U.S.A and other capitalist countries tried to break the strength of a communist nation, and they were able to break the ties of Soviet nation.

January 23, 2008 — NHD Conflict and Compromise

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LAPD Negligence

http://www.youtube.com/watch?v=ROn_9302UHg

This video shows that LAPD officers beat unarmed Rodney King, a african american riding motocycle in march 1991. The videotape quitely proved racism and police brutality in America and also this event brought Los Angeles riot.

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Centennial Olympic Park bombing

This video was posted in Youtube by logancrawford in May 21, 2007. This video actually is a part of 5 EyeWitness News. The Centennial Olympic Park bombing was a terrorist bombing on July 27, 1996 in Atlanta, Georgia during the 1996 Summer Olympics. Two people died and 111 people were injured.

This event is very important because this event seems like a warning of torrorism. If the United States took this event more seriously and maintained higher national security, maybe such an event like 9/11 would not had happened. This shows how we should pay more attention for those small events and take it seriously so that we can prevent worse thing to be happened in future. Preventing beforehand is definitely better than fixing afterwards.

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Prediciton of the Subprime Crisis in 1999

The Glass-Steagall Act was repealed in 1999. Since the act was repealed, banks could now combine their commercial banking and their investment banking activities. Banks such as Citi and insurance firms like AIG were heavily investing in risky securities such as mortgage back securities and collateralized debt obligations. The mortgage back securities are what fueled the subprime mortgage crisis.
Senator Byron Dorgan was one of the few congressmen to vote against repealing the act. In this video, the senator predicts what will happen if the act is repealed. He correctly predicts the notion of “too big to fail.” This is when a firm gets so large, that its financial troubles will effect the entire United States economy. In order to prevent a financial disaster, this large firm is bailed out by the government. We saw this when AIG and countless other financial institutions were bailed out.

Posted in 1989-2000, Economic History, June 8 assignment | Tagged , , , | 1 Comment

Microsoft

http://www.youtube.com/watch?v=3o5DjLMLfJg

This is a clip of an advertisement for Microsoft in 1996. With its first launch of Microsoft Windows in 1985, it has developed continuously. With invention of Microsoft, the globalization further expanded and brought different changes to not only the United States but other countries as well. It allowed the opposite of worlds to be connected and transfered data in matter of few minutes to even seconds.

This clip is uploaded in youtube by ente75.

Posted in 1989-2000, Cultural History, June 8 assignment | Tagged , , , | 1 Comment

The Collapse of Soviet Empire 1991

This is a video about the fall of “Iron Curtain”, a term described by British Prime minister; Winston Churchill. In the early 1990s, the fall of Soviet Union Empire has startled people from all over the world. The collapse of Soviet Empire was an important historical event during the early 1990s to the United States, because it symbolized the end of the Cold War. During the Cold War, the United States tried and used many methods to help the countries in Europe to prevent the spread of communism . After the collapse of Soviet Empire, it was a big relief for the Americans.

Posted in 1989-2000, June 8 assignment, Political history | Tagged , , , | 2 Comments

Michael Jackson

http://www.youtube.com/watch?v=aWeyLLzyIUw&feature=related

I think that Michael Jackson is certainly very important for the American History. He was born in the time of intense segregation in USA, during Jiw Crow Law, but he made his way up to conquer the world. Michal Jackson broke all cultures and racial barrier. Who doesn’t love Michael Jackson? The world will miss this amazing talent African American forever.

This music was introduced in 1991 and released in 1993 with other hits like “Black or White”.

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Mike Tyson Bites Ear Off

http://www.youtube.com/watch?v=LuA4fLnG0Ig&feature=related

This event was in June, 1997.

Mike Tyson‘s boxing license is suspended for at least a year and he is fined $3 million for biting Evander Holyfield‘s ear in a televised match.

In the interview with Oprah, Tyson said “‘I know I can’t beat you and you don’t have to knock me out this time to beat me.”  When he told Oprah he bit Holyfield because he was pissed off because he was such a great fighter, he couldn’t have been more honest

Tyson was an all time great boxer. I was shocked by his behavior. What a shame!

Posted in 1989-2000, June 8 assignment, Social History | Tagged , , | 2 Comments

Smells Like Teen Spirit

This here is a video of Nirvana’s Smells Like Teen Spirit written by Kurt Cobain, Krist Novoselic and Dave Grohl and produced by Butch Vig.  The song was released on September 10th, 1991.  The song itself starts slow and gradually builds up in tempo and dynamics.  The vocals and screams of Kurt Cobain shows emotion and the angst of the younger generations are portrayed brilliantly in this song.

This video and song is important in American history as it redefined the music industry.  With this song comes the creation of an alternative rock type music called grunge.  This song would shortly become the unofficial anthem for the younger generations known as Generation X.  For those who haven’t heard this song yet I strongly recommend you do.  Take five minutes to enjoy this song.

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The American Recovery and Reinvestment Act of 2009, 787 billion plan

The video shows Barack Obama signing the Recovery Act, an economic stimulus package.

This bill was signed into law on February 17 by President Obama at an economic forum he was hosting in Denver, Colorado.

The main goal of the Act was to bring the country back from recession on a path of recovery; the Act was intended to create jobs and promote consumer spending and investment. It also included federal tax cuts, expansion of unemployment benefits as well as domestic spending in education, health care and infrastructure.

I consider this Act a huge attempt made by the Government to recover the economics of the US, and according to various reports, the stimulus saved about 1.7 million jobs.

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