02/9/11

THE Scandal: Watergate Scandal

The Watergate Scandal left a new impression of government, government officials and in specific President Nixon. This was an eye opener for both Americans and political elites that no one, including the President is allowed to breach laws. This event marked the beginning of new laws which made it important to disclose finances by government officials.

02/8/11

The Federal Reserve

The Federal Reserve was created in 1913 and is the central banking system of the United States.  It is a private institution run by Ben Bernanke, who is responsible to monitor the nation’s monetary policy, maintain the stability of the US financial system, regulate banks, and provide financial services to banks, the U.S. government, and foreign Governments and banks when required.

The Federal Reserve was created in 1913 and is the central banking system of the United States.  It is a private institution run by Ben Bernanke, who is responsible to monitor the nation’s monetary policy, maintain the stability of the US financial system, regulate banks, and provide financial services to banks, the U.S. government, and foreign Governments and banks when required.The Federal Reserve was created in 1913 and is the central banking system of the United States.  It is a private institution run by Ben Bernanke, who is responsible to monitor the nation’s monetary policy, maintain the stability of the US financial system, regulate banks, and provide financial services to banks, the U.S. government, and foreign Governments and banks when required.
02/8/11

A Web of Connection We’ve All Been Caught In!

Connecting the world and making it smaller then it really is!

Whether you are looking to make a purchase; speak to your best friend who is studying abroad in Finland;  Watch Netflix;  Skype your boss; read about current events in Egypt, or send pictures to your granddaughter.  The internet has made this all possible. It has redefined almost everything we do from entertainment to stock portfolios.  We are more connected then ever before.  It serves a historical purpose about how we view history because so much information is available to us.  It’s so amazing to see how far we have come in this Age of Technology.

02/8/11

Capitalistic Influences

Many times we (the American public) is fed a story that tries to justify an action. However, knowledge as to whether or not this story is the sole reason or for that matter or even the most important one is often unattainable. Capitalism has a large influence on world events and should be taken into account when analyzing them.

02/8/11

Cotton Field

The history of America can be said to be the history of the struggles of black people in America. Out of the many symbolic items out there, none can be as symbolic as the southern cotton fields, which served as the social and economical prison for many black slaves for generations.

02/8/11

During the Vietnam War about 58,000 were killed as a result of the war.

The Vietnam War cost American taxpayers about $150 billion (historic). Over 2 million men and women served during the war and about 58,000 were killed as a result of the war. Many soldiers came home disabled for life, some lost limbs and some were poisoned by chemicals like Agent Orange. Others returned from the war addicted to drugs and many suffered mental problems as a result of their participation in the war.

02/8/11

Stock market crash:1929

The stock market crash on October 24, 1929  is remembered as one of the most devastating event in Wall Street history. In the weeks leading up to the crash, the market was very unstable.A record of 12.9 million shares were traded on that day .The Dow Jones Industrial Average partially recovered in November- December 1929 and early 1930; however reversed and crashed again.The crash began a 12 year depression that would plague the nation. People came to remember this day as Black Thursday in America and Black Friday in Europe. Combined the stock market crash and the Great Depression caused the biggest financial crisis of the 20th century.

02/8/11

Franklin Delano Roosevelt


Franklin D. Roosevelt was one of most important presidents in American history. His New Deak saved American people from the great depression in 1940, because of that he became the only one president who had three presidency in American history.

02/8/11

Before 1938, children of all ages had to work long hours in poorly lit factories for next to nothing just to survive. The Fair Labor Standard Act established in 1938 not only banned child labor but also set working regulations for children under the age of 18.

02/8/11

Interest…

Every so often, a piece of information comes along that, for whatever reason, triggers my interest in a manner just slightly different than the rest of the nonsense that floats by my mind day in and day out. From the looks of it, Eric Foner’s review of David Blight’s “Race and Reunion” very well just may be one of those sparks (whether or not Foner is just that good of a writer… well, that we’ll just have to wait and find out).

I’d never given much thought to the idea that history is so dependent on the memory of whoever writes it, or the extent to which it can be ‘manipulated’ by any particular bais – that, even what we’ve always regarded as fact can also have 2 (or more) sides to the story. What I found to be the clearest example of this was when Foner writes of the “Ironies”, that, “Abounded in the triumph of the reconciliationist outlook.” Particularly that, “Even Memorial Day, which had begun in 1865 when thousands of black South Carolinians laid flowers on the graves of Union soldiers, soon became an occasion for expressions of white nationalism and reconciliation.”

As far as I can see from this review, Blight seems to portray quite strongly the idea that History really is only as true as the memory of those who win the battle of having their side of the story brought to, believed, and accepted by the masses; and that may just be what it was about this review that seemed to spark my interest.

-C. Salama