Economic Crisis & Bailout

Katel, Peter. "Vanishing Jobs." CQ Researcher 13 Mar. 2009.
Will the president's plan reduce unemployment? The news is grim and getting grimmer. The jobless rate recently hit 8.1 percent — the highest level in a quarter-century. American workers lost 651,000 jobs in February alone. All told, more than 12.5 million Americans are jobless — including 2.9 million who have been unemployed for at least 27 weeks. The nation is banking on the Obama administration's newly enacted, $787 billion “economic stimulus” bill to spark job growth through government spending on infrastructure projects and other programs. Conservatives argue that the spending won't help, and some liberals say the magnitude of the crisis calls for still more stimulus money. The huge spending measure also includes funds to encourage states to expand eligibility for unemployment insurance, though some governors are resisting on the grounds that their states will wind up footing future bills. With no quick turnaround predicted, creating or saving jobs will remain the top priority for President Barack Obama and the millions of citizens counting on his administration's rescue plan. From the CQ Researcher. Reprinted with permission from CQ Press.

Billitteri, Thomas J. "Middle-Class Squeeze: Is more government aid needed?" CQ Researcher 6 Mar. 2009.

Billitteri, Thomas J. "Financial Bailout: Will U.S. and overseas action stem the global crisis?" CQ Researcher 24 Oct. 2008.

Clemmitt, Marcia. "The National Debt: Has it gotten too big?" CQ Researcher November 14, 2008

Jost, Kenneth. "Financial Crisis: Did Lax Regulation Cause a Credit Meltdown?." CQ Researcher 9 May 2008 : 409-432.

Clemmitt, Marcia. "Mortgage Crisis: Should the government bail out borrowers in trouble?." CQ Researcher 2 Nov. 2007: 913-936.

FACTS.com

The Economic Downturn: From Credit Crunch to Global Recession. Research Feature. World News Digest. Jan. 2009. Facts On File News Services. - Extensive outline with key events and links to relevant articles.

Key Issue: Subprime Mortgage Lending - overview linked to key news events.

Article Searches:

EBSCOhost
SU unemploy* AND GE united states - over 2750 full text articles on the subject "unemployment" (or "unemployed") as it relates to the geographic location "United States"

economic stimulus AND united states

SU (mortgage* or loan*) and subprime

Federal Reserve and SU ( financ* or mortgage* or lend* or credit ) and ( crisis or crises )

CO (FANNIE Mae or freddie mac)

ProQuest
(AIG OR American International Group) AND bonus*

SUBJECT (Bailouts AND Automobile Industry)

SU(subprime lending or predatory lending) AND SU(mortgage*)

SU(subprime lending or predatory lending) AND SU(foreclosure*)

Books
From the CBC Library Catalog on (su:Debt or su:Credit or kw:Mortgages) and su:United States

Ebrary - ebooks
Maynard, Micheline. End of Detroit: How the Big Three Lost Their Grip on the American Car Market. Doubleday, 2004.

Wallison, Peter J. and Bert Ely. Nationalizing Mortgage Risk : The Growth of Fannie Mae & Freddie Mac. Washington, DC: American Enterprise Institute for Public Policy Research, 2000.

Reference

Oxford Reference Online - Search dictionaries of economics, banking and finance

Guttentag, Jack. Mortgage Encyclopedia. McGraw-Hill, 2004.

Web
Planet Money - NPR.org site for stories related to the economy.

Recovery.gov - Federal economic recovery tracking site, set up by the American Recovery and Reinvestment Act.

Recovery.wa.gov - tracks Federal recovery funding for Washington.

Schau, Dean. "Why Bad Things Happen To Good Economies, January 2009." Article on the recession and the Tri-Cities, by CBC Professor and Regional Labor Economist Dean Schau.