The U.S. Treasury Department bought $100 billion in preferred stock and MBS. African American History 1619 August 20. Here are historical events, facts, and some myths about this day. In 1507, a German mapmaker first referred to the lands discovered in the New World as America. ; 10th » Over five months after landing on Mars, NASA declares the 'Phoenix (spacecraft) called Phoenix' mission concluded after communications with the lander (spacecraft) … ... American history in VOA Special English. What are the important events that happened on May 29, 2008? Twenty Africans arrived in Jamestown, Virginia, aboard a Dutch ship. American History: The Great Recession and the 2008 Election Last Updated: May 09, 2012 A sign on the lawn of a foreclosed New Jersey home in 2008. Find out about popular TV shows, movies, music, books, cars, interesting foods, sports facts, and other pop culture trends to get the right mix of questions and answers for your 2000s-themed trivia quiz. Michael W. Fitzgerald, Splendid Failure: Postwar Reconstruction in the American South (Chicago: Ivan R. Dee, 2007) Glenda Elizabeth Gilmore, Defying Dixie: The Radical Roots of Civil Rights, 1919-1950 (New York: W.W. Norton & Company, 2008) Thomas Gossett, Race: The History of an Idea in America (New York: Oxford … On April 12, 1961, he became the first human in … Birthday - Russian cosmonaut Yuri Gagarin (1934-1968) was born in Gzhatsk, Russia. The centrality of the Declaration of Independence (1776) to the developments of the 1770s is self-evident. The action … They were the first blacks to be forcibly settled as involuntary laborers in the North American British Colonies. They held or guaranteed more than $5 trillion, or half, of the nation's mortgages. 1641 Massachusetts was the first colony to legalize slavery by statute. May 29, 2008 is the 150 th day of the year 2008 in the Gregorian calendar. Freddie Mac and Fannie Mae Bailout In September 2008, mortgage companies Fannie Mae and Freddie Mac became government agencies again. This article teaches you fun facts, trivia, and history events from the year 2008. Bear approached JP Morgan Chase to bail it out, but the Fed had to sweeten the deal with a $30 billion guarantee. Historical Events for November, 2008. From the Boston Tea Party to the shot heard round the world, Washington’s Crossing of the Delaware, and the Valley Forge winter, the American Revolution’s pursuit of liberty was made meaningful by the founding document of the great American … Falling home prices wiped out the wealth of many American households and resulted in a jump in mortgage foreclosures, which caused huge losses at Wall Street banks. 1663 September 13. November 4, 2008 - Barack Obama, Democratic Senator from Illinois, the land of Abraham Lincoln, wins a landslide margin in the Electoral College, 365 to 173 in the election for the 44th President of the USA over John McCain, making him the first African-American president in the history of the United States of America. May 29, 2008: Facts & Myths About This Day. There are 216 days remaining until the end of this year. 4th » Barack Obama becomes the first man of African-American descent to be elected President of the United States. He explored South America and the Amazon River, believing he had discovered a new continent. The 2008 financial crisis timeline began in March 2008, when investors sold off their shares of investment bank Bear Stearns because it had too many of the toxic assets.

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