RJA #13b: Annotated Bibliography, Part 1

Sowell, Thomas. The Housing Boom and Bust. New York: Basic Books, 2009. Print.
This book by Thomas Sowell give good information regarding the Housing boom and bust and the causes of the housing crash. This book gives detailed information on what actually happened before, during and after the housing boom and bust. It goes over a lot of the political things that went wrong that fueled the housing boom, and also gives ideas on how to deal with this in the future. This text is very helpful in understanding a lot of the "underground" reasons and causes of the housing boom and bust. Thomas Sowell is also a scholar from the Hoover Institute, and teaches economics. This text is very helpful with my research because it backs up the fact that the Government is a main cause of the housing bust.

"Who's to blame: Washington or Wall Street?" www.newsweek.com. Newsweek. Mar. 21, 2009. Web. Oct. 15, 2009
This is a page from the Newsweek site and it is a debate between John Gordon, Niall Ferguson, and Nouriel Roubini. It is a back and forth debate on who's to blame for the Housing bust. Overall, the blame is shared between Washington and Wall Street, but there is stronger arguments blaming Washington. This was a good article to read, because it gives a couple different views from good resources. I found good quotes to support my argument that Washington was to blame for the Housing Boom and Bust.

Billitari, Thomas. "Financial Bailout: Will U.S. and overseas action stem the global crisis?" http://www.cqpress.com/. CQ researcher. n.d. Web. Sept. 17, 2009.
This article is from Thomas Billitari, and it gives a lot of background information on the housing market, Fannie and Freddie Mac. It goes over the facts and what went on before and during the economic crisis. This is a good article for basic knowledge to introduce my paper. It helped me to form my introduction.

"Committee: Fannie and Freddie ignored warnings". www.msnbc.com. Msnbc. Dec. 9. 2009. Web. Nov. 3, 2009
This article is regarding documents released by the house regarding warnings, letters, emails, that was sent to Fannie and Freddie warning them of risky loans. This article goes over the failure to regulate during the Clinton era, and brings light to the argument that there was failure to regulate in the housing boom and bust. This article is very good for my research paper.