2008 was a crazy year for everybody. Here is a fast run down of the top news stories of 2008:
The Election of President Barack Obama: On November 4, 2008 Barack Obama was elected the 44th President of the United States. He is the first African American President in the country's history and the significance of his taking the oath of workplace on slave-built steps on January 20, 2009 was not lost on those who attended the events or watched the ceremony on television. President Obama has been busy since becoming sworn in: closing Guantanamo Bay, passing the Lilly Ledbetter Act, redefining ethics for his administration and setting a tone of "I will be held accountable for what I do and I will usually be up front in my choice making." The theme for his administration is transparency and accountability and so far he seems to be living up to his promise.
The Crashing of the United States Economy: The stock industry plummeted just days just before the 2008 US Presidential Election making news in each the economic and political spectrum: much less than twenty 4 hours just before the crash, John McCain had insisted that the United States' economy was robust. Some say that this may have been the final nail in the coffin of McCain's doomed campaign. The news did not quit with the crashing of the stock industry. The industry somehow kept diving, prompting some to ask "does the Dow ever run out of points?" It will expense the federal government much more than one trillion dollars to fix all of the damage carried out in the crash.
Oil Prices Dropping: When the news broke of the oil companies' insanely high earnings in a single quarter, countless many people decided that they had been tired of funding oil businesses and turned to other modes of transportation: mass transit, bicycles and even walking. This led to the crash of oil rates and the value of gasoline went from pretty much 4 dollars per gallon to much less than one dollar and fifty cents per gallon in some places. The rates have since leveled out at just fewer than two dollars per gallon.
The Russia-Georgia War: The nations of Russia and Georgia made news in 2008 when they went to war against each and every other for 5 days. The war was started with a Georgian artillery strike on the newly forming South Ossetia region. Russia fought back by invading Georgian territory which made their relationship even much less stable.
Other key news stories of 2008 integrated the death of Heath Ledger (who accidentally overdosed on sleeping and anti-anxiety medication), the never ever ending Iraq war, the rise and fall of Hillary Clinton and Sarah Palin, the terrorism in Mumbai, and the passing of Prop 8 in California by the precise identical margin that the state elected Barack Obama President.
2008 was an exciting news year and 2009 is already off to a impressive begin with the Israeli-Hamas conflict, President Obama's inauguration, and the slow rebuilding of the United States economy.
For much more information on the top news stories, go to and
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