The United States Subprime Mortgage Crisis was a series of events and conditions that led to a financial crisis and subsequent recession that began in 2008. It was characterized by a rise in subprime mortgage delinquencies and foreclosures. The crisis had severe, long-lasting consequences for the U.S. economy. Between June 2007 and November 2008, Americans lost more than a quarter of their net worth. Nearly 9 million jobs were lost during 2008 and 2009, roughly 6% of the workforce. U.S. housing prices fell nearly 30%. Nevada was the worst-hit state in the country with one home foreclosure filing for every 23 households.
The Sub-Prime Mortgage Bailout Coloring Book will introduce to the children of America the unprecedented burden imposed on them, and generations to come.
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About the Author: An heir to the West Coast and Beat generation art, LG Williams is the youngest member of the Rat Bastard Protective Association, whose membership included Bruce Connor, Wally Hedrick, Jay DeFeo, and Manuel Neri. Williams received his M.F.A. from the University of California, Davis - nearly twenty years after the school's most famous graduate Bruce Nauman. He has showed at many national and international venues, among them The Internet Pavilion of La Biennale Di Venezia 2011, Yerba Buena Center for the Arts, di Rosa Art Preserve, Klaipedos Kultury Komunikacijy Centras, Ludwig Forum Aachen, Super Window Project, Gloria Maria Gallery, Lance Fung Gallery, and Steven Wirtz Gallery.
Reviews featuring Williams have appeared in Artforum, Art Issues, Art Week, New York Times, San Francisco Chronicle, La Stampa, Japan Times, Huffington Post, Purple.fr, San Francisco Bay Guardian, Maui Weekly, Java Magazine, and Glass Magazine. Art historian Thomas Frangenberg (University of Leicester), wrote the catalogue essay for Anthology: 1985-2012, Williams' mid-career retrospective in Milan; and Donald Preziosi (University of California Los Angeles), featured Williams' artwork in his 2014 monograph Art, Religion, Amnesia: The Enchantments of Credulity (Routledge).
Williams curated Wally Hedrick's War Room for The 2003 San Francisco International Art Fair, the first time this "significant item of Bay Area art history" had been exhibited since 1967. In 2009 Cengage Learning / Wadsworth published Williams's Drawing Upon Art: A Workbook for Gardner's Art Through the Ages - an innovative pedagogical tool designed to facilitate learning art history through drawing. During 2010-11 Williams was the art critic for The Tokyo Weekender, the oldest free English publication in Japan. In 2016, Williams' publishing house PCP Press released Dave Hickey's Wasted Words and Dust Bunnies compiled and edited by art historian Julia Friedman.
Williams has taught studio art, art history, art appreciation, and graphic design courses since 1990 with programs such as The University of California, Davis, University of Southern California, California College of the Arts, Arizona State University, and The University of Hawaii.
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