The Effectiveness of the Measure Done by the Government for Lehman Brothers in 2008
The modern era has witnessed a number of financial crises that have had an effect on economic functions in many countries. The economic turmoil in Japan and Hong Kong after 1990 and 1997 respectively and the global financial crises of early 21st century are some examples of recent crises in history. Governments worldwide play a central role in managing economic environments to either avert or mitigate the effects of financial crises.
Fiscal policy and monetary policy are the main tools that the government seeks to correct economic turmoil. In light of the frequency and effects of financial crises within the last and present centuries, various governments have adopted better steps in managing prevailing economic conditions. This has included reinventing fiscal and monetary policies and practices to improve monitoring and control of economic activities, provide frameworks on preparedness and recovery and offer financial aid to mitigate the effects of economic crises.
The 2008 financial crisis tested the financial structures of the US financial markets. Ideally, the epicenter of the crisis was the US Mortgage markets. The government decided on a stimulus program which aimed at increasing the money supply to ease credit in the market (Pariente, Bora & Omar, 2011). The objective of this stimulus program was to trigger investment through ensuring that institutions and individuals who require credit are able to obtain from commercial banks. This program was quite successful. However, it faced serious objections from the Republican Party. In this regard, the federal government opted to use US treasuries to pay for the massive fiscal stimulus programs. The 2008 financial crisis in the US and increased government spending as part of recovery was fundamental in demonstrating facilitated economic recovery through deliberate fiscal policy by the federal treasury. Continue reading “Lehman Brothers Essay”
According to the law, implied warranty is not something explicitly promised by a seller, but rather implied in the circumstances of a sale. For example, when a person is selling reading glasses, we automatically can assume that he understands something in what he/she is doing and can rely on his/her advise. Each time when we are buying we are assuming that the products are of proper quality and correspond to our expectations of such products. This refers to product’s merchantability. For example, when we buy vitamins, we expect that they will not harm our health, but on the contrary, will provide our body with the important elements, will be properly packaged and have necessary information about usage. We rely on the knowledge of a company producing the vitamins and a pharmacist selling them that the vitamins will contain the proper balance of the ingredients and will improve our overall health, in other words have proper quality commonly expected of such products. Continue reading “Essay on Implied Warranties”
François-Marie Arouet Voltaire (1694-1778) and Franz Kafka (1883-1924) were highly celebrated writers and social thinkers of their respective eras. As can be learned from their works, the two authors spent considerable thought reflecting on the role of religion and God in nature, society and life. This paper reviews some prominent works by the two and compares their attitude towards religion in terms of style, narrative and ideological perspectives.
Voltaire: The Unapologetic Arch Nemesis
Like many of his contemporaries during the Age of Enlightenment, Voltaire’s views on religion and its many facets were rather fierce. A self-proclaimed deist, Voltaire did not hesitate to criticize blind faith and organized religion and saw the latter as an obstacle in the way towards human liberty, progress and happiness, famously arguing against religious extremism: “those who can make you believe absurdities can make you commit atrocities.” Many of his works clearly and explicitly express these views, as well as the aspiration to replace the perceived repressions of the prevalent monotheism with a new sense of critical observations, justified reasoning and tolerance towards opposing views of nature and society.
One of the most celebrated examples for Voltaire’s criticism on the role of religion in society is his 1759 satire Candide. Briefly speaking, the thematic core of this short novel is a critique on the optimistic notion that God, as a perfect deity, created the world as the best possible world. The notion, which is usually referred to as Leibnizian optimism, is presented through the character of Dr. Pangloss, who argues that
things cannot be otherwise than as they are; for as all things have been created for some end, they must necessarily be created for the best end. Observe, for instance, the nose is formed for spectacles, therefore we wear spectacles. The legs are visibly designed for stockings, accordingly we wear stockings. Stones were made to be hewn and to construct castles, therefore My Lord has a magnificent castle; for the greatest baron in the province ought to be the best lodged. Swine were intended to be eaten, therefore we eat pork all the year round: and they, who assert that everything is right, do not express themselves correctly; they should say that everything is best. (Voltaire, “Candide” 12) Continue reading “Essay on Religion in the Works of Kafka and Voltaire”
In today’s fast moving world of technology many people find themselves trapped with no time to do all the things they want to. That is the reason why all services offered through the Web are constantly gaining more popularity. Many students prefer to take different courses online, communicate with friends online and as a result spend most of their time in front of the computer exploring the vast world online and everything it offers.
Online education is attractive for many, as it is convenient and saves a lot of time and money. Making a research is similar to online education in many ways. A constantly increasing number of students tend to use online articles, databases and libraries in order to save time and to be able to access more cost-free information from all over the world in a few mouse clicks. (Whitaker)
The research conducted on the topic “Online education” is based on articles and journal entries, published on the Internet. Some professors and scientists are reluctant to accept the validity and reliability of the internet sources due to the risk of plagiarism and the overuse of not cross-checked articles, low quality or false information. Despite all these facts, the use of electronic sources was chosen to save time and resources. Finding any information concerning any topic is extremely fast and easy, but finding reliable information online demands more time, a lot of patience and evaluation skills to determine the sources that can be used and cited. However, compared to the old fashioned library based research is much faster, but tricky at the same time. Knowing how to make use of the online sources saves costs, because ordering books or paying registration fees is not needed. Continue reading “Essay about Online Education”
My earliest memories are that of playing games in preschool. It was a fun time for me, at least that’s how I recall it now. The only things I had to worry about were: what will I have for lunch today, whether that big kid will leave me alone and which toy do I want to play with. My mother would always pack one of those perfect lunches for me, although, being a bit of a health nut, she wouldn’t always give me the snacks that the other kids had. I guess it was this upbringing that has made me health-conscious when it comes to food. Buying organic for me is a bit out of my price range, but I maintain fresh ingredient standards, stay away from fast- and junk-foods and manage to balance my meals. I’ve recently become a fan of cooking shows on TV, which have inspired me to explore the culinary world a bit, but not on a professional level. When I come home, the first thing I like to do is cook a nice meal. I’m not a vegetarian, yet there are many vegetarian dishes to which I have become accustomed to. A lot of my cooking influences come from Middle-Eastern and Indian cuisine. On occasion, I like to have friends over to share my newfound talents with them, and so far it has been a success. Continue reading “Essay on My Earliest Childhood Memories”
Biological perspective is a branch of psychology that considers physiology as affecting human behavior.
Use free sample essays on biological perspective to understand that the idea of parallelism of psychic phenomena with the physiological processes in the nervous system was proved by a huge number of observations and experiments, proving that the damage to different centers of the brain, cranial or abducens nerves immediately distorts or destroys any mental functions with the full and detailed definitions, besides, it is not hard to see how close is the psychological development and the development of neuro-cerebral apparatus in the number of animals or in the human development from embryo to a mature man.
Biological perspective, sometimes referred to as psychobiology or biopsychology is a subset of psychology. Psychology can be defined as the scientific study of mental processes and behavior. Biological psychologists often use biological methods of research to base their practice on them. On the other hand, biological psychologists may be interested in the measurement of certain biological variables (anatomical, physiological or genetic variables) in an attempt to relate them quantitatively and qualitatively, from a psychological (typically behavioral) variable. Continue reading “Free Essay on Biological Perspective”
Comparative Rhetorical Analysis: Barack Obama and Mitt Romney
Barack Hussein Obama was born in August, 1961. He is America’s forty forth president. However, he became the first African-American president. Additionally, he was born in Hawaii and graduated from Columbia University and Havard Law School. Surprisingly, he was president of the Havard Law Review. In history, he was a leader because he worked as a civil right attorney in Chicago, taught constitutional rights, represented the district in the Illinois Senate and also served Americans as a senator. Moreover, he won the noble peace prize laureate in January 2009. Above all, he is also the first American president to publicly support and legalize same sex marriages. On the other hand, Willard Mitt Romney was born in March, 1947. Mitt is an American businessman, politician and a nominee of the Republican Party, for the Unite States presidency in the 2012 elections. Additionally, he was the seventieth governor of Massachusetts. He also participated in his parents’ campaigns.
In summary, both Obama and Mitt are individuals with a leadership background and are vying for the presidency seat in 2012. However, there are differences and similarities in the use of ethos, pathos and logos, as well as language, repetitions and oppositions in the Obama and Romney’s campaigns. Continue reading “Comparative Rhetorical Analysis Essay”
According to the definition given by the World Wildlife Fund (1989), biological diversity is “the diversity of life forms on earth, millions of species of plants, animals, micro-organisms and their gene sets and complex ecosystems that make up the wildlife.” Thus, biological diversity should be considered on three levels. Biological diversity at the species level covers the entire range of the species on Earth from bacteria and protozoa to multicellular kingdoms of plants, animals and fungi. In a smaller scale biological diversity includes the genetic diversity of species, formed as a geographically distant populations and individuals within the same population. Biological diversity also includes a variety of biological communities, species, ecosystems, formed communities and the interaction between these levels.
Use free sample research papers on the topic to understand the idea that biological diversity includes the genetic diversity (genetic variation within each species), species diversity (set of species in the ecosystem) and the diversity of the communities/ecosystems (habitats and ecosystems in this area) necessary for continuous survival of species and natural communities at all levels of biological diversity. Continue reading “Free Essay on Biological Diversity”
This program targets lactating mothers both home-based and working mothers. It will be marketed through interactive digital media, organizational, and community channels. There are ten objectives for setting up this program. First, to ensure that health care staff has the necessary skills to implement the breastfeeding policy. Secondly, to establish a breastfeeding policy that can routinely be communicated to health care staff, and informing pregnant women about management and benefit of breastfeeding. Thirdly, helping mothers to initiate breastfeeding program within the first 2 hours of their birth, and helping them understand how best they can maintain lactation even after they are separated from babies. The programs also aims at teaching mothers on how to practice rooming-in, and avoid giving their newborns drinks or foods other than their breast milk unless they are medically indicated. The program will further encourage mothers to breastfeed their infants on demand, and discourage them from giving the breastfeeding infants pacifiers or artificial teats. Last yet important is fostering the establishment of groups that support breastfeeding and referring mothers to them. Continue reading “Marketing a Corporate Breastfeeding Program Essay”
Communication is an integral part of people’s lives. In the information age in which transfer of information from one party to another has been made easier compared to pre-modern or the pre-computer age, communication has been given supreme priority. Governments that have a need to safeguard their own security have allocated considerable budgets to intelligence and intelligence sharing especially in the wake of the threat of terrorism. Similarly, large multinational organizations operating in a much reduced global village also share information through multiple avenues across a variety of divisions including research and development, marketing as well as finance. News networks have similarly also invested in proper communication means. Good communication is also important in education. The class introduced numerous important areas that a communication expert needs to master in order to ensure that that the message being passed across is not only delivered through the best possible channel but is also relayed in the most appropriate way for quicker decoding. The process of encoding and decoding messages via proper communication channels employs a simplified model with a checklist of critical elements. Continue reading “Free Communication Essay Sample”