Saturday, May 23, 2020
Shakespeares Use of Language, Imagery and Setting to Illuminate Prosperos Journey from Revenge to Reconciliation The Tempest opens on a ship at sea caught in a tempestuous storm. This setting would immediately suggest to the Elizabethan audience, the presence of danger and evil, as they would be familiar with other Shakespearian plays where storms have been used in this way, for example, Macbeth and King Lear. The desperate language of the characters in the opening scene would further reinforce the audiences sense of evil afoot. The panic of the Boatswain is illustrated when he cries A plague upon this howling and the terror of the passengers down below can be heard as they cry Mercy on us!Ã¢â¬ ¦show more contentÃ¢â¬ ¦This very active opening establishes the theme for the play and the audience is left anticipating a story of revenge and evil. In Scene II, Shakespeare introduces a contrast to the storm through the setting of the island. At the time Shakespeare wrote the Tempest, such a setting would have been significant to the audience as many new lands and cultures were being discovered. These places were surrounded by myth, superstition and fear of the unknown. The exchange between Miranda and her father Prospero establishes that this is no ordinary island or plot. Mirandas opening speech suggests that her father has magical powers, if by your Art, my dearest father, you have put the wild waters in this roar, allay them. This suggestion that Prospero was responsible for the storm further reinforces the idea introduced in the previous scene, that he is out for revenge, although the reason for his desire for revenge is not clear at this point. The islands setting evokes ideas of magic and strange happenings and suggests to the audience that anything can happen. Mirandas language contains much dark imagery, which adds t o the air of foreboding. Her statement that the sky would pour down stinking pitch has unnatural overtones, suggesting that this was no normal storm. Prosperos expositional speech, which begins on line 36 in Scene II,
Tuesday, May 12, 2020
Charles Darwin (February 12, 1809Ã¢â¬âApril 19, 1882) was a naturalist who originated the theory of evolution through the process of natural selection. Darwin holds a unique place in history as the foremost proponent of this theory. While he lived a relatively quiet and studious life, his writings were controversial in their day and still routinely spark controversy. As an educated young man, he embarked on an astounding voyage of discovery aboard a Royal Navy ship. Strange animals and plants he saw in remote places inspired his deep thinking about how life might have developed. And when he published his masterpiece, On the Origin of Species, he profoundly shook up the scientific world. Darwins influence on modern science is impossible to overstate. Fast Facts: Charles Darwin Known For: Originating the theory of evolution through natural selectionBorn: February 12, 1809 in Shrewsbury, Shropshire, EnglandParents: Robert Waring Darwin and Susannah WedgwoodDied: April 19, 1882 in Downe, Kent, EnglandEducation: Edinburgh University, Scotland, Cambridge University, EnglandPublished Works: On the Origin of Species By Means of Natural SelectionAwards and Honors:Ã Royal Medal, Wallaston Medal, Copley Medal (all for outstanding achievements in the sciences)Spouse: Emma WedgwoodChildren: William Erasmus Darwin, Anne Elizabeth Darwin, Mary Eleanor Darwin, Henrietta Emma Darwin, George Howard Darwin, Elizabeth Darwin, Francis Darwin, Leonard Darwin, Horace Darwin, Charles Waring Darwin Notable Quote: Ã¢â¬Å"In the struggle for survival, the fittest win out at the expense of their rivals because they succeed in adapting themselves best to their environment.Ã¢â¬ Early Life Charles Darwin was born on February 12, 1809, in Shrewsbury, England. His father was a medical doctor, and his mother was the daughter of the famous potter Josiah Wedgwood. DarwinÃ¢â¬â¢s mother died when he was 8, and he was essentially raised by his older sisters. He was not a brilliant student as a child, but he went on to study at the University of Edinburgh Medical School in Scotland, at first intending to become a doctor. Darwin took a strong dislike to medical education and eventually studied at Cambridge. He planned to become an Anglican minister before becoming intensely interested in botany. He received a degree in 1831. Voyage of the Beagle On the recommendation of a college professor, Darwin was accepted to travel on the second voyage of the H.M.S. Beagle. The ship was embarking on a scientific expedition to South America and islands of the South Pacific, leaving in late December 1831. The Beagle returned to England nearly five years later, in October 1836. Darwins position on the ship was peculiar. A former captain of the vessel had become despondent during a long scientific voyage because, it was assumed, he had no intelligent person to converse with while at sea. The British Admiralty thought sending an intelligent young gentleman along on a voyage would serve a combined purpose: he could study and make records of discoveries while also providing intelligent companionship for the captain. Darwin was chosen to go aboard. Darwin spent more than 500 days at sea and about 1,200 days on land during the trip. He studied plants, animals, fossils, and geological formations and wrote his observations in a series of notebooks. During long periods at sea, he organized his notes. In the Galapagos The Beagle spent about five weeks in the Galapagos Islands. During that time, Darwin made a series of observations that had a significant impact on his new theories about natural selection. He was particularly intrigued by his discovery of major differences between species on different islands. He wrote: The distribution of tenants of this archipelago would not be nearly so wonderful if, for instance, one island has a mocking-thrush and a second island some other quite distinct species... But it is the circumstance that several of the islands possess their own species of tortoise, mocking-thrush, finches, and numerous plants, these species having the same general habits, occupying analogous situations, and obviously filling the same place in the natural economy of this archipelago, that strikes me with wonder. Darwin visited four of the Galapagos Islands, including Chatham Island (now San Cristobal), Charles (now Floreana), Albemarle, and James (now Santiago). He spent much of his time sketching, collecting specimens, and observing animals and their behavior. His discoveries would change the scientific world and rock the foundations of Western religion. Early Writings Three years after returning to England, Darwin published the Journal of Researches, an account of his observations during the expedition aboard the Beagle. The book was an entertaining account of Darwins scientific travels and was popular enough to be published in successive editions. Darwin also edited five volumes titled Zoology of the Voyage of the Beagle, which contained contributions by other scientists. Darwin himself wrote sections dealing with the distribution of animal species and geological notes on fossils he had seen. Development of Darwins Thinking The voyage on the Beagle was, of course, a highly significant event in DarwinÃ¢â¬â¢s life, but his observations on the expedition were hardly the only influence on the development of his theory of natural selection. He was also greatly influenced by what he was reading. In 1838 Darwin read an Essay on the Principle of Population, which the British philosopher Thomas Malthus had written 40 years earlier. The ideas of Malthus helped Darwin refine his own notion of Ã¢â¬Å"survival of the fittest.Ã¢â¬ Darwins Ideas of Natural Selection Malthus had been writing about overpopulation and discussed how some members of society were able to survive difficult living conditions. After reading Malthus, Darwin kept collecting scientific samples and data, eventually spending 20 years refining his own thoughts on natural selection. Darwin married Emma Wedgwood in 1839. Illness prompted him to move from London to the country in 1842. His scientific studies continued, and he spent years studying various lifeforms to better understand their evolutionary processes. Publication of His Masterpiece DarwinÃ¢â¬â¢s reputation as a naturalist and geologist had grown throughout the 1840s and 1850s, yet he had not revealed his ideas about natural selection widely. Friends urged him to publish them in the late 1850s; it was the publication of an essay by Alfred Russell Wallace expressing similar thoughts that encouraged Darwin to write a book setting out his own ideas. In July 1858, Darwin and Wallace appeared together at the Linnean Society of London. And in November 1859, Darwin published the book that secured his place in history: On the Origin of Species By Means of Natural Selection. Death On the Origin of Species was published in several editions, with Darwin periodically editing and updating material in the book. And while society debated Darwins work, he lived a quiet life in the English countryside, content to conduct botanical experiments. He was highly respected, regarded as a grand old man of science. He died on April 19, 1882, and was honored by being buried at Westminster Abbey in London. Legacy Charles Darwin was not the first person to propose that plants and animals adapt to circumstances and evolve over eons of time. But Darwins book put forth his hypothesis in an accessible format and led to controversy. Darwins theories had an almost immediate impact on religion, science, and society at large. Sources Ã¢â¬Å"Charles Darwin: Gentleman Naturalist.Ã¢â¬ Darwin Online.Desmond, Adrian J. Ã¢â¬Å"Charles Darwin.Ã¢â¬ Encyclopedia Britannica, 8 Feb. 2019.Liu, Joseph, and Joseph Liu. Ã¢â¬Å"Darwin and His Theory of Evolution.Ã¢â¬ Pew Research Centers Religion Public Life Project, 19 Mar. 2014.
Wednesday, May 6, 2020
Many parents adapt to changes in their lives and usually have the support of family and friends to provide assistance. Many families however can face issues that affect the family life and often need support to help them. Factors such as financial Difficulties could become an issue as this would mean that they are unable to afford food or clothing therefore leading towards poverty and poor health which can cause depression. We will write a custom essay sample on Child Care Nvq Level 3 Unit 8 E3 or any similar topic only for you Order Now Also poor housing would effect the child as they may not even have a garden to move about in and there may not be a play park around making the child become restricted from outside play. Another factor could be unemployment, meaning no job, which may effect the child as there would be no income. If a single parent, this would mean that they would have to work but also meaning that the child would have to be moved somewhere to be taken care of meaning sepaeration would have to happen between the parent and child. Divorce and separation would also mean that the child would possibly have to move home to a smaller building meaning that the conditions would be cramped and the parent may have to recieve lower income Lower income Smaller housing / cramped conditions There are four different types of Sectors that provide care and education for children. They are; Statutory Sector Voluntary Sector Private Sector. Independent A Statutory Sector is a Sector that has to be there by law, so dentist, local schools and hospitals are part of this. Local schools have to be there by law and get some funding by the government. The age range that schools cover is from 5 years to 11 years olds. They follow a set routine where reception covers the EYFS and then year one to year six covers the national curriculum. Schools are open from nine oÃ¢â¬â¢clock in the morning to half three in the afternoon, from Monday to Fridays, term times only. This means that schools are closed at Christmas, Easter, summer and half terms. Schools are in easy access areas, where there is enough space for an outside play area for example the playground and indoor space, for example somewhere to do P. E. A local school can be adapted, for example ramps for people with disabilities and for people to find it easy to access the school. A local school should also include snacks; they should be healthy snacks like fruit and vegetables. They should also include toileting times for the children. Statutory Schools are usually free except payment for school dinners, school trips and some snacks. A Voluntary Sector is a sector, which people volunteer to organise and run, so mother, toddler and Pre school groups are apart of this. The aim of a Statutory Sector School is to provide opportunities of education for every child and to support their learning also making a safe and secure environment for children to keep them from harm. Another aim is to provide social opportunities for the child this will include learning to make friends, learning to socialise with people, learning the difference between adults and children and learning to respect others. It may also provide opportunities for the family by meeting new parents so they are making new friends and it may also prove as support for families as they might find people to rely on and also some services though school to help support them. An independent sector are companies with more freedom to organise their provision. Their services may not rely on government funding and does not have to follow the EYFS or the National Curriculum. However the service may be OFSTED inspected to make sure childrenÃ¢â¬â¢s welfare needs are being met. Services of independent provision include independent schools and nurseries. How to cite Child Care Nvq Level 3 Unit 8 E3, Essay examples Child Care Nvq Level 3 Unit 8 E3 Free Essays Many parents adapt to changes in their lives and usually have the support of family and friends to provide assistance. Many families however can face issues that affect the family life and often need support to help them. Factors such as financial Difficulties could become an issue as this would mean that they are unable to afford food or clothing therefore leading towards poverty and poor health which can cause depression. We will write a custom essay sample on Child Care Nvq Level 3 Unit 8 E3 or any similar topic only for you Order Now Also poor housing would effect the child as they may not even have a garden to move about in and there may not be a play park around making the child become restricted from outside play. Another factor could be unemployment, meaning no job, which may effect the child as there would be no income. If a single parent, this would mean that they would have to work but also meaning that the child would have to be moved somewhere to be taken care of meaning sepaeration would have to happen between the parent and child. Divorce and separation would also mean that the child would possibly have to move home to a smaller building meaning that the conditions would be cramped and the parent may have to recieve lower income Lower income Smaller housing / cramped conditions There are four different types of Sectors that provide care and education for children. They are; Statutory Sector Voluntary Sector Private Sector. Independent A Statutory Sector is a Sector that has to be there by law, so dentist, local schools and hospitals are part of this. Local schools have to be there by law and get some funding by the government. The age range that schools cover is from 5 years to 11 years olds. They follow a set routine where reception covers the EYFS and then year one to year six covers the national curriculum. Schools are open from nine oÃ¢â¬â¢clock in the morning to half three in the afternoon, from Monday to Fridays, term times only. This means that schools are closed at Christmas, Easter, summer and half terms. Schools are in easy access areas, where there is enough space for an outside play area for example the playground and indoor space, for example somewhere to do P. E. A local school can be adapted, for example ramps for people with disabilities and for people to find it easy to access the school. A local school should also include snacks; they should be healthy snacks like fruit and vegetables. They should also include toileting times for the children. Statutory Schools are usually free except payment for school dinners, school trips and some snacks. A Voluntary Sector is a sector, which people volunteer to organise and run, so mother, toddler and Pre school groups are apart of this. The aim of a Statutory Sector School is to provide opportunities of education for every child and to support their learning also making a safe and secure environment for children to keep them from harm. Another aim is to provide social opportunities for the child this will include learning to make friends, learning to socialise with people, learning the difference between adults and children and learning to respect others. It may also provide opportunities for the family by meeting new parents so they are making new friends and it may also prove as support for families as they might find people to rely on and also some services though school to help support them. An independent sector are companies with more freedom to organise their provision. Their services may not rely on government funding and does not have to follow the EYFS or the National Curriculum. However the service may be OFSTED inspected to make sure childrenÃ¢â¬â¢s welfare needs are being met. Services of independent provision include independent schools and nurseries. How to cite Child Care Nvq Level 3 Unit 8 E3, Papers
Sunday, May 3, 2020
The play opens with a Father Flynn giving a sermon about having doubts, or being unsure. Following the sermon, Sister Aloysius questions one of the teachers on her staff about the father. She then moves on to talk about a student. From the exchange between the nuns, it is clear that Sister Aloysius does not like Father Flynn. Though the teacher, Sister James, is kind-hearted, Sister Aloysius leads her to believe this is weakness. She also asks Sister James to watch Donald Miller, and Father Flynn. It is also made clear that Sister Aloysius suspects the father of inappropriate behavior with children. Throughout the play, Father Flynn never admits to any of the allegations, but Sister Aloysius makes it apparent that no amount of reasoning can convince her of his innocence. In one scene, the father, Sister James, and Sister Aloysius have all met in Sister Aloysius office to talk about the Christmas pageant that the school puts on every year. We will write a custom essay sample on Doubt or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Father Flynn then starts making notes about a sermon about intolerance after speaking with Sister Aloysius. Though the play is somewhat humorous in parts, the plot line is also very dark, being that the preface of every scene is trying to prove Father Flynn has been inappropriate with children. I really enjoyed the play, but I did not like the ending. In the final scene, Father Flynn has left the school because Sister Aloysius essentially threatened him, and shes out in the garden crying. Sister James asks her what is wrong, and she says only Ã¢â¬Å"I have doubtsÃ¢â¬ , leading the audience to believe that maybe she has finally accepted Father Flynns innocence though it is now too late. I wish the ending would have been more descriptive, but on the same coin, I liked how it led the audience to draw its own conclusions. Doubt free essay sample From the play written by John Patrick Shanley and titled Doubt: a Parable, the readers get a central question, asking whether certainty can be equated to truth or not. From one side, some hints outlining the fact that certainty can be equated to truth are evident. On the other side, there are doubts as to whether certainty can be equated to truth. The doubt is thus left unresolved. The play begins with father FlynnÃ¢â¬â¢s sermon lecturing regarding certainty as he claims, Ã¢â¬Å"Doubt can be a bond as powerful and sustaining as certainty. Ã¢â¬ (871) The play was set in 1964, approximately one year after the assassination of John F. Kennedy. In a way, it was a response to the dark times being experienced by the United States. In order to highlight this doubt, the play doubt was written using a different approach. The play had no certainty equating to truth leaving the doubt, which existed to be unresolved. We will write a custom essay sample on Doubt or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page This is portrayed thought Father Flynn and Sister AloysiusÃ¢â¬â¢ differences in Roman Catholic Church traditions, the ambiguity of the charges of Father Flynn who is suspected of defiling a black alter boy, and the significant role of both Sister James and the alter boyÃ¢â¬â¢s mother in the play. One of the central characters of the play doubt is the church priest, Father Flynn. He is a progressive priest who is very devoted and friendly. Sister Aloysius is the principal of a catholic school, St. Nicolas. The students see her as terrifying and unsympathetic as she will not allow anyone to break the rules she has established. Father Flynn and Sister Aloysius represent an oxymoron, which is progressivism vs. traditionalism. Sister Aloysius was a widow before entering the covenant, as she claims Ã¢â¬Å" My husband died in the war against Adolph HitlerÃ¢â¬ (879), she therefore represents the churchÃ¢â¬â¢s strict traditions and she follows the hierarchy of the Roman Catholic Church. She objects any modernityÃ¢â¬â¢s trying to be added to the system. She overanalyzes everything and believes that in order for the kids to follow a right path in life they must fear and follow strict rules. Father Flynn insisted on a more progressive way of life, he did not dedicate himself to the outdated church traditions. He was very tolerant of differences, he believed more secular songs should be played at Christmas and he also coaches a basketball team for boys. Father Flynn engages in friendly talk with the boys he coaches as he states, Ã¢â¬Å" You try to talk to a girl with those filthy paws, Mr. Conroy, sheÃ¢â¬â¢s gonna take off like sheÃ¢â¬â¢s being chased by the Red ChineseÃ¢â¬ (878). He also takes care of the only African- American student in the school, Donald Muller. For these reasons, Father Flynn is suspected of pedophilia and of defiling Donald Muller. However Sister Aloysius suspicion and intuition also questions the ambiguity of her charges. The ambiguity of the charges is very pivotal in the play. Father FlynnÃ¢â¬â¢s first sermon was about doubt. When Sister Aloysius and Sister James meet in her office, Sister Aloysius demonstrates her doubts about the meaning of his sermon as she states, Ã¢â¬Å" Well, Sermons come from somewhere, donÃ¢â¬â¢t they? Is Father Flynn in Doubt, is he concerned that someone else is in DoubtÃ¢â¬ (877). After being approached by Sister James, she learns that Father Flynn Ã¢â¬Å" Has taken an interest. Since Donald went on the Alter BoysÃ¢â¬ (880), he took Donald for a private meeting in the rectory and when coming back to class there was alcohol on his breath and he seemed frightened. Sister Aloysius said to Sister James Ã¢â¬Å" I told you to come to me, but I hoped you never wouldÃ¢â¬ (880). Sister Aloysius was already frustrated due to their different approaches to the traditional rules of a Roman Catholic Church. After hearing about Father FlynnÃ¢â¬â¢s interest in Donald she links her doubt to the truth and approaches him in an unacceptable manner. Sister Aloysius is convinced that she is right as she says, Ã¢â¬Å" But I have my certainty, and armed with that, I will go to your last parish, and the one before that if necessary. I will find a parent, Father Flynn! Trust me I will. A parent who probably doesnÃ¢â¬â¢t know you are still working with children! Ã¢â¬ (901). Sister AloysiusÃ¢â¬â¢ doubts seem truthful, however Father FlynnÃ¢â¬â¢s explanations also seem truthful. The play therefore questions how far doubt is from the truth. Sister Aloysius failed to resort to the right person, who would have been Donald Muller, instead she involved both Sister James and DonaldÃ¢â¬â¢s mother. Sister James, an innocent nun and Vila Davis, the alter boyÃ¢â¬â¢s mother play a significant role in the play doubt. Sister James was a fairly young nun at St. Nicolas School and she played a pivotal role as she brings her suspicions to her superior. The readers are obligated to make conclusions based on Sister JamesÃ¢â¬â¢ doubt and uncertainty. The mother of the Alter BoyÃ¢â¬â¢s name is Vila Davis. When Villa hears about Sister Aloysius doubts about a sexual relationship between her son and Father Flynn she states, Ã¢â¬Å" Things are in the air and you leave them alone if you canÃ¢â¬ ¦My boy came here because they were gonna kill him at the public schoolÃ¢â¬ ¦ But do I ask the man why heÃ¢â¬â¢s good to my son? No, I donÃ¢â¬â¢t care why. My Son needs to some man to care about him and see him through to where he wants to goÃ¢â¬ (898). This quote shows that Mrs. Muller believes that the uncertainty of ones suspicions are better not said or looked over. She rather provide her son with a better future then take someoneÃ¢â¬â¢s suspicions to a greater extent. Consequently, the central disagreement in the play Doubt is limited to ones views of the world and capability to admit the ambiguity in day-to-day living. In this case, we will never know many things regarding this world, while at the same time we will not be in the position of controlling much regarding our futures. The best thing for us therefore, is that of anticipating and expecting the worst and therefore, preparing so as not to be caught unawares when the worst comes. The other best thing is that of not only believing in the best but also embracing the risk of being let down when the best fail to come. That is why the priest asks, Ã¢â¬Å"What do you do when youre not sure? Ã¢â¬ (6) Furthermore, the play had no certainty equating to truth, which left the doubt unresolved. This was seen though the idea of progressivism vs. traditionalism, the uncertainty of the charges and through the understanding of both Sister James and Mrs. Muller. As seen through the character of Sister Aloysius doubt is so prevailing, that is causes her to consider it as the truth. Nonetheless, doubt may also be consequential both good and bad. Sister Aloysius doubt ended up being self consuming, she states Ã¢â¬Å" I will fight you.
Thursday, March 26, 2020
Bernie Madoff failed to obey the laws that are considered the minimum code of conduct to which society has agreed to respect. Ã¢â¬Å"Breaking laws means breaking the social contract to which he agreed in becoming a member of societyÃ¢â¬ . In turn this means that society has the right to punish him by revoking the rights granted by it. If we were to apply utilitarianism theory Madoff did not promote a behavior that maximizes the best for the stakeholders. His need for self-interest superseded the best interests of all other members of society. Indeed, many could argue that he demonstrated classic sociopathic tendencies. Relevant facts Ã¢â¬ ¢ He promised high returns to the clients in spite of economic recession. Ã¢â¬ ¢ Fund strategies were to buy securities from large and credible corporations with low risk with the promise of high returns and secure principle. Ã¢â¬ ¢ He never invested the money. It was deposited instead into his business account at Chase Manhattan bank. We will write a custom essay sample on Bernie MadoffÃ¢â¬â¢s Ponzy Scheme or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page Ã¢â¬ ¢ Bernard Madoff sat on the board of directors of the industry security association. Ã¢â¬ ¢ In December 2008, MadoffÃ¢â¬â¢s sons informed the federal authorities after he confessed to them that the investment was a Ponzi scheme. Ã¢â¬ ¢ In March 2009, he pleaded guilty to 11 felonies. In June 11, 2009 Madoff was sentenced to maximum sentence of 150 years in prison. Ã¢â¬ ¢ SEC was scrutinized for not investigating, despite complaints from Markopoulos and others. Ã¢â¬ ¢ Size of loss to investors between $12 and $50 billion Fairness to all concerned Bernie Madoff is the world record holder for a Ponzi scheme. He stole over $50 billion claiming he had invested clientsÃ¢â¬â¢ money. Many investors lost their entire life savings and it ruined their lives. Even if he were to be sentenced with capital punishment his death wouldnt amply punishment for the damage he has caused for the stakeholders. Furthermore, the nonprofit organizations were compelled to end their operations. Hence, they are no longer able to contribute to the society. Life in prison or even capital punishment sometimes does not meet just requirements. In extreme cases such as this, where societal damage occurs and reoccurs on multiple levels, affecting both individuals and corporations, because of the acts of one immoral person, the justice system should deliver punishment in the swiftest and most thorough manner possible. Impact on society Besides many individuals and organizations being affected by MadoffÃ¢â¬â¢s Ponzi scheme, there are other affected groups which are not directly involved either by investing or being active in the industry. These include needy families. As a result of the Ponzi scheme many individual investors, financial institutions, hospitals and charitable organizations suffered a great deal of economic depression which in turn, resulted in loss of employment, reduction in wages, bankruptcy for some people, an increase in the unemployment rate, and in the worst of cases, even suicide. Since many families experienced a substantial reduction in their finances, more people were in need of seeking assistance from the government as well as from charitable organizations. Ã¢â¬Å"Since charitable organizations were among the victims of the Ponzi scheme, individual donors are less likely to make their donations,Ã¢â¬ or were more likely to donate less than their normal contributions. Therefore, agencies which receive less financial support would be able to support fewer families, even if there are more families in need of financial assistance. Impact to any related industries Bernard Madoffs fraudulent investment firm has had a tremendous impact in the investment industry and beyond, affecting large corporations globally, including some of the largest international banks, charities, pension funds and wealthy investors. The scandal, the worlds largest ever fraud, will mean the widespread destruction of wealth, not just in the United States, but internationally. It runs the risk of causing financial institutions and businesses to default on their promises, particularly those that have invested in hedge funds which could, in turn, bring down other investors, including major infrastructure and industrial corporations which have made loans to them. Ã¢â¬Å"While many of Madoffs clients were institutional investors, some of his victims were smaller investors, including charities, pension funds and individuals whom he knew socially and who had placed their nest eggs with himÃ¢â¬ . As all of societyÃ¢â¬â¢s industries co-exist on some level, the financial devastation was truly widespread and all-encompassing. Consumer confidence has dropped to an all time low, in no small part to the behavior of one unscrupulous gentleman. Impact to the stakeholders MadoffÃ¢â¬â¢s Ponzi scheme as previously mentioned has had a tremendous impact on stakeholders whether that would be an individual investor, financial institution, large corporation or charitable organization. All of the stakeholders were not affected equally; that depended on the level of their financial capacity. Some of the individual investors were faced with bankruptcy or even committed suicide. Larger corporations were involved in lawsuits or write-downs. Individual donors changed their pattern of their donation and so on. Among others, charitable organizations were vulnerable to his Ponzi scheme because of his alleged consistency of high and stable returns. Madoff was attracted to charitable organizations because of the fact that they did not need to withdraw any proceeds from the Madoff investments to pay income taxes on their returns since they were tax free organizations. Charitable organizations seem to have been making high returns with Madoff over a long period, leading to a desire by other charities to share in the Ã¢â¬Å"profitsÃ¢â¬ . Impact to the employees Fortunately, MadoffÃ¢â¬â¢s firm employed only a dozen people; that including his sons who allegedly were not involved in the Ponzi scheme. Employees that were involved in the scheme, such as the accounting firm are just as responsible as the mastermind of the Ponzi scheme. Other employees that were not involved experienced a great deal of humiliation, loss of credibility as well as financial loss. Industry image Financial industry throughout its history has been faced with numerous scandals that contributed to fear, cynicism and distrust. Undoubtedly, this has caused powerful emotions among investors. Looking back at the financial scandals that occurred over the years, we come to realize that unethical behavior and unprofessionalism led people such as Madoff conducting schemes causing a chain of negative reactions from individual investors to the economy as a whole. By setting the rules, encouraging everyone involved to hold to the highest of ethical standards, the industry ensures that it is and will remain fair and transparent for everyone. We are aware of the fact that the financial industry is based on principles of integrity and equality and focuses on stakeholder interests. Therefore, MadoffÃ¢â¬â¢s actions do not uphold the industry image. Federal guidelines Bernie Madoff not only disregarded the federal guidelines. Ã¢â¬Å"He was even convicted and charged with 11 federal offences, including security fraud, wire fraud, mail fraud, money laundering, making false statements, perjury; theft from an employee benefit plan and making false filings with the SECÃ¢â¬ . Bernie Madoff never made any legitimate returns with his clientsÃ¢â¬â¢ money. His blatant disregard for the rules and regulations that govern the financial industry indicate his scorn for the legitimacy of wealth creation. Personal conscious if involved in a similar situation If I were an employee of this company and became aware of the circumstances of its operation, it would be my moral obligation first to desist from working there, but more importantly, to report my findings to the appropriate authorities. It would be impossible for me to look at myself with a clear conscience if I did not do just that. References Magazines: David Glovin 2010 Money Manager Chais Remains Subject of Madoff Probe Bloomberg Janet Whitman 2008 Madoff investors unlikely to regain money Financial post Harry Markoplos 2005 The worldÃ¢â¬â¢s largest fund is a fraud, SEC Robert Lezner 2008 Bernie Madoffs $50 Billion Ponzi scheme Forbes Henry Blodget 2009 Bernie Madoffs Victims Business insider Business Insider Internet sources: http://en. wikipedia. org/wiki/Bernard_Madoff http://www. wsws. org/articles/2008/dec2008/mado-d18. shtml http://money. cnn. com/2009/03/12/news/newsmakers/madoff_transcript/ http://www. cbsnews. com/stories/2010/06/03/business/main6544040. shtml
Friday, March 6, 2020
movie research paper movie research paper Corina Gracia Comp 1 Professor Jackson March 20, 2012 The Book of Eli The Book of Eli is a Post-Apocalyptic action movie Written in 2007 by Gary Whitta and subsequently rewritten in 2008 by Tony Peckham. This movie has some details that make of this movie different, and interesting. With starring of Denzel Washington as Eli and Gary Oldman as Carnegie we would begin to feel, compassion and anger. The character Eli is a very strong person but he also is manner, and pacifist. In the case of Carnegie it is totally the opposite, he is a controller, abuser and is obsessed with a book in order to control the town. However, this two characters are very well development, throughout the movie they reveals their abilities, and limits to defend or obtain a mysterious book. The Book of Eli was filmed in New Mexico in 2009 and was directed by Allen and Albert Hughes. The movie took place in the future after a nuclear war. The war left the new world desolated. Many things from the Ã¢â¬Å"old worldÃ¢â¬ were lost, such as knowledge of how to read or write, peace, j obs, and etcetera. Also money did not existed people interchange articles for favor or other goods. The water is a treasure and was very hard to find and obtain, and due to the lack of food, there were many cannibals in the region. That world was such a mess, it looked like a desert, and many things and buildings were destroyed. As a consequence, of the war ignorance was very present in young people. The Ã¢â¬Å"evil personsÃ¢â¬ wanted to take control over the world, but they need to have very mysterious and powerful book. EliÃ¢â¬â¢s mission is to protect it from everything and everyone; even to kill if was need it. The story starts thirty years after a post-apocalyptic war, Eli was told by a voice to take the book and to deliver a copy to a safe location in the West Coast of the United States. Throughout the movie Eli show his survival abilities, and also why he was the chosen. EliÃ¢â¬â¢s way to think was different, as is his way to live. He is a nomad person who chose to accept the mission. He has surprising abilities such as good listener and smeller, quick hand with knives, guns, and etcetera. In comparison with other characters he has something special and never seen in a post-apocalyptic, like the messiah type before. After the long walk of thirty years, Eli faces his opponent Carnegie who is the leader of the hijackers, he proclaims himself as the ruler of a dusty village. He knows perfectly about the power that the book has in order to bend the people to his will. What makes the movie more unique is the way that the twins, Allen and Albert Hughes made some comic book scenes when EliÃ¢ â¬â¢s battle showed entirely in silhouette. The movie has an interesting sunburn browns and pale blues that creates a dry and dusty world under a merciless sky. Being a post-apocalyptic movie it has some biblical references in the book of genesis, psalms and revelations in some scene. In addition some scenes can also be referred to Moses when he was going to the Promised Land, and God sustained his people. In comparison with Jesus, his mission was to Ã¢â¬Å"be the one who save the new generationÃ¢â¬ . Another aspects of the movie are irony and personification; an example of irony was when Eli gives the mouse a piece of roasted cat. And an example of personification was at the end when Eli arrives to the West and the color change more vivid meaning the end of an era. Allen and Albert Hughes have not shot a film since 2001 with the movie Ã¢â¬Å"From HelenÃ¢â¬ . Both movies are violent and have bloody action scenes. On the other hand, it was wonderful to see two powerful actors on the same screenplay.
Wednesday, February 19, 2020
Modeling the Exchange Rate and Balance of Payments - Essay Example Many countries use financial institutions, central banks, to invest in several monetary and financial systems and other resources in their quest to predict exchange rate and determine international trade as well as a balance of payment. Several theories have been forwarded to determine the value of exchange rate and balance of payments, and in this summary, we will discuss the determinants of a balance of trade, the IS-LM-BP approach and the monetary approach in relation to the two (Melvin and Norrbin, 225). The elasticity approach to the balance of trade explains that the economic behavior involves satisfaction of the unlimited wants with limited resources. One effect of this is that consumers and business firms end up substituting the expensive good for the more affordable ones as prices change to stretch their budgets as far as they can. Relative prices normally change relative to demand and supply for individual goods. Such changes may be caused by an alteration in tastes, the method of production, government taxes, or subsidies amongst other possible causes. If the changes concern the prices of goods at home relative to the foreign goods, the international trade patterns may actually be altered. The elasticity approach to the balance of trade involves the way changing of relative prices of the domestic and foreign goods will affect and possibly change the balance of trade. Furthermore, it provides an analysis of how the issue of devaluation affects the balance of trade in relation t o the elasticity of supply and demand for foreign exchange and foreign goods in the concerned market (Melvin and Norrbin 226). The devaluation of a countryÃ¢â¬â¢s currency domestically normally raises the price of foreign goods in relation to the domestic goods within that country.